Global Smart City & Connected City Solutions market cagr 11.2%

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Smart City & Connected City Solutions Market

Smart City & Connected City Solutions Market

Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Smart City & Connected City Solutions Market Size and Growth

The Smart City & Connected City Solutions market is experiencing rapid growth due to increasing urbanization and digitization trends. The market size is estimated to be around $800 billion and is expected to continue expanding as cities around the world invest in smart technologies to enhance efficiency and sustainability.

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Companies Covered (Covid 19 Impact Covered)

◍ Cisco

◍ Verizon Communications

◍ Huawei

◍ IBM

◍ NTT Communications

◍ Oracle

◍ ABB

◍ China Mobile

◍ AT&T

◍ Vodafone

◍ Siemens

◍ Ericsson

◍ Itron

◍ Microsoft

◍ Nokia(Alcatel-Lucent)

◍ Honeywell

◍ GE

◍ HP

The Smart City & Connected City Solutions Market is competitive with key players such as Cisco, Verizon Communications, Huawei, IBM, NTT Communications, Oracle, ABB, China Mobile, AT&T, Vodafone, Siemens, Ericsson, Itron, Microsoft, Nokia, Honeywell, GE, HP, Deutsche Telekom, Hitachi, SAP SE, NEC Corporation, Schneider Electric, and Telefonica. These companies provide a range of solutions such as IoT, cloud computing, data analytics, and connectivity services to enable smart city initiatives. Some sales revenue figures include:

- Cisco: $49.30 billion

- Verizon Communications: $128.29 billion

- IBM: $73.62 billion

- Oracle: $39.07 billion

- Ericsson: $22.89 billion

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Market Segmentation

By Application

◍ Communications Industry

◍ Transportation Industry

◍ Express Industry

◍ Government

◍ Education

◍ Others

By Product

◍ Smart Grid

◍ Smart Building

◍ Smart Water Network

◍ Smart Healthcare

◍ Smart Education

◍ Smart Security

◍ Smart Transport

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$ X Billion USD
Market Growth
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