Smart Cities Market which is set to $1,134.84 Billion by 2019

The report ?Smart Cities Market by Smart Home, intelligent Building Automation, Energy Management, Smart Healthcare, Smart Education, Smart Water, Smart Transportation, Smart Security, & by Services - Worldwide Market Forecasts and Analysis (2014 - 2019)?, defines and segments smart cities into various sub-segments of technologies, solutions, services and regions with in-depth analysis and forecasting of revenues.

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The idea of smart cities came into formulation owing to the need to accommodate rapid urbanization of the age. Interest in smart cities continues to grow, driven by a range of socioeconomic and technological developments across the globe. It is due to the increasing number of smart cities that established suppliers from energy, transport, buildings, and government sectors are moving into the smart cities market, while startups are addressing a range of emerging opportunities in the same field.

This smart cities market research report analyzes global adoption trends, future growth potential, competitive outlook, market ecosystem and market value chain. The report analyzes market sizes and revenue forecasts across different regions such as North America (NA), Europe, Latin America (LA), Asia Pacific (APAC), and Middle East and Africa (MEA). The smart cities market is expected to grow at a rapid pace in the regional markets of APAC and MEA. The growing number of smart cities projects in APAC and MEA are attracting the players operating in the smart city market. These regions would also be the highest revenue generating markets in the years to come. Considerable growth is expected in the NA and European smart cities markets. New wireless network and automation technologies like Z-Wave, Insteon, and many more are expected to be the emerging technological trends in the smart cities market.

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