Among all domains of application for IoT, the Smart Cities are becoming the biggest field of application for IoT technologies. The Smart Cities offer the most realistic opportunity to bring the social, environmental and economic benefits of the IoT to more than 70% of the European population living in cities that provide a home, and to the rest of the world. Globally, the Smart Cities market will reach $2,578.06B in 2023 with a CAGR of 20% from 2017 to 2023.
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