According to a report by Frost & Sullivan, smart cities are anticipated to create huge business opportunities across different industries with a total market value of $1.565 trillion by 2020.
Technologies such as smart metering, wireless sensor networks, open platforms, high-speed broadband and cloud computing are key building blocks of the smart city infrastructure.
Research shows that two companies are top vendors in the “smart city” tech market with IBM and Cisco in podium positions. Which other companies supply the technology enabling smart cities to rise? And which are the leaders and which are the followers?
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