Global smart city tech spending to reach $124 billion: Analysing the market outlook
When governments invest in new infrastructure, information technology (IT) is now a key component of their development plan. Very large municipal governments, in particular, are spending more on smart city projects that provide their citizens with many unique advantages.
Furthermore, the IT infrastructure advancement trend is gaining momentum across the globe, as established and emerging technology applications are adopted by the forward-thinking leaders.
Global spending on smart cities initiatives are...