Albany, NY -- (SBWIRE) -- 09/27/2017 -- The global smart city ICT infrastructure market to grow at a CAGR of 17.44% during the period 2017-2021.

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.

Covered in this report

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.

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The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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.

Key vendors
Cisco Systems
IBM
Oracle
Huawei
AT&T
China Mobile
NTT Communications
Verizon Communications
Vodafone
ABB
Hitachi
Honeywell International
Siemens

Other prominent vendors
Accenture
Nokia
Deutsche Telekom
Ericsson
HP
Microsoft
Schneider Electric
Telefnica
Toshiba

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Market driver
Growing need for smart cities
For a full, detailed list, view our report

Market challenge
Need for energy conservation
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Market trend
Partnership among countries to develop smart cities
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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?