Monday 23 January 2017

Global Smart City Market Will Grow At A CAGR Of 19.65% During The Period 2017-2020

A 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 :
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.

Segments based on geography:
Americas
APAC
EMEA

To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=834726

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.

Key vendors
ABB
Cisco
Ericsson
GE
Google
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

Key driver
Enhanced global broadband connectivity
For a full, detailed list, view our report

Key challenge
High cost of upgrading smart grids
For a full, detailed list, view our report

Key trend
Presence of strategic alliances in smart city market
For a full, detailed list, view our report

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