Global Smart City Market is Worth around USD 1 Trillion, Says BuddeComm in Its New Report Published at MarketPublishers.com24 Oct 2016 • by Natalie Aster
LONDON – The growing number of governments from pole to pole become interested in the transformation of existing cities into something advanced, such as smart cities. Adelaide and Ipswich are some of the leading Smart Cities when it comes to Australia. In the Netherlands, there are also some emerging Smart Cities: Eindhoven, Amsterdam, etc.
Funding represents one of major issues the governments face, but there are still a number of things that can be done within existing budgets of these cities.
Another issue that should be considered by the government is how one benefit of these Smart Cities can benefit other their aspects.
One more important aspect is the establishing of the community Buy-in for projects of such cities.
Players in the telecom sector are offered enormous opportunities in the Smart City marketplace. Large sums of many have been already spent on the development of the telecom infrastructure as well as technologies for the cities.
As of 2016, a value of the world’s smart city market is set to be approximately USD 1 trillion.
New research report “Global Smart Infrastructure - A Smart Approach to Smart Cities in 2016” worked out by BuddeComm offers a comprehensive guide to the global market for smart cities. The study starts with a thorough discussion of the transformation of smart cities. It focuses on performance of all segments of this lucrative marketplace by throwing light on their historical performance as well as a current state, estimating their sizing, opportunities and challenges, developments and trends, and more.
The report pays special attention to interesting projects in this field and touches upon the competitive landscape. For instance, it casts light on leading smart home players. Future outlook for this market space is included in the research study, as well.
- Insightful overview of this space;
- Coverage of major trends and developments;
- Information on selected projects;
- Insights into the competitive environment;
- Future outlook;
- And more.
Other Markets Explored by the Publisher Comprise:
- Telecoms, Mobile and Broadband in New Caledonia
- Global Telecoms Market for 2017
- Data Analytics, M2M, Cyber Crime and Data Centers in Australia
More new reports by BuddeComm are available at its page.