Global market for smart city ICT seen to reach USD 994.6billion by 2023
1 aprile 2019
Dubai, United Arab Emirates, xxx March 2019: The global market for smart city information and communications technology (ICT) is forecasted to hit the USD 994.6-billion mark by 2023 from USD 476.7 billion in 2018, representing a compound annual growth rate (CAGR) of 15.8 percent, a report by BCC research showed. The report attributed the exponential expansion to the rising number of smart cities worldwide in light of the rapid urbanization rate, booming population, and calls for sustainable development.