Smart Buildings and Infrastructure Forms More than 30% of Smart City Market

Date: 2015-10-26

The use of technology has becomes part of our day to day life. Besides individuals and corporates governments are now adapting various services by introduction automation and smart technology.  Major segments like transport, traffic management energy management, water management, waste management, proper healthcare …the possibilities are infinite.

Smart cities are coming of age due to various factors. Some of the key growing drivers for smart cities are the increasing rate of urbanization, initiative from the governments in developing countries and ageing infrastructure in developed countries which needs to be replaced by newer upgraded technology.

Smart buildings and infrastructure forms the more than 30% of the smart city market. The assets associated with the infrastructure actually degrade with increase in population, migration, exponential growth of urbanization and they need regular upgradations which the latest technology is introduced. The market for global intelligent building automation technologies is likely to increase as better tools and technologies are launched and awareness increases. North America leads the intelligent building automation technologies market followed by the EMEA region. The market is likely to register a fast growth as Governments across countries are offering tax benefits to green initiatives. 

Key Players
1. IBM
2. Cisco
3. Schneider Electric
4. Siemens
5. Hitachi
6. Accenture
7. Toshiba
8. General Electric
9. Oracle
10. Capgemini
11. AGT International
12. Alvarion
13. Atos
14. Echelon Corp
15. Libelium
16. Deutsche Telekom AG
17. Living PlanIT
18. Panasonic
19. Microsoft
20. Alstom
21. Honeywell
22. Intel
23. Landis & Gyr
24. Alcatel – Lucent
25. Arup
26. Johnson controls
27. Lockheed Martin
28. Mitsubishi
29. Oracle
30. SAP
31. Huawei
32. Itron
33. Silver Spring Networks
34. ABB
35. Ericsson

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