Mar 23, 2020   SOURCE: PR NewsWire

Smart City Market Insights, 2020: Increase in IT Consolidation & Modernization

DUBLIN, March 23, 2020 /PRNewswire/ -- The "Global Smart City Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

The global smart city market is poised to grow by USD 2,118.14 billion during 2020-2024, progressing at a CAGR of 23% during the forecast period.

The report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The market is driven by increase in IT consolidation and modernization. In addition, enhanced global broadband connectivity is anticipated to boost the growth of the global smart city market as well.

Key Topics Covered

Executive Summary

    --  Market Overview

Market Landscape

    --  Market ecosystem
    --  Value chain analysis

Market Sizing

    --  Market definition
    --  Market segment analysis
    --  Market size 2019
    --  Market outlook: Forecast for 2019-2024

Five Forces Analysis

    --  Bargaining power of buyers
    --  Bargaining power of suppliers
    --  Threat of new entrants
    --  Threat of substitutes
    --  Threat of rivalry
    --  Market condition

Market Segmentation by Application

    --  Market segments
    --  Comparison by Application placement
    --  Smart governance and education - Market size and forecast 2019-2024
    --  Smart energy - Market size and forecast 2019-2024
    --  Smart healthcare - Market size and forecast 2019-2024
    --  Smart security - Market size and forecast 2019-2024
    --  Others - Market size and forecast 2019-2024
    --  Market opportunity by Application

Customer Landscape

    --  Overview

Geographic Landscape

    --  Geographic segmentation
    --  Geographic comparison
    --  Europe - Market size and forecast 2019-2024
    --  North America - Market size and forecast 2019-2024
    --  APAC - Market size and forecast 2019-2024
    --  South America - Market size and forecast 2019-2024
    --  MEA - Market size and forecast 2019-2024
    --  Key leading countries
    --  Market opportunity by geography

Drivers, Challenges, and Trends

    --  Market drivers
    --  Volume driver - Demand led growth
    --  Volume driver - Supply led growth
    --  Volume driver - External factors
    --  Volume driver - Demand shift in adjacent markets
    --  Price driver - Inflation
    --  Price driver - Shift from lower to higher priced units
    --  Market challenges
    --  Market trends

Vendor Landscape

    --  Overview
    --  Landscape disruption

Vendor Analysis

    --  Vendors covered
    --  Market positioning of vendors
    --  ABB Ltd.
    --  Accenture PLC
    --  Alphabet Inc.
    --  Cisco Systems Inc.
    --  HP Inc.
    --  International Business Machines Corp.
    --  LG Electronics Inc.
    --  Microsoft Corp.
    --  Oracle Corp.
    --  SAP SE

For more information about this report visit https://www.researchandmarkets.com/r/unw0x8

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/smart-city-market-insights-2020-increase-in-it-consolidation--modernization-301028097.html

SOURCE Research and Markets