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Smart Cities Market (2011 2016) Projects, Advanced Technologies, Adoptions & Transformations Worldwide Market Report
MarketsandMarkets - 5/8/2012 - 318 Pages - ID: MKMK3877192
Abstract | Table
Rapid urbanization of cities is posing infrastructural challenges to governments and municipalities, globally. As more and more people transcends into urban settings, we would require more cities to live in. Current trends show that in the next 20 years, urban population will cross 5 billion mark. As cities grow and expand their services, management and governance become increasingly complex. Thus transformation of the cities is needed to address the social, economic, engineering, and environment challenges.
A smarter, efficient city that would encompass aspects of intelligent transportation, security, energy management, CO2 emissions, and sustainability is the ideal option for decision makers and authorities. Smart technologies which are the engines of the smart city market are environmentally friendly; as they reduce CO2 emissions, energy costs and provide operational ease. These technologies are designed with features that can identify problems at a very early stage, enhance security and safety of people living in the cities.
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