Japan Smart Cities Market 2022 Industry Outlook, Present Scenario, Share, Size, Opportunities and Forecast to 2027 | Thales Group, Nokia Corporation, Telstra Corp Ltd.

Astute Analytica released a new market report on the Japan Smart Cities Market. The in-depth study of the industry includes inputs, information, and data from primary and secondary sources that have been evaluated and verified by specialists in the target market.

Along with significant data and other pertinent information, the study evaluates the competitive landscape and global market growth trend based on the business overview and helps businesses and investment organizations better grasp the market's growth characteristics.

The Japan Smart Cities Market size was US$ 44,851.2 million in 2021 and forecast to grow to US$ 93,718.9 million by 2027, registering a compound annual growth rate (CAGR) of 13.1% during the forecast period from 2022 to 2027.

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Regional Analysis

North America is forecast to emerge as the largest shareholder in the market in terms of revenue. The growth of the market is attributable to various factors, including early adoption of advanced technology, growing investments in the sector, and rising infrastructural development. Furthermore, the Asia-Pacific market for information technology will also grow steadily due to growing spending by government bodies. Additionally, increasing initiatives to improve infrastructure will also drive the market forward.

COVID-19 Impact

The COVID-19 outbreak forced many organizations to adapt to digital methods, which rapidly accelerated digital transformation. Work environments changed abruptly as remote work became the new normal among organizations. As a result, it is forecast to strengthen the potential scope of the information technology market in the coming years. This report by Astute Analytica covers all the factors depicting the impact of the pandemic.

Major Key Players in the Japan Smart Cities Market are:

Segmental Analysis:

The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the Japan Smart Cities Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market's overall size.

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Segmentation Overview

By Component

Communication Infrastructure (Telecom Network)
Hardware
Camera
Sensors/Detectors
Meters
Vehicles
Smart Robots
Others
Software
Cloud (IoT) Platform
Public
Private
Data Management & Analytics
Cyber Security
Remote Monitoring
Services
Consulting
System Integration and Deployment
Support and Maintenance
Managed Services
By Application

Administration (Smart Governance)
Buildings
Commercial (Enterprise)
Construction
Education
Energy
Environment
Health
Homes & Living
Logistics
Manufacturing
Mobility (Transportation)
Retail
Safety & Security
Utilities (Public services)
Street Lighting
Waste
Water
By City Topography

Developed Economies
New
Existing
Emerging Economies
New
Existing
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This release was published on openPR.