NJ New Jersey, USA -- (SBWIRE) -- 04/10/2023 -- The Latest research study released by AMA Research "Smart City Platforms Market" with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this Research are AWS (United States), Bosch.io (Germany), Cisco (United States), Ericsson (Sweden), Fujitsu (Japan), Google (United States), IBM (United States), Microsoft (United States)Oracle (United States), SAP (Germany) etc.

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Definition:
A smart city is a system of systems. These systems can include various facilities like building automation systems, smart transportation systems, smart lighting systems, security and control systems, intelligent grids, renewable power, water treatment, and supply, etc. Smart governance is one of the characteristics of smart cities. Smart city platform increases the efficiency of government programs and helps them reach their beneficiaries. Increasing internet penetration plays a crucial role in establishing smart city platforms, as they enable IoT connections that act as a base for smart city platforms.

Market Drivers:
Preference for platforms over standalone solutions
Exponentially rising urban population actuating smart management

Market Trends:
Increasing adoption of IoT technology for infrastructure management and city monitoring
Digital transformations driving smart cities

Market Opportunities:
Industrial and commercial deployments of smart city platforms
The rise in smart city initiatives worldwide

The Global Smart City Platforms Market segments and Market Data Break Down are illuminated below:
by Application (Smart Mobility/Transportation, Extended City Services, Smart Utilities, Infrastructure Management, Environment Planning, Other), Delivery Model (Offshore, Hybrid, Onsite), Offerings (Platforms (Connectivity Management Platform, Integration Platform, Device Management Platform, Security Platform, Data Management Platform), Services (Professional Services, Managed Services))

Global Smart City Platforms market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

Key Developments in the Market:
November 2019 - Microsoft announced several new features in Azure to accelerate the development and success of smart city solutions. The majority of the updates involve Azure Maps. For instance, the cloud solution now uses weather services to give cities an easy way to integrate real-time weather data into their applications. It also integrates with the mobility-as-a-service company, Moovit, and visual assistance app Aira to make public transport more accessible to blind or low-vision users.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
-To carefully analyze and forecast the size of the Smart City Platforms market by value and volume.
-To estimate the market shares of major segments of the Smart City Platforms
-To showcase the development of the Smart City Platforms market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Smart City Platforms market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Smart City Platforms
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Smart City Platforms market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:

Smart City Platforms Market Study Coverage:
It includes major manufacturers, emerging player's growth story, and major business segments of Smart City Platforms market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.

Smart City Platforms Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
Smart City Platforms Market Production by Region Smart City Platforms Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Smart City Platforms Market Report:
Smart City Platforms Overview, Definition and Classification Market drivers and barriers
Smart City Platforms Market Competition by Manufacturers
Impact Analysis of COVID-19 on Smart City Platforms Market
Smart City Platforms Capacity, Production, Revenue (Value) by Region (2022-2027)
Smart City Platforms Supply (Production), Consumption, Export, Import by Region (2022-2027)
Smart City Platforms Production, Revenue (Value), Price Trend by Type {}
Smart City Platforms Market Analysis by Application {Smart Mobility/Transportation, Extended City Services, Smart Utilities, Infrastructure Management, Environment Planning, Other}
Smart City Platforms Manufacturers Profiles/Analysis Smart City Platforms Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing

Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
How feasible is Smart City Platforms market for long-term investment?
What are influencing factors driving the demand for Smart City Platforms near future?
What is the impact analysis of various factors in the Global Smart City Platforms market growth?
What are the recent trends in the regional market and how successful they are?

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