
Smart Cities Industry - Growth, Trends, Forecasts, and Company Analysis
Description
This report examines the Smart Cities Industry, including its leading companies. The report aims to give a general picture of the current environment as well as global and regional affairs that influence the development of the various segments of the industry, using available data.
A smart city, as defined by the International Telecommunications Union, leverages information and communications technologies (ICT) to enhance the quality of life, efficiency of urban operations, and competitiveness, while balancing economic, social, and environmental needs for present and future generations. The global smart city market is projected to reach USD 2.5 trillion by 2025, with a significant concentration of smart cities in North America and Europe. Key technologies driving this growth include blockchain, artificial intelligence, 5G, and edge computing, which enable real-time data analysis and responsive urban systems.
The development of smart cities relies heavily on the collection, analysis, and sharing of vast amounts of data from various sources, such as smartphones, RFID devices, and GPS systems. This underscores the critical role of technology in addressing urban challenges like traffic management, crime prevention, and public event coordination.
A smart city, as defined by the International Telecommunications Union, leverages information and communications technologies (ICT) to enhance the quality of life, efficiency of urban operations, and competitiveness, while balancing economic, social, and environmental needs for present and future generations. The global smart city market is projected to reach USD 2.5 trillion by 2025, with a significant concentration of smart cities in North America and Europe. Key technologies driving this growth include blockchain, artificial intelligence, 5G, and edge computing, which enable real-time data analysis and responsive urban systems.
The development of smart cities relies heavily on the collection, analysis, and sharing of vast amounts of data from various sources, such as smartphones, RFID devices, and GPS systems. This underscores the critical role of technology in addressing urban challenges like traffic management, crime prevention, and public event coordination.
Table of Contents
43 Pages
- 1. Executive Summary
- 2. Introduction
- 3. Market Scope
- 3.1 IT: A Key Enabler for Smart Cities
- 4. Market Trends
- 4.1 Big Data and Analytics
- 4.2 Cloud Computing
- 4.3 Artificial Intelligence (AI)
- 4.4 Blockchain
- 4.5 5G - True Catalyst to Smart Cities
- 5. Applications
- 5.1 Smart Energy
- 5.2 Smart Water
- 5.3 Smart Transportation
- 5.4 Smart Building
- 5.5 Smart Healthcare
- 6. Challenges
- 6.1 Privacy Concerns
- 6.2 Data Sabotage
- 6.3 Socially Inclusive
- 6.4 Funding
- 7. Leading Companies
- 8. Key References
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