LONDON, Sept. 27, 2018 /PRNewswire/ -- About Smart City
Smart cities are cities built on smart technologies and intelligent solutions for improving the quality of livelihood in a sustainable way.
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Technavio's analysts forecast the global smart city market to grow at a CAGR of 22.21% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global smart city market for 2018-2022. To calculate the market size, the report considers the revenue generated from smart city in various application segments.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Smart City Market 2018-2022, 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
• Alphabet
• Cisco Systems
• IBM
• Microsoft
• Oracle
Market driver
• Reduced price of connected devices
• For a full, detailed list, view our report
Market challenge
• High cost of upgrading smart grids
• For a full, detailed list, view our report
Market trend
• Proliferation of smart city projects in developing economies
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Download the full report: https://www.reportbuyer.com/product/4213407
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Sarah Smith
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Email: [email protected]
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SOURCE ReportBuyer
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