As per the latest estimate from IDC, investments in technologies enabling smart cities in the MEA region is expected to hit the USD 2.30-billion mark by 2021. Given that large funding is needed to build smart cities, public-private partnerships (PPPs)
Smart City initiatives will attract technology investments of more than $81 billion globally in 2018, and spending is set to grow to $158 billion in 2022, according to the new release of the International Data Corporation (IDC) Worldwide Semiannual Smart Cities Spending Guide.
In its latest report issued by IDC, spending on the technologies that enable Smart City initiatives is forecast to reach $1.26 billion for the Middle East and Africa (MEA) region in 2018 and is expected to reach $2.30 billion in 2021. Cities across the region are implementing digital transformation initiatives within urban ecosystems in order to […]
