Global Smart City Market size to grow from USD 308.0 billion in 2018 to USD 717.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of +21% during the forecast period.
A smart city is a well-connected city that deploys various information and communication technologies to share information among public and improve the quality of government services as well as citizen welfare. This smart city market technology has been widely adopted in recent years to improve public safety which can range from monitoring areas of high crime rates to improving emergency preparedness with sensors and many more.
The Global Smart City Market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market. Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Smart City Market before evaluating its feasibility.
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Top Key Players Covered in Smart City Market:
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
A geographical region of Smart City Market has also been scrutinized by offering deep dive into research techniques such as primary and secondary research. It covers major geographies across the world such as North America, Latin America, Middle East, Asia-Pacific, Africa, and Europe. Informative data of target market have been gathered through a systematic approach and have been presented in a clear and professional manner. It presents the far-reaching outline of the global Smart City market based on different parameters like market trends, market shares, size and various specifications of the market. It comprises an enormous database featuring various market segments and sub-segments. Furthermore, researchers throw light on current disclosures, historical records as well as future estimates of the global market.
Following key questions answered through this research report:
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Smart city market segmentation based on applications
- What are the key players of the global Smart City market report?
- What will be the market size of the global market?
- What are the challenges and risks in front of the global market?
- What are the major key players in the global market?
- Who are the key vendors in the global Smart City market?
- Smart governance and education
- Smart energy
- Smart healthcare
- Smart security
A bird’s eye of the Smart City market report provides detailed elaboration with respect to market dynamics such as drivers, restraints, and opportunities. Industry analysis tools such as SWOT and Porter’s five techniques have been used for analyzing the global market. Moreover, development plans and policies are also presented in the report. For a stronger and effective outlook of the global market, this report has been elucidated with info-graphics. Additionally, it offers an investigation of global market pilots.
In This Study, The Years Considered To Estimate The Size Of Smart City Market Are As Follows:
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- History Year: 2015-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2027