Press release
Global Smart Cities Market Forecasts, 2018-2025: by Application Area, Application, Types, Segment, Opportunity & Industry Demand
Global Smart Cities industry valued approximately USD 343 billion in 2016 is anticipated to grow with a healthy growth rate of more than 24.4% over the forecast period 2017-2025.Global Smart Cities industry valued approximately USD 343 billion in 2016 is anticipated to grow with a healthy growth rate of more than 24.4% over the forecast period 2017-2025.
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The increasing demands for integrated security, safety systems improving public safety and the rising demand for system integrators are the key drivers for this market. In this industry, recent technological advancements in smart cities can also be included as a key driver.
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
Application Area:
Transportation
Utilities
Buildings
Citizen Services
Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are:
Hewlett Packard Co., Ericsson, General Electronics, Delphi, IBM Co., CISCO Systems Inc., Schneider Electric SE, and Accenture Plc. These companies are notably investing in smart grid technologies. A major part of this is going into upgrading the outdated energy infrastructure with new and advanced infrastructure. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers.
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Some Point from Table of Content:
Chapter 1. Research Methodology
1.1. Research Process
1.1.1. Data Mining
1.1.2. Analysis
1.1.3. Market Estimation
1.1.4. Validation
1.1.5. Publishing
1.2. Research Assumption
Chapter 2. Global Smart Cities Market Definition & Scope
2.1. Objective of The Study
2.2. Market Definition
2.3. Scope of The Study
2.4. Years Considered for The Study
2.5. Currency Conversion Rates
2.6. Report Limitation
Chapter 3. Executive Summary
3.1. Key Trends
3.2. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion/Million)
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