Smart city traffic technology solutions deployed to ease chronic congestion in cities around the world are forecast to generate US$4.4 billion in revenue in 2023, up from $2 billion in 2019.
Revenues generated by fintech platforms will reach US$638 billion by 2024, driven by increasing consumer acceptance of fintech-powered solutions, according to a newly published research.
Smart street lighting deployments will realise US$15 billion in cumulative energy savings for cities upto 2023, according to a newly published global report.
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