Smart City Market with Forecast, Top Vendors, Industry Research and End User Analysis By 2025
28 Dec 2017Request a Sample Report at http://www.theinsightpartners.com/sample/TIPTE100000383
One of the driving factor fueling the growth of smart city market is increasing urbanization. Urban areas are transform into smart cities, while transformation, disruptive digital technologies is one of the major driver. Advancement in technology is driving the digital economy because digital technology is showing a remarkable growth in capacity and performance. In addition to this there are several other factors fueling the growth of smart city such as inadequate infrastructure, growing urbanization, growing stress & growing economic competition, growing expectation and rapidly improving technology capabilities. However, the factors hindering the growth of smart city is high initial investment. Growing demand for integrated security and safety system for improving public safety and increasing demand for system integrators is expected to boost the market over coming years.
Smart City Market Key Players
ABB Ltd.
Accenture
Cisco
Ericsson
Schneider Electric
GE
Microsoft
IBM Corporation
Oracle
Siemens
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