Press release
IoT in smart cities Market Size is Expected to Boost the Demand and Growth by 2030 - Business Market Insights
The IoT in smart cities market crossed US$ 145.02 billion mark in 2022 and is expected to hit US$ 684.76 billion by 2030, recording a CAGR of 21.4% during the forecast period.
IoT in smart cities aims at reducing the rate of criminal activities, boosting better infrastructure, which further leads to an equitable society. Moreover, IoT solutions for smart cities acts a forefront of technologically enabled changes by forming a smart city model. Moreover, citizens continue to demand for receiving better services & officials across several countries are striving to make utilities economically practical. Features such as network security, application security, location analytics, real-time IoT in smart cities, and remote monitoring system, among others are some of the major IoT in smart cities solutions. The services segment is expected to gain traction during the forecasted year.
Get a sample PDF of the report at - https://www.businessmarketinsights.com/sample/BMIRE00026509?utm_source=OpenPr&utm_medium=10640
The report covers an in-depth analysis of the key market players within the market
o Microsoft
o IBM
o Cisco
o Siemens
o SAP
Surge in adoption of connected & smart technologies accelerates the growth of IoT in smart cities market.
Massive adoption of multiple technologies such as cloud, mobility, IoT, AI, and data communications which are implemented across the smart cities' infrastructure is becoming one of the major factors promoting the market growth. Moreover, due to growing advancements in 5G and IoT, the government & other end use verticals are becoming increasingly aware, intelligent and self-governing towards the advancements in their respective cities. Furthermore, growing adoption of these technologies in recent years has further enabled better connectivity, which therefore results into a complete remodeling of the smart cities ecosystem globally. The development of 5G service and IoT technologies which are aiming at security, environmental sustainability, and privacy is further boosting the IoT in smart cities market growth.
The "IoT in Smart Cities Market" forecast 2030 report analyses the present and future competitive scenario of the analytics industry. IoT in Smart Cities Market report offers an in-depth analysis on segments including top companies, products, applications, revenue and regions. a number of topics including likewise market share, drivers, trends and methods. This report additionally offers insights into the latest growth and trends. It encapsulates key aspects of the market, with focus on leading key player's areas that have witnessed the highest demand, leading regions and applications.
In this report, the market has been segmented on the basis of:
• Offering:
o Solution
• Remote Monitoring
• Real-time Location System
• Data Management, Reporting & Analytics
• Security
• Network Management
o Services
• Professional Services
• Managed Services
• Industry Vertical:
o Smart Transportation
o Smart Building
o Smart Utilities
o Smart Citizen Services
• Region
o North America
o Europe
o Asia Pacific (APAC)
o South & Central America
o Middle East & Africa
Get Full Report: https://www.businessmarketinsights.com/reports/iot-in-smart-cities-market
Recent strategic developments in IoT in smart cities market
The IoT in smart cities market has undergone several significant developments, and a few of these have been mentioned below:
• In August 2021, Schneider Electric, which is a digital automation & energy management company, launched EcoStruxureTM Rail in India, in order to boost a digital environment for metro rail operations in the country. In addition, the solution is expected to increase the overall efficiency up to 20% and further reduce the total cost of ownership by 15%.
• In June 2020, Siemens AG which is a German multi-industry company, entered into an agreement with Salesforce Inc. in order to develop a new workplace technology. Moreover, the solution will help companies to offer a better experience to their employees after post-pandemic situation globally.
Market Analysis and Insights: IoT in Smart Cities Market
IoT in Smart Cities Market report elaborates the market size, market characteristics, and market growth of the IoT in Smart Cities industry, and breaks down according to the type, application, and consumption space of IoT in Smart Cities. The report also conducted a PESTEL analysis of the industry to check the most influencing factors and entry barriers of the industry.
Click Here to Buy Now@: https://www.businessmarketinsights.com/buy/single/BMIRE00026509?utm_source=OpenPr&utm_medium=10640
Some of the key queries answered in this report:
• -What can we estimate about the anticipated growth rates and also the IoT in Smart Cities industry size by 2030?
• -What will happen in the coming existing and emerging markets?
• -Which are the five top players within the IoT in Smart Cities market?
• -How can the IoT in Smart Cities market change in the upcoming years?
• -Which product and application will take a share of the IoT in Smart Cities market?
• -What will be the CAGR and size of the IoT in Smart Cities market throughout the forecast period?
• -What are the market opportunities and challenges two-faced by the key vendors?
• -Who are the major competitors and what is their strategy?
• -What are the barriers to entry for new players in the market?
• -What would be the upcoming IoT in Smart Cities market behaviour forecast with trends, challenges, and drivers for development?
• -What business opportunities and dangers are faced by vendors in the market?
• -Which would be IoT in Smart Cities industry opportunities and challenges have faced by most vendors in the market?
• -What will be the outcomes of this market SWOT five forces analysis?
Customize Your Report:
Don't miss out on the chance to talk to our analyst and know more insights concerning this market report. Our analysts can also assist you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with custom-made information during a short quantity of your time.
Contact Us:
If you have any questions about this report or would like further information, please contact us:
Contact person: Sameer Joshi
Email: sales@businessmarketinsights.com
Phone: +16467917070
About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
IoT in smart cities aims at reducing the rate of criminal activities, boosting better infrastructure, which further leads to an equitable society. Moreover, IoT solutions for smart cities acts a forefront of technologically enabled changes by forming a smart city model. Moreover, citizens continue to demand for receiving better services & officials across several countries are striving to make utilities economically practical. Features such as network security, application security, location analytics, real-time IoT in smart cities, and remote monitoring system, among others are some of the major IoT in smart cities solutions. The services segment is expected to gain traction during the forecasted year.
Get a sample PDF of the report at - https://www.businessmarketinsights.com/sample/BMIRE00026509?utm_source=OpenPr&utm_medium=10640
The report covers an in-depth analysis of the key market players within the market
o Microsoft
o IBM
o Cisco
o Siemens
o SAP
Surge in adoption of connected & smart technologies accelerates the growth of IoT in smart cities market.
Massive adoption of multiple technologies such as cloud, mobility, IoT, AI, and data communications which are implemented across the smart cities' infrastructure is becoming one of the major factors promoting the market growth. Moreover, due to growing advancements in 5G and IoT, the government & other end use verticals are becoming increasingly aware, intelligent and self-governing towards the advancements in their respective cities. Furthermore, growing adoption of these technologies in recent years has further enabled better connectivity, which therefore results into a complete remodeling of the smart cities ecosystem globally. The development of 5G service and IoT technologies which are aiming at security, environmental sustainability, and privacy is further boosting the IoT in smart cities market growth.
The "IoT in Smart Cities Market" forecast 2030 report analyses the present and future competitive scenario of the analytics industry. IoT in Smart Cities Market report offers an in-depth analysis on segments including top companies, products, applications, revenue and regions. a number of topics including likewise market share, drivers, trends and methods. This report additionally offers insights into the latest growth and trends. It encapsulates key aspects of the market, with focus on leading key player's areas that have witnessed the highest demand, leading regions and applications.
In this report, the market has been segmented on the basis of:
• Offering:
o Solution
• Remote Monitoring
• Real-time Location System
• Data Management, Reporting & Analytics
• Security
• Network Management
o Services
• Professional Services
• Managed Services
• Industry Vertical:
o Smart Transportation
o Smart Building
o Smart Utilities
o Smart Citizen Services
• Region
o North America
o Europe
o Asia Pacific (APAC)
o South & Central America
o Middle East & Africa
Get Full Report: https://www.businessmarketinsights.com/reports/iot-in-smart-cities-market
Recent strategic developments in IoT in smart cities market
The IoT in smart cities market has undergone several significant developments, and a few of these have been mentioned below:
• In August 2021, Schneider Electric, which is a digital automation & energy management company, launched EcoStruxureTM Rail in India, in order to boost a digital environment for metro rail operations in the country. In addition, the solution is expected to increase the overall efficiency up to 20% and further reduce the total cost of ownership by 15%.
• In June 2020, Siemens AG which is a German multi-industry company, entered into an agreement with Salesforce Inc. in order to develop a new workplace technology. Moreover, the solution will help companies to offer a better experience to their employees after post-pandemic situation globally.
Market Analysis and Insights: IoT in Smart Cities Market
IoT in Smart Cities Market report elaborates the market size, market characteristics, and market growth of the IoT in Smart Cities industry, and breaks down according to the type, application, and consumption space of IoT in Smart Cities. The report also conducted a PESTEL analysis of the industry to check the most influencing factors and entry barriers of the industry.
Click Here to Buy Now@: https://www.businessmarketinsights.com/buy/single/BMIRE00026509?utm_source=OpenPr&utm_medium=10640
Some of the key queries answered in this report:
• -What can we estimate about the anticipated growth rates and also the IoT in Smart Cities industry size by 2030?
• -What will happen in the coming existing and emerging markets?
• -Which are the five top players within the IoT in Smart Cities market?
• -How can the IoT in Smart Cities market change in the upcoming years?
• -Which product and application will take a share of the IoT in Smart Cities market?
• -What will be the CAGR and size of the IoT in Smart Cities market throughout the forecast period?
• -What are the market opportunities and challenges two-faced by the key vendors?
• -Who are the major competitors and what is their strategy?
• -What are the barriers to entry for new players in the market?
• -What would be the upcoming IoT in Smart Cities market behaviour forecast with trends, challenges, and drivers for development?
• -What business opportunities and dangers are faced by vendors in the market?
• -Which would be IoT in Smart Cities industry opportunities and challenges have faced by most vendors in the market?
• -What will be the outcomes of this market SWOT five forces analysis?
Customize Your Report:
Don't miss out on the chance to talk to our analyst and know more insights concerning this market report. Our analysts can also assist you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with custom-made information during a short quantity of your time.
Contact Us:
If you have any questions about this report or would like further information, please contact us:
Contact person: Sameer Joshi
Email: sales@businessmarketinsights.com
Phone: +16467917070
About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
