Precision Business Insights has published a report on the global iot in smart cities market, estimating its value at USD 217.2 Billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 21.3% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/iot-in-smart-cities-market

Market Definition:

In Smart Cities, IoT (Internet of Things) refers to the incorporation of linked sensors, devices, and data analytics platforms into urban infrastructure to enhance sustainability, efficiency, and citizen quality of life.

Drivers:

1) Rising rapid urbanisation.
2) Increasing adoption of IoT devices and sensors.

The global iot in smart cities market segmentation:

1) By Offering: Solutions, Services.
2) By Solution: Data Management, Network Management, Real-Time Location System, Remote Monitoring, Reporting and Analytics, Security.
3) By Services: Managed Services, Professional Services (Consulting, Support and Maintenance, System Integration and Deployment.
4) By Application: Smart Building, Smart Citizen Services, Smart Transportation, Smart Utilities.

Regional Overview:
The report also examines the current concerns and their Future Effects on the iot in smart cities market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the iot in smart cities market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Cisco Systems | IBM Corporation | Siemens AG | Huawei Technologies | Intel Corporation | Microsoft Corporation | Schneider Electric | Hitachi Ltd. | Honeywell International | ABB Ltd. | Bosch Software Innovations | Oracle Corporation | Google (Alphabet Inc.) | Amazon Web Services (AWS) | Ericsson | Dell Technologies | SAP SE | PTC Inc. | GE Digital | Arm Holdings | NXP Semiconductors | Advantech Co., Ltd. | Telit | STMicroelectronics | Kapsch TrafficCom | NEC Corporation | Fujitsu Limited | Tata Consultancy Services (TCS) | Wipro Limited | Infosys Limited | Tech Mahindra | Dassault Systèmes | Accenture | Verizon Communications | AT&T | Vodafone Group | Orange Business Services | Thales Group | Quectel Wireless Solutions | Semtech Corporation | Schneider Electric | Johnson Controls | Siemens Mobility | Huawei Cloud | Hitachi Vantara | Cisco Meraki | Microsoft Azure IoT | Bosch IoT Suite | Intel IoT Platform | Ericsson IoT Accelerator | GE Predix | IBM Watson IoT

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