Canada Smart Cities Market worth $3.39 Billion by 2030, growing at a CAGR of 10.56%: Report by Pristine Intelligence

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Canada Smart Cities Market Size Was Valued at USD 1.52 Billion in 2022 and is Projected to Reach USD 3.39 Billion by 2030, Growing at a CAGR of 10.56 % From 2023-2030.

the Canada Smart Cities Market represents a rapidly evolving segment within the country's urban development and technology landscape, driven by factors such as urbanization, sustainability goals, technological advancements, and government initiatives to enhance livability, efficiency, and resilience in cities. Smart cities leverage digital technologies, data analytics, and Internet of Things (IoT) solutions to improve infrastructure, enhance public services, optimize resource management, and foster innovation and economic growth.

 

Leading players involved in Canada Smart Cities Market include:

ABB Limited (Switzerland), Accenture (Ireland), Ericsson (Sweden), GE (USA), Hitachi (Japan), IBM (USA), Intel (USA), Microsoft (USA), Oracle (USA), Google LLC (US), Cisco (US), Panasonic (Japan), Siemens (Germany), Smart City Systems (Canada), Thales (France), Verizon (USA), Waterloo Innovation Centre (Canada), Wipro (India), Clevest Solutions Inc (Canada), Ecopia Tech Corporation (Canada), and Other Major Players

 

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Opportunities:

the Canada Smart Cities Market lies in the development of integrated, interoperable, and citizen-centric smart city solutions that address the unique needs and priorities of Canadian communities. Smart cities initiatives in Canada can focus on areas such as smart mobility, sustainable energy, digital governance, civic engagement, public health, and environmental stewardship. By fostering collaboration between government agencies, technology providers, startups, academia, and civil society, smart cities projects can leverage local expertise, foster innovation, and co-create solutions that promote inclusive growth and quality of life for all residents.

 

Segmentation of Canada Smart Cities Market:

By Solution and Service

·         Smart Mobility Management

·         Smart Public Safety

·         Smart Healthcare

·         Smart Building

·         Smart Utilities

·         Others

 

By Component

·         Hardware

·         Software

·         Service

 

By Level

·         Emerging Smart Cities

·         Developing Smart Cities

·         Mature Smart Cities

 

By End-user

·         Government & Municipalities

·         Transportation & Logistics

·         Energy & Utilities

·         Healthcare

·         Education

·         Others

 

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