Smart Cities Market 2021
Erudite analysis study of report titled Smart Cities Market has published by Absolute Markets Insights. The report provides statistical analysis thus providing crucial information on economic factors such as price, shares, revenue. The global Smart Cities Market is expected to grow at Tremendous CAGR during the forecast period of the 2027 year. Distinctive techniques such as primary and secondary research methods have been scrutinized in the report to discover, study and analyze the market information.
In terms of revenue, the global smart cities market stood at US$ 88,303.0 Mn in 2018 and is anticipated to reach US$ 506,580.1 Mn by 2027, expanding at a CAGR of 21% during the forecast period (2019 – 2027).
The global Smart Cities Market report has recently been added by Absolute Markets insights to its expansive repository. It offers a comprehensive analysis of different aspects of businesses. The study focuses on the adoption of new technologies and recent trends which help to improve the performance of the businesses. Moreover, the research also explores popular methodologies for augmenting sales of the industries. The Smart Cities Market is also studied in terms of different segments and sub-segments. The primary and secondary research techniques have been used for compiling the Smart Cities.
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Major Key Players:
The primary market participants in smart cities market include AT&T Intellectual Property, Cisco, CURRENT, POWERED BY GE, Hitachi Vantara Corporation, Huawei Technologies Co., Ltd., IBM Corporation, Intel Corporation, Itron Inc., Microsoft, NEC Technologies India Private Limited, Nokia, Oracle, Rolta India Limited., Schneider Electric, Siemens, Telefonaktiebolaget LM Ericsson, TOSHIBA CORPORATION, Verizon, Vodafone Limited, amongst several others.
Key Findings of the Report:
Companies such as Intel Corporation and CURRENT, POWERED BY GE amongst others are providing solutions for energy management focused towards smart cities. Coupled with energy management initiatives, governing authorities are encouraging people to adopt renewable energy sources. This encouragement allows the reduction of dependence on fossil fuels for energy generation in turn, reducing the negative impact on the environment. The implementation of these measures are considered to be imperative for the creation of sustainable cities for the future.
Several key players of the market have been profiled in this research report in order to provide a clear idea of successful strategies carried out by top-level companies. On the basis of geographical segmentation, the global Smart Cities Market has been fragmented across several regions such as North America, Latin America, Asia-Pacific, Africa, and Europe. The Smart Cities Market research report particularly highlights those leading players which are planning to expand the opportunities in the global Smart Cities Market. In order to present an effective business outlook, different case studies from several top-level industry experts, decision makers, policy makers, and business owners form an inclusive part of the market report.
Market Segmentation
By Application
Energy
Security
Transportation
Building and Infrastructure
Healthcare
Education
Governance
Utilities
Others (Smart Manufacturing, Smart Tourism, Etc.)
Smart Cities Market By Components
Hardware
Software
Services
Consulting
Deployment and Integration
Others
By Region
North America
U.S.
Canada
Mexico
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Nordic Countries
Denmark
Finland
Iceland
Sweden
Norway
Benelux Union
Belgium
The Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Southeast Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest of Asia Pacific
Middle East and Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of Middle East and Africa
Latin America
Brazil
Argentina
Rest of Latin America
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