Smart is the New Green
The coming decade will see the natural evolution of green products and services into smart products and services, with intelligent sensing technology and Internet connectivity driving better optimization. The need for smarter solutions and energy-efficient living will drive and foster clusters of smart communities called smart cities. Smart cities will be measured on the level of intelligence and integration of infrastructure that connects the healthcare, energy, building, transportation, and governance sectors.
The smart city market will be valued at $2.4 trillion in 2025. Out of this share, 47.5% of projects will be in the smart energy, infrastructure, and building spaces
There will be more than 26 smart cities by 2025, with the majority in North America and Europe