Report ID: SQMIG45A2355
Smart City Platform Market Size, Share, Growth Analysis, By Offering(Platforms (Connectivity Management Platforms, Integration Platforms, Device Management Platforms, Data Management Platforms), By Delivery Model(Offshore, Hybrid, and Onshore), By Application(Smart Transportation, Public Safety, Smart Energy & Utility, Infrastructure Management), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45A2355 |
Region:
Global |
Published Date: November, 2024
Pages:
196
|
Tables:
92 |
Figures:
74
Smart City Platform Market Dynamics
Drivers
Rising Urbanization
- Growing urbanization around the world is calling for better city management protocols and this is why governments are focusing on smart city initiatives, which in turn is projected to boost the demand for smart city platform going forward.
Supportive Investments from Public Sector
- Smart cities are being fueled by investments from the public and private sectors. As governments emphasize and support the development of smart cities, this is estimated to augment the demand for smart city platforms in the future.
Restraints
Data Privacy Concerns
- Smart city platforms store important data regarding a city’s infrastructure and citizens living in it. Smart city platforms are connected to the internet, which makes them vulnerable to cyber-attacks and raises data privacy concerns. This could impede smart city platform market growth in the future.
Smart City Platform Market Report Snapshots
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