Albany, NY -- (SBWIRE) -- 09/26/2017 -- A smart city is a city that has undergone development projects to integrate information and communication technology (ICT) and Internet of Things (IoT) in a secure system to manage the assets of cities such as libraries, schools, transportation systems, hospitals, power plants, water supply networks, waste management, and law enforcement. Smart city projects require the installation of millions of devices, machines, and sensors.
The global smart city ICT infrastructure market to grow at a CAGR of 17.44% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global smart city ICT infrastructure market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
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Technavio's report, Global Smart City ICT Infrastructure Market 2017-2021, 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 vendors operating in this market.
- Cisco Systems
- China Mobile
- NTT Communications
- Verizon Communications
- Honeywell International
Other prominent vendors
- Deutsche Telekom
- Schneider Electric
Key questions answered in this report
- What will the market size be in 2021 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?
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