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Software Links: Application Software, Enterprise Software, Virus Software Home > Software News: Watch News Feed Bestsellers Software Search Software News: Software News | Submit Press Release | Rising technological developments will escalate the Smart Cities Market at a CAGR of 19.08%   The Insight Partners (I-SoftwareNews.Com, December 07, 2017 ) The smart infrastructure technology has significantly changed over time, and various disciplines such as building automation for facility and emergency response management, building energy optimization, parking management, and in-building communication systems, are now being widely adopted. Furthermore, Green building initiatives have taken up a center stage across many countries, especially across the Europe, North America, and APAC region. Focus on reduction in energy consumption and concerns over proliferation of environmental wastes are the major driving factors for development of smart cities. Transportation is another major growing focus area during the forecast period. The global Smart cities market accounted for US$ 773.19 Bn in 2016 and is expected to grow at a CAGR of 19.08% during the forecast period 2017 – 2025, to account for US$ 3651.49 Bn in 2025. Request a Sample Report at http://www.theinsightpartners.com/sample/TIPTE100000383 Technology integration helps cities to improve efficiency, enhance their economic potential, reduce costs, open the door to new business and services, and improve the living conditions of its citizens. A key condition for value creation through integration is the compatibility of technologies; which is best achieved through common and consensus-based standards that ensure interoperability. Smart City Market Key Players ABB Ltd. Accenture Cisco Ericsson Schneider Electric GE Microsoft IBM Corporation Oracle Siemens The report segments the global smart cities market as follows: Global Smart Cities Market – By Industry Verticals Smart Infrastructure Smart Energy Smart Healthcare Smart Governance Smart Education Smart Transportation Global Smart Cities Market – By Geography North America U.S. Canada Mexico Europe France Germany Italy Spain U.K. Rest of Europe Asia Pacific (APAC) Japan China India Australia Rest of APAC Middle East & Africa (MEA) Saudi Arabia U.A.E. South Africa Rest of MEA South America (SAM) Brazil Rest of SAM  View Complete Report at http://www.theinsightpartners.com/reports/smart-city-market-research-report About The Insight Partners The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries. Contact Us: Call: +1-646-491-9876 Email: sales@theinsightpartners.com   The Insight Partners Sameer Joshi +91 9666111581 sam@theinsightpartners.com Source: EmailWire.Com Source: EmailWire.com Media Sponsor Watch the latest videos on YouTube.com

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