Smart Cities Market is estimated to reach US$ 3651.49 Bn by 2025 Smart City Market to 2025 | Page 3
Smart City Market to 2025
The report aims to provide an overview of global smart cities market with detailed market segmentation. Also, it
analyzes the current smart cities market scenario and forecasts the market till 2025. The report covers market
dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive
scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also
includes the detailed company profiles of the key players in the market along with their market strategies. The
report also provide PEST analysis for all regions, and SWOT analysis for all company profiled in the report.
North America is one of the prominent regions in smart cities market which will contribute highest revenue globally
due to technological developments and considerable implementation of smart cities concept in different industry
vertical segment. Rapidly growing economies in Asia-Pacific (APAC) with significant growth in IT sector will pave the
path for increasing adoption and propel the market for smart cities. The region is expected to lead the market with
highest CAGR during the forecast period. Some of the key players of smart cities market include ABB, Accenture,
Cisco, Ericsson, GE, IBM, Oracle, Microsoft, Schneider Electric and Siemens, among others.
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