Smart City Tech Revenues To Hit $27.5B in 2023

SUSTAINABLE BRANDS – July 8 – Worldwide revenues from smart city technologies will triple from $8.8B in 2014 to $27.5B in 2023. The growth is driven by adoption of smart city technology in cities to manage development in a great number of areas, including communications, sensor networks, geospatial analysis and more. Growing urban populations are largely responsible for the growth. The Asia Pacific smart city market is expected to be worth $11.3B annually by 2023.

by Mike Hower
See full article at Sustainable Brands