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Smart Cities Market Report: Technologies, Solutions, and Outlook for Applications and Services 2018 - 2023 - ResearchAndMarkets.com

November 8, 2018

DUBLIN--(BUSINESS WIRE)--Nov 8, 2018--The “Smart Cities Market: Technologies, Solutions, and Outlook for Applications and Services 2018 - 2023” report has been added to ResearchAndMarkets.com’s offering.

This report evaluates the smart cities market including leading vendors and strategies (such as a single vendor centric approach), infrastructure, solutions, applications and services. The report analyzes market factors driving solution adoption, technology readiness and fitness for use, and other considerations. The report assesses the aforementioned factors to derive penetration and revenue to forecast market value for the period of 2018 - 2023.

Smart cities represent a combination of solutions deployed in an urban environment to transform the administration and support of living and working environments. Accordingly, Information and Communications Technologies (ICT) are transforming at a rapid rate, driven by urbanization, industrialization of emerging economies, and the specific needs of various smart city initiatives.

Smart city development is emerging as a focal point for growth drivers in several key ICT areas including: Artificial Intelligence, Internet of Things, Connected Devices, Broadband Wireless, Cloud Computing, Big Data and Analytics.

Sustainable smart city technology deployments depend upon careful planning and execution as well as monitoring and adjustments as necessary. For example, feature/functionality must be blended to work efficiently across many different industry verticals as smart city address the needs of disparate market segments with multiple overlapping and sometimes mutually exclusive requirements.

This will stimulate the need for both cross-industry coordination as well as orchestration of many different capabilities across several important technologies.

The report also analyses the role of technology accelerating digital transformation including AI, edge processing, 5G deployment and usage, and advanced data analytics.

Select Report Findings:

AI, IoT, and 5G (AIoT5G) will be the most influential technologies for smart cities Smart transportation will be the top smart cities market application area through 2023 Significant transportation solution areas include Freight, Traffic, Parking, and Passenger Management Fastest growing professional services for global smart cities is infrastructure maintenance, reaching $2.1B by 2023

Key Topics Covered:

1.0 Executive Summary

2.0 Introduction

3.0 Technology and Market Analysis

4.0 Value Chain and Application Analysis

5.0 Company Analysis

6.0 Smart Cities Market Forecast 2018 - 2023

7.0 Conclusions and Recommendations

Companies Mentioned

ABB Group Accenture Alstom SA AT&T Cisco Systems Inc. Dassault Systemes Emerson Electric Co. Ericsson General Electric Company Google Hitachi Vantara Honeywell International Inc. HPE Huawei Technologies Ltd. IBM Corporation Intel Corporation Itron Inc. Kapsch Group KORE Wireless LG CNS Maven Systems Pvt. Ltd. Microsoft Corporation NEC Corporation Nokia Network NTT DATA Oracle Corporation Panasonic Qualcomm Incorporated SAP Schneider Electric SE Siemens AG Telefonica Toshiba Corporation Vodafone Wipro

For more information about this report visit https://www.researchandmarkets.com/research/6m9c4h/smart_cities?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181108005710/en/

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Related Topics:Software,Internet of Things and M2M

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY INTERNET MOBILE/WIRELESS URBAN PLANNING CONSTRUCTION & PROPERTY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/08/2018 12:06 PM/DISC: 11/08/2018 12:06 PM

http://www.businesswire.com/news/home/20181108005710/en

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