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.
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A full report of Global China Smart Cities Market is available at: https://www.orionmarketreports.com/china-smart-cities-market/59510/
The following Segmentation are covered in this report:
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).
The report covers the following objectives:
- Proliferation and maturation of trade in the global China Smart Cities Market.
- The market share of the global China Smart Cities Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global China Smart Cities Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global China Smart Cities Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
