Setting

Europe Smart Cities Market 2020-2030 by Component (Hardware, Software, Services), Application (Citizen Service, Transportation, Utilities, Home & Building), Business Model (BOM, BOO, BOT, OBM), and Country: Trend Forecast and Growth Opportunity

Published: 26 Oct 2020 | Report Code: 10247746 | Pages: 159

Europe smart cities market accounted for $183.6 billion in 2019 and will grow by 16.8% annually over 2020-2030 owing to the rising need for resource management due to overpopulation and emerging technological advancements in 5G, AI, big data, IoT, cloud and edge computing. Highlighted with 42 tables and 83 figures, this 159-page report “Europe Smart Cities Market 2020-2030 by Component (Hardware, Software, Services), Application (Citizen Service, Transportation, Utilities, Home & Building), Business Model (BOM, BOO, BOT, OBM), and Country: Trend Forecast and Growth Opportunity” is based on a holistic research of the entire Europe smart cities market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2016-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Europe smart cities market in every aspect of the classification from perspectives of Component, Application, Business Model, and Country. Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section. Infrastructure & Hardware • Smart Devices • Embedded Objects • Smart Sensors • Other Hardware Software & Solutions • Software & Applications • Communication Optimization • Data Collection & Analysis • Other Solutions Services • Professional Services • Managed Services Based on Application, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section. Smart Transportation • Parking Management • Ticketing & Travel Management • Traffic Management • Passenger Information Management System • Freight Information System • Other Smart Transportation Systems Smart Utilities • Energy management • Advanced Metering Infrastructure • Smart Grid • Water Management • Distribution Management • Other Smart Utilities Smart Governance • E-Governance Solutions • Smart Public Safety • Law Enforcement • City Planning • Other Governance Services Smart Home & Building • Building Automation System • Energy Management Systems • Parking Management System • Emergency Management System • Other Smart Building Systems Smart Citizen Service • Smart Education • Smart Healthcare • Emergency Response System • Video Surveillance System • Assisted Living Solution • Other Citizen Services Smart Mobility • Electric Vehicle Charging • Tunnel Management • Tolling Management • Other Mobility Solutions Other Applications Based on Business Model, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section. • Build Operate Manage (BOM) • Build Own Operate (BOO) • Build Operate Transfer (BOT) • Open Business Model (OBM) • Other Business Models Geographically, the following national/local markets are fully investigated: • Germany • UK • France • Spain • Italy • Russia • Rest of Europe (further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania) For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of key national markets by Component, Application, and Business Model over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in Europe smart cities market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. Key Players (this may not be a complete list and extra companies can be added upon request): ABB Ltd. Accenture Plc Alphabet Inc. AT&T Cisco Systems Inc. Ericsson Foxconn Electronics Inc. Fujitsu Ltd. General Electric Company Hitachi Honeywell Huawei Technologies IBM Corporation INTEL Corporation LG Electronics Inc. Microsoft Corp. Oracle Corp. Qualcomm Technologies Inc. Schneider Electric SE Siemens AG Toshiba Corporation (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table Of Contents

1 Introduction	8
1.1 Industry Definition and Research Scope	8
1.1.1 Industry Definition	8
1.1.2 Research Scope	9
1.2 Research Methodology	12
1.2.1 Overview of Market Research Methodology	12
1.2.2 Market Assumption	13
1.2.3 Secondary Data	13
1.2.4 Primary Data	13
1.2.5 Data Filtration and Model Design	15
1.2.6 Market Size/Share Estimation	16
1.2.7 Research Limitations	17
1.3 Executive Summary	18
2 Market Overview and Dynamics	20
2.1 Market Size and Forecast	20
2.1.1 Impact of COVID-19 on World Economy	22
2.1.2 Impact of COVID-19 on the Market	25
2.2 Major Growth Drivers	27
2.3 Market Restraints and Challenges	30
2.4 Emerging Opportunities and Market Trends	33
2.5 Porter’s Fiver Forces Analysis	37
3 Segmentation of Europe Market by Component	41
3.1 Market Overview by Component	41
3.2 Infrastructure & Hardware	43
3.2.1 Smart Devices	44
3.2.2 Embedded Objects	45
3.2.3 Smart Sensors	46
3.2.4 Other Hardware	47
3.3 Software & Solutions	48
3.3.1 Software & Applications	49
3.3.2 Communication Optimization	50
3.3.3 Data Collection & Analysis	51
3.3.4 Other Solutions	52
3.4 Services	53
3.4.1 Professional Services	54
3.4.2 Managed Services	55
4 Segmentation of Europe Market by Application	56
4.1 Market Overview by Application	56
4.2 Smart Transportation	58
4.2.1 Parking Management	60
4.2.2 Ticketing & Travel Management	61
4.2.3 Traffic Management	62
4.2.4 Passenger Information Management System	63
4.2.5 Freight Information System	64
4.2.6 Other Smart Transportation Systems	65
4.3 Smart Utilities	66
4.3.1 Energy management	68
4.3.2 Advanced Metering Infrastructure	69
4.3.3 Smart Grid	70
4.3.4 Water Management	71
4.3.5 Distribution Management	72
4.3.6 Other Smart Utilities	73
4.4 Smart Governance	74
4.4.1 E-Governance Solutions	76
4.4.2 Smart Public Safety	77
4.4.3 Law Enforcement	78
4.4.4 City Planning	79
4.4.5 Other Governance Services	80
4.5 Smart Home & Building	81
4.5.1 Building Automation System	83
4.5.2 Energy Management Systems	84
4.5.3 Parking Management System	85
4.5.4 Emergency Management System	86
4.5.5 Other Smart Building Systems	87
4.6 Smart Citizen Service	88
4.6.1 Smart Education	90
4.6.2 Smart Healthcare	91
4.6.3 Emergency Response System	92
4.6.4 Video Surveillance System	93
4.6.5 Assisted Living Solution	94
4.6.6 Other Citizen Services	95
4.7 Smart Mobility	96
4.7.1 Electric Vehicle Charging	98
4.7.2 Tunnel Management	99
4.7.3 Tolling Management	100
4.7.4 Other Mobility Solutions	101
4.8 Other Applications	102
5 Segmentation of Europe Market by Business Model	103
5.1 Market Overview by Business Model	103
5.2 Build Operate Manage (BOM)	105
5.3 Build Own Operate (BOO)	106
5.4 Build Operate Transfer (BOT)	107
5.5 Open Business Model (OBM)	108
5.6 Other Business Models	109
6 European Market 2019-2030 by Country	110
6.1 Overview of European Market	110
6.2 Germany	113
6.3 UK	115
6.4 France	117
6.5 Spain	119
6.6 Italy	121
6.7 Russia	123
6.8 Rest of European Market	125
7 Competitive Landscape	127
7.1 Overview of Key Vendors	127
7.2 New Product Launch, Partnership, Investment, and M&A	130
7.3 Company Profiles	131
ABB Ltd.	131
Accenture Plc	133
Alphabet Inc.	134
AT&T	135
Cisco Systems Inc.	136
Ericsson	137
Foxconn Electronics Inc.	138
Fujitsu Ltd.	139
General Electric Company	140
Hitachi	141
Honeywell	142
Huawei Technologies	143
IBM Corporation	144
INTEL Corporation	145
LG Electronics Inc.	146
Microsoft Corp.	147
Oracle Corp.	148
Qualcomm Technologies Inc.	149
Schneider Electric SE	150
Siemens AG	151
Toshiba Corporation	152
8 Investing in Europe Market: Risk Assessment and Management	153
8.1 Risk Evaluation of Europe Market	153
8.2 Critical Success Factors (CSFs)	156
Related Reports and Products	159
List Of Tables

Table 1.  Snapshot of Europe Smart Cities Market, 2019-2030	19
Table 2. Growth Rate of World Real GDP, 2017-2021	23
Table 3.  Main Product Trends and Market Opportunities in Europe Smart Cities Market	33
Table 4. Europe Smart Cities Market by Component, 2019-2030, $ bn	41
Table 5. Europe Smart Cities Market: Infrastructure & Hardware by Type, 2019-2030, $ bn	43
Table 6. Europe Smart Cities Market: Software & Solutions by Type, 2019-2030, $ bn	48
Table 7. Europe Smart Cities Market: Services by Type, 2019-2030, $ bn	53
Table 8. Europe Smart Cities Market by Application, 2019-2030, $ bn	56
Table 9. Europe Smart Cities Market: Smart Transportation by Application, 2019-2030, $ bn	59
Table 10. Europe Smart Cities Market: Smart Utilities by Application, 2019-2030, $ bn	67
Table 11. Europe Smart Cities Market: Smart Governance by Application, 2019-2030, $ bn	75
Table 12. Europe Smart Cities Market: Smart Home & Building by Application, 2019-2030, $ bn	82
Table 13. Europe Smart Cities Market: Smart Citizen Service by Application, 2019-2030, $ bn	89
Table 14. Europe Smart Cities Market: Smart Mobility by Application, 2019-2030, $ bn	97
Table 15. Europe Smart Cities Market by Business Model, 2019-2030, $ bn	103
Table 16. Europe Smart Cities Market by Country, 2019-2030, $ bn	112
Table 17. Germany Smart Cities Market by Component, 2019-2030, $ bn	114
Table 18. Germany Smart Cities Market by Application, 2019-2030, $ bn	114
Table 19. Germany Smart Cities Market by Business Model, 2019-2030, $ bn	114
Table 20. UK Smart Cities Market by Component, 2019-2030, $ bn	116
Table 21. UK Smart Cities Market by Application, 2019-2030, $ bn	116
Table 22. UK Smart Cities Market by Business Model, 2019-2030, $ bn	116
Table 23. France Smart Cities Market by Component, 2019-2030, $ bn	118
Table 24. France Smart Cities Market by Application, 2019-2030, $ bn	118
Table 25. France Smart Cities Market by Business Model, 2019-2030, $ bn	118
Table 26. Spain Smart Cities Market by Component, 2019-2030, $ bn	120
Table 27. Spain Smart Cities Market by Application, 2019-2030, $ bn	120
Table 28. Spain Smart Cities Market by Business Model, 2019-2030, $ bn	120
Table 29. Italy Smart Cities Market by Component, 2019-2030, $ bn	122
Table 30. Italy Smart Cities Market by Application, 2019-2030, $ bn	122
Table 31. Italy Smart Cities Market by Business Model, 2019-2030, $ bn	122
Table 32. Russia Smart Cities Market by Component, 2019-2030, $ bn	124
Table 33. Russia Smart Cities Market by Application, 2019-2030, $ bn	124
Table 34. Russia Smart Cities Market by Business Model, 2019-2030, $ bn	124
Table 35. Smart Cities Market in Rest of Europe by Country, 2019-2030, $ bn	126
Table 36. ABB Ltd.: Company Snapshot	131
Table 37. ABB Ltd.: Business Segmentation	131
Table 38. ABB Ltd.: Product Portfolio	132
Table 39. ABB Ltd.: Revenue, 2016-2018, $ bn	132
Table 40. ABB Ltd.: Recent Developments	132
Table 41.  Risk Evaluation for Investing in Europe Market, 2019-2030	154
Table 42. Critical Success Factors and Key Takeaways	157
List Of Figures

Figure 1. Research Method Flow Chart	12
Figure 2. Breakdown of Primary Research	14
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation	16
Figure 4. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030	18
Figure 5. Europe Smart Cities Market, 2019-2030, $ bn	20
Figure 6. Impact of COVID-19 on Business	25
Figure 7. Primary Drivers and Impact Factors of Europe Smart Cities Market	27
Figure 8. Primary Restraints and Impact Factors of Europe Smart Cities Market	30
Figure 9. Investment Opportunity Analysis	34
Figure 10. Porter’s Fiver Forces Analysis of Europe Smart Cities Market	37
Figure 11. Breakdown of Europe Smart Cities Market by Component, 2019-2030, % of Sales Revenue	41
Figure 12. Europe Addressable Market Cap in 2020-2030 by Component, Value ($ bn) and Share (%)	42
Figure 13. Europe Smart Cities Market: Infrastructure & Hardware, 2019-2030, $ bn	43
Figure 14. Europe Smart Cities Market: Smart Devices, 2019-2030, $ bn	44
Figure 15. Europe Smart Cities Market: Embedded Objects, 2019-2030, $ bn	45
Figure 16. Europe Smart Cities Market: Smart Sensors, 2019-2030, $ bn	46
Figure 17. Europe Smart Cities Market: Other Hardware, 2019-2030, $ bn	47
Figure 18. Europe Smart Cities Market: Software & Solutions, 2019-2030, $ bn	48
Figure 19. Europe Smart Cities Market: Software & Applications, 2019-2030, $ bn	49
Figure 20. Europe Smart Cities Market: Communication Optimization, 2019-2030, $ bn	50
Figure 21. Europe Smart Cities Market: Data Collection & Analysis, 2019-2030, $ bn	51
Figure 22. Europe Smart Cities Market: Other Solutions, 2019-2030, $ bn	52
Figure 23. Europe Smart Cities Market: Services, 2019-2030, $ bn	53
Figure 24. Europe Smart Cities Market: Professional Services, 2019-2030, $ bn	54
Figure 25. Europe Smart Cities Market: Managed Services, 2019-2030, $ bn	55
Figure 26. Breakdown of Europe Smart Cities Market by Application, 2019-2030, % of Sales Revenue	57
Figure 27. Europe Addressable Market Cap in 2020-2030 by Application, Value ($ bn) and Share (%)	57
Figure 28. Europe Smart Cities Market: Smart Transportation, 2019-2030, $ bn	58
Figure 29. Europe Smart Cities Market: Parking Management, 2019-2030, $ bn	60
Figure 30. Europe Smart Cities Market: Ticketing & Travel Management, 2019-2030, $ bn	61
Figure 31. Europe Smart Cities Market: Traffic Management, 2019-2030, $ bn	62
Figure 32. Europe Smart Cities Market: Passenger Information Management System, 2019-2030, $ bn	63
Figure 33. Europe Smart Cities Market: Freight Information System, 2019-2030, $ bn	64
Figure 34. Europe Smart Cities Market: Other Smart Transportation Systems, 2019-2030, $ bn	65
Figure 35. Europe Smart Cities Market: Smart Utilities, 2019-2030, $ bn	66
Figure 36. Europe Smart Cities Market: Energy management, 2019-2030, $ bn	68
Figure 37. Europe Smart Cities Market: Advanced Metering Infrastructure, 2019-2030, $ bn	69
Figure 38. Europe Smart Cities Market: Smart Grid, 2019-2030, $ bn	70
Figure 39. Europe Smart Cities Market: Water Management, 2019-2030, $ bn	71
Figure 40. Europe Smart Cities Market: Distribution Management, 2019-2030, $ bn	72
Figure 41. Europe Smart Cities Market: Other Smart Utilities, 2019-2030, $ bn	73
Figure 42. Europe Smart Cities Market: Smart Governance, 2019-2030, $ bn	74
Figure 43. Europe Smart Cities Market: E-Governance Solutions, 2019-2030, $ bn	76
Figure 44. Europe Smart Cities Market: Smart Public Safety, 2019-2030, $ bn	77
Figure 45. Europe Smart Cities Market: Law Enforcement, 2019-2030, $ bn	78
Figure 46. Europe Smart Cities Market: City Planning, 2019-2030, $ bn	79
Figure 47. Europe Smart Cities Market: Other Governance Services, 2019-2030, $ bn	80
Figure 48. Europe Smart Cities Market: Smart Home & Building, 2019-2030, $ bn	81
Figure 49. Europe Smart Cities Market: Building Automation System, 2019-2030, $ bn	83
Figure 50. Europe Smart Cities Market: Energy Management Systems, 2019-2030, $ bn	84
Figure 51. Europe Smart Cities Market: Parking Management System, 2019-2030, $ bn	85
Figure 52. Europe Smart Cities Market: Emergency Management System, 2019-2030, $ bn	86
Figure 53. Europe Smart Cities Market: Other Smart Building Systems, 2019-2030, $ bn	87
Figure 54. Europe Smart Cities Market: Smart Citizen Service, 2019-2030, $ bn	88
Figure 55. Europe Smart Cities Market: Smart Education, 2019-2030, $ bn	90
Figure 56. Europe Smart Cities Market: Smart Healthcare, 2019-2030, $ bn	91
Figure 57. Europe Smart Cities Market: Emergency Response System, 2019-2030, $ bn	92
Figure 58. Europe Smart Cities Market: Video Surveillance System, 2019-2030, $ bn	93
Figure 59. Europe Smart Cities Market: Assisted Living Solution, 2019-2030, $ bn	94
Figure 60. Europe Smart Cities Market: Other Citizen Services, 2019-2030, $ bn	95
Figure 61. Europe Smart Cities Market: Smart Mobility, 2019-2030, $ bn	96
Figure 62. Europe Smart Cities Market: Electric Vehicle Charging, 2019-2030, $ bn	98
Figure 63. Europe Smart Cities Market: Tunnel Management, 2019-2030, $ bn	99
Figure 64. Europe Smart Cities Market: Tolling Management, 2019-2030, $ bn	100
Figure 65. Europe Smart Cities Market: Other Mobility Solutions, 2019-2030, $ bn	101
Figure 66. Europe Smart Cities Market: Other Applications, 2019-2030, $ bn	102
Figure 67. Breakdown of Europe Smart Cities Market by Business Model, 2019-2030, % of Revenue	104
Figure 68. Europe Addressable Market Cap in 2020-2030 by Business Model, Value ($ bn) and Share (%)	104
Figure 69. Europe Smart Cities Market: Build Operate Manage (BOM), 2019-2030, $ bn	105
Figure 70. Europe Smart Cities Market: Build Own Operate (BOO), 2019-2030, $ bn	106
Figure 71. Europe Smart Cities Market: Build Operate Transfer (BOT), 2019-2030, $ bn	107
Figure 72. Europe Smart Cities Market: Open Business Model (OBM), 2019-2030, $ bn	108
Figure 73. Europe Smart Cities Market: Other Business Models, 2019-2030, $ bn	109
Figure 74. Breakdown of European Smart Cities Market by Country, 2019 and 2030, % of Revenue	111
Figure 75. Contribution to Europe 2020-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%)	112
Figure 76.  Smart Cities Market in Germany, 2019-2030, $ bn	113
Figure 77.  Smart Cities Market in UK, 2019-2030, $ bn	115
Figure 78.  Smart Cities Market in France, 2019-2030, $ bn	117
Figure 79.  Smart Cities Market in Spain, 2019-2030, $ bn	119
Figure 80.  Smart Cities Market in Italy, 2019-2030, $ bn	121
Figure 81.  Smart Cities Market in Russia, 2019-2030, $ bn	123
Figure 82.  Smart Cities Market in Rest of Europe, 2019-2030, $ bn	125
Figure 83. Growth Stage of Europe Smart Cities Industry over the Forecast Period	127

Key Players (this may not be a complete list and extra companies can be added upon request): 
ABB Ltd.	
Accenture Plc	
Alphabet Inc.	
AT&T	
Cisco Systems Inc.	
Ericsson	
Foxconn Electronics Inc.	
Fujitsu Ltd.	
General Electric Company	
Hitachi	
Honeywell	
Huawei Technologies	
IBM Corporation	
INTEL Corporation	
LG Electronics Inc.	
Microsoft Corp.	
Oracle Corp.	
Qualcomm Technologies Inc.	
Schneider Electric SE	
Siemens AG	
Toshiba Corporation