IOT IN SMART CITIES MARKET GLOBAL FORECAST S 2 02 4 - 2 03 4.
DESCRIPTION THE MARKET IS E XPA ND IN G SWIF TL Y, P ROP EL LE D BY THE GRO WING IM P LE ME N TA TI ON OF IN T EL LIG EN T CIT Y T ECH NO LOG IE S AI ME D AT E NH AN CIN G URBA N IN FRA STRU CTU RE, RE SOURCE MAN AGE MEN T , AN D OVERALL LIVING STANDARDS. THIS MARKET E NCO MP ASSE S THE AP P LICA TI ON OF IN T ERN E T OF T HIN GS (I OT ) IN N OVAT IO NS AN D SOL UT ION S T O UPGRA DE URBA N INFRA STRU CTU RE, SE RVICE S, AND ENVI RON MEN TS . IT E NT AI LS T HE IN CORP ORA TI ON OF IN T ERCO NN E CTE D DE VICE S, SE NSO RS, SOF TWA RE AP P LICA TI ON S, AN D COM M UN ICAT IO N T ECH NO LOG IE S T O COL LECT AND AN AL YZE DA TA FRO M DI VERSE URBA N SYST EMS IN REALT IM E. T HIS E MP OWE RS CIT IE S T O BOO ST E FFI CIE NCY, SUST AI NA BILI TY, SAF ETY, AND THE QU ALI TY OF LI FE FO R INHA BITANTS T HROU GH SMART DE CISI ON -M AKIN G AN D AU TO MA TE D ACT IO NS .
MARKET STATISTICS: Report Attributes
Description
Market Size in 2024
USD 145.72 Billion
Market Forecast in 2034
USD 585.43 Billion
CAGR % 2024-2034
19.6%
Base Year
2023
Historic Data
2016-2022
Forecast Period
2024-2034
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MARKET SEGMENTS By Component
•
Hardware
•
Software
• Services • Cellular Networks (4G, 5G) • Low Power Wide Area Networks • Narrowband IoT (NB-IoT) • Radio Frequency Identification • Near Field Communication (NFC) • Bluetooth and Bluetooth Low Energy • Wi-Fi • Zigbee • Others • Transportation • Building • Utilities • Education • Healthcare • Public Safety
By Connectivity Technology
By Application
KEY MARKET PLAYERS CISCO SYSTEMS, INC. IBM CO RPO RATION SIEMENS A G MICROSO FT CORPORA TI ON HUAWEI TECHNOLOGIES CO., LTD. SCHNEIDER ELECTRIC INTEL CORPORA TI ON SAP SE
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ABOUT WE MARKET RESEARCH: A T WE MAR KET RES EAR CH , WE A RE PA SSIO NA TE A BO UT D ATA , INSIG H TS, A ND H EL PI NG BU SI N ES SES TH RI VE I N A N EVER - EVO L VI N G M AR KETPL A CE. O UR JO UR N EY BEG A N WITH A SIM PL E YET PRO F O UND BEL IEF : INF OR MED D ECISIO NS L EA D TO SU STA IN A BL E SU CC ESS. WITH TH IS PRINC IPLE A T O UR CO RE, WE'V E G RO WN IN TO A D YNA MIC A ND INNOV ATIV E M AR KET RES EAR CH CO M PANY D EDIC ATED TO PRO VID ING YO U WITH TH E KNO WLEDG E A ND STR ATEG IES YO U NEED TO NA VIG ATE TH E CO MPLEXITIES O F YO U R IND US TRY. WE PRO VID E A CO MPREH ENSIVE RA NG E O F RES EAR CH SER VICES , INCLU DING BR AND PERC EPTION RES EAR CH , PRICING A NALYS IS, CUSTOMER SEG MENTATIO N, CO M PETITIVE A NAL YS IS, PRO D UC T D EVEL O PMENT A ND INNOV ATIO N STU D IES, MAR KET SIZING A ND FO RECA STS , A ND MOR E. O UR O BJECTIV E IS TO G IVE O UR CLIENTS A CO MPREH ENSIVE INSIG H T O F TH EIR MAR KET ENVIR ONMENT SO TH EY CA N IM PRO VE TH EIR CO M PETITIVE A DV ANTA G E, O PTIMIZE TH EIR STR ATEG Y, A ND D RIVE GROWTH.
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