Smart Cities Market in India Present Scenario and 2017-2023 Growth Prospects

Nov 13, 2017

OrbisResearch.com has published new research report on “Smart Cities Market in India-Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023” to its database. Smart cities market in India estimated to grow at a CAGR of 18.5% during the forecast period.

Dallas, United States - November 13, 2017 /MarketersMedia/ —

Smart cities are gaining market traction as there is a compulsive search for land to accommodate more than 7 billion people on the planet. The continued growth in the population, ill-planned cities, overcrowding in developing cities, and lavish lifestyle are resulting in enormous wastage of the natural resources. The loss of natural resources will eventually result in high cost of living, a rise in the level of pollution, and an increase in the crime rates. Thus, the governments in many countries have come up with a concept of smart cities, which will be enabled by the intelligent information and communication technology.

The smart cities market in India to grow at a CAGR of 18.5% during the forecast period. The market is segmented into city types and applications.

As stated in the report, India is one of the fastest and largest growing markets for smart cities due to the initiatives and the use of technology. The Tier 2 metro cities will have the highest growth rate due to the declaration of government initiatives and private investments from the software providers. Moreover, the Government of India has already planned and mentioned the first 20 smart cities.

The market is evolving mainly due to the increasing adoption of Internet and mobile phones and the growing demand for energy-efficient sources to safeguard the Earth’s limited resources. These situations have offered tremendous opportunities for the smart cities players across the world to invest hugely in the market and achieve their business goals.

Key Players:
Cisco Systems, Google Inc., General Electric, Panasonic, Honeywell International Inc., Microsoft Corp., IBM Corp., ABB Ltd., SAP SE, and Apple.Request a sample of the India Smart cities Industry report @ http://www.orbisresearch.com/contacts/request-sample/517118 .

The report covers the present scenario and the growth prospects of the smart cities market in India during the forecast period 2017-2023. Moreover, to calculate the market size, the report considers the revenue generated from the sales of the following solutions:
Smart Governance
Smart Education
Smart Security
Smart Energy
Smart Infrastructure
Smart Mobility
Smart Healthcare
Smart Building

The market is analyzed by
Applications – Smart Governance, Smart Education, Smart Security, Smart Energy, Smart Infrastructure, Smart Mobility, Smart Healthcare, Smart Building
City Types – Tier 1, Tier 2, and others

The report covers drivers, restraints, and opportunities (DRO) affecting the market growth during the forecast period (2017–2023)
It contains an analysis of vendor profiles, which include financial health, business units, geographical revenue, business focus, SWOT, business strategy, and views
In the vendor profile section, for the companies that are privately held, financial information and revenue of segments will be limited
The report covers political, economic, social, and technological (PEST) factors affecting the market growth during the forecast period

Purchase a single user copy of the report @ http://www.orbisresearch.com/contact/purchase/517118 .

Some points from Table of Contents:
1 Industry Outlook 9
1.1 Industry Overview 9
1.2 Industry Trends 10
1.3 PEST Analysis 11

2 Report Outline 12
2.1 Report Scope 12
2.2 Report Summary 13
2.3 Research Methodology 14
2.4 Report Assumptions 14
3 Market Snapshot 16
3.1 Total Addressable Market 16
3.2 Segmented Addressable Market 16
3.3 Related Markets 17
3.3.1 AI in Homes 17
3.3.2 Smart Meters 17

4 Market Outlook 18
4.1 Overview 18
4.1.1 Market Definition – Infoholic Research 18
4.2 Market Trends and Impact 19
4.3 Market Segmentation 20
4.4 Porter 5 (Five) Forces 20

Are you looking for a DISCOUNT on this report? If yes, contact us @ http://www.orbisresearch.com/contacts/discount/517118 .

About Us:
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Source URL: https://marketersmedia.com/smart-cities-market-in-india-present-scenario-and-2017-2023-growth-prospects/263544

For more information, please visit http://www.orbisresearch.com/reports/index/smart-cities-market-in-india-global-drivers-restraints-opportunities-trends-and-forecasts-up-to-2023

Source: MarketersMedia

Release ID: 263544

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