Global Smart Cities Market Forecast 2024
The Global Smart Cities Market is expected to reach a mark of USD 3,000 million by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence (AI), personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, increase in residential preference towards adoption of advanced information and communication technologies (ICT) escalates the future market growth.
With the rise of innovation and digitalization of industry applications, particularly in the residential sector, countries across the globe are actively looking for solutions to balance economic, technological and social development. With increase in population, data is also becoming more readily available now-a-days. Communities are turning to innovative information communication technologies (ICT) to re-imagine the way in which people of the residents live, work or play. IoT is playing a significant role in driving safer and smarter cities from changing the vision into reality.
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|Target Nation: All Nations|
Target City : Navi Mumbai
Last Update : 06 November 2018
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|Item Owner : Sandhya Nair|
Contact Phone: +91 22 27810772 / 27810773
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