smart city platforms market
Information Technology

Global Speciality Chemicals Market Size, Drivers, Trends, Opportunities And Strategies – Includes Speciality Chemicals Market Forecast

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

Growing urbanisation is likely to drive innovation in the manufacturing of specialty chemicals, propelling the market during the forecast period.

 

The global speciality chemicals market is expected to grow from $155.03 billion in 2022 to $174.96 billion in 2023 at a compound annual growth rate (CAGR) of 12.9%. The global smart city platforms market size is expected to grow to $277.49 billion in 2027 at a CAGR of 12.2%.

 

Get A Free Sample On The Global Speciality Chemicals Market Report:
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Global Speciality Chemicals Market Segments Include:

  • By Offering: Platforms, Services
  • By Deployment Model: On Premise, Cloud
  • By Delivery Model: Offshore, Hybrid, Onshore
  • By Application: Smart Infrastructure, Smart Governance and Smart Education, Smart Energy, Smart Mobility, Smart Healthcare, Smart Buildings, Other Applications
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global speciality chemicals market in 2021.

 

Major Market Players in the speciality chemicals market include Amazon Web Services Inc., Cisco Systems Inc., Hitachi Ltd., Huawei Technologies Co. Ltd., Intel Corporation, International Business Machines Corporation.

 

Technological developments are a crucial trend that is gaining traction in the market for smart city platforms. To strengthen their market position, major players in the smart city platforms market are focusing on developing innovative technology solutions. Ubicquia, Inc., a US-based provider of intelligent infrastructure platforms for municipalities, utilities, and mobile operators, for example, launched UbiHub in July 2022, allowing cities to deploy public Wi-Fi and cameras that aid in traffic analytics, public safety, and licence plate recognition. It is the industry’s first integrated Wi-Fi 6 device, as well as an edge AI platform that can be put into a photocell socket in 30 seconds and delivers data in minutes. The platform enables communities and law enforcement to scale and transform their existing streetlight infrastructure into a network of connected digital assets at a low cost. It works with 360 million streetlights worldwide.

 

The Speciality Chemicals Global Market Report 2023  provides a speciality chemicals market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The speciality chemicals market forecast analyzes speciality chemicals market size, speciality chemicals market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

Smart city platforms are an open technological architecture that allows municipalities to connect to their existing systems and exchange municipal information with inhabitants or other entities who require it. They are used to encourage innovation and cross-sectoral collaboration.

 

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