India Smart City Market (Component: Hardware, Software, Services; Connectivity: Wired, Wireless) - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Feb 2023| TMR3638A| Transparency

Report Highlights

Smart City Market – Scope of Report

TMR’s report on the India smart city market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the India smart city market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the India smart city market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the smart city market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the India smart city market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the India smart city market. These serve as valuable tools for existing market players as well as for entities interested in participating in the India smart city market.

The report delves into the competitive landscape of the India smart city market. Key players operating in the India smart city market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the India smart city market profiled in this report.

Key Questions Answered in India Smart City Market Report

  • What is the sales/revenue generated by smart city across all regions during the forecast period?
  • What are the opportunities in the India smart city market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue Indialy in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the India market?

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2023-2031
Units considered $ Million
Segments covered By Component, By Solution, By Connectivity
Industry covered Electronics and Semiconductors
Countries covered India
Companies studied
  • ABB
  • EFKON India Pvt.
  • AT&T
  • Bharat Electronics Ltd (BEL)
  • Cisco Systems, Inc.
  • Huawei Technologies Co., Ltd.
  • Hitachi, Ltd.
  • Honeywell International Inc.
  • Intel Corporation
  • IBM
  • Larsen & Toubro Limited
  • Microsoft
  • Schneider Electric
  • Siemens
  • TCS
  • Thales

Smart City Market – Research Objectives and Research Approach

The comprehensive report on the India smart city market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the India smart city market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the India smart city market.

  • Table 1 : India Smart City Market Value (US$ Mn) Forecast, by Component, 2017‒2031
  • Table 2 : India Smart City Market Value (US$ Mn) Forecast, by Solution, 2017‒2031
  • Table 3 : India Smart City Market Value (US$ Mn) Forecast, by Connectivity, 2017‒2031
  • Figure 1 : Major Source of Funding
  • Figure 2 : India Smart City Market Size & Forecast, and Value (US$ Mn), 2017‒2031
  • Figure 3 : India Smart City Market Size & Forecast, Y-O-Y, and Value (US$ Mn), 2017‒2031
  • Figure 4 : India Smart City Market Projections by Component, and Value (US$ Mn), 2017‒2031
  • Figure 5 : India Smart City Market Share Analysis, by Component, 2023 and 2031
  • Figure 6 : India Smart City Market, Incremental Opportunity, by Component, 2023‒2031
  • Figure 7 : India Smart City Market Projections by Solution, and Value (US$ Mn), 2017‒2031
  • Figure 8 : India Smart City Market Share Analysis, by Solution, 2023 and 2031
  • Figure 9 : India Smart City Market, Incremental Opportunity, by Solution, 2023‒2031
  • Figure 10 : India Smart City Market Projections by Connectivity, and Value (US$ Mn), 2017‒2031
  • Figure 11 : India Smart City Market Share Analysis, by Connectivity, 2023 and 2031
  • Figure 12 : India Smart City Market, Incremental Opportunity, by Connectivity, 2023‒2031
  • Figure 13 : Company Share Analysis 2022

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