With the continuous evolution of information and communications technology, cities are becoming smarter, with some pulling ahead as smarter than others due to strategic investments. According to a recent report by International Data Corp. (IDC), smart city technology spending is expected to hit $81 billion in 2018 and grow to $158 billion by 2022. IDC forecasts the focus of smart initiatives and spending will be intelligent traffic and transit as well as fixed visual surveillance, followed by smart outdoor lighting and environmental monitoring.
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ACEC’S ENGINEERING INC. — Cities Are Competing and Spending to Be ‘Smarter’
Wednesday, January 23rd, 2019Follow InfrastructureUSA
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