+18% CAGR Projection for Smart Communities Market: Expert Research on Current Scenario, Market Analysis, Product Analysis
The need to save energy is a key growth driver for this market. Smart communities are implementing ICT solutions to reduce carbon footprints, reduce power consumption, and to improve the quality of life. As citizens are becoming increasingly aware of resource scarcity issues, the focus has shifted to develop digital infrastructure services that conserve resources. Energy consumption has been increasing at a very high rate as a result of the increased usage of electronic devices for home and entertainment purposes....
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