Future of Hyperconnectivity Offers Billion-dollar Opportunities in the Connected Living Ecosystem
Frost & Sullivan
MARCH 4, 2021
The rising demand is projected to quadruple smart and connected home penetration over the next five years to reach over 18% by 2025. Spending on the smart city sector is expected to reach $327 billion by 2025, up at a strong CAGR of 22.7%, and will lead to higher adoption of technologies such as artificial intelligence (AI) and 5G.
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