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According to a 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 of smart cities projects. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=88009927 The smart infrastructure segment has the largest market share and is growing at the third highest CAGR during the forecast period. Continuous developments in mobile apps that are based on advanced techn...

According to a research report  " China Smart Cities Market  growth is driven by the increase in population, the need for rapid urbanization, and governments investments and policies to speed up the successful implementation and development of smart cities projects. China Smart Cities Market provide detailed information about the factors influencing market growth (drivers, restraints, opportunities, and challenges) - Global 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 Compound Annual Growth Rate (CAGR) of 14.5%. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=88009927 The video segment is expected to grow at the highest CAGR from 2018 to 2023 China is taking efforts to improve the surveillance of its people by bringing in capabilities, such as Artificial Intelligence (AI), and facial and gait recognition. The video camera ...