Global Smart City & Connected City Solutions market cagr 7.8%

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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 rapidly expanding, driven by urbanization and technological advancements. The market size surpassed $400 billion in 2023, with projected growth fueled by investment in IoT, data analytics, and integrated infrastructure. Key areas of focus include transportation, energy management, and public safety solutions.

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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 features major players like Cisco, Verizon, and Huawei, focusing on IoT, data analytics, and infrastructure. These companies enhance urban sustainability, improve services, and foster innovation, driving market growth.

Notable revenues include:

- Cisco: $49.8 billion

- IBM: $60.5 billion

- Verizon: $136.8 billion

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Market Segmentation

By Application

Communications Industry

Transportation Industry

Express Industry

Government

Education

Others

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By Product

Smart Grid

Smart Building

Smart Water Network

Smart Healthcare

Smart Education

Smart Security

Smart Transport

Market Growth

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$ X Billion USD

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