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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Smart City Platform Market Share
Security management platform boosts the smart city platform market revenue by facilitating rapid incident response via providing automated incident detection, notification, and remediation capabilities, minimizing the impact of security incidents on smart city operations.
The security management platform promotes cybersecurity awareness and provides training resources to smart city stakeholders, empowering them to recognize and mitigate security risks effectively.
By streamlining connectivity management processes and optimizing resource usage, the platform helps reduce operational costs associated with maintaining and managing smart city networks.
Smart healthcare platform enables real-time monitoring of patients' health metrics remotely, allowing healthcare providers to deliver personalized care outside traditional healthcare settings.
One of the key trends of smart city platform market is that smart city platforms facilitate the secure exchange of electronic health records (EHRs) and other health information among healthcare providers, improving care coordination and continuity across different healthcare settings.
Smart city platforms facilitate the integration of various transportation modes, including public transit, ridesharing, bike-sharing, and micro-mobility services, into a seamless and interconnected transport network. This improves mobility options for residents and reduces reliance on private cars.
Smart City Platform Market Report Snapshots
Smart City Platform Market Size
Smart City Platform Market Growth
Smart City Platform Market Trends
Smart City Platform Market Share
Smart City Platform Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The smart city platform market was valued at USD 33.61 billion in 2024.
The smart city platform market is projected to grow at a CAGR of 49.2% between 2025 and 2034.
The revenue generated from the smart city platform market is expected to reach USD 1230.26 billion in 2034.
The market is broken down into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The major industry drivers include the rising application of smart city platform in transportation and security systems, increasing investments in smart city projects, and the rapid digitalisation around the world.
The key market trends guiding the growth of the industry include the technological advancements in cloud-based e-governance software, including the addition of the latest features and the upgradation of existing models.
The market is categorised according to the platform type, which includes connectivity management platform, integration platform, device management platform, data management platform, and security management platform.
Based on the application, the market is divided into smart mobility/transportation, smart security, smart utilities, smart governance, smart infrastructure, smart healthcare, and others.
Based on the deployment, the market is divided into on-premises and cloud.
The key players are Hitachi Vantara LLC, Huawei Technologies Co., Ltd., Schneider Electric SE, Siemens Aktiengesellschaft, Cisco Systems, Inc., and IBM Corporation, among others.
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