Are Our Cities Ready for Tomorrow?
Explore the Transformative Power of Smart Cities in Shaping Our Urban Future!
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UN-Habitat’s World Cities Report 2022 predicts that 68% of the global population will reside in urban areas. An increase of 13%, compared to 2022.
The trend toward greater urbanization puts pressure on governments to ensure that cities remain livable, sustainable, and vibrant. This can be achieved with smart cities.
Role of Smart Cities
Cities like London, Riyadh, and Seoul are transforming urban life by embedding AI, sensors, and tech solutions to manage essential services and infrastructure efficiently. Countries like South Korea have made significant advances with national smart-city policies, supporting technological innovation and smart infrastructure development.
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According to Emergen Research, the global market for smart-city software, hardware, and services is predicted to grow from a little more than $400 billion in 2021 to $1.4 trillion in 2030.
Benefits of National Strategies
- Align with broader goals like reducing carbon emissions and enhancing digital equity.
- Foster economic sectors and skill development.
- Improve governance and service delivery through data-driven insights and public-private collaborations.
