The Daily Dose

The World Bank estimates that by 2050 the global urban population will double in size, putting ever-increasing pressure on city streets, housing markets, infrastructure, government services, and the environment. Luckily, over the last few years, advancements in the fields of AI, IoT, robotics, and the ongoing deployment of 5G have made the timing ripe for new technological solutions to come to the rescue. In 2023, the global smart cities market was valued at $748.7 billion and is projected to grow at a compound annual growth rate (CAGR) of 25.8% from 2023 to 2030. These new solutions are set to reshape…

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