Uncategorized

Smart Cities Market in India to 2023 -Global Market Size, Development Status, Top Manufacturers, and Forecasts

Smart cities are gaining market traction as there is a compulsive search for land to accommodate more than 7 billion people on the planet. The continued growth in the population, ill-planned cities, overcrowding in developing cities, and lavish lifestyle are resulting in enormous wastage of the natural resources. The loss of natural resources will eventually result in high cost of living, a rise in the level of pollution, and an increase in the crime rates. Thus, the governments in many countries have come up with a concept of smart cities, which will be enabled by the intelligent information and communication technology.

Request For Free Sample @ https://www.kennethresearch.com/sample-request-10078006

Kenneth Research forecasts the smart cities market in India to grow at a CAGR of 18.5% during the forecast period. The market is segmented into city types and applications.

As stated in the report, India is one of the fastest and largest growing markets for smart cities due to the initiatives and the use of technology. The Tier 2 metro cities will have the highest growth rate due to the declaration of government initiatives and private investments from the software providers. Moreover, the Government of India has already planned and mentioned the first 20 smart cities.

The market is evolving mainly due to the increasing adoption of Internet and mobile phones and the growing demand for energy-efficient sources to safeguard the Earth’s limited resources. These situations have offered tremendous opportunities for the smart cities players across the world to invest hugely in the market and achieve their business goals.
The report covers the present scenario and the growth prospects of the smart cities market in India during the forecast period 2017-2023.

Moreover, to calculate the market size, the report considers the revenue generated from the sales of the following solutions:
Smart Governance
Smart Education
Smart Security
Smart Energy
Smart Infrastructure
Smart Mobility
Smart Healthcare
Smart Building

Buy This Premium Report Now @ https://www.kennethresearch.com/report-purchase-id-10078006

The market is analyzed by
o Applications – Smart Governance, Smart Education, Smart Security, Smart Energy, Smart Infrastructure, Smart Mobility, Smart Healthcare, Smart Building
o City Types – Tier 1, Tier 2, and others
• The report covers drivers, restraints, and opportunities (DRO) affecting the market growth during the forecast period (2017–2023)
• It contains an analysis of vendor profiles, which include financial health, business units, geographical revenue, business focus, SWOT, business strategy, and views
• In the vendor profile section, for the companies that are privately held, financial information and revenue of segments will be limited
• The report covers political, economic, social, and technological (PEST) factors affecting the market growth during the forecast period

Key Players:
Cisco Systems, Google Inc., General Electric, Panasonic, Honeywell International Inc., Microsoft Corp., IBM Corp., ABB Ltd., SAP SE, and Apple.

Request For Free Sample @ https://www.kennethresearch.com/sample-request-10078006

About Kenneth Research:

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Name:  David

Email : [email protected]

Phone: +1 313 462 0609

Related Trending Report

Epoxy Sealer Market
Artificial Sweetener Market
Electric Vehicle Traction Motor Market
Holographic Display Market
Cosmetic Colorant Market
Contact Lenses Market
Biosimilars Market
Quantum Cryptography Market

Related Articles

Close