The new report titled ‘Global Internet of Things in Smart Cities Market,’ published by Emergen Research, is a vivid presentation of the global Internet of Things in Smart Cities market, with utmost focus on the forecast market size, share, value, and volume over the projected timeline. The report throws light on the current economic landscape of this business vertical and evaluates the top market trends. It has been compiled through significant primary research, including surveys, interviews, and expert analysts’ observations. It features insightful qualitative and quantitative assessments of the Internet of Things in Smart Cities industry, gathering industry-verified data from the value chain analysis. The report, additionally, examines the prevailing trends in the market, along with the macro- and micro-economic indicators. The report delivers a deep understanding of the key aspects of the Internet of Things in Smart Cities market, for instance, import and export dynamics, production and consumption rates, and consumer bases across the major market regions. Thus, the report concludes with the essential market statistics presented in a tabular format to help readers get a clear idea of the global market dynamics.
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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This report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Internet of Things in Smart Cities business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.
Objectives of the Report:
- Industrial structure analysis of the Internet of Things in Smart Cities market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Internet of Things in Smart Cities market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Internet of Things in Smart Cities market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Internet of Things in Smart Cities market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Cisco Systems, Inc., IBM, Microsoft, Huawei Technologies Co., Ltd., Intel Corporation, Siemens, Hitachi, Ltd., Schneider Electric, Tech Mahindra Limited, Honeywell International Inc
Key insights presented in the report:
- Market revenue shares by major business players, by type, by application, and market scope of global Internet of Things in Smart Cities market
- Sales revenue by key players and new entrants
- Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
- Recent mergers, acquisitions, product launches, recent investments, and joint ventures
- Regional analysis to provide insight to recent trends and opportunities
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Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.
Detailed Regional Analysis covers:
- 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)
The report offers insightful information about the market dynamics of the Internet of Things in Smart Cities market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Internet of Things in Smart Cities market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Internet of Things in Smart Cities market.
Internet of Things in Smart Cities Market Segmentation:
- Offering Outlook (Revenue, USD Billion; 2019–2032)
- Remote Monitoring
- Real-Time Location System
- Network Management
- Data Management
- Reporting & Analytics
- Professional Services
- Deployment & System Integration
- Support & Maintenance
- Managed Services
- Application Outlook (Revenue, USD Billion; 2019–2032)
- Smart Transportation
- Smart Building
- Smart Utilities
- Smart Citizen Services
- Public Safety
- Regional Outlook (Revenue, USD Billion, 2019–2032)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- Rest Of MEA
- North America
To know more about the report @ https://www.emergenresearch.com/industry-report/internet-of-things-in-smart-cities-market
Key Coverage of the Internet of Things in Smart Cities Market:
- Insightful information regarding the global Internet of Things in Smart Cities market
- Identification of growth in various segments and sub-segments of the Internet of Things in Smart Cities market
- Strategic recommendations for investment opportunities
- The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
- Emerging trends and current market segment analysis to help investors formulate new business strategies
- Accelerates the decision-making process through the availability of the drivers and limitations
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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