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Global Smart Cities Market is Set to Grow at a CAGR of 21% Over the Forecast Period (2019 - 2027), Owing to Rising Emphasis on Sustainable Urban Development from Governments Across the World: Says Absolute Markets InsightsPUNE, March 19, 2019 /PRNewswire/ -- Governments around the world are striving to implement solutions in creation of sustainable cities. Various smart cities technologies and solutions are proving vital for improving the urban planning sustainability measures in cities. Sustainable development goals highlighted in the UN summit of 2015 enlisted sustainable cities and communities as a goal for the period (2015-2030). The recent Conference on Housing and Sustainable Urban Development hosted by the United Nations in Quito, Ecuador, emphasized on the planning of cities for the future and the importance of cities for a sustainable future. Rapid urbanization across the world is creating challenges in delivery of public services and is one of the major factors for the adoption of smart cities concept. The smart cities solutions are focusing in the direction of basic services provided to citizens which include energy, security, transportation, economy and education amongst others. For instance, companies such as AT&T Intellectual Property and CURRENT, POWERED BY GE have collaborated to provide solutions for smart cities using Internet of Things. The primary applications for the collaborative effort include traffic monitoring and security amongst others. Also, this helps in planning for roads that can lead to minimal instances of accidents thereby, ensuring citizen safety. In terms of revenue, the global smart cities market stood at US$ 88,303.0 Mn in 2018 and is anticipated to reach US$ 506,580.1 Mn by 2027, expanding at a CAGR of 21% during the forecast period. Request a Sample Copy of This Report@ https://www.absolutemarketsinsights.com/request_sample.php?id=205 "Governments are actively investing in technology with an aim to improve the quality of living for their citizens. The inclusion of smart city solutions across the world are allowing the creation of sustainable cities for the future. This in turn is also creating opportunities for various players active in the smart cities market, providing various hardware, software and solutions needed to support smart cities architecture". The detailed research study provides qualitative and quantitative analysis of the global smart cities market. The market has been analyzed from demand as well as supply side. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. Inquiry Before Buying This Report@ https://www.absolutemarketsinsights.com/enquiry_before_buying.php?id=205 Key Findings of the Report:
Smart Cities Market:
o Energy o Security o Transportation o Building and Infrastructure o Healthcare o Education o Governance o Utilities o Others (Smart Manufacturing, Smart Tourism, Etc.)
o Hardware o Software o Services o Consulting o Deployment and Integration o Others
o North America o U.S. o Canada o Mexico o Rest of North America
o Europe o France o The UK o Spain o Germany o Italy o Nordic Countries o Denmark o Finland o Iceland o Sweden o Norway o Benelux Union o Belgium o The Netherlands o Luxembourg o Rest of Europe
o Asia Pacific o China o Japan o India o New Zealand o Australia o South Korea o Southeast Asia o Indonesia o Thailand o Malaysia o Singapore o Rest of South Asia o Rest of Asia Pacific
o Middle East and Africa o Saudi Arabia o UAE o Egypt o Kuwait o South Africa o Rest of Middle East & Africa
o Latin America o Brazil o Argentina o Rest of Latin America About Us: Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios. Contact Us: Company: Absolute Markets Insights Email id: [email protected] Phone: +91-740-024-2424 Contact Name: Shreyas Tanna The Work Lab, Model Colony, Shivajinagar, Pune, MH, 411016 Website: https://www.absolutemarketsinsights.com/ Follow Us on Social Media: https://www.facebook.com/AbsoluteMarketsInsights/ https://twitter.com/AbsoluteMI https://www.linkedin.com/company/absolute-markets-insights/ https://plus.google.com/117657938830005040584 SOURCE Absolute Markets Insights |