What is Smart City ICT Infrastructure Market Scope?
A smart city is a city that undergoes development projects to integrate information and communication technology (ICT) and the internet of things (IoT) in a secure system to manage the assets of a city. These assets include schools, hospitals, power plants, libraries, waste management, law enforcement, water supply networks, and transportation systems. A smart city uses urban informatics and technology to improve the efficiency of services. ICT lets the people interact directly with the community & city infrastructure and also monitors the surroundings of the city and its evolution that in turn opens new opportunities.
The Smart City ICT Infrastructure market study is being classified by Type (Smart Grid, Smart Home and Building, Smart Water Network, Smart Healthcare, Smart Education, Smart Security and Smart Transport), by Application (Communications Industry, Transportation Industry, Express Industry, Government, Education and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Players from European and United States will contribute to the maximum growth of Global Smart City ICT Infrastructure market throughout the predicted period.
Microsoft Corporation (United States), HP (United States), ABB (Switzerland), AT&T Inc. (United States), Cisco Systems, Inc. (United States), Hitachi, Ltd. (Japan), Honeywell International Inc. (United States), Huawei Technologies Co., Ltd. (China), IBM (United States), NTT Communications (Japan), Oracle Corporation (United States), Siemens AG (Germany), Verizon Communications Inc. (United States), Vodafone Group plc (United Kingdom), Accenture plc (Ireland), Alcatel-Lucent (France), Ericsson (Sweden) and Schneider Electric (France) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Telefónica, S.A. (Spain) and Toshiba (Japan).
Analyst at AMA have segmented the market study of Global Smart City ICT Infrastructure market by Type, Application and Region.
On the basis of geography, the market of Smart City ICT Infrastructure has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Market Trend
- Increasing Adoption of IoT Technology for Infrastructure Management and City Monitoring
- Rapid Urbanization over the Past Two Decades has Led to the
- Mushrooming of Megacities around the World
- Exponentially Rising Urban Population Actuating Amart Management
- Innovation and Technology Development in the Smart City ICT Infrastructure
- Industrial and Commercial Deployments of Smart City ICT Infrastructure
- The Complicated and Costly Infrastructure of Smart City ICT Infrastructure
- Disruption in Logistics and Supply Chain of IoT Devices
Key Target AudienceSmart City ICT Infrastructure Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
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