Zion Market Research has published a new report titled “Smart City Market by Application Area (Transportation, Construction, Power Management, Water & Waste Management, Healthcare, and Others) and by Component (Hardware, Software, and Service): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024”. According to the report, the global smart city market accounted for USD 955.3 billion in 2017 and is expected to reach USD 2,700.1 billion globally by 2024, growing at a CAGR of around 16% between 2018 and 2024.

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