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Investments in smart cities with a record growth

European countries priorities are different

  • February 23, 2018 13:00
  • Author Monika Dimitrova
Medium architecture 1837176  340
Source: Pixabay

Costs associated with initiatives to create smart urban infrastructure are increasing. The rate of investment will continue to increase even up to 2021. Recently, smart city programs have evolved from a series of separate projects into a large, growing market that will attract significant technology investments in 2018 and in the next years.

Towards the strategic directions that attract the greatest investment, analysts include intelligent transport management systems, public security, the continued work of the energy sector and other urban infrastructure. From a cost perspective, driving scenarios for smart city technology are expected to become road traffic and urban transport management systems, fixed video surveillance, smarter intelligent lighting, and environmental monitoring.

Source: Tech news

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