Smart City Services Market

Smart City Services Market

Smart City Services Market

Report
Format: PDF-Excel
Published year: 2017
Publisher: Navigant Research
Language: English
Pages: 59

Summary

The delivery of city services is being transformed by smart technologies that are providing city managers with new insights into operational performance and providing platforms for new forms of personalized and responsive services. Central to this transformation is the availability of real-time data from a growing range of intelligent devices and sensor networks that can monitor city operations.However, the transformation in city services requires new forms of partnerships between cities and their delivery partners, which are often responsible for implementing new service practices that exploit the benefits of smart technologies.Cities are increasingly looking for their service providers to deliver social and environmental benefits to their citizens in addition to significant cost reductions.These metrics, such as citizen satisfaction and quality of life, are far more difficult for cities and suppliers to measure than traditional quantitative metrics. However, there is a significant opportunity to provide new technology-based services that increase economic potential and improve sustainability and quality of life in cities.The opportunity to exploit major infrastructure investments through the use of digital technology also offers suppliers unique prospects for design and engineering innovation in the delivery of city services.According to Navigant Research, the global smart city services market is expected to grow from $93.5 billion in 2017 to $225.5 billion by 2026.This Navigant Research report examines the state of the global smart city services market, with a focus on three sectors: energy, mobility, and public services.The study examines the approaches cities are taking to partnerships with a variety of private sector companies and provides case studies of smart city services projects in each major world region.Global revenue forecasts, segmented by region and sector, extend through 2026.The report also examines the key market issues and business models used to fund smart city services projects, as well as the competitive landscape.
© 2026 VitalBooks. All rights reserved.