This market report provides a concise assessment the global market opportunity for Internet of Things (IoT) platforms used to enable smart city operations. Throughout the report we use the term “smart city platforms” rather than “IoT platforms for smart cities”. IHS Markit defines IoT platforms in general as software and supporting services that help customers to build IoT applications and manage IoT connections, devices, and data. IoT platforms abstract common complexities away from the customer and enable the customer to focus on their unique value proposition.