How Electric Utilities Will Drive Smart City Adoption

The worldwide smart cities market is expected to pass the $1 trillion mark in 2019 to eventually reach $3.48 trillion by 2026. Ignited by advances in information technology, communications and the expansion of the Internet of Things (IoT), this explosive growth for the smart cities market is opening the doors to incredible opportunities for municipalities – connecting and streamlining everything from street lights to traffic lights, police reporting and more.

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