The Global Smart Cities Market Will Post a CAGR of 16.6 Percent through 2019

Global Smart Cities Market 2015-2019 is a new market research publication announced by Reportstack. This report is expected to post a CAGR of 16.6 percent from 2014-2019.

About the Report

According to the report, rapid industrialization and urbanization of cities has led to various engineering, social, economic, management and environmental challenges. To overcome these challenges, transformation into smart cities has become a necessity.

“With growing populace in urban areas and increased migration from rural areas to cities there is a need for efficient infrastructure and planning to accommodate the upsurge in urban populations. Therefore, transformation of existing infrastructure is required, which is expected to propel the market during the forecast period,”.

Additionally, the report emphasizes growing public private partnerships that play a crucial role in addressing financial issues, and also improve the infrastructure required for market development.

Equipment manufacturers, service providers and internet service providers like ABB, GE, Toshiba, Accenture, Capgemini, Atos, SAP and Microsoft are actively participating, thereby establishing a strong foothold in the market by providing integrated solutions for smarter cities.

“Companies like IBM, Cisco Systems, Siemens, Hitachi and Schneider Electric that specialize in smart technologies are now collaborating with governments to facilitate better integration of all technologies,”.

To access full report with TOC, please visit Global Smart Cities Market 2015-2019 

Key Information Covered in the Report:

Market segmentation, size and forecast through 2019

Market Growth Drivers:

Rapid Urbanization
For a full detailed list, view our report.

Market Challenges:

High Upfront Costs
For a full detailed list, view our report.

Market Trends:

Growing Public-private Partnership
For a full detailed list, view our report.

Key Vendors:

ABB Ltd.
Alcatel-Lucent SA
Cisco Systems Inc.
IBM Corp.

Other Prominent Vendors:

GE
Hitachi
Honeywell
Intel

About Reportstack:

Reportstack is one of the leading distributors of market research reports in the world today. We host more than 200,000 research products from the world's top publication houses. These publications are distributed amongst 12 top industry verticals and 62 sub verticals, which are then further classified into 257 business categories and 5000 micro markets. The vast selection criterion provides granular data from the length and breadth of all these industries delivering Reportstack members with cutting edge research products to facilitate strategic business decisions.

Contact:

Debora White
Manager - Marketing
debora@reportstack.com
Ph: +1-888-789-6604
Reportstack Market Research