Paul Thomen

Tuesday, 6 May 2014

Smart Cities Market to Grow at a CAGR of 14.1% to 2019

The report “Smart Cities Market (Smart Home, Building Automation, Energy Management, Industrial Automation, Smart Healthcare, Smart Education, Smart Water, Smart Transportation, Smart Security), Services) – Worldwide Market Forecasts and Analysis (2014 – 2019)″ by MarketsandMarkets is now available at

The report defines and segments smart cities into various sub-segments of technologies, solutions, services and regions with in-depth analysis and forecasting of revenues. It also identifies drivers and restraints of this market with insights on trends, opportunities, and challenges in North America, Europe, Middle East and Africa, Asia Pacific (including Japan), and Latin America. The study reports that the global smart cities market is expected to grow from $654.57 billion in 2014 to $1,266.58 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 14.1% from 2014 to 2019.

The rapid growth in migrations of the global population towards the urban areas has strained the planned development of various metropolises throughout the globe. This has resulted into difficulties in the governance of the non-regulated expansion of urban areas. The growing ecological crisis has led to strict environmental compliances and regulations. These challenges could be addressed through the solution of “Smart Cities” with sustainable infrastructure for a smarter life. The smart cities market provides advanced solutions for smart homes, innovative industry, and smart transportation, and smart resource management, smart utility and smart security.

Know more about this report (Source):

Table of Contents

•    Introduction
•    Executive Summary
•    Market Overview
•    Ongoing Smart City Projects
•    Smart Cities Market, By Smart Homes
•    Smart Cities Market, By Building Automation
•    Smart Cities Market, By Energy Management
•    Smart Cities Market, By Industrial Automation
•    Smart City, By Citizen Service
•    Smart Cities Market, By Smart Transportation System
•    Smart Cities Market, By Security Systems
•    Competitive Landscape
•    Company Profiles

Also get a sample copy of this report:

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