IoT In Smart City

IoT In Smart City Market Outlook

The global IoT in Smart City market is projected to reach approximately USD 1 trillion by 2035, with a robust compound annual growth rate (CAGR) of 24.8% during the forecast period from 2025 to 2035. This impressive growth can be attributed to the increasing urbanization and the rising demand for smart solutions to improve the quality of life in urban areas. A focus on enhancing infrastructure efficiency, reducing energy consumption, and improving public safety through interconnected devices is driving the adoption of IoT solutions in smart cities. Additionally, government initiatives aimed at implementing smart city projects and promoting sustainable urban development further fuel market expansion. The integration of advanced technologies such as artificial intelligence, big data analytics, and machine learning with IoT devices is expected to enhance the functionality and efficiency of smart city applications, contributing to market growth.

Growth Factor of the Market

The IoT in Smart City market is experiencing substantial growth due to several key factors that are transforming urban living. Firstly, the rapid pace of urbanization worldwide is creating a pressing need for innovative solutions that can manage resources efficiently and enhance the quality of life for residents. As more people move into cities, the pressure on existing infrastructure intensifies, prompting city planners and governments to adopt smart solutions that can address these challenges. Secondly, the surge in the adoption of IoT technologies across various sectors is facilitating the development of interconnected devices that can communicate seamlessly, enabling real-time data sharing and analysis for better decision-making. Furthermore, advancements in connectivity technologies, such as 5G and LoRaWAN, are providing the high-speed, reliable connectivity necessary for the successful implementation of smart city initiatives. Another significant growth factor is the increasing awareness of sustainability and the need for energy-efficient solutions, motivating cities to invest in smart utilities and transportation systems. Lastly, the ongoing investment from both public and private sectors in smart city projects is further driving the market, as stakeholders recognize the long-term benefits of embracing IoT technologies.

Key Highlights of the Market

• The market is projected to reach USD 1 trillion by 2035 with a CAGR of 24.8% from 2025 to 2035.
• Government initiatives and funding are significantly supporting the implementation of smart city projects globally.
• Rapid urbanization is leading to increased demand for effective resource management and enhanced infrastructure.
• Advancements in connectivity technologies are key enablers for IoT solutions in smart cities.
• The integration of AI and machine learning with IoT devices is enhancing operational efficiencies and decision-making processes.

By Application

Smart Building:

Smart Building applications in the IoT in Smart City market are gaining traction as they offer solutions that optimize energy consumption, enhance occupant comfort, and improve safety. These applications leverage IoT technologies to integrate various building systems, such as lighting, HVAC, and security, allowing for real-time monitoring and management. Smart buildings are equipped with sensors and connectivity devices that gather data on energy usage, occupancy patterns, and environmental conditions. This data is then analyzed to ensure efficient energy management, leading to reduced operational costs and environmental impact. The growing emphasis on sustainability and energy efficiency has led to a surge in the adoption of smart building technologies, making them a pivotal component of smart city infrastructures.

Smart Transportation:

Smart Transportation is another critical application within the IoT in Smart City market, focusing on enhancing mobility and improving transportation efficiency. IoT technologies enable real-time tracking of vehicles, public transportation systems, and traffic conditions, allowing for optimized route planning and reduced congestion. Smart transportation solutions include connected vehicles, intelligent traffic management systems, and public transit monitoring applications. These solutions not only enhance the commuter experience through timely information but also contribute to reduced carbon emissions by promoting efficient transportation options. The growing population and urban congestion are driving the demand for smart transportation solutions, positioning them as essential elements of modern urban planning.

Smart Utilities:

Smart Utilities applications leverage IoT technologies to improve the efficiency and reliability of essential services such as water, electricity, and gas supply. By employing smart meters, sensors, and data analytics, utility providers can monitor consumption patterns, detect leaks, and manage resources more effectively. This leads to enhanced service delivery, reduced operational costs, and improved customer satisfaction. Additionally, smart utilities contribute to sustainability efforts by promoting energy conservation and reducing waste. The increasing demand for reliable utility services in urban areas, coupled with the necessity to modernize aging infrastructure, is driving the growth of smart utilities applications in the IoT in Smart City market.

Smart Public Safety:

Smart Public Safety applications utilize IoT technologies to enhance the safety and security of urban environments. This includes the deployment of smart surveillance systems, emergency response solutions, and public safety monitoring applications. By integrating various sensors and cameras with real-time data analysis, cities can respond more effectively to emergencies, monitor public spaces, and enhance community safety. The implementation of smart public safety solutions is crucial for building trust between citizens and law enforcement agencies, as it fosters transparency and accountability. The increasing focus on public safety in urban areas is driving the adoption of these solutions, making them vital for the overall success of smart city initiatives.

Smart Healthcare:

Smart Healthcare applications play a significant role in improving healthcare delivery and patient outcomes in urban areas. Utilizing IoT technologies, healthcare providers can monitor patients remotely, manage chronic conditions, and enhance the efficiency of healthcare services. Smart healthcare solutions include wearable devices, telehealth platforms, and smart hospital systems that facilitate data sharing and real-time monitoring of patient health. As urban populations continue to rise, the demand for efficient and accessible healthcare services becomes more pressing. The integration of smart healthcare solutions not only improves overall health outcomes but also contributes to reducing healthcare costs, making it an essential application in the IoT in Smart City market.

By Connectivity Technology

5G:

5G technology is a transformative connectivity option for the IoT in Smart City market, providing high-speed, low-latency communication necessary for real-time data transmission and processing. With the ability to support a massive number of connected devices simultaneously, 5G enables the seamless integration of various IoT applications, such as smart transportation and smart public safety systems. The widespread deployment of 5G networks enhances the performance of smart city solutions, allowing for more efficient operation and improved user experiences. As cities implement complex IoT ecosystems, 5G technology is poised to become a critical backbone for facilitating communication and data exchange within smart city infrastructures.

LoRaWAN:

LoRaWAN, or Long Range Wide Area Network, is a connectivity technology that is particularly suited for IoT applications in smart cities due to its long-range capabilities and low power consumption. This technology enables the deployment of numerous low-cost sensors throughout urban areas, facilitating the collection of data for applications such as smart utilities and environmental monitoring. LoRaWAN's ability to support a large number of devices over extended distances makes it ideal for rural and urban deployments alike. As cities look to implement comprehensive IoT solutions, LoRaWAN presents an efficient option for connecting devices and facilitating data-driven decisions in smart city initiatives.

NB-IoT:

Narrowband IoT (NB-IoT) is another connectivity technology that plays a significant role in the IoT in Smart City market, particularly for applications requiring low data rates over extended ranges. NB-IoT is designed for low-power wide-area networks, enabling devices to maintain long battery life while providing reliable connectivity. This technology is well-suited for various smart city applications, including smart metering, smart lighting, and environmental monitoring. The ability of NB-IoT to penetrate deep into buildings and remote areas makes it an advantageous choice for urban environments where connectivity can be a challenge. As smart city projects expand, NB-IoT is expected to gain traction as a reliable connectivity solution.

Zigbee:

Zigbee is a short-range wireless communication technology widely used in smart city applications, particularly for building automation and smart home solutions. This low-power technology allows devices to communicate with one another within a local area, making it ideal for applications such as smart lighting, HVAC systems, and security systems. Zigbee’s mesh networking capabilities enable devices to relay data over longer distances, improving connectivity in urban environments. As cities strive for energy efficiency and automation, Zigbee technology is increasingly adopted in smart building and public safety applications, highlighting its importance in the broader IoT in Smart City ecosystem.

Wi-Fi:

Wi-Fi technology remains a fundamental connectivity option in the IoT in Smart City market, enabling high-speed internet access for various applications. With the proliferation of smart devices and the need for reliable internet connectivity, Wi-Fi is essential for supporting smart building systems, public Wi-Fi hotspots, and connected transportation solutions. The evolving standards of Wi-Fi technology continue to enhance its capabilities, providing faster speeds and improved reliability. As cities modernize their infrastructure and enhance connectivity for residents and visitors, the integration of Wi-Fi technology into smart city initiatives is crucial for enabling seamless communication and data exchange.

By Component

Sensors:

Sensors are a vital component of IoT in Smart City solutions, as they facilitate data collection from the environment and infrastructure. These devices measure various parameters, including temperature, humidity, air quality, and traffic flow, providing invaluable data for decision-making processes. The deployment of sensors across urban areas enables cities to monitor conditions in real-time, leading to improved resource management and enhanced public safety. As the demand for smart city applications increases, the need for advanced sensor technology that offers greater accuracy and reliability also grows. The continuous advancements in sensor technology are expected to drive significant growth in this component of the market.

Actuators:

Actuators play a crucial role in the IoT in Smart City market by converting signals from sensors into physical actions. These devices control various systems, such as automated lighting, heating, and ventilation systems in smart buildings, as well as traffic management systems in urban areas. By enabling real-time responses to data collected from sensors, actuators help optimize the efficiency of smart city applications. The integration of actuators into connected systems enhances operational efficiency and contributes to improved energy management and sustainability. As cities evolve towards smarter systems, the demand for reliable actuators that can seamlessly interact with other IoT components continues to rise.

Connectivity Devices:

Connectivity devices are essential for establishing communication between various IoT components within smart city infrastructures. These devices include gateways, routers, and communication modules that facilitate data transfer across networks. By ensuring seamless connectivity among sensors, actuators, and data management systems, connectivity devices enable the effective functioning of smart city applications. With the growing complexity of urban IoT ecosystems, the demand for advanced connectivity devices that support various communication protocols is on the rise. As smart city projects expand, these devices are critical for maintaining reliable communication and enabling real-time data analysis.

Data Management Software:

Data Management Software is a pivotal component of the IoT in Smart City market, as it enables the collection, processing, and analysis of vast amounts of data generated by IoT devices. This software allows city planners and administrators to derive actionable insights from the data, aiding in decision-making processes related to resource allocation, public safety, and urban planning. By integrating data management software with machine learning and artificial intelligence capabilities, cities can enhance their ability to predict trends and optimize operations. The growing emphasis on data-driven decision-making in urban planning is driving the demand for advanced data management solutions within the smart city ecosystem.

Security Solutions:

Security Solutions are increasingly vital in the IoT in Smart City market, as the proliferation of connected devices raises concerns regarding data privacy and cybersecurity. These solutions encompass a range of technologies aimed at protecting smart city infrastructures from potential threats and vulnerabilities. From encryption and access control to real-time monitoring and threat detection, security solutions ensure that sensitive data remains secure and that city operations are resilient against cyber attacks. As smart cities continue to evolve and integrate more sophisticated technologies, the demand for robust security measures will become even more pronounced, making security solutions a critical component of the IoT ecosystem.

By Deployment Type

Cloud-based:

Cloud-based deployment is a prominent model in the IoT in Smart City market, offering flexibility, scalability, and cost-effectiveness for managing IoT applications. By leveraging cloud infrastructure, cities can store and analyze vast amounts of data generated by IoT devices, facilitating real-time decision-making and resource management. Cloud-based solutions enable smart cities to deploy applications rapidly and efficiently, eliminating the need for significant upfront investments in on-premises infrastructure. Additionally, the ability to access and manage data from anywhere enhances collaboration among stakeholders involved in smart city initiatives. As cities continue to embrace IoT technologies, the trend towards cloud-based deployment is expected to grow significantly.

On-premises:

On-premises deployment refers to the installation and management of IoT systems within a local infrastructure, often preferred by organizations with strict data privacy and security requirements. This deployment type provides organizations with complete control over their data and systems, ensuring compliance with various regulations. While on-premises solutions may require higher initial investments, they can be tailored to meet specific organizational needs and may provide enhanced performance for specific applications. As concerns about data security continue to rise, on-premises deployment remains a viable option for many smart city initiatives, particularly in sensitive areas such as public safety and healthcare.

By Region

The North American region is anticipated to dominate the IoT in Smart City market, driven by the early adoption of smart technologies and significant investment in urban infrastructure modernization. The region is projected to hold a market share of approximately 35% by 2035, with a CAGR of 22.5% during the forecast period. Key factors contributing to this growth include supportive government policies, increasing urban population, and a strong focus on sustainability initiatives. Major cities in the U.S. and Canada are implementing smart city projects that enhance urban living, optimize resource management, and improve public safety through IoT technologies, thereby reinforcing North America's leading position in the market.

Europe is also experiencing substantial growth in the IoT in Smart City market, with a projected market share of around 30% by 2035. The region's commitment to sustainability and environmental protection has led to the implementation of numerous smart city initiatives aimed at reducing carbon emissions and promoting renewable energy sources. European cities are increasingly investing in smart transportation, smart utilities, and public safety solutions, leveraging IoT technologies to achieve their sustainability goals. As urbanization progresses and the demand for efficient urban management rises, Europe is poised to continue its growth trajectory in the smart city sector.

Opportunities

The IoT in Smart City market presents numerous opportunities for growth and innovation as cities worldwide strive to enhance urban living experiences. One of the most significant opportunities lies in the integration of advanced technologies such as artificial intelligence (AI) and machine learning (ML) into smart city applications. By harnessing AI and ML, cities can analyze vast amounts of data generated by IoT devices to derive actionable insights, optimize resource allocation, and predict urban trends. This integration not only enhances the efficiency of smart city solutions but also empowers city planners and administrators to make informed decisions that can lead to improved quality of life for residents. Furthermore, the growing emphasis on sustainability and climate resilience is driving the demand for energy-efficient IoT solutions, creating ample opportunities for businesses to develop innovative products and services that contribute to sustainable urban development.

Another promising opportunity in the IoT in Smart City market is the potential for public-private partnerships (PPPs) to fund and implement smart city initiatives. Collaborations between government entities and private companies can accelerate the deployment of smart technologies, providing cities with access to the expertise and resources necessary for successful implementation. Such partnerships can also facilitate knowledge sharing and innovation, ultimately leading to the development of more effective smart city solutions. As cities seek to modernize their infrastructure and improve public services, the willingness of private companies to invest in smart city projects can pave the way for transformative changes in urban environments, offering significant growth prospects for stakeholders in the market.

Threats

Despite the promising outlook for the IoT in Smart City market, several threats could impede growth and successful implementation. One of the most pressing concerns is the issue of data privacy and security, as the increasing number of connected devices raises the risk of cyber attacks and data breaches. As smart city infrastructures rely on the integration of diverse IoT technologies, ensuring robust security measures becomes paramount to protect sensitive information and maintain public trust. Cybersecurity threats could potentially disrupt critical urban services, leading to significant financial losses and undermining the reputation of city administrations. Consequently, the need for comprehensive cybersecurity strategies and risk management frameworks is essential to address these threats and safeguard smart city initiatives.

Another significant threat to the IoT in Smart City market is the potential for regulatory challenges and compliance issues. As cities implement smart solutions, navigating the complex landscape of local, national, and international regulations can be daunting. Compliance with data protection laws, environmental regulations, and safety standards requires ongoing attention and resources, which may strain the budgets of municipalities and hinder the progress of smart city projects. Additionally, the lack of standardized protocols for IoT devices can lead to interoperability issues, complicating the integration of various smart city applications. To mitigate these threats, stakeholders must collaborate to establish industry standards and best practices that promote security, compliance, and seamless integration of smart city technologies.

Competitor Outlook

• IBM Corporation
• Cisco Systems, Inc.
• Siemens AG
• Schneider Electric SE
• Microsoft Corporation
• Honeywell International Inc.
• Oracle Corporation
• Verizon Communications Inc.
• Hitachi, Ltd.
• ABB Ltd.
• General Electric Company
• Philips Lighting Holding B.V.
• Samsung Electronics Co., Ltd.
• Intel Corporation
• Qualcomm Incorporated

The competitive landscape of the IoT in Smart City market is characterized by the presence of several key players that are actively engaged in developing innovative solutions and technologies. These companies are leveraging their expertise in IoT, data analytics, and advanced connectivity to deliver comprehensive smart city solutions that cater to the diverse needs of urban environments. Industry leaders such as IBM, Cisco, and Siemens are at the forefront of this competition, providing integrated platforms that encompass a wide range of smart city applications, including smart transportation, smart utilities, and public safety solutions. Their focus on research and development enables them to stay ahead of the curve by continuously enhancing their offerings and addressing the evolving challenges faced by cities.

Moreover, emerging players in the IoT in Smart City market are also making significant strides by introducing niche solutions and technologies tailored to specific urban challenges. Companies such as Qualcomm and Intel are investing in advanced connectivity technologies that enable seamless communication between devices, thereby enhancing the overall functionality of smart city applications. Additionally, partnerships and collaborations among these companies are fostering innovation and accelerating the development of smart city solutions. For instance, collaborations between technology providers and municipalities are driving pilot projects that showcase the benefits of IoT technologies in real-world scenarios, further underscoring the importance of cooperation in this competitive landscape.

As competition intensifies, companies are also focusing on expanding their market reach through strategic mergers and acquisitions. By acquiring smaller firms with specialized expertise or technology, larger corporations can enhance their product portfolios and gain access to new markets. This trend is evident in the IoT in Smart City sector, as established players seek to bolster their capabilities and maintain a competitive edge in a rapidly evolving market. Furthermore, the emphasis on sustainability and environmental responsibility is shaping the competitive dynamics, as organizations that prioritize eco-friendly solutions and practices are likely to resonate well with city administrations and residents alike, positioning them favorably in the market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 ABB Ltd.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Siemens AG
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Hitachi, Ltd.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 IBM Corporation
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Intel Corporation
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Oracle Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Cisco Systems, Inc.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Microsoft Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Qualcomm Incorporated
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Schneider Electric SE
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 General Electric Company
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Verizon Communications Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Honeywell International Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Philips Lighting Holding B.V.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Samsung Electronics Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 IoT In Smart City Market, By Component
    • 6.1.1 Sensors
    • 6.1.2 Actuators
    • 6.1.3 Connectivity Devices
    • 6.1.4 Data Management Software
    • 6.1.5 Security Solutions
  • 6.2 IoT In Smart City Market, By Application
    • 6.2.1 Smart Building
    • 6.2.2 Smart Transportation
    • 6.2.3 Smart Utilities
    • 6.2.4 Smart Public Safety
    • 6.2.5 Smart Healthcare
  • 6.3 IoT In Smart City Market, By Deployment Type
    • 6.3.1 Cloud-based
    • 6.3.2 On-premises
  • 6.4 IoT In Smart City Market, By Connectivity Technology
    • 6.4.1 5G
    • 6.4.2 LoRaWAN
    • 6.4.3 NB-IoT
    • 6.4.4 Zigbee
    • 6.4.5 Wi-Fi

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 IoT In Smart City Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global IoT In Smart City market is categorized based on

By Application

• Smart Building
• Smart Transportation
• Smart Utilities
• Smart Public Safety
• Smart Healthcare

By Connectivity Technology

• 5G
• LoRaWAN
• NB-IoT
• Zigbee
• Wi-Fi

By Component

• Sensors
• Actuators
• Connectivity Devices
• Data Management Software
• Security Solutions

By Deployment Type

• Cloud-based
• On-premises

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• IBM Corporation
• Cisco Systems, Inc.
• Siemens AG
• Schneider Electric SE
• Microsoft Corporation
• Honeywell International Inc.
• Oracle Corporation
• Verizon Communications Inc.
• Hitachi, Ltd.
• ABB Ltd.
• General Electric Company
• Philips Lighting Holding B.V.
• Samsung Electronics Co., Ltd.
• Intel Corporation
• Qualcomm Incorporated