Smart Cities Market in Asia-Pacific Is Expected to Witness the Fastest Growth Among All Regions
Smart cities market size is set to cross $2,578.0 billion by 2023, growing at a CAGR of above 20.0% during 2017-2023. Due to significant growth in automation technologies such as internet of things (IoT) and adoption of cloud-based technologies, the market for smart cities is gaining huge traction. In addition, effective city asset management for public welfare, substantial operational cost savings, and automated public data generation applications contribute to the growth of the market.
View full press release