Turkey Smart Cities Market Size, Share, Price, Trend and Forecast To 2030
Market Overview:
Turkey Smart Cities Market Size Was Valued at USD 730 Million
in 2022, and is Projected to Reach USD 1440 Billion by 2030, Growing at a CAGR
of 10.18% From 2023-2030.
Turkey
is making significant strides in the development of smart cities, aiming to
revolutionize urban living through digital technologies and data-driven
solutions. One notable initiative focuses on enhancing transportation systems
by leveraging real-time data and advanced analytics to optimize traffic flow
and public transit routes, thereby easing congestion and improving commuting
experiences. Furthermore, Turkey is actively pursuing energy efficiency through
smart grid solutions and energy management technologies, aiming to promote
renewable energy sources and reduce carbon emissions. Additionally, the country
is implementing smart waste management systems equipped with sensors and data
analysis capabilities to enhance waste collection efficiency, promote
recycling, and minimize environmental impact. Alongside infrastructure
improvements, Turkey is committed to fostering citizen engagement, recognizing
it as a vital aspect of creating sustainable and livable smart cities for the
future.
Top Key Players Covered In The Smart Cities Market:
·
Turkcell
(Turkey)
·
Vodafone
(UK)
·
Türk
Telekom (Turkey)
·
Ericsson
(Sweden)
·
Siemens
(Germany)
·
Huawei
(China)
·
KoçSistem
(Turkey)
·
Yapı
Kredi Teknoloji (Turkey)
·
Innova
(Turkey)
·
Vestel
(Turkey)
·
Enerjisa
(Turkey)
·
STM
Savunma Teknolojileri Mühendislik ve Ticaret A.Ş. (Turkey)
·
Argela
(Turkey)
·
Bilgin
İletişim (Turkey)
·
Logo
Yazılım (Turkey)
·
Netas
(Turkey)
·
SAP
SE (Germany)
·
Fujitsu
(Japan)
·
HP
Enterprise (US)
·
Bosch
(Germany), and Other Major Players
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Market Dynamics and Factors:
The tourism sector holds immense importance in Turkey's
economy, contributing significantly to its growth and job creation.
Implementing smart city initiatives tailored to enhance the tourist experience
can substantially boost tourism revenue and economic prosperity. With the
influx of tourists, smart solutions become imperative to manage increased
demands on infrastructure efficiently. Smart traffic systems, optimized waste
management, and real-time monitoring of public services are pivotal in ensuring
seamless experiences for both tourists and residents. Moreover, investing in
robust digital infrastructure, including high-speed internet and mobile apps,
is crucial to meet the expectations of modern travelers who seek seamless
digital connectivity during their visits. By embracing smart city technologies,
Turkey can not only attract more tourists but also provide them with an
unforgettable and hassle-free experience, ultimately fostering sustainable
growth in the tourism sector.
In tandem with fostering tourism, investing in digital
infrastructure is paramount for Turkey's smart city aspirations. A robust
digital framework is essential for the successful implementation of various
smart city technologies, facilitating seamless data transfer and communication
between devices and systems. This infrastructure serves as the backbone for
Internet of Things (IoT) applications and data analytics, enabling the
collection, processing, and analysis of vast amounts of data crucial for urban
planning and decision-making. Furthermore, a well-developed digital
infrastructure enables the introduction of smart services such as
transportation, healthcare, and energy management, all of which rely on
high-speed internet and reliable communication networks to operate efficiently.
By prioritizing digital infrastructure development, Turkey can lay a solid
foundation for its smart city ambitions, unlocking numerous opportunities for
innovation and sustainable urban development.
The Smart Cities Market Report Highlight:
·
By Solution and Service, the Smart Mobility Management
segment is Anticipated to Dominate the Market Over the Forecast Period. The smart
mobility management segment is expected to play a leading role in driving the
growth of the smart cities market in Turkey during the forecast period. The
latest projects implemented in various cities in Turkey show the country's
growing attention to smart transportation solutions.
·
By End-User, the government and municipalities segment
dominate the smart cities market. This is primarily due to several factors. The
Turkish government has been actively promoting and investing in smart city
projects to improve urban infrastructure and services. Government bodies and
municipalities play a central role in initiating and implementing these projects,
making them the primary drivers of smart city development.
·
By Country, Istanbul
holds a dominant position in the Turkey smart city market due to several
compelling factors. As Turkey's largest city with a population exceeding 15
million, Istanbul serves as a major economic and cultural hub, attracting both
residents and tourists alike. Over recent years, Istanbul has made substantial investments in smart
city technologies, propelling it to the forefront of advanced smart cities
globally. Among its successful smart city projects is a sophisticated traffic
management system that employs sensors to monitor and optimize traffic flow in
real-time, an efficient water management system that employs sensors to monitor
water consumption and detect leaks, and a smart lighting system that adjusts
illumination based on natural light levels.
Key Industry Development:
In June 2023, ZTE Corporation, a global leading
provider of information and communication technology solutions, announced that
on June 14, Türk Telekom conducted the launch of the next-generation TV
platform Tivibu, based on its largest IPTV/OTT platform in Türkiye, in
cooperation with ZTE and Netaş.
In June 2023, Fujitsu announced the successful
completion of a year-long pilot project which began in January 2022 for its
proprietary “ConnectionChain” blockchain technology with the Asian Development
Bank, blockchain vendor ConsenSys Software Inc., R3, and SORAMITSU, LTD
demonstrating its effectiveness in streamlining and enhancing the safety of
cross-border transactions (1) of financial securities.
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The Smart Cities Market Segmentation:
By Solution and Service
·
Smart
Mobility Management
·
Smart
Public Safety
·
Smart
Healthcare
·
Smart
Building
·
Smart
Utilities
·
Others
By Component
·
Hardware
·
Software
·
Service
By Level
·
Emerging
Smart Cities
·
Developing
Smart Cities
·
Mature
Smart Cities
By End-User
·
Government
& Municipalities
·
Transportation
& Logistics
·
Energy
& Utilities
·
Healthcare
·
Education
·
Others
For this report, Pristine Intelligence has segmented the Smart
Cities Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units,
2023-2030)
o
The
U.S.
o
Canada
o
Mexico
o Russia
o Bulgaria
o The
Czech Republic
o Hungary
o Poland
o Romania
o Rest
of Eastern Europe
•
Western Europe
o Germany
o UK
o France
o Netherlands
o Italy
o Spain
o Rest
of Western Europe
· Asia Pacific
o
China
o
India
o
Japan
o
Singapore
o
Australia
o
New-Zealand
o
Rest
of APAC
· Middle East & Africa
o
Turkey
o
Saudi
Arabia
o
Qatar
o
UAE
o
Israel
o
South
Africa
· South America
o
Brazil
o
Argentina
o
Rest
of SA
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Scope of the Report:
The latest research on the Smart Cities market provides a
comprehensive overview of the market for the years 2023 to 2030. It gives a
comprehensive picture of the Turkey Smart Cities industry, considering all
significant industry trends, market dynamics, competitive landscape, and market
analysis tools such as Porter's five forces analysis, Industry Value chain
analysis, and PESTEL analysis of the Smart Cities market. Moreover, the report
includes significant chapters such as Patent Analysis, Regulatory Framework,
Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and
Investment Analysis which help to understand the market direction and movement
in the current and upcoming years. The report is designed to help readers find
information and make decisions that will help them grow their businesses. The
study is written with a specific goal in mind to give business insights and
consultancy to help customers make smart business decisions and achieve
long-term success in their particular market areas.
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