According to a recent report published by Allied Market Research, titled, “Smart Cities Market by Component and Functional Area: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global smart cities market size was valued at $648.36 billion in 2020, and is projected to reach $6,061.00 billion by 2030, growing at a CAGR of 25.2% from 2021 to 2030. …
Tag Archives: Smart Cities Market Report
Smart Cities Market in Saudi Arabia Ready to Hit $14,745.2 million by 2027, at CAGR of 19.6% details shared in the report
The environmental friendliness of smart cities and technological advancements in IoT and cloud technologies are expected to open lucrative opportunities for the market players in the future. Rise in efforts to minimize oil dependency, proactive smart city initiatives, and surge in investments by government have boosted the growth of the Saudi Arabia smart cities market. Key market …