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Global smart city technology revenue to reach $1.7 trillion by 2028

Revenue for the global smart city technology market will reach $1.7 trillion by 2028, according to market intelligence firm Navigant Research.

Smart cities are gradually instrumenting the urban fabric at every layer, and cross-sector benefits are starting to be realized.

This is what we mean with IoT interoperability. That IoT services can communicate through a plethora of standards to any type of sensor. Across every domain or sector. Enabling cross-domain services with real-time, technology-neutral, normalized data.