Government & Public Sector
The government & public sector has adopted the technology to their administration owing to a growing appetite for all things virtual, digital and augmented reality. The automation and data analytics have helped the government agencies and public administration to strengthen the financial integrity of their programs that are for the public welfare and development. To avoid the chasing down of funds, the many state governments are getting federal funds to update legacy systems. The manual work associated with the state government is programmed with the help of technology in place. The government has become more transparent and accurate. The states are also seeing it as an opportunity to improve the integrity of those programs. Sometimes those legacy systems required a lot of manual work for employees to verify information or look across a number of different benefit programs but now with new technology in place, state agencies can more easily get a full and more accurate view of payments. The organizations that are engaged in public services such as law enforcement, tax, infrastructure, public transition and education, and volunteer sectors are integrating technology for surveillance and public safety.
The Global Smart Building Market to grow from USD 9,423.13 Million in 2018 to USD 38,756.15 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 22.38%. Some of the major market players include Cisco Systems, Inc., Hitachi, Ltd., Huawei Technologies Co. Ltd., Intel Corporation, and Siemens AG.
The Global Smart Pole Market to grow from USD 6,974.58 Million in 2018 to USD 18,938.07 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 15.33%. Some of the major market players include Cree, Inc., General Electric Company, Philips Lighting Holding B.V., Syska LED Lights Private Limited, and Virtual Extension Ltd..
The Global Smart Home Market to grow from USD 63,957.37 Million in 2018 to USD 154,697.43 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 13.44%. Some of the major market players include Cisco Systems Inc., General Electric, Johnson Controls Inc., LG Electronics Inc., and United Technologies Corporation.
The Global Smart City Market to grow from USD xx.xx Million in 2018 to USD xx.xx Million by 2025, at a Compound Annual Growth Rate (CAGR) of xx.xx%. Some of the major market players include AT&T, Bentley Systems, Cisco, Cisco Systems, and Ericsson.