TMCnet News

Smart Cities: Growing New IT Markets
[October 05, 2017]

Smart Cities: Growing New IT Markets


The global smart cities market for information and communications technologies reached $342.4 billion in 2016 and should reach $774.8 billion in 2021, with a compound annual growth rate (CAGR) of 17.7% from 2016 to 2021.

Report Includes -An overview of the new and growing information technology markets relating to smart cities.

-Analyses of global market trends, with data from 2015 and 2016, and projections of CAGRs through 2021.

-A focused and operational definition of the smart city construct as well as consistent evidence concerning the geography of smart cities.

-Information on major factors influencing smart cities, such as the presence of a creative class, the quality of and dedicated attention to the urban environment, the level of education, multimodal accessibility, the use of information communication technologies for public administration, and how these factors correlate into urban wealth.



-Analysis of important growth opportunities, including new transport management systems, smart grids, water monitoring systems, and energy-efficient buildings.

-Profiles of major players in the smart cities industry.


Study Goals and Objectives The goal of this report is to highlight information and communication technology investment driven by smart city applications. The market opportunity is expressed in terms of potential revenue for the addressable market for smart city technologies by geographic region, technology type and end-user segment. This report serves as an update to BCC Research’s first smart cities report (IFT115A) published in 2015.

For more information kindly visit : https://www.bharatbook.com/information-technology-market-research-reports-644413/smart-cities-growing-new-it.html

As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments.


[ Back To TMCnet.com's Homepage ]