Internet of Things in Smart Cities Market: A Look at the Industry's Current and Future State
The latest report, titled ‘Global Internet of Things in Smart Cities Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Internet of Things in Smart Cities market scenario. The research report provides the reader with an in-depth interpretation of the Internet of Things in Smart Cities market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Internet of Things in Smart Cities industry. The market intelligence report is a prototype of the 360° overview of the global Internet of Things in Smart Cities industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.
The global Internet of Things (IoT) in smart cities market size is expected to reach USD 874.03 Billion in 2032, and register a steady revenue CAGR of 19.0% during the forecast period, according to latest analysis by Emergen Research. Exponential rise in urban population resulting in need for smart management is a major factor driving IoT in smart cities market revenue growth. For instance, 3.42 billion individuals reside in rural areas of the world as of 2021, compared to 4.46 billion who live in urban areas. From 751 million in 1950 to 4.46 billion in 2021, the global urban population has increased quickly. By 2050, it is expected to reach 6.68 billion, with an additional 2.22 billion individuals living in urban areas. Asia and Africa are expected to account for 90% of the increase in the global urban population between 2021 and 2050. Since 1950, the global rural population has been slowly increasing, and it is predicted to reach a peak in 2021. By 2050, there will be 3.1 billion fewer individuals living in rural areas across the globe.
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The latest research report is dubbed as the first document encompassing the latest information about the Internet of Things in Smart Cities market that has been gravely affected by the COVID-19 pandemic. The global health crisis poses significant threats to the future growth of the Internet of Things in Smart Cities industry. The report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.
Market Overview:
The report bifurcates the Internet of Things in Smart Cities market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Internet of Things in Smart Cities Market Segmentation:
-
Offering Outlook (Revenue, USD Billion; 2019–2032)
- Solutions
- Remote Monitoring
- Real-Time Location System
- Network Management
- Security
- Data Management
- Reporting & Analytics
- Services
- Professional Services
- Consulting
- Deployment & System Integration
- Support & Maintenance
- Managed Services
- Solutions
-
Application Outlook (Revenue, USD Billion; 2019–2032)
- Smart Transportation
- Smart Building
- Smart Utilities
- Smart Citizen Services
- Education
- Healthcare
- Public Safety
-
Regional Outlook (Revenue, USD Billion, 2019–2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- Rest Of MEA
- North America
It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also discusses the key players involved in the market such as
Cisco Systems, Inc., IBM, Microsoft, Huawei Technologies Co., Ltd., Intel Corporation, Siemens, Hitachi, Ltd., Schneider Electric, Tech Mahindra Limited, Honeywell International Inc
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Global Internet of Things in Smart Cities Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- R&D Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers & Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Regional Landscape section of the Internet of Things in Smart Cities report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Highlights of Table of Contents (TOC):
- Overview of Global Internet of Things in Smart Cities Market
- Competitive analysis of the Internet of Things in Smart Cities market
- Regional analysis of Global Internet of Things in Smart Cities market production and revenue
- Regional analysis of Global Internet of Things in Smart Cities market supply, consumption, and export & import
- Type-based market analysis of global Internet of Things in Smart Cities production, revenue, and price trends
- Application-based analysis of the global Internet of Things in Smart Cities market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Internet of Things in Smart Cities market
- Global Internet of Things in Smart Cities market forecast (2020-2027)
- Conclusion of the research report
- Appendix
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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