Smart Cities News

Traffic problems to propel growth of intelligent transport system market

Traffic problems to propel growth of intelligent transport system market

The increase in traffic congestion, together with the rise in the number of road accidents, is expected to drive the growth of the ITS market between now and 2024.

Connected lighting market set to grow by nearly 30% by 2023

Connected lighting market set to grow by nearly 30% by 2023

Smart cities will be a major driver of the expansion with APAC expected to register the highest incremental growth due to increasing technology awareness by governments.

Smart street lighting market to grow $675m by 2023

Smart street lighting market to grow $675m by 2023

The Asia Pacific region is expected to register the fastest growth, driven by the increasing awareness and adoption of technology of governments.