Building Smart Cities: The Role of Artificial Intelligence & Machine Learning - Deeplobe

Smart cities are a new-age revolution to maximize the utilization of technology, optimize the consumption of natural resources, and human capital to fuel sustainable economic growth and participatory governance. Smart cities are mostly employed across highly populated urban areas in major countries. For instance, these cities adopt a combination of cameras, sensors, and artificial intelligence to ensure constant monitoring along with their smooth and efficient working. This results in the emergence and adoption of smart business models and smart enterprises that depend on advanced technologies like artificial intelligence(AI), machine learning, computer vision, web technologies, telecommunications, etc. Markets and Markets expect that the market for global smart cities will grow from USD 410.8 billion in 2020 to USD 820.7 billion by 2025.