A "smart city," such as the one described above, is any urban center that adopts a coordinated approach to using data and technology to improve the lives of the citizens and businesses that inhabit it.
The transportation segment to show the highest growth rate during the forecast period.
The healthcare segment to record higher investment and growth in 2020
Software.
The Internet of Things (IoT) is the core technology upon which smart cities are built. The sensors in IoT-enabled devices constantly collect data and feed it into analytics platforms, which provide targeted insights that city officials can use to make improvements. IoT smart cities require 4G/ 5G and other modern networking connectivity to thrive - if devices are unable to collect data and "speak" to each other, no positive changes can be made. To ensure a high level of connectivity, city officials and authorities must work closely with network operators to position multiple points of connectivity throughout the city....