Press release
Smart City ICT Infrastructure Market 2018: Future Trends, Technology, Key Players:ABB, AT&T, Europe Mobile, Cisco, Hitachi, Honeywell, Huawei, IBM, NTT Communications, Oracle, Siemens, Verizon Communications And more…
Smart City ICT Infrastructure Market
Summary:
A smart city includes aspects such as sustainability, intelligent transport facility, security, energy management, and environmental protection. The rapid urbanization has led to the development of megacities for the betterment of people. Basically, urbanization means a shift of people from rural areas to urban areas.
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Smart city infrastructure is mainly being equipped the city with smart grid, smart healthcare, smart home and building, smart transport sectors, smart water network, smart education, and smart security. The market is driven by key factors such as increased need for smart cities; increase in urbanization has led to the rising living standards, as result, raised the demand for efficient ICT infrastructure and planning.
By Top Companies : ABB, AT&T, Europe Mobile, Cisco, Hitachi, Honeywell, Huawei, IBM, NTT Communications, Oracle, Siemens, Verizon Communications, Vodafone, Accenture, Alcatel-Lucent, Ericsson, HP, Microsoft, Schneider Electric, Telefonica, Toshiba And more….
The Smart city ICT infrastructure is booming, globally :
North America dominated the market in 2016, with revenues reaching approximately USD 160 billion. The region is holding a market share of around 40% owing to the high demand of big data analytics services and solutions, and as city officials seek measures to plan and develop the sustainability of city structure in a cost-effective manner.
On the other hand, Europe is expected to grow at a considerable rate with revenues expected to reach around USD 307 billion in the region over the forecast period. The Middle East and Africa are also anticipated to grow significantly due to an increase in investments from financial institutions such as the partnership between the European Investment Bank and the Belfius Bank.
By Type :
Smart Grid, Smart Home and Building, Smart Water Network, Smart Healthcare, Smart Education, Smart Security, Smart Transport , Other.
Application Segment Analysis:
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Communications Industry, Transportation Industry, Express Industry, Government, Education, Others.
Smart City trend in Asia Pacific will surge the smart city ICT infrastructure market :
In the Asia Pacific, the rising number of developing economies preferring to deploy smart city technologies will drive the market growth in this region during the forecast period. The region is expected to record a robust growth in its smart city ICT infrastructure market.
The market is highly competitive and characterized by the presence of multiple suppliers of the technology. The rise in demand for IT and telecom providers for services in smart cities will attract investors to make huge investments. Additionally, the market is also witnessing the new entrants under communication service providers.
Key Reasons to Purchase:
A) Current and future of Smart City ICT Infrastructure market outlook in the developed and emerging markets.
B) Analysis of various perspectives of the market with the help of Porter’s five forces analysis.
C) The segment that is expected to dominate the Smart City ICT Infrastructure market.
D) Regions that are expected to witness the fastest growth during the forecast period.
E) Identify the latest developments, Smart City ICT Infrastructure market shares, and strategies employed by the major market players.
Browse Detailed TOC, Tables, Figures, Charts and Companies: https://www.reportsmonitor.com/report/104900/Smart-City-ICT-Infrastructure-Market
All aspects of the Smart City ICT Infrastructure industry report are quantitatively as well as qualitatively assessed to study the global as well as regional market comparatively. The basic information such as the definition, prevalent chain and the government regulations pertaining to the Smart City ICT Infrastructure market are also discussed in the report.
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