Unprecedented urban development, growing populations, and climate changes globally are putting pressure on governments, local communities, and agencies to enhance the quality of public services. Cities worldwide are expanding and such expansion is generating demand for advanced infrastructure (such as better healthcare, transportation systems, and renewable energy solutions). Recurring instances of extreme climatic conditions and shrinking natural and non-renewable resources are raising conservation concerns. Therefore, cities and local communities need to design frameworks and policies that enable smart, sustainable, economic, and environmental development.
Technavio’s analysts forecast the global smart communities market to grow at a CAGR of 18.26% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global smart communities market for 2016-2020. To calculate the market size, the report considers the revenue generated from IT solutions for smart communities offered by vendors in the market.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Smart Communities Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendorsoperating in this market.
Key vendors - Cisco - IBM - Schneider Electric - Siemens - Toshiba
Other prominent vendors - ABB Group - Accenture - Ericsson - ESRI - Hitachi - HP - Huawei - Microsoft - NEC - NTT DATA - Oracle - SAP - Wipro
Market driver - Need for efficient ICT infrastructure - For a full, detailed list, view our report
Market challenge - Cyber security risks - For a full, detailed list, view our report
Market trend - Increased adoption of IoT - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Greenhouse Gas Emissions
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