Global Smart Cities Market Insights, Size and Growth Forecast To 2027
The Global Smart Cities market has fuelled the market demand owing to its influential demand for advance technology and the integration process. The global smart cities market expected to bolster the market growth with 18% CAGR in the forecast period from 2020-2027. The advancement in technology like cloud computing, IoT, and a massive amount of data emergence due to increasing smartphones internet has allowed the users to transfer the data on the cloud and accessed anywhere around the world. Moreover, with the increasing speed of the mobile internet has laid the foundation for the application of smart cities. Smart cities will help in building an integrated ecosystem that helps in managing all the sensors, alarm, and meters with one control center through the support of data centers. Additionally, sustainable urbanization and cities have faced severe resource and environmental and transportation pressures, and the urban construction model urgently needs to be ...