PUBLISHER: TechNavio | PRODUCT CODE: 1911018
PUBLISHER: TechNavio | PRODUCT CODE: 1911018
The global smart city information and communication technologies (ict) infrastructure market is forecasted to grow by USD 188866.7 mn during 2024-2029, accelerating at a CAGR of 25.9% during the forecast period. The report on the global smart city information and communication technologies (ict) infrastructure market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing investments in smart cities, need of ict infrastructure for energy conservation in smart city, increase in it consolidation and modernization.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 21.5% |
| CAGR | 25.9% |
| Incremental Value | $188866.7 mn |
Technavio's global smart city information and communication technologies (ict) infrastructure market is segmented as below:
By Application
By Component
By Technology
Geography
This study identifies the proliferation of smart city projects in emerging economies as one of the prime reasons driving the global smart city information and communication technologies (ict) infrastructure market growth during the next few years. Also, rising adoption of smart healthcare and partnerships among countries to develop smart cities will lead to sizable demand in the market.
The report on the global smart city information and communication technologies (ict) infrastructure market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global smart city information and communication technologies (ict) infrastructure market vendors that include ABB Ltd., Accenture PLC, AT and T Inc., China Mobile Ltd., Cisco Systems Inc., Deutsche Telekom AG, Hitachi Ltd., Honeywell International Inc., Huawei Technologies Co. Ltd., IBM Corp., Microsoft Corp., Nokia Corp., NTT Communications Corp., Oracle Corp., Schneider Electric SE, Siemens AG, Telefonaktiebolaget Ericsson, Telefonica SA, Verizon Communications Inc., Vodafone Group Plc. Also, the global smart city information and communication technologies (ict) infrastructure market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.