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Smart Cities Market Projected to $1,266.58 Billion by 2019 - New Report by MarketsandMarkets
Date:8/4/2014

cities as they lack proper infrastructure facilities while competing for global attention.

The enormous migrating population flocking the urban areas is the greatest driving force for the growth of technologically mapped smart cities. Growing awareness about the environmental concerns and the need for ecologically sustainable infrastructure has led to the evolution of smart cities. The smart cities market exhibits a tremendous growth in the near future. Rapid adoption traits can be seen in nations like the U.S., China, Japan, South Korea, U.A.E. and the Netherlands. The research report analyzes global adoption trends, future growth potentials, emerging technologies, key drivers, competitive outlook, restraints, opportunities, market ecosystem, value chain, and best practices in this market.

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Smart cities report consists of the future trends in different smart cities sub-markets. It also presents a detailed analysis, market sizing and forecasting for these emerging sub-markets. The report is segmented into solutions like smart homes, smart industries, smart resource management, smart utilities, smart transportation, smart security, and many more. The solutions include eco-friendly infrastructure and smart grid layers which would help reduce greenhouse gas emissions. Rational resource management and its distribution would ensure the fulfillment of residential and commercial energy demands. New wireless network technologies like Z-Wave and Insteon and new automation standards would become the emerging technological trends for building, industry and transportation automation.

Middle East and Africa (MEA) and Asia-Pacific (APAC) are expected to be the highest reve
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