Worldwide Smart Cities Market expanding with CAGR of 23.17% by 2023; Microsoft, Toshiba, Oracle India Private Limited, Cisco Systems, IBM, Schneider Electric, Siemens and Huawei Investment

Crystal Market Research has Announce the addition report of the the global Smart Cities Market was worth USD 215.81 billion in 2014 and is expected to reach approximately USD 1408.17 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 23.17% during the forecast period. Various cities are quickly embracing advanced information and communication technologies (ICT), for example, Internet-of-Technology (IoT), big data analytics, and big data analytics. These have been major empowering agents of consistent network and digitization crosswise over organizations, establishing the framework of smart cities. Driven by a wide range of lucrative patterns, the smart cities market is anticipated to ascend at a great CAGR of 14.0% from 2014 to 2019 and the market valuation is foreseen to create at a significant rate in the upcoming years.

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Competitive Insights: The leading players in the market are Microsoft, Toshiba, Oracle India Private Limited, Cisco Systems, IBM, Schneider Electric, Siemens and Huawei Investment & Holding Co Ltd. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Smart Cities Industry Outlook and Trend Analysis: On the basis of application the market is segmented into smart homes, smart security, smart industrial automation, smart buildings, smart transportation, smart energy management, smart water management, smart education, and smart healthcare. Of these, the smart security segment is anticipated to develop at a considerable in the upcoming years. The rising demand for smart security technologies is bolstered by the increasing requirement for insure the privacy of citizen’s information from cyber-attacks and unauthorized use of these data by the third parties to meet their business goals. On the other hand, smart transportation was one of the leading segments in 2016 and is foreseen to develop at a significant rate over the forecast period. The rising requirement for enhancing fuel consumption, curbing travel displays, and enhancing traffic flow across inter-urban road networks has driven the growth of smart transportation technologies and services. The increasing issues to curb carbon footprint is anticipated to provide opportunities for alternative and advanced modes of transportation.

Market Classification:
Smart Cities Market, By Application, Estimates and Forecast, 2014-2023($Million)
Smart Buildings
Smart Homes
Smart Healthcare
Smart Energy Management
Smart Industrial Automation
Smart Security
Smart Water Management
Smart Education
Smart Transportation

Regional Outlook and Trend Analysis: North America has the biggest regional contribution to the search segment in the Smart Cities market; APEJ is anticipated to develop at a quicker rate and almost be equal to North America over the upcoming years. North America: (U.S., Canada & Mexico), Europe: (Germany, UK, France, Russia, Italy & Rest of Europe), Asia-Pacific: (China, Japan, South Korea, India, Southeast Asia & Rest of Asia-Pacific), South America: (Brazil, Argentina, Columbia, South Africa & Rest of South America) and Middle East and Africa: (Saudi Arabia, UAE, Egypt, Nigeria, South Africa & Rest of MEA)

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Table of Contents:
Part 1. Introduction

Part 2. Executive Summary

Part 3. Market Overview

Part 4. Smart Cities Market, By Application
4.1. Introduction
4.2. Smart Cities Market Assessment and Forecast, By Application, 2014-2023
4.3. Smart Buildings
4.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.4. Smart Homes
4.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.5. Smart Healthcare
4.5.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.6. Smart Energy Management
4.6.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.7. Smart Industrial Automation
4.7.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.8. Smart Security
4.8.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)

Part 5. Smart Cities Market, By Region
5.1. Introduction
5.2. Smart Cities Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.3. North America
5.3.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
5.3.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.3.3. U.S.
5.3.3.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.3.4. Canada
5.3.4.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.3.5. Mexico
5.3.5.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
5.4. Europe
…...

Part 8. Company Profiles
6.6. Honeywell International Inc.
6.6.1. Business Overview
6.6.2. Product Portfolio
6.6.3. Strategic Developments

6.7. Hitachi Ltd.
6.7.1. Business Overview
6.7.2. Product Portfolio
6.7.3. Strategic Developments

6.8. Dassault Systemes S.A.
6.8.1. Business Overview
6.8.2. Product Portfolio
6.8.3. Strategic Developments
…

North America is the leading regional market for smart cities and is foreseen to dominate throughout the forecast period. The development of the regional market is attributable to the increasing focus of governments in developed countries to curtail the emission of greenhouses gases. The governments in many countries of North America are encouraging the implementation of renewable power for fulfilling the burgeoning requirements of the people. The rising popularity of smart industrial automation in a wide range of manufacturing industries is foreseen to boost the market growth. Additionally, the growing prominence of cloud-based services and the introduction of reasonable sensors are the major factors driving the regional market.

Additionally, key Smart Cities market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 5 years, key development in past five years.

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