Smart Cities Market is Expected to Grow at a CAGR of 19.08% During the Forecast Period 2017 – 2025
The global Smart Cities Market accounted for US$ 773.19 BN in 2016 and is expected to grow at a CAGR of 19.08% during the forecast period 2017 – 2025, to account for US$ 3651.49 BN in 2025.
The report focuses on an in-depth segmentation of Smart Cities Market based by industry verticals. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By industry vertical smart infrastructure sector accounted for the largest share of the Smart city market in 2015; whereas, APAC region is expected to grow at the highest CAGR during the forecast period.
Worldwide Smart Cities Market Analysis to 2025 is a specialized and in-depth study of the Smart Cities industry with a focus on the global market trend. The report aims to provide an overview of global Smart Cities market with detailed market segmentation by product & services /application and geography. The global Smart Cities market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Smart Cities players and offers key trends and opportunities in the market.
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Leading Smart Cities Market Players:
- ABB Ltd.
- Accenture
- Cisco
- Ericsson
- Schneider Electric
- GE
- Microsoft
- IBM Corporation
- Oracle
- Siemens
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
An exclusive Smart Cities market research report created through broad primary research (inputs from industry experts, companies and stakeholders) and secondary research, the report aims to present the analysis of Global Smart Cities Market By Type, By Application, By Region – North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Smart Cities market. Additionally, the report also highlights market entry strategies for various companies across the globe.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Smart Cities market based on product and application. It also provides market size and forecast till 2025 for overall Smart Cities market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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Also, key Smart Cities market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Key Benefits of Buying this Research Study:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Smart Cities Market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Smart Cities Market, thereby allowing players across the value chain to develop effective long term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.
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