Smart cities make use of information and communication technology for improving operational efficiency, share information with public and provide a better quality of government service and citizen welfare. The market is majorly driven by the increasing need for communication infrastructure and public safety. In addition, increasing government initiatives and PPP models for smart cities is anticipated to contribute to the market growth. Additionally, need of faster communication technology and increasing adoption of robotics in public services are also factors leading to positive influence on the market. However, privacy and security concerns over IoT are expected to restrain the market growth.
+INFO: Taiwan News
+PHOTO: Taiwan News