IoT in Smart Cities Market worth $260.0 billion by 2025 - Exclusive Report by MarketsandMarkets™

Source: Cision Published: August 11, 2020

CHICAGO, Aug. 11, 2020 /PRNewswire/ -- According to the new market research report "IoT in Smart Cities Market by Solution (Remote Monitoring, Network Management, Reporting, and Analytics), Service, Application (Smart Transportation, Smart Building, Smart Utilities, and Smart Citizen Services), and Region - Global Forecast to 2025" published by MarketsandMarkets™, the global IoT in Smart Cities Market size is expected to grow from USD 113.1 billion in 2020 to USD 260.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 18.1% during the forecast period. An increasing number of government initiatives and PPP models for smart cities are driving the IoT in Smart Cities Market.