India Smart Cities Market - Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2

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SMART CITY SMART CITIES MARKET IN INDIA PUBLISHED DATE - Sep 2017 No. of Pages - 91 Country - India Category - Technology

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MARKET ANALYSIS The smart cities market in India to grow at a CAGR of 18.5% during the forecast period.

The market is segmented into city types and applications.Â

SUMMARY Smart cities are gaining market traction as there is a compulsive search for land to accommodate more than 7 billion people on the planet. the governments in many countries have come up with a concept of smart cities, which will be enabled by the intelligent information and communication technology.Â

 As stated in the report, India is one of the fastest and largest growing markets for smart cities due to the initiatives and the use of technology.

The Tier 2 metro cities will have the highest growth rate due to the declaration of government initiatives and private investments from the software providers. Moreover, the Government of India has already planned and mentioned the first 20 smart cities.

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