The Smart City Market statistical report, published by Market Research Future contains succinct information on the Smart City market , segmented by utility applications as smart meter, smart lighting, smart energy, smart waste management, & Others and forecast from 2016-2022. The various factors driving the smart city market are rapid growth of urbanization, a large aging population, and increasing environment concern & resource scarcity.
Utilities are changing dramatically, as they are shifting to accommodate distributed and off-grid resources so as to deal with new energy sources and improve relationships with customers. The introduction of smart meters, smart lighting, smart grids and others to conserve resources, is driven by IoT. All these moves can help keep cities, cleaner and conserve resources.
Smart energy of Smart City Market by Utility Application is expected to reach USD 40.53 Billion by 2022 with a CAGR of 35.49%
Table of Contents
1.1 North America Smart City Market, By Utility Application, 2016 VS 2022 (USD Billion)
List of Tables
Table 1 North America Smart City Market, By Utility Application, 2016-2022 (USD Billion) ………..5
List of Figures
Figure 1 North America Smart City Market, By Utility Application, 2016-2022, (USD Billion) …………..6