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• The global smart cities market is expected to reach $2.57 trillion by 2025, growing at a CAGR of 19.6% from 2020 to 2025.
• The global smart city infrastructure market is expected to reach $64.1 billion by 2025, growing at a CAGR of 18.9%
from 2020 to 2025.
• The role of digital infrastructure in smart cities is crucial, as it allows for seamless integration and communication
between various systems and devices.
• Public-private partnership models can play a crucial role in addressing the challenges
• Examples of successful public-private partnership models for digital infrastructure include:
• The City of London's "Gigabit City" project, which involved a partnership between the
local government and a private network provider to deliver high-speed broadband
services to businesses and residents.
• The Barcelona Smart City project, which involved a partnership between the city
government and technology providers to implement various smart city solutions, such
as smart lighting and waste management systems.
Future prospects for digital
infrastructure in smart cities
• The use of 5G networks and edge computing to enable autonomous vehicles
and drones for delivery and transportation services.
• The use of AI and machine learning to optimize energy consumption and
reduce greenhouse gas emissions in smart buildings and homes.
• The use of blockchain and distributed ledger technology to enable secure and
transparent transactions and data sharing among stakeholders in smart city
ecosystem.
• Enhanced environmental sustainability through smart energy and waste
management systems.
• Increased safety and security through advanced surveillance and emergency
response systems.
• Improved citizen engagement and participation through digital platforms and
feedback mechanisms.
Conclusion