Global Smart Cities Market
Global Smart Cities Market was valued at USD 409.04 billion in 2021 and is expected to reach USD 1024.4 billion by 2027, at a CAGR 12.27% from 2022-2027.
A smart city is referred to as a framework which utilizes information and communication technology (ICT) to develop, deploy and promote sustainable development in urban areas. The Smart Cities concept is gaining major popularity due to rapid urbanization and favorable government initiatives worldwide. Hence, with growing urbanization, the need to manage infrastructure and assets is prompting countries across the globe to invest in smart city projects. A smart city goes beyond ICT technologies for better resource use and fewer emissions.
Market Drivers
The rapid increase in urbanization, public safety concerns & need for efficient management of resource utilization, and increasing demand for an environment with efficient energy utilization are the major growth drivers for the Global Smart Cities Market.
Furthermore, rapid increase in global population and growth in the urban population is driving the demand for sustainable infrastructure across the globe. The surging adoption of novel technologies like AI, nanotechnology, cloud computing, big data analytics, IoT, cognitive computing, and open data are the major drivers of the growth of the Smart Cities Market across the globe.
Market Restraints
The rising number of vehicles in cities makes it challenging for traffic departments to manage congestion problems. Also, security concerns over deployment of smart devices in cities is one of the primary factors restraining the growth of the smart cities market. The significant initial investment requirements and rising cases of data theft are some of the major factors restraining the market growth.
Market Segmentation
The Global Smart Cities Market is segmented into application, smart governance, smart utilities, smart transportation, smart citizen services, focus area, and smart buildings.
Regional Analysis
The Global Smart Cities Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the Smart Cities market. The regional market growth has been credited to the constant digital transformation in various industries, such as government, telecom, and banking. The region has a well-developed ICT infrastructure, the collaboration of federal and local governments with ICT vendors, and the presence of prominent technology vendors in the region.
Key Players
Various key players are discussed into the Global Smart Cities Market Report including: ABB Limited, AGT International, AVEVA Group plc., Cisco Systems, Inc., Ericsson, General Electric, Honeywell International Inc., International Business Machines Corporation, Huawei Technologies Co., Ltd., Oracle Corporation, SAP SE, and others.
Market Taxonomy
By Component
By Smart Utilities
By Smart Governance
By Smart Transportation
By Deployment
By Application
By Region
Global Persulfates Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Persulfates Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Persulfates Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Persulfates Market Share Analysis, By Type
5.3 Global Persulfates Market Size and Forecast, By Type
5.3.1 Ammonium
5.3.2 Sodium
5.3.3 Potassium
6 Global Persulfates Market, By End-use
6.1 Y-o-Y Growth Comparison, By End-use
6.2 Global Persulfates Market Share Analysis, By End-use
6.3 Global Persulfates Market Size and Forecast, By End-use
6.3. 1 Polymers
6.3.2 Electronics
6.3.3 Pulp, Paper, And Textile
6.3.4 Oil & Gas
6.3.5 Water Treatment
6.3.6 Others
7 Global Persulfates Market, By Region
7.1 Global Persulfates Market Share Analysis, By Region
7.2 Global Persulfates Market Share Analysis, By Region
7.3 Global Persulfates Market Size and Forecast, By Region
8 North America Persulfates Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Persulfates Market Share Analysis, By Type
8.3 North America Persulfates Market Size and Forecast, By End-use
8.4 North America Persulfates Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe Persulfates Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Persulfates Market Share Analysis, By Type
9.3 Europe Persulfates Market Size and Forecast, By End-use
9.4 Europe Persulfates Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific Persulfates Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Persulfates Market Share Analysis, By Type
10.3 Asia Pacific Persulfates Market Size and Forecast, By End-use
10.4 Asia Pacific Persulfates Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America Persulfates Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Persulfates Market Share Analysis, By Type
11.3 Latin America Persulfates Market Size and Forecast, By End-use
11.4 Latin America Persulfates Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East Persulfates Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Persulfates Market Share Analysis, By Type
12.3 Middle East Persulfates Market Size and Forecast, By End-use
12.4 Middle East Persulfates Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Evonik Active Oxygens
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. RheinPerChemie
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. UI VR Persulfates
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 MITSUBISHI GAS CHEMICAL COMPANY, INC
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Fujian ZhanHua Chemical Co., Ltd
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Ak-Kim
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Yatai Electrochemistry Co. Ltd
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Hebei Jiheng Group
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Fujian Jianou Yongsheng Industry
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
