Smart City ICT Infrastructure Market to Grow by $ 55.89 bn through 2022-2026
Key Drivers and Market Trends
Growing investments in smart cities and are among the key factors likely to drive market growth. The Global Smart city ict infrastructure market is expected to grow by $ 55.89 bn, decelerating at a CAGR of 15.40% till 2025. This research report analyses all the growth drivers that are likely to boost market growth along with market trends. The report also assesses the market segments and regional segments to provide a comprehensive analysis of the market in focus. The purpose of this research report is to create a 360-degree view of the market for our clients. The key takeaways from this report will equip our client with clear insights to strategize future growth plans.
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Smart City ICT Infrastructure Market: Segments and Geographical Regions
- This report segments the market Component (Smart utilities, Smart transport, Smart home and building, and Others) and Geography (Europe, North America, APAC, MEA, and South America).
- 39% of the market growth will originate from Europe during the forecast period.
- This research report will provide insights into the current market share of each segment along with growth projections for the next five years. Request our Free Sample Report
Smart City ICT Infrastructure Market: Vendor Analysis
- The market is fragmented due to the presence of several players.
- The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
- AT and T Inc., Cisco Systems Inc., Hitachi Ltd., Honeywell International Inc., Huawei Investment and Holding Co. Ltd., International Business Machines Corp., Nippon Telegraph and Telephone Corp., Oracle Corp., Siemens AG, and Verizon Communications Inc. are some of the major market participants.
Market Segmentation by Component
- Smart City ICT Infrastructure Market Split by Component
- Smart utilities
- Smart transport
- Smart home and building
- Others
- Smart City ICT Infrastructure Market Split by Geography
- Europe
- North America
- APAC
- MEA
- South America
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- AT and T Inc.
- Cisco Systems Inc.
- Hitachi Ltd.
- Honeywell International Inc.
- Huawei Investment and Holding Co. Ltd.
- International Business Machines Corp.
- Nippon Telegraph and Telephone Corp.
- Oracle Corp.
- Siemens AG
- Verizon Communications Inc.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market will decelerate at a CAGR of 15.40%.
- What is the incremental growth of the market?
The market is expected to grow by $ 55.89 bn through 2022-2026.
- What is a key factor driving this market?
Growing investments in smart cities will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
Europe, North America, APAC, MEA, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
39% growth will originate from Europe
- Who are the leading market vendors?
The leading vendors in this market are AT and T Inc., Cisco Systems Inc., Hitachi Ltd., Honeywell International Inc., Huawei Investment and Holding Co. Ltd., International Business Machines Corp., Nippon Telegraph and Telephone Corp., Oracle Corp., Siemens AG, and Verizon Communications Inc.
- What are the market segments covered in this report?
The market is segmented by Component (Smart utilities, Smart transport, Smart home and building, and Others) and Geography (Europe, North America, APAC, MEA, and South America)
