Smart cities predicted to create $2.46 trillion worth of business opportunities by 2025

Smart cities business

According to analysis from Frost & Sullivan, post-pandemic, investment in smart projects like smart grids, autonomous vehicles, smart lighting and e-governance will gain traction. Smart cities are forecast to create ‘significant’ business opportunities with a market value of $2.46 trillion by 2025, new analysis finds. An uncertain post-pandemic situation, according to Frost & Sullivan, will compel smart cities to focus on developing collaborative, data-driven infrastructure to provide appropriate healthcare facilities as well as public security services. Smart initiatives Investments in smart initiatives are also expected to rise over the next…

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