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Smart City Market 2017-2025 by Manufacturers, Types, Regions and Applications
The Insight Partners
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One of the driving factor fueling the growth of smart city market is increasing urbanization. Urban areas are transform into smart cities, while transformation, disruptive digital technologies is one of the major driver. Advancement in technology is driving the digital economy because digital technology is showing a remarkable growth in capacity and performance. In addition to this there are several other factors fueling the growth of smart city such as inadequate infrastructure, growing urbanization, growing stress & growing economic competition, growing expectation and rapidly improving technology capabilities. However, the factors hindering the growth of smart city is high initial investment. Growing demand for integrated security and safety system for improving public safety and increasing demand for system integrators is expected to boost the market over coming years.
Smart City Market Key Players
ABB Ltd.
Accenture
Cisco
Ericsson
Schneider Electric
GE
Microsoft
IBM Corporation
Oracle
Siemens
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About The Insight Partners
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
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