Smart Cities – A Focal Point for Growth Drivers in Several Key ICT Sectors
Albany, NewYork (PRWEB) January 26, 2015 -- This report on global wireless carriers in smart cities and the associated opportunities explores several crucial aspects of this industry. The report provides statistical anecdotes with forecasts of the smart cities market. The smart cities report begins with an executive summary of the industry with the key drivers for smart cities, technologies supporting smart cities, related telecom infrastructure, and companies offering smart city solutions.
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Accelerating urbanization of cities is posing major infrastructural challenges to municipalities and governments worldwide. As more people move to urban sites, the demand for urban infrastructure will continue to rise. Analysis of the current trends demonstrates that in the coming two decades, global urban population will cross the 5 billion mark. With this rapid expansion, cities need to address the growing demand for complex services, governance, and management. In addition, the social, engineering, environment, and economic challenges associated with the transformation and expansion of cities need to be addressed.
The key companies in the smart cities market include ABB, Alcatel Lucent, Accenture, Cubic, CISCO Systems, Honeywell, Intel, IBM, and Siemens AG. The report provides a region-wise analysis of global smart city investment, planning, and projects. The next part of the report covers companies and solutions for smart homes. It also provides an evaluation of the smart home security market demand and components.
Furthermore, crucial data about smart cities market concerning M2M communication and its role in support of IoT has been elaborated in the report. This data is a must-have tool for the industry’s major players. This section offers data on M2M in several sectors, its ecosystem, applications, adoption and barrier, opportunities, and future outlook. The smart cities report then explores other technologies such as IoT, connected devices, big data and analytics, and other similar applications.
According to the smart cities research study, a majority of IoT applications will take place within metropolitan areas and ultimately be integrated into an overlying smart city ecosystem. The report further states that around 15% of all carrier revenue generated till 2019 will depend on smart cities.
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The report will benefit clients by delivering smart city and smart home forecasts, identifying the key market opportunities for established and emerging carriers in the industry, presenting the impact of smart cities and homes on the evolution of telecom services, and evaluate the key technologies, drivers, and investment areas in the smart cities and homes market.
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