Global Smart Cities Market by Country (United States, Canada, India, China, Japan, United Kingdom)
The use of technology has becomes part of our day to day life. Besides individuals and corporates governments are now adapting various services by introduction automation and smart technology. Major segments like transport, traffic management energy management, water management, waste management, proper healthcare …the possibilities are infinite.
Smart cities are coming of age due to various factors. Some of the key growing drivers for smart cities are the increasing rate of urbanization, initiative from the governments in developing countries and ageing infrastructure in developed countries which needs to be replaced by newer upgraded technology.
Smart buildings and infrastructure forms the more than 30% of the smart city market. The assets associated with the infrastructure actually degrade with increase in population, migration, exponential growth of urbanization and they need regular upgradations which the latest technology is introduced. The market for global intelligent building automation technologies is likely to increase as better tools and technologies are launched and awareness increases. North America leads the intelligent building automation technologies market followed by the EMEA region. The market is likely to register a fast growth as Governments across countries are offering tax benefits to green initiatives.
This Research Report covers
1. Historical data
2. Revenue forecasts, growth rates and CAGR upto 2021
3. Industry Analysis
4. Competitive Analysis
5. Key geographic growth data
