Global Smart Cities Market Resarch by Type, Size, Share, Growth, Applicatication and Forecast by 2024

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Construction and Development:

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The global smart cities market is expected to reach a mark of $3 billion by 2024, at a CAGR of above 21% during the forecast period. Significant growth in next-generation technologies including artificial intelligence (AI), personalized healthcare, sustainable energy generation, and robotics is driving the connectivity and urbanization of the smart cities future. Apart from this, increasing resident preference towards the adoption of advanced information and communication technologies (ICT) is escalating the future market growth.
https://www.blueweaveconsulting.com/global-smart-cities/
Smart Cities
With the rise of innovation and digitalization of industry applications, particularly in the residential sector, countries around the world are actively looking for solutions to balance economic, technological and social development. With the rise in population at a rapid scale, data is also becoming more readily available in this day and age, and governments are actively looking for sustainable and cost-effective technology-enabled solutions to utilize the abundance of data for the improvement of citizens’ lives without introducing into their personal privacy.
Growth in IoT is enabling the smart city projects around the globe. Globally, communities are turning to innovative information communication technologies (ICT) to re-imagine the way in which residents live, work and play, and the IoT is playing a growing role in driving safer and smarter cities from just a vision into reality. Since in an IoT solution, devices and sensors are connected to a network so that they can communicate with each other, or send data to a cloud-based platform where it is combined with data from other peripherals to be processed, with the value coming from the resulting analytics; rapid technological changes across these three elements are helping to further accelerate the global smart cities market to a new level .

TABLE OF CONTENTS:

1. Research Objective
2. Research Methodology
3. Executive Summary
4. Market Introduction
5. Market Size and Forecast by Component
6. Market Size and Forecast by Application
7. Market Size and Forecast by Geography

Location: GD-69, Sector G, East Kolkata Twp, Kolkata, West Bengal 700107, India

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