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China Smart Cities Market Research Report on Development Trend 2019-2023

The report on the China Smart Cities Market covers Industry Size, market valuation by segmentation as well as region, historical trends, dynamics, country-level analysis for every segment and supply chain analysis

(PresseBox) (Northbrook, IL, )
According to a new market research report "China Smart Cities Market by ICT Components (Hardware, Software, Services), Segments (Smart Infrastructure, Smart Transportation, Video), Market Overview, Trends, Vendor Ecosystem Analysis, and Smart Cities Initiatives - Forecast to 2023” , published by MarketsandMarkets™, The China smart cities market is projected to reach USD 59.9 billion by 2023 from USD 30.4 billion in 2018, at a CAGR of 14.5% during the forecast period.

Growth in this market is mainly driven by the increase in population, need for rapid urbanization, and governments’ investment and several policies to speed up the successful implementation and development lx vsskb suipwy hatofwwp.

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