Astute Analytica released the latest report on the Smart Cities Market study, which will provide all the most recent market trends, which has been announced. The study also contributes to a quick estimation of the market’s size, which is expected to expand significantly over the envisioned period of time. Furthermore, new technological developments and mechanical improvements are justified when demand for this service/item increases globally.
Global Smart Cities Market is projected to have a major leap forward in revenue from US$ 1,25,325.5 Mn in 2021 to US$ 6,70,424.1 Mn by 2030. The market is estimated to register a CAGR of 20.5% during the forecast period 2022-2030.
The Smart Cities Market research report will also provide a slice of the action for big partners who act as global-scale transformers. The major item contributions, key differentiators, income share, market size, market status, and techniques will all be taken into account in this subjective and quantitative analysis. The research will also discuss significant agreements, partnerships, and international organizations that are about to transform certain market segments on a global basis.
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The research thoroughly analyzes pricing, gross revenue (Mn), entry-level storage specs, and company profiles in a separate section with the top major players.
Leading Competitors
ABB Limited, Accenture Plc, Alphabet Inc., Cisco Systems Inc., Oracle Corporation, and other prominent players
The Smart Cities Market size section provides market revenue, taking into account both the market’s historical growth and future projections. The report also includes a variety of company profiles that are creating waves in their respective industries or have the potential to do so. Their profiles include the players’ market sizes, significant product launches, strategies, and other information.
The report details the overall market sales produced over time by a specific company. By factoring in product sales over a period and dividing them by the industry’s total sales over the same period, experts in the field determine to share.
The research examines the size of the global market now and its growth rates over five years. It also includes many kinds of segmentation, including geographic segmentation (North America, Europe, Asia-Pacific, etc.). Detailed market segment information aids in performance monitoring and crucial decision-making for expansion and profitability.
Segmentation Analysis
Smart Cities Market Segmentation
Following are the different segments of the Global Smart Cities Market: –
By Technology Segment of the Global Smart Cities Market is sub-segmented into:
- Artificial Intelligence (AI)
- Deep Machine Learning
- Artificial Neural Network
- Voice Recognition
- Pattern Recognition
- Natural Language Processing
- Others
- Big Data Analytics
- Cellular Technology
- 5G Technology
- Others
- Cloud Technology
- Edge Computing
- High-Performance Computing
- Internet of Things (IoT)
- Satellite Network
- Cellular Network
- Radio Frequency Identification
- Near Field Communication
- Wi-Fi
- Quantum Computing
- Others
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By Component Segment of the Global Smart Cities Market is sub-segmented into:
- Hardware
- Camera
- Sensors/Detectors
- Meters
- Vehicles
- Smart Robots
- Others
- Software
- Cloud (IoT) Platform
- Public
- Private
- Data Management & Analytics
- Cyber Security
- Remote Monitoring
- Cloud (IoT) Platform
- Services
- Consulting
- System Integration and Deployment
- Support and Maintenance
- Managed Services
By Application Segment of the Global Smart Cities Market is sub-segmented into:
- Smart Transportation
- Parking Management
- Ticketing & Travel Management
- Traffic Management
- Passenger Information Management System
- Freight Information System
- Other Smart Transportation Systems
- Smart Utilities
- Energy management
- Advanced Metering Infrastructure
- Smart Grid
- Water Management
- Distribution Management
- Other Smart Utilities
- Smart Governance
- E-Governance Solutions
- Smart Public Safety
- Law Enforcement
- City Planning
- Other Governance Services
- Smart Home & Building
- Building Automation System
- Energy Management Systems
- Parking Management System
- Emergency Management System
- Other Smart Building System
- Smart Citizen Service
- Smart Education
- Smart Healthcare
- Emergency Response System
- Video Surveillance System
- Assisted Living Solution
- Other Citizen Services
- Smart Mobility
- Electric Vehicle Charging
- Tunnel Management
- Tolling Management
- Other Mobility Solutions
- Other Applications
By Deployment Segment of the Global Smart Cities Market is sub-segmented into:
- Cloud
- On-premise
By region Segment of the Global Smart Cities Market is sub-segmented into:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Western Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East
- UAE
- Saudi Arabia
- Rest of MEA
- Africa
- Nairobi
- Nigeria
- South Africa
- Rest of Africa
- South America
- Argentina
- Brazil
- Rest of South America
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