Smart City Report Cover TrendFeedr

Smart City Report

: Analysis on the Market, Trends, and Technologies
12.9K
TOTAL COMPANIES
Widespread
Topic Size
Strong
ANNUAL GROWTH
Growing
trending indicator
49.6B
TOTAL FUNDING
Developing
Topic Maturity
Overhyped
TREND HYPE
266.0K
Monthly Search Volume
Published: May 9, 2024
Updated: May 9, 2024
Author: Maria Garcia

The Smart City sector is an ever-evolving landscape that leverages sensor-driven data collection, analytics, and powerful technologies to orchestrate a variety of services for enhanced urban living. With over 13,939 companies actively engaged, the domain is in its nascent stage, poised for significant growth and innovation. Trends like the Internet of Things (IoT), smart buildings, and mobility solutions are at the forefront, indicating a surge in interest and investment. Despite fluctuations in media coverage, the sector continues to attract funding, with public entities and undisclosed investors leading the charge. The total funding in the Smart City sector amounts to $46.24 billion, underscoring the economic impact of these initiatives. Companies are involved in a wide range of activities, from transportation and green energy to advanced meter infrastructure and smart applications, contributing to the sector’s dynamic ecosystem.

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Topic Dominance Index of Smart City

To gauge the influence of Smart City within the technological landscape, the Dominance Index analyzes trends from published articles, newly established companies, and global search activity

Dominance Index growth in the last 5 years: -10.07%
Growth per month: -0.18%

Key Activities and Applications

  • Intelligent Transportation Systems (ITS) for improved traffic management and safety.
  • Smart energy solutions focusing on renewable sources and efficient power distribution.
  • Development of smart buildings with integrated systems for automation and energy conservation.
  • Implementation of advanced metering infrastructure (AMI) for utility management.
  • Urban and environmental data collection and analysis for sustainable city planning.
  • IoT platforms for device management and data exchange within smart city frameworks.
  • Deployment of smart lighting systems with energy-saving and monitoring capabilities.

Technologies and Methodologies

  • Utilization of sensor technologies for data collection across smart city applications.
  • Application of cloud computing for scalable and flexible smart city data management.
  • Big data analytics for processing large volumes of urban data for actionable insights.
  • Blockchain for secure and transparent data handling within smart ecosystems.
  • Edge computing to process data closer to its source for quicker response times.
  • Development of mobile applications to enhance citizen engagement and access to services.

Smart City Funding

A total of 1.9K Smart City companies have received funding.
Overall, Smart City companies have raised $49.6B.
Companies within the Smart City domain have secured capital from 4.6K funding rounds.
The chart shows the funding trendline of Smart City companies over the last 5 years

Funding growth in the last 5 years: 209.17%
Growth per month: 1.96%

Smart City Companies

Get detailed analytics and profiles on 12.9K companies driving change in Smart City, enabling you to make informed strategic decisions.

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12.9K Smart City Companies

Discover Smart City Companies, their Funding, Manpower, Revenues, Stages, and much more

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Smart City Investors

TrendFeedr’s Investors tool provides an extensive overview of 1.7K Smart City investors and their activities. By analyzing funding rounds and market trends, this tool equips you with the knowledge to make strategic investment decisions in the Smart City sector.

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1.7K Smart City Investors

Discover Smart City Investors, Funding Rounds, Invested Amounts, and Funding Growth

View all Investors

Smart City News

Explore the evolution and current state of Smart City with TrendFeedr’s News feature. Access 20.1K Smart City articles that provide comprehensive insights into market trends and technological advancements.

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20.1K Smart City News Articles

Discover Latest Smart City Articles, News Magnitude, Publication Propagation, Yearly Growth, and Strongest Publications

View all Articles

Executive Summary

Smart City initiatives represent a transformative movement towards technologically advanced, sustainable, and efficient urban living. The integration of IoT, AI, and big data analytics is creating a robust ecosystem where innovation thrives, and investment flourishes. The Smart City sector is not only enhancing the economic landscape but also significantly improving the quality of life for urban residents. With substantial funding and a diverse range of applications, Smart City projects are setting the stage for future urban development, characterized by connectivity, sustainability, and inclusivity. As this sector continues to grow, it is crucial for businesses to stay attuned to the evolving technologies and trends to harness the full potential of smart urban innovation.

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