LONDON, Oct. 12, 2016 /PRNewswire/ -- About Smart City
A smart city uses ICT, including mobile networks, to improve the quality of livelihood in a sustainable way. A smart city combines and shares disparate comprehensive data sets captured by intelligently-connected infrastructure, people, and vehicles, to generate new insights. It also provides ubiquitous services that enable citizens to access information about city administrative services, improve the efficiency of city operations, enhance security levels, fuel economic activity, and even increase resilience to natural disasters.
Technavio's analysts forecast the global smart city market to grow at a CAGR of 19.65% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global smart city market for 2016-2020. To calculate the market size, the report considers the revenue obtained from components such as smart security, smart infrastructure, smart energy, smart governance, smart education, smart building, smart healthcare, and smart mobility.
The market is divided into the following segments based on geography: