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Smart Cities to Create Business Opportunities Worth $2.46 Trillion by 2025, says Frost & Sullivan

In observance of World Cities Day on October 31st, our experts reveal key findings on the smart city ecosystemSANTA CLARA, Calif., Oct. 29, 2020 /CNW/ --A The uncertain post-pandemic situation will compel smart cities to focus more on developing collaborative, data-driven infrastructure to provide appropriate healthcare facilities as well as public security services. They will create significant business opportunities with a market value of $2.46 trillion by 2025.
Smart Cities to Create Business Opportunities Worth $2.46 Trillion by 2025, says Frost & Sullivan
For further information on this analysis, please visit:https://frost.ly/4r3"Smart cities will focus on data-driven and connected infrastructure, which will lead to higher adoption of technologies like AI and 5G. They will prioritize more digitalized services and a strong data analytics infrastructure, leading to increased spending toward technology," said Malabika Mandal, Visionary Innovation Group Industry Analyst at Frost & Sullivan.
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