DIGITIMES: Why are Smart Cities the Future Momentum

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DIGITIMES Research report shows that Taiwan's ICT industry development has shifted from focusing on hardware to hardware/software integration models. The industry is combining big data analysis and AI applications in public IoT to facilitate the development of smart city management. Tools such as IoT, AI, cloud computing, and communications technologies are efficiently integrated with urban infrastructure to ultimately produce economic benefits and improve quality of life. It is estimated that the business opportunities of smart cities will reach $2.6 trillion in 2025, mainly in the Asia Pacific region. This includes sectors such as smart poles, building, parking, monitor, government, transportation, fire protection, water conservancy and WITMED.

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