Global IoT Market in Smart Cities Expected to Reach New Heights in 2023

The global market for the Internet of Things (IoT) in smart cities is booming, driven by the emergence of new technologies and the growing adoption of 5G technology. According to a report published this July by The Business Research Company, the market is expected to grow from $159.21 billion in 2022 to $191.76 billion in 2023.

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