ReportsWeb Smart City Market Trends and Growth 2020
Title: Global Smart City Market 2016-2020
A smart city uses ICT, including mobile networks, to improve the quality of livelihood in a sustainable
way. A smart city combines and shares disparate comprehensive data sets captured by intelligently-
connected infrastructure, people, and vehicles, to generate new insights. It also provides ubiquitous
services that enable citizens to access information about city administrative services, improve the
efficiency of city operations, enhance security levels, fuel economic activity, and even increase resilience
to natural disasters.
Publisher's analysts forecast the global smart city market to grow at a CAGR of 19.65% during the
period 2016-2020.
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Key vendors
-ABB
-Cisco
-Ericsson
-GE
-Google
-Huawei Technologies
Other prominent vendors
-Accenture
-Aeris Communications
-Alcatel-Lucent
-Digi International
-HCL
-Hitachi
-Honeywell International
Market driver
-Enhanced global broadband connectivity
-For a full, detailed list, view our report
Market challenge
-High cost of upgrading smart grids
-For a full, detailed list, view our report
Market trend
-Presence of strategic alliances in smart city market
-For a full, detailed list, view our report
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Fundamentals of Table of Content:
PART 01: Executive summary
-Highlights