Global Big Data Market in Smarter Cities to Exceed Valuation of USD 1777.90 million at an 30.50% CAGR by 2029
Global big data market in smarter cities was valued at USD 211.36 million in 2021 and is expected to reach USD 1777.90 million by 2029, registering a CAGR of 30.50% during the forecast period of 2022-2029.
A large scale Global
Big Data Market research report is prepared by conducting a systematic,
objective and exhaustive study of the details related to several subjects in
the field of marketing. Not to mention, various steps for gathering, analysing
and recording the data and information have been utilized for generating the report.
This market report truly analyses the potential of the market with respect to
current scenario and the future prospects by taking into consideration numerous
industry aspects. The market drivers and restraints have been explained here
using SWOT analysis. Businesses can confidently refer this top-quality Global
Big Data Market report to accomplish an absolute success.
The market analysis included in the Global Big Data Market report gives an
assessment of various segments that are relied upon to witness the quickest
development amid the approximated forecast frame. The numerical and statistical
data has been denoted in the graphical format for a clear understanding of
facts and figures. It not only identifies emerging trends along with major
drivers, challenges and opportunities in the market but also analyses them
efficiently. Global Big Data Market report contains historic data, present
market trends, environment, technological innovation, upcoming technologies and
the technical progress in the related industry.
Global Big Data
Market in Smarter Cities Scope and Market Size
The big data market
in smarter cities is segmented on the basis of data generators, technology,
deployment, application, programming model and analytical tool. The growth
amongst these segments will help you analyze meagre growth segments in the
industries and provide the users with a valuable market overview and market
insights to help them make strategic decisions for identifying core market
applications.
Data Generators
·
Sensors
·
Actuators
·
Digital
Signage
·
Cameras
·
Others
Technology
·
Network
Technology
·
Storage
Deployment
·
On
Cloud
·
On
Premise
·
Hybrid
Programming
Model
·
Parallel
Algorithm
·
Distributed
Algorithm
Analytical
Tool
·
Hadoop
·
NoSQL
Application
·
Smart
Governance
·
Smart
Energy
·
Smart
Building
·
Smart
Mobility
·
Smart
Infrastructure
·
Others
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Some of
the key questions answered in this report:
·
How has the Global Big Data Market in Smarter
Cities performed so far and how will it perform in the coming years?
·
What has been the impact of COVID-19 on the Global
Big Data Market in Smarter Cities?
·
What are the key regional markets?
·
What is the breakup of the market based on the
procedure?
·
What is the breakup of the market based on the
injury location?
·
What is the breakup of the market based on the
end user?
·
What are the various stages in the value chain
of the industry?
·
What are the key driving factors and challenges
in the industry?
·
What is the structure of the Global Big Data
Market in Smarter Cities and who are the key players?
·
What is the degree of competition in
the industry?
Market Analysis and Insights: Global Big Data
Market in Smarter Cities
·
Smart cities have adopted smart governance,
smart energy, smart buildings, smart mobility, smart infrastructure, smart
technology, smart healthcare, and smart citizen solutions and technologies. Big
Data makes it easier to develop smart cities by providing useful insights from
vast amounts of data gathered from diverse data producers.
·
The increased use
of big data analytics by governments to improve smart cities and people's
quality of life is what is driving the market for big data in smarter cities.
The Internet of Things (IoT) and big data analytics are combined to make cities
smarter and more sensible. Smart cities include both the essentials and
cutting-edge technology for comfortable and high-quality living. Big Data makes
it easier to develop smart cities by providing useful insights from vast
amounts of data gathered from diverse data producers. As a result, the big data
market in smarter cities will further propel over the forecast period.
·
This big data
market in smarter cities report provides details of new recent developments,
trade regulations, import-export analysis, production analysis, value chain
optimization, market share, impact of domestic and localized market players,
analyses opportunities in terms of emerging revenue pockets, changes in market
regulations, strategic market growth analysis, market size, category market
growths, application niches and dominance, product approvals, product launches,
geographic expansions, technological innovations in the market.
COVID-19 Impact on Big Data Market in Smarter
Cities
·
The big data market in smarter cities was
immensely impacted by the outbreak of COVID-19 as the governments and local
authorities have enacted strict lockdowns, movement restrictions, and the
closure of neighborhood brick and mortar stores. The lockout had an impact on
financial flow for the businesses, which had an impact on investments in smart
cities. The whole world's attention was directed toward containing the rising
virus, resulting in the big data market in smarter cities suffering. Also, the
shortage of workers has impacted the ability of the government and other
stakeholders to fulfil the requirements of intelligent city planning and initiatives.
Additionally, the pandemic seriously affected the global manufacturing and
healthcare industries.
·
However, several organizations have tried
integrating cutting-edge technology like AI and IoT in order to address the
issues caused by the pandemic. Digital city adoption is expected to be aided by
the use of e-health and e-government services, as well as by emerging trends
like remote employment, online education, and use of technology in common
people's daily lives. With the start of vaccination campaigns and the restart
of markets and trading near the end of the year, the market appeared to be
recovering; however, the terrible second wave of the pandemic put an end to
this. It may take some time before the global smart city market recovers to its
pre-pandemic levels because of the ongoing semiconductor shortage, the energy
crisis, and the Omicron-variant coronavirus appearance.
Global Big Data Market in Smarter Cities
Country Level Analysis
The countries covered in the
big data market in smarter cities report are U.S., Canada and Mexico in North
America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia,
Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South
Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest
of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel,
Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle
East and Africa (MEA), Brazil, Argentina and Rest of South America as part of
South America.
Global Big Data Market in Smarter Cities Share
Analysis
The big data market in
smarter cities competitive landscape provides details by competitor. Details
included are company overview, company financials, revenue generated, market
potential, investment in research and development, new market initiatives,
global presence, production sites and facilities, production capacities,
company strengths and weaknesses, product launch, product width and breadth,
application dominance. The above data points provided are only related to the
companies' focus related to big data market in smarter cities.
Key player Global Big Data Market in
Smarter Cities
·
Cisco
Systems, Inc. (U.S.)
·
IBM
(U.S.)
·
Siemens
(Germany)
·
Microsoft
(U.S.)
·
Hitachi
Ltd. (Japan)
·
Schneider
Electric (France)
·
Huawei
Technologies Co., Ltd (China)
·
Intel
Corporation (U.S.)
·
NEC
Corporation (Japan)
·
ABB
(Switzerland)
·
Telefonaktiebolaget
LM Ericsson (Sweden)
·
Itron
Inc., (U.S.)
·
Oracle
(U.S.)
·
Fujitsu
(Japan)
·
Honeywell
International Inc.,(U.S.)
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MAJOR
TOC OF THE REPORT
·
Chapter
One: Introduction
·
Chapter
Two: Market Segmentation
·
Chapter
Three: Market Overview
·
Chapter
Four: Executive Summary
·
Chapter
Five: Premium Insights
·
Chapter
Six: Global Big Data Market in Smarter Cities Share by Product & Procedure
type
Get TOC Details:
https://www.databridgemarketresearch.com/toc/?dbmr=global-big-data-market
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