Big Data Market in Smarter Cities

The "Big Data Market in Smarter Cities: By Types; By Application -Forecast (2017-2022)" report has been added to Research and Markets' offering.

Big Data can be best defined as the capture, storage, search and analysis of large and complex data sets which are generally difficult to be processed or handled by traditional data processing systems. Smart city corresponds to the integration of Information and Communication Technology (ICT) and Internet of Things (IoT) in a secure fashion to manage the cities assets, such as schools, hospitals, power plants, waste management among others.

Smart cities utilize several technologies to improve the performance of health, transportation, energy, education, etc., among others, in order to provide higher levels of comfort of their citizens. One such technology that has a huge potential to enhance smart city services is big data analytics, it plays a key role in making cities smarter.

The report big data market in smarter cities is segmented into four verticals: By data generators, by type, by data type, by application. Data generators refer to the sensors, recorders, consumer electronic goods and few others which act as data sources.

Government regulations to deploy big data analysis in smart home concept in order improve the living standards of people, enhanced technologies in smart traffic to manage the traffic efficiently among others acts as key growth drivers of big data market in smarter cities.