DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Smart City Market to 2025 - Global Analysis and Forecast by Industry Verticals" report to their offering.
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 smart infrastructure technology has significantly changed over time, and various disciplines such as building automation for facility and emergency response management, building energy optimization, parking management, and in-building communication systems, are now being widely adopted.
Furthermore, Green building initiatives have taken up a center stage across many countries, especially across the Europe, North America, and APAC region. Focus on reduction in energy consumption and concerns over proliferation of environmental wastes are the major driving factors for development of smart cities. Transportation is another major growing focus area during the forecast period.
Some of the key players of smart cities market include ABB, Accenture, Cisco, Ericsson, GE, IBM, Oracle, Microsoft, Schneider Electric and Siemens, among others.
Key Topics Covered:
1 Tables & Figures
3 Key Takeaways
4 Smart City Market Landscape
5 Global Smart Cities Market - Key Industry Dynamics
6 Smart City Market to 2025 - Global
7 Global Smart Cities Market Analysis - By Industry Verticals
8 Global Smart City Market - Geographical Analysis
9 Industry Landscape
10 Competitive Landscape
11 Smart City Market, Key Company Profiles
- ABB Ltd.
- Schneider Electric
- IBM Corporation
For more information about this report visit http://www.researchandmarkets.com/research/fc9jmq/smart_city_market