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Smart Cities Market Share, Size and Forecast By 2025

The global smart cities market was valued at $517,629 million in 2017 and is projected to reach $2,402,123 million by 2025, registering a CAGR of 21.28% from 2018 to 2025.

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Smart Cities Market Share, Size and Forecast By 2025

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  1. GLOBAL OPPORTUNITY AND FORECAST 2018- 2025

  2. Smart Cities Market Analyst Review China is expected to grow at the highest CAGR during the forecast period due to significant growth in adoption of smart cities solutions on account of large number of smart cities pilot projects in the country. PramodBorasi Research Assosciate, ICT at Allied Market Research

  3. CURRENT AND FUTURE MARKET SCENARIO • The global smart cities market was valued at $517,629 million in 2017 and is projected to reach $2,402,123 million by 2025. • The global smart cities market growing at a CAGR of CAGR of 21.28% from 2018 to 2025. • The software segment dominated the overall digital signature market, in terms of revenue, and is projected to grow at a CAGR of 30.7% during the forecast period. • The cloud-based digital signature market dominated the global market in 2014, and is anticipated to grow at the highest CAGR from 2016 to 2022. Top Investment Pockets Smart cities use different information and communication technologies to fuel sustainable economic growth. They are focused to provide enhanced urban services to reduce overall resource costs and energy consumption. The factor that drives the global smart cities market includes continuous growth in urbanization resulting in increasing demand for smart technology for efficient day-to-day services for better resource management. In addition, proactive government solutions for smart cities deployment due to the wide adoption of Internet of Things (IoT) devices is expected to boost the growth of the global market.

  4. TOP IMPACTING FACTORS TO MARKET GROWTH • Government smart city initiatives. • Rise in need of better natural resource management. • Growth in need of public safety and security. Based on functional area, the smart infrastructure segment dominated the global smart cities market in 2017 due to demand of advanced security and safety devices among public organizations. Furthermore, the smart energy segment is expected to grow at the highest CAGR during the forecast period due to increase in demand for energy efficient solutions driving the adoption of smart energy meters to meet the unique challenges associated with the increasing demand of energy for continuously growing population.

  5. The global smart cities market is segmented based on functional area and region. Based on functional area, it is categorized into smart governance & smart education, smart energy, smart infrastructure, smart mobility, smart healthcare, smart building, and others. Smart Cities Market Segmentation • By Functional Area • Smart Governance & Smart • Smart Energy • Smart Infrastructure • Smart Mobility • Smart Healthcare • Smart Building • Others Request PDF Sample Copy@ https://www.alliedmarketresearch.com/request-sample/383

  6. The smart infrastructure segment dominated the global smart cities market in 2017 due to demand of advanced security and safety devices among public organizations. The smart energy segment is expected to grow at the highest CAGR during the forecast period due to increase in demand for energy efficient solutions By end user, the smart infrastructure segment dominated the global smart cities market during the forecast period.

  7. GEOGRAPHICAL OVERVIEW • Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. • In 2017, North America accounted for the highest revenue among the other regions. • By region, Asia-Pacific is anticipated to exhibit substantial growth during the forecast period.

  8. DOMINATING MARKET PLAYERS PROFILED IN THE STUDY • AT&T, Inc. • Cisco Systems Inc. • Ericsson • General Electric • Hitachi Ltd. • Huawei Technologies Co., Ltd. • IBM Corporation • Intel Corporation • Microsoft Corporation • Schneider Electric SE

  9. A Report Titled “Smart Cities Market - Opportunities And Forecast, 2018– 2025” has been recently published by Allied Market Research. It makes an In-depth Analysis of current trends, drivers, and restraining factors that affect Financial Ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from Stakeholder’s Perspective. To Know More About Smart Cities Market - Opportunities and Forecast 2018-2025 Access Full Summery Report: https://www.alliedmarketresearch.com/smart-cities-market Access Full Summery Report: https://www.alliedmarketresearch.com/purchase-enquiry/383 Follow Allied Market Research

  10. ABOUT ALLIED MARKET RESEARCH Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact: ShriramDighe 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com

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