Global Smart Cities Market to Grow at a CAGR of 16.6% by 2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Smart Cities Market 2015-2019” research report to their website http://www.MarketResearchReports.com

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Lewes, DE -- (SBWire) -- 02/27/2015 --A smart city is a combination of diverse technologies such as a smart home, smart grid, smart building, smart security, smart education, smart healthcare, and smart transportation. A smart city aims to reduce environmental impact and offers its citizens a quality lifestyle in terms of economic growth, well-being, and sustainability.

Analysts forecast the Global Smart Cities market to grow at a CAGR of 16.6 percent over the period 2014-2019.

Analyst said: "One of the major trends in the market is the growing public-private partnership. It helps in financing high budget projects and also improves market cash flow and investments. Public-private partnerships play a crucial role in addressing financial issues and also improve the infrastructure required for market development."

According to the report, rapid urbanization is one key factor driving the market growth. Increased population and industrialization have led to migration from rural to urban areas. Hence, to accommodate them and provide efficient services there is a need to upgrade to smart cities.

Covered in this Report
The Global Smart Cities market can be segmented into eight divisions: Smart Industry Automation, Smart Grid, Smart Security, Smart Education, Smart Home and Building, Smart Healthcare, Smart Transport, and Smart Water Network.

This report, the Global Smart Cities Market 2014-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Smart Cities market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Regions
- Americas
- APAC
- EMEA

Key Vendors
- ABB
- Alcatel-Lucent
- Cisco
- IBM
- Siemens AG

Other Prominent Vendors
- GE
- Hitachi
- Honeywell
- Intel
- Schneider Electric
- Toshiba

Market Driver
- Increased Urbanization
- For a full, detailed list, view our report

Market Challenge
- High Upfront Costs
- For a full, detailed list, view our report

Market Trend
- Increased Public-Private Partnership
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 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?

Spanning over 94 pages and 37 Exhibits "Global Smart Cities Market 2015-2019" report covering the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Components, Geographical Segmentation, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis. This report Covered These Companies - ABB, Alcatel-Lucent, Cisco, IBM, Siemens AG , GE, Hitachi, Honeywell, Intel, Schneider Electric, Toshiba

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-smart-cities-market-2015-2019

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http://www.marketresearchreports.com/technavio/global-smart-cities-market-2015-2019

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