Global Smart Cities IT Services Market

When it comes to Smart Cities, it is important to recall that, we talk about: the right service at the right time to the right people; we talk about: sustainable development and long term sustainable profit; we talk about: smart infrastructures and grids, smart transportation and living conditions, to name a few.

Progressively, governments around the world become aware of this new paradigm and its powerful impact in urban eras where challenges of all nature emerge at the rapid space.

Emerging technologies including IoT, Big data, Analytics, and cloud computing play a critical role in this momentum when it comes to inter alia: collect and analyze data; help smart city planners and other authorities to take informative decisions.

Beyond a set of constraints related to initial costs, and natural concerns related to data security and privacy, according to Research and Markets, the market for global smart cities IT services is growing rapidly, and smart grids and Smart water are among emerging trends that fuels the growth of this market.