China Smart Cities Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
The China Smart Cities Market is projected to reach USD 59.9 billion by 2027 from USD 30.4 billion in 2018, at a Compound Annual Growth Rate (CAGR) of 14%.
The Chinese smart city market is driven by various factors such as population growth, the need for rapid urbanization, government investment, and several policies to accelerate the successful implementation and development of smart city projects. On the other hand, the country’s unique development policy for foreign technology enterprises is a major constraint for the growth of the Chinese smart city market.
Market Segments
On the basis of areas
- Smart transportation
- Smart infrastructure
- Video
Key Players
The major vendors in the China Smart Cities Market are Advantech (China), Kontron (Germany), CRRC (China), Hollysys (China), Nari Technology (China), China Railway Electrification Engineering Group (China), Hikvision (China), Dahua Technology (China), and Seavo Technology (China).
Scope of the Report
The research study analyzes the global China Smart Cities industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by China Smart Cities Market Report
1. What was the China Smart Cities Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the China Smart Cities Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the China Smart Cities Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report will be delivered within 48-72 hours after payment confirmation