New York, NY -- (SBWIRE) -- 09/18/2018 -- Research analysts at Research N Reports project that the global smart community market will grow at an average annual rate of +18% over the forecast period. The need for energy saving is a key growth engine for this market. Smart communities are implementing ICT solutions to reduce carbon footprint, reduce power consumption, and improve quality of life. As citizens become increasingly aware of the scarcity of resources, they are turning to developing digital infrastructure services that conserve resources. Energy consumption is growing very quickly due to increased use of electronics for home and entertainment purposes. Smart grid technology is the driving force of smart power management systems and can help manage and reduce power consumption.

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QYResearchReports.biz has announced the addition of a report, titled "Global Smart Communities Market Size, Status and Forecast 2025," to its vast repository. The report is a professional effort for a know-how of the growth of Smart Communities market in the forthcoming years. The U.S., Japan, India, European Union, China, and Southeast Asia are the key geographies that are analyzed to understand the growth of the global market for Smart Communities until the end of 2025.

Segmentation by IT solution and analysis of the smart communities market

Smart community grid
Smart community building
Smart community transportation
Smart community water

The report also offers extensive research on the key players in this market and detailed insights on the competitiveness of these players. The key business strategies such as mergers & acquisitions, partnerships, collaborations, and contracts adopted by the major players are also identifies and analyzed in the report. For each company, the report recognizes their manufacturing base, competitors, product type, application and specification, pricing, and gross margin. Business overview, financial standing, product portfolio and specification, and SWOTs are the parameters based on which these companies are profiled in this report.

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This report begins with an overview of terms and terminology, rules and notations that relate to the context of Smart Communities and applications in the area of information and communication technology. The following is a market overview section that analyzes key market segments and their growth behavior during the forecast period. This section also covers the cost structure and demand-supply logistics that are critical to identifying the growth curve of the Smart Communities market during the forecast period. The report includes a complete section that describes the regulatory framework that manages the requirements for intelligent light control functions.

The report is presented after an extensive research phases that involved tapping into industry-centric databases for data collection followed by data scrutiny. Extensive interviews were carried out with industry opinion leaders to obtain their viewpoint about the growth behavior of the Smart Communities industry.

In this report, the global Smart Communities market is studied on the basis of type and application. Each of these segments is examined and projections provided until the end of the forecast period in 2025. A notable feature of the report is an analysis of key end users of Smart Communities over the forecast period. Technical capabilities and distribution of data centers that are important to gauge Smart Communities requirements of these end users have also been covered in this report.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market

Important changes in market dynamics

Market segmentation up to the second or third level

Historical, current, and projected size of the market from the standpoint of both value and volume

Reporting and evaluation of recent industry developments

Market shares and strategies of key players

Emerging niche segments and regional markets

An objective assessment of the trajectory of the market

Recommendations to companies for strengthening their foothold in the market

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