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Smart Cities Market in India - Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023

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Smart cities are gaining market traction as there is a compulsive search for land to accommodate more than 7 billion people on the planet. The continued growth in the population, ill-planned cities, overcrowding in developing cities, and lavish lifestyle are resulting in enormous wastage of the natural resources. The loss of natural resources will eventually result in high cost of living, a rise in the level of pollution, and an increase in the crime rates. Thus, the governments in many countries have come up with a concept of smart cities, which will be enabled by the intelligent information and communication technology.

Infoholic Research forecasts the smart cities market in India to grow at a CAGR of 18.5% during the forecast period. The market is segmented into city types and applications.

As stated in the report, India is one of the fastest and largest growing markets for smart cities due to the initiatives and the use of technology. The Tier 2 metro cities will have the highest growth rate due to the declaration of government initiatives and private investments from the software providers. Moreover, the Government of India has already planned and mentioned the first 20 smart cities.

The market is evolving mainly due to the increasing adoption of Internet and mobile phones and the growing demand for energy-efficient sources to safeguard the Earth's limited resources. These situations have offered tremendous opportunities for the smart cities players across the world to invest hugely in the market and achieve their business goals.

The report covers the present scenario and the growth prospects of the smart cities market in India during the forecast period 2017-2023. Moreover, to calculate the market size, the report considers the revenue generated from the sales of the following solutions:

o Smart Governance

o Smart Education

o Smart Security

o Smart Energy

o Smart Infrastructure

o Smart Mobility

o Smart Healthcare

o Smart Building

The market is analyzed by

o Applications-Smart Governance, Smart Education, Smart Security, Smart Energy, Smart Infrastructure, Smart Mobility, Smart Healthcare, Smart Building

o City Types-Tier 1, Tier 2, and others

The report covers drivers, restraints, and opportunities (DRO) affecting the market growth during the forecast period (2017-2023)

It contains an analysis of vendor profiles, which include financial health, business units, geographical revenue, business focus, SWOT, business strategy, and views

In the vendor profile section, for the companies that are privately held, financial information and revenue of segments will be limited

The report covers political, economic, social, and technological (PEST) factors affecting the market growth during the forecast period

 

Key Players:

Cisco Systems, Google Inc., General Electric, Panasonic, Honeywell International Inc., Microsoft Corp., IBM Corp., ABB Ltd., SAP SE, and Apple.

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Table Of Content

Scope

Table of Contents

1 Industry Outlook 9

1.1 Industry Overview 9

1.2 Industry Trends 10

1.3 PEST Analysis 11

2 Report Outline 12

2.1 Report Scope 12

2.2 Report Summary 13

2.3 Research Methodology 14

2.4 Report Assumptions 14

3 Market Snapshot 16

3.1 Total Addressable Market 16

3.2 Segmented Addressable Market 16

3.3 Related Markets 17

3.3.1 AI in Homes 17

3.3.2 Smart Meters 17

4 Market Outlook 18

4.1 Overview 18

4.1.1 Market Definition-Infoholic Research 18

4.2 Market Trends and Impact 19

4.3 Market Segmentation 20

4.4 Porter 5 (Five) Forces 20

5 Market Characteristics 22

5.1 Benefits and Challenges of Smart Cities in India Market 22

5.2 Market Dynamics 22

5.2.1 Drivers 23

5.2.1.1 Enhanced broadband connectivity 23

5.2.1.2 Increased investment in smart cities, IoT, and M2M communication system 23

5.2.1.3 Adoption of digital lifestyle 23

5.2.1.4 Need for safety and security arrangement 23

5.2.2 Restraints 24

5.2.2.1 High upfront cost 24

5.2.2.2 Lack of standards and interoperability 24

5.2.2.3 Low awareness 24

5.2.3 Opportunities 25

5.2.3.1 Opportunities for growth of wearable devices 25

5.2.3.2 Opportunities from developing economy 25

5.2.3.3 Opportunities for telecom providers 25

5.3 DRO-Impact Analysis 26

6 Applications 27

6.1 Overview 27

6.2 Smart Governance 28

6.2.1 Market Size and Analysis 28

6.3 Smart Education 29

6.3.1 Market Size and Analysis 30

6.4 Smart Security 30

6.4.1 Market Size and Analysis 31

6.5 Smart Energy 32

6.5.1 Market Size and Analysis 32

6.6 Smart Infrastructure 33

6.6.1 Market Size and Analysis 34

6.7 Smart Mobility 34

6.7.1 Market Size and Analysis 35

6.8 Smart Healthcare 36

6.8.1 Market Size and Analysis 36

6.9 Smart Building 37

6.9.1 Market Size and Analysis 38

7 Cities 39

7.1.1 DRO for the tier 1 cities 39

7.1.2 DRO for tier 2 cities 40

7.1.3 DRO for other cities 40

8 Vendor Profiles 41

8.1 Cisco System 41

8.1.1 Overview 41

8.1.2 Business Units 42

8.1.3 Geographic Revenue 43

8.1.4 Business Focus 43

8.1.5 SWOT Analysis 44

8.1.6 Business Strategies 44

8.2 Google Inc. 46

8.2.1 Overview 46

8.2.2 Business Units 47

8.2.3 Geographic Revenue 48

8.2.4 Business Focus 48

8.2.5 SWOT Analysis 49

8.2.6 Business Strategies 49

8.3 General Electric 51

8.3.1 Overview 51

8.3.2 Business Units 52

8.3.3 Geographic Revenue 53

8.3.4 Business Focus 53

8.3.5 SWOT Analysis 54

8.3.6 Business Strategies 54

8.4 Panasonic 56

8.4.1 Overview 56

8.4.2 Business Units 57

8.4.3 Geographic Revenue 58

8.4.4 Business Focus 58

8.4.5 SWOT Analysis 59

8.4.6 Business Strategies 59

8.5 Honeywell International Inc. 60

8.5.1 Overview 60

8.5.2 Business Units 61

8.5.3 Geographic Revenue 62

8.5.4 Business Focus 62

8.5.5 SWOT Analysis 63

8.5.6 Business Strategies 63

9 Global Generalist 65

9.1 Microsoft Corp. 65

9.1.1 Overview 65

9.1.2 Microsoft Market 65

9.1.3 Microsoft in Smart Homes M2M market 66

9.2 IBM Corp. 66

9.2.1 Overview 66

9.2.2 IBM Corp. Market 66

9.2.3 IBM in Smart Cities Market 67

9.3 ABB Ltd. 68

9.3.1 Overview 68

9.3.2 ABB Market 68

9.3.3 ABB Ltd. in Smart Cities Market 69

9.4 SAP SE 70

9.4.1 Overview 70

9.4.2 SAP SE Market 70

9.4.3 SAP SE in Smart Cities Market 71

9.5 Apple 72

9.5.1 Overview 72

9.5.2 Apple Market 72

9.5.3 Apple in Smart Cities Market 73

Annexure 74

Abbreviations 74

 


List Of Figure

Charts

 

CHART 1 PEST ANALYSIS OF SMART CITIES IN INDIA MARKET 11

CHART 2 RESEARCH METHODOLOGY OF SMART CITIES IN INDIA MARKET 14

CHART 3 SMART CITIES MARKET IN INDIA REVENUE, 2017-2023 (USD BILLION) 16

CHART 4 SMART CITIES IN INDIA MARKET SEGMENTATION 20

CHART 5 PORTER 5 FORCES OF SMART CITIES IN INDIA MARKET 20

CHART 6 MARKET DYNAMICS-DRIVERS, RESTRAINTS & OPPORTUNITIES 22

CHART 7 DRO-IMPACT ANALYSIS OF SMART CITIES IN INDIA MARKET 26

CHART 8 SMART CITIES IN INDIA MARKET SHARE BY APPLICATIONS, 2017 AND 2023 27

CHART 9 SMART GOVERNANCE MARKET REVENUE, 2017-2023 (USD BILLION) 28

CHART 10 SMART EDUCATION MARKET REVENUE, 2017-2023 (USD BILLION) 29

CHART 11 SMART SECURITY MARKET REVENUE, 2017-2023 (USD BILLION) 30

CHART 12 SMART ENERGY MARKET REVENUE, 2017-2023 (USD BILLION) 32

CHART 13 SMART INFRASTRUCTURE MARKET REVENUE, 2017-2023 (USD BILLION) 33

CHART 14 SMART MOBILITY MARKET REVENUE, 2017-2023 (USD BILLION) 34

CHART 15 SMART HEALTHCARE MARKET REVENUE, 2017-2023 (USD BILLION) 36

CHART 16 SMART BUILDING MARKET REVENUE, 2017-2023 (USD BILLION) 37

CHART 17 CISCO SYSTEM: OVERVIEW SNAPSHOT 41

CHART 18 CISCO SYSTEM: BUSINESS UNITS 42

CHART 19 CISCO SYSTEM: GEOGRAPHIC REVENUE 43

CHART 20 CISCO SYSTEM: SWOT ANALYSIS 44

CHART 21 GOOGLE INC.: OVERVIEW SNAPSHOT 46

CHART 22 GOOGLE INC.: BUSINESS UNITS 47

CHART 23 GOOGLE INC.: GEOGRAPHIC REVENUE 48

CHART 24 GOOGLE INC.: SWOT ANALYSIS 49

CHART 25 GENERAL ELECTRIC: OVERVIEW SNAPSHOT 51

CHART 26 GENERAL ELECTRIC: BUSINESS UNITS 52

CHART 27 GENERAL ELECTRIC: GEOGRAPHIC REVENUE 53

CHART 28 GENERAL ELECTRIC: SWOT ANALYSIS 54

CHART 29 PANASONIC: OVERVIEW SNAPSHOT 56

CHART 30 PANASONIC: BUSINESS UNITS 57

CHART 31 PANASONIC: GEOGRAPHIC REVENUE 58

CHART 32 PANASONIC: SWOT ANALYSIS 59

CHART 33 HONEYWELL INTERNATIONAL INC.: OVERVIEW SNAPSHOT 60

CHART 34 HONEYWELL INTERNATIONAL INC.: BUSINESS UNITS 61

CHART 35 HONEYWELL INTERNATIONAL INC.: GEOGRAPHIC REVENUE 62

CHART 36 HONEYWELL INTERNATIONAL INC.: SWOT ANALYSIS 63

CHART 37 MICROSOFT: MARKET OUTLOOK 65

CHART 38 IBM CORP.: MARKET OUTLOOK 66

CHART 39 ABB: MARKET OUTLOOK 68

CHART 40 SAP SE: MARKET OUTLOOK 70

CHART 41 APPLE: MARKET OUTLOOK 72

 

 


List Of Table

Tables

 

TABLE 1 SMART CITIES IN INDIA MARKET REVENUE BY APPLICATIONS, 2017-2023 (USD BILLION) 27

TABLE 2 SMART GOVERNANCE MARKET REVENUE BY CITY TYPES, 2017-2023 (USD BILLION) 28

TABLE 3 SMART EDUCATION MARKET REVENUE BY CITY TYPES, 2017-2023 (USD BILLION) 30

TABLE 4 SMART SECURITY MARKET REVENUE BY CITY TYPES, 2017-2023 (USD BILLION) 31

TABLE 5 SMART ENERGY MARKET REVENUE BY CITY TYPES, 2017-2023 (USD BILLION) 32

TABLE 6 SMART INFRASTRUCTURE MARKET REVENUE BY CITY TYPES, 2017-2023 (USD BILLION) 34

TABLE 7 SMART MOBILITY MARKET REVENUE BY CITY TYPES, 2017-2023 (USD BILLION) 35

TABLE 8 SMART HEALTHCARE MARKET REVENUE BY CITY TYPES, 2017-2023 (USD BILLION) 36

TABLE 9 SMART BUILDING MARKET REVENUE BY CITY TYPES, 2017-2023 (USD BILLION) 38

TABLE 11 DRO FOR THE TIER 1 CITIES 39

TABLE 12 DRO FOR TIER 2 CITIES 40

TABLE 13 DRO FOR OTHER CITIES 40

 

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Products and Companies


Companies

Cisco Systems, Google Inc., General Electric, Panasonic, Honeywell International Inc., Microsoft Corp., IBM Corp., ABB Ltd., SAP SE, and Apple.