About Smart City
A smart city is a combination of diverse technologies such as a smart home, smart grid, smart building, smart security, smart education, smart healthcare, and smart transportation. A smart city aims to reduce environmental impact and offers its citizens a quality lifestyle in terms of economic growth, well-being, and sustainability.
TechNavio's analysts forecast the Global Smart Cities market to grow at a CAGR of 16.6 percent over the period 2014-2019.
Covered in this Report
The Global Smart Cities market can be segmented into eight divisions: Smart Industry Automation, Smart Grid, Smart Security, Smart Education, Smart Home and Building, Smart Healthcare, Smart Transport, and Smart Water Network.
TechNavio's report, the Global Smart Cities Market 2014-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Smart Cities market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Regions
• Americas
• APAC
• EMEA
Key Vendors
• ABB
• Alcatel-Lucent
• Cisco
• IBM
• Siemens AG
Other Prominent Vendors
• GE
• Hitachi
• Honeywell
• Intel
• Schneider Electric
• Toshiba
Market Driver
• Increased Urbanization
• For a full, detailed list, view our report
Market Challenge
• High Upfront Costs
• For a full, detailed list, view our report
Market Trend
• Increased Public-Private Partnership
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Global Smart Cities Market 2015-2019
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Research Methodology
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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The market is expected to grow at a CAGR of %.
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will register the highest growth rate of % among the other regions. Therefore, the market in is expected to garner significant business opportunities for the vendors during the forecast period.
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The market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.