Albany, NY -- (SBWIRE) -- 10/10/2012 -- Smart cities are gaining popularity as it is the most efficient way to overcome the major challenges of transportation, security, energy management, CO2 emission, among others. Smart technologies are driving this market as they are environment friendly, help in reducing CO2 emissions and overall energy costs, and are easy to operate.
The rapid urbanization of cities is posing serious infrastructural challenge for governments all over the world. As a larger number of people are shifting their base to urban settings, there is an increasing requirement for setting up new cities to live in. With the growing number of cities and the population shift from rural areas to the urban set up, management and governance will become complex. Hence, it is important to transform cities to address the social, engineering, environment, and economic challenges.
Read More: Smart Cities Market
- Smart Homes
- Smart Building
- Smart Energy Management
- Smart Industrial Automation
- Smart Citizen Services
- Smart Transport
- Smart Security
This research report analyzes the market based on its market segments and geographies. The regions covered under this research study are:
- North America
- Rest of the World
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This research report includes an analysis of important market drivers, factors affecting market growth, industry structure, industry capacity, and market projections for the coming years. It includes the study of current developments in the market, Porter’s five force analysis, and detailed profiles of the top industry players. The report provides a review of the micro and macro factors significant with respect to the existing market players and new entrants.
Some of the key players dominating this market are Abb, Accenture Plc, Affiliated Computer Services Inc., Alstom Sa, Arup, Alcatel-Lucent, Cisco Systems Inc., Cubic, Dassault Systems, Ericsson, France Telecom (Orange), General Electric, Hitachi, Honeywell, IBM, Intel, Johnson Controls Inc., Lockheed Martin, Oracle, Siemens, Singapore Technologies, and others.
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