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.