iCrowd Newswire
24 Sep 2022, 03:50 GMT+10
The latest publication titled Smart Cities - Thematic Research by GlobalData Plc has estimated that the smart cities market will grow at a CAGR of 12% during 2019-2025. In this report, our analysts have primarily shed light on how the pandemic has made it crucial for cities to be resilient in the face of public health and environmental threats very clear. Cities will need to become smart with respect to both existing and new technologies, such as the Internet of Things (IoT) and artificial intelligence (AI).
Cities have started exhibiting creativity related to virtual and augmented reality. For instance, both New York and Paris have introduced a mobile app that helps tourists navigate public transport stations. Furthermore, cities are finding a variety of uses for blockchain. New York and Los Angeles are both developing blockchain-enabled microgrids to improve the energy resilience of local communities, driving the smart cities market growth.
View Smart Cities Market Outlook for More Initiatives being Taken by Governments
Top Smart Cities Market Players
The thematic research report by GlobalData has classified all the major market players based on their proprietorship into public and private companies. The top market participants are launching innovative products and top-notch solutions to beat the stiff competition and maintain their dominant positions in the market.
Top Public Smart Cities Market Players:
Top Private Smart Cities Market Players:
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Smart Cities Market Key Dynamics
View Sample for Detailed Insights on Smart City Market Trends Covered in the Report
Smarter Cities:
The report identifies some of the cities that have taken a leadership role in the drive to become smart. It also highlights some of the key elements of their strategies.
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Smart Cities Market Scope
This report provides an overview of the smart cities theme.
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Smart Cities Theme Related Reports:
Smart Cities Theme Video
To get a better overview of the thematic study on Smart Cities by GlobalData Plc, Have a look at this Video: https://www.youtube.com/watch?v=-E39jsthJGw
About GlobalData
GlobalData is a leading provider of data, analytics, and insights on the world's largest industries. As a leading information services company, thousands of clients rely on GlobalData for trusted, timely, and actionable intelligence. Our mission is to help our clientele ranging from professionals within corporations, financial institutions, professional services, and government agencies to decode the future and profit from faster, more informed decisions. Continuously enriching 50+ terabytes of unique data and leveraging the collective expertise of over 2,000 in-house industry analysts, data scientists, and journalists, as well as a global community of industry professionals, we aim to provide decision-makers with timely, actionable insights.
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Tags: Smart Cities Market Value, Smart cities market Growth, Smart Cities Market Size, Smart Cities industry
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