Title: Analysis of the Global Smart City Market
1 Smart Cities Market A Journey 2016 to
2022
- Can Smart Cities Industry will turn by more than
two-folds in next 5 year?? - See how a 400 Billion Dollar Industry will shape
into 1Trillion Dollar Industry
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2 Key players who are aggressively
participating in this massive market
- Maven Systems Pvt. Ltd.
- SAP SE, General Electric Company
- ABB Ltd.
- Iron, Inc.
- Silver Springs Networks, Inc.
- AGT International
- Alston SA
- Alcatel-Lucent SA
- Kapsch Group Beteiligungs GmbH
- Honeywell International, Inc.
3 Important Segment that caters this Industry
- Smart Cities Market, by Application
- Transportation
- Utilities
- Buildings
- Smart Citizen Services
- Smart Cities Market, by Smart Service
- Smart Education
- Smart Healthcare
- Security and Threat Management
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4 Where Prescription Pharmaceuticals Marketis
expected to reach?
- The Global smart cities market is set to witness
an attractive Compound Annual Growth Rate (CAGR)
of 17.98 during the period 2016-2022.
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5Key Driving factors
- Following are the significant growth driver for
this market. - Impressive government initiatives around the
World - Strong demand for energy during peak hours
- The rise in energy consumption
- Technological advancements
- Hyper-urbanization
- Reduced operational costs
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6Major Challenges
-
- Low public awareness
- High initial investments
- High maintenance costs
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