Press Release

Smart Cities Market Size, Industry Share and Growth Rate 2019-2026

Smart Cities Industry 2019 Global Market research report presents you analysis of market size, share, and growth, trends, and cost structure, statistical and comprehensive data of the global market.

A recent report on the smart cities market by Fortune Business Insights says the need for an intellectually connected city with advanced communication technologies is important for today’s world and this propels the need for smart cities. The report titled, “Smart Cities Market Size, Share and Global Trend by Functional Area (Smart Education, Smart Energy, Smart Infrastructure, Smart Healthcare, Smart Building, Others), And Geography Forecast till 2026” provides a detailed analysis of the smart cities market with special emphasis on factors propelling and repelling the growth of the market.

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Key Market Driver –

  • Development of new sources of renewable energy
  • Growth of digitalized and automated solutions
  • Increasing initiatives from the government to deploy smart components such as smart parking system, smart lighting system, and others

Key Market Restraint –

  • Massive cost in deploying this solution in the entire city and complexity in connectivity

Top Players Overview:

  • AT&T Inc.
  • Cisco Systems Inc.
  • Ericsson
  • General Electric
  • Hitachi Ltd.
  • Huawei Technologies Co. Ltd.
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • Siemens AG
  • Schneider Electric SE.

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Key Segmental Overview:

  1. By Functional Area
  • Smart Education
  • Smart Energy
    • Smart Energy Storage
    • Power Electronics
  • Smart Infrastructure
    • Smart Lighting
    • Smart Transportation
    • Smart Water Management
    • Smart Stadium
    • Smart Public Safety and Security
    • Others
    • Smart Healthcare
    • Connected Hospitals
    • Others
  • Smart Building
    • Building Facility Management Systems
    • Buildings Safety and security
    • Others
  • Others
  1. By Geography
  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Regional Analysis:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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Major Table of Content For Smart Cities Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Smart Cities Market Analysis, Insights and Forecast, 2026
  6. North America Smart Cities Market Analysis, Insights and Forecast, 2026
  7. Europe Smart Cities Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Smart Cities Market Analysis, Insights and Forecast, 2026
  9. The Middle East and Africa Smart Cities Market Analysis, Insights and Forecast, 2026
  10. Latin America Smart Cities Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion


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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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Ruby Arterburn

Ruby is leading the team writing for artificial intelligence. She is a newcomer in the organization and has already made her base and reputation with her hard work and her efficiency towards her field. Being a student of computer science it has become easier for her to understand the objectives and the expected results of this column. She is also an excellent cook, and now and then, and we get the opportunity to taste her deliciously baked cookies.

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