Smart Cities: Global Outlook and Forecasts 2014 - 2019
June 26, 2015 | PRNewswireEstimated reading time: 1 minute
A large percentage of the global population lives in an urban environment, a rapidly accelerating trend that is taxing the resources and management capabilities of city governments. In addition, the enhanced mobility of modern society has created extreme competition between cities to attract skilled residents, corporations, and related jobs.
Smart Cities are much more than just an effort by sovereign nations to modernize their infrastructure - they are a focal point for growth drivers in several key ICT areas including: M2M/IoT, Connected Devices, Broadband Wireless, Cloud Computing, Big Data and Analytics. Smart City developments are causing many technologies and solutions to integrate with convergence seen across with many resource areas including energy, water, sanitation, and other essential services.
There are many technologies involved in support of Smart Cites. Systems and resources are intertwined as mobility, communications, energy, water, platforms, monitoring/control, performance management, predictability and forecasting all merge together. This convergence is being realized first in a few leading industries such as home entertainment and automobiles.
Mind Commerce forecasts that growth in certain related solutions and services areas will realize a blistering pace such as Connected Car Systems, which are expected to see growth of 67% CAGR from 2014 through 2019. All purchases of Mind Commerce reports includes time with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This needs to be used within three months of purchasing the report.
Suggested Items
Element Solutions Increases Second Quarter and Full Year Outlook
07/07/2025 | BUSINESS WIREElement Solutions Inc announced an increase to its full year 2025 and second quarter outlook. For its second quarter, the Company expects net income in the range of $45 million to $55 million and adjusted EBITDA to be approximately $135 million.
Europlacer Expands U.S. Reach with New Eastern Region Representative
06/30/2025 | EuroplacerEuroplacer, a global leader in flexible SMT assembly solutions for High-Mix manufacturers, is pleased to announce the appointment of Photo Chemical Systems as its new representative for the Eastern United States.
TrustPoint Launches Third Satellite and Successfully Establishes First Contact
06/26/2025 | BUSINESS WIRETrustPoint, a pioneer in next-generation space-based positioning and navigation solutions, is proud to announce the successful launch and first contact of its third free-flying satellite, Time Flies, aboard the latest rideshare launch out of Vandenberg Space Force Base on Monday.
CEE PCB Appoints KT Technical Solutions as North American Sales Representative
06/23/2025 | CEE PCBStrategic Partnership Expands CEE PCB’s Reach into the North American Market with a Focus on Customer-Centric Service and High-Quality Manufacturing
Silicon Mountain Implements Vorne XL Production Monitoring System to Boost Efficiency and Visibility
06/19/2025 | Silicon MountainSilicon Mountain Contract Services, a leading provider of custom electronics manufacturing solutions, announced the recent implementation of the Vorne XL real-time production monitoring system.