Press release
Global Smart City Market to grow at a CAGR of 19.65% during 2016-2020
About Smart CityA smart city uses ICT, including mobile networks, to improve the quality of livelihood in a sustainable way. A smart city combines and shares disparate comprehensive data sets captured by intelligently-connected infrastructure, people, and vehicles, to generate new insights. It also provides ubiquitous services that enable citizens to access information about city administrative services, improve the efficiency of city operations, enhance security levels, fuel economic activity, and even increase resilience to natural disasters.
Technavios analysts forecast the global smart city market to grow at a CAGR of 19.65% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global smart city market for 2016-2020. To calculate the market size, the report considers the revenue obtained from components such as smart security, smart infrastructure, smart energy, smart governance, smart education, smart building, smart healthcare, and smart mobility.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Smart City Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Download Sample Copy of Report at http://www.marketresearchreports.biz/sample/sample/834726
Key vendors
ABB
Cisco
Ericsson
GE
Huawei Technologies
IBM
Microsoft
Oracle
Schneider Electric
Siemens
Other prominent vendors
Accenture
Aeris Communications
Alcatel-Lucent
Digi International
HCL
Hitachi
Honeywell International
HP
Jasper Technologies
KORE Wireless
LG
Mercedes-Benz
NEC
Novatel Wireless
NTT DATA
SAP
Sierra Wireless
Telefonica
Vodafone
Wipro
Market driver
Enhanced global broadband connectivity
For a full, detailed list, view our report
Market challenge
High cost of upgrading smart grids
For a full, detailed list, view our report
Market trend
Presence of strategic alliances in smart city market
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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