Title: Global Smart Cities Market is expected to reach $1 Trillion by 2016
1MarketsandMarkets Presents
Global Smart Cities Market is expected to reach
1 Trillion by 2016
http//www.marketsandmarkets.com/Market-Reports/sm
art-cities-market-542.html
2 According to a new market research report,
Smart Cities Market Worldwide Projects,
Regional Adoption Transformations, and Market
(by Smart Homes Building Automation Physical
Security, Life Security,. Facilities Management
Energy Management Smart Grid Industrial
Automation Citizen Services Healthcare,
Education, Water Smart Transportation Traffic
Management, Supervision, Passenger Information,
Ticketing, Parking Management Security Urban
Security, Critical Infrastructure Protection, ID
Management, Cyber Security) Forecast 2012 -
2016, the total Smart cities market is expected
to reach more than 1 trillion by 2016, at a CAGR
of 14.2. Browse 75 market tables and in-depth
TOC on Smart Cities Market Worldwide Projects,
Regional Adoption Transformations, and Market
(by Smart Homes Building Automation Physical
Security, Life Security,. Facilities Management
Energy Management Smart Grid Industrial
Automation Citizen Services Healthcare,
Education, Water Smart Transportation Traffic
Management, Supervision, Passenger Information,
Ticketing, Parking Management Security Urban
Security, Critical Infrastructure Protection, ID
Management, Cyber Security) Forecast 2012 -
2016. http//www.marketsandmarkets.com/Marke
t-Reports/smart-cities-market-542.html
3- Globally, there are some 700 cities, each with
population exceeding 500,000 and are growing
faster than the average growth rate of cities.
This opens up the market for industry players to
grow their business in new and emerging smart
cities. The infrastructure investment for these
cities is forecasted to be 30 trillion to 40
trillion, cumulatively, over the next 20 years. - With growing emphasis on reducing carbon emission
and the fact that conventional cities form a
major source of CO2 emission, planning a smart
city becomes a viable option for governments and
municipal authorities. Deploying technologies
such as smart grids, smart metering for energy
management electric vehicle and traffic
management with smart transportation and smart
security are high growth areas within smart
cities. - The overall smart cities market, valued at 526.3
billion in 2011, is forecasted to grow double
fold to 1,023.4 billion by 2016, at a CAGR of
14.2 for the period 2011 to 2016. Among all
application segments, we observe smart energy or
energy management market to be the fastest
growing market with an impressive CAGR of 28.7,
growing to 80.7 billion by 2016.
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art-cities-market-542.html
4- In addition to market sizes and forecasts, the
report also provides a detailed analysis of the
market trends and factors influencing market
growth, offering in-depth geographic analyses of
the smart cities market in North America, Europe,
Asia-Pacific and ROW. - Along with the special coverage of 18 ongoing key
smart cities project, the report also draws the
competitive landscape of the smart cities market,
providing an in-depth comparative analysis of the
technological and marketing strategies that the
key players are adopting in order to gain an edge
over their competitors.
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smart-cities-market-542.html
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art-cities-market-542.html