3 Driving Forces Behind Smart Cities
Rapid urban growth is placing greater stress on infrastructure, increasing the public sector’s need for efficiency.
In 1950, just 29 percent of the world’s population lived in cities. In 2014, that figure rose to 54 percent, and by 2050, it’s expected to grow to 66 percent. Though a majority of that growth is taking place outside of the developed world, a significant portion of it is happening in the U.S.
This rapid urban growth is placing greater stress on our already-crumbling infrastructure, increasing the public sector’s need for efficiency across the board.
To meet these pressures, more and more municipalities are embracing the Internet of Things to create “smart cities.”
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