SMART CITIES BIZ TO TRIPLE TO $27.5BIL

Smart Cities; Smart Technologies and Infrastructure for Energy, Water, Transportation, Buildings, and Government: Business Drivers, City and Supplier Profiles, Market Analysis, and Forecasts

2Q 2014 (Navigant Research)

“…[City leaders are] laying out a vision for how cities can use technology to meet sustainability goals, boost local economies, and improve services. This commitment to changing how cities operate is driving the continued interest in smart cities. Moreover, the smart city concept is evolving…[and a] growing range of suppliers [are delivering] solutions to meet their emerging needs…including energy management, water management, urban mobility, street lighting, and public safety, for example. These innovations are underpinned by general developments in areas such as wireless communications, sensor networks, data analytics, and cloud computing. The smart city concept is also driving new integrated approaches to city operations. Navigant Research forecasts that global smart city technology revenue will grow from $8.8 billion annually in 2014 to $27.5 billion in 2023…” click here for more

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