The firm forecasts that the global smart city technology market will grow from $6.1 billion in annual revenue in 2012 to $20.2 billion by 2020. Smart cities integrate technology into a strategic approach to sustainability, Navigant Research says.
Five segments are the focus for smart city investment: smart energy, smart water, smart transportation, smart buildings and smart government…
The report profiles these vendors and ranks the top 10, which are:
- Schneider Electric
- General Electric