A new research document titled, Global Smart Cities Market is released by AdvanceMarketAnalytics. The market study is a cautious attempt of the industry with strategic steps to the targets of business environment and the ones that are tried to have an essential impression on the progression of the Smart Cities market. AMA recognizes following companies as the key players in the Global Smart Cities market that includes Cisco Systems (United States), IBM (United States), Siemens AG (Germany), Schneider Electric (France), Ericsson (Sweden), Vodafone (UK), Itron Inc. (United States), Verizon (United States), Telensa (England), ABB (Switzerland), Honeywell International Inc. (United States), SAP SE (Germany), KAPSCH Group (Austria) and AGT International (Switzerland).
Government Initiatives for Smart City Programs
is one of the key components driving the development of this market in the following couple of years. "Rising Adoption of Artificial Intelligence (AI) and Internet of Things (IoT)" adds to the investigation what growth market seeks ahead. This causes analysts to concentrate more on regional factors and regulatory and influencing factors ahead of any other approach.
One of the key patterns that will drive the development prospects for the Smart Cities amid the anticipated period is the Rapidly Growing Urban Population
. The Components, such as Hardware, is boosting the Smart Cities market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market. The Technology, such as Application Programming Interfaces (APIs), is boosting the Smart Cities market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market. The Smart Cities market is very focused because of the nearness of many key organizations. The main Manufacturers are focusing on presenting new product/services and are constantly upgrading their existing offerings to keep pace with the overall industry.
The key target audience considered while formulating the study are as follows: Government Agencies, Research Professionals, Emerging Companies, Government Body & Associations and End user
Available Customization: List of players that can be included in the study on immediate basis are Accenture, Cisco Systems Inc., Ericsson Ab, Fujitsu, General Electric, Hitachi, Hewlett-Packard, Huawei Technologies Co. Ltd., IBM, Intel, Microsoft, Nokia, Oracle, Sap, Schneider Electric, Siemens, Toshiba, Abb Tropos, AGT International, Arup, At&T, Autodesk Inc., Orange Group, Sensus, Silver Spring Networks, Telefonica, Trilliant, Urbiotica and Verizon.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Smart Cities market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Smart Cities market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Government Agencies, Research Professionals, Emerging Companies, Government Body & Associations and End user. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.