New research: internet of things (IoT) in smart cities market projected to grow at +23% CAGR by 2023

IoT in smart cities refers to the modern human settlements with smarter utilization and deployment of available resources. IoT in smart cities can be correlated with economic stability and wise usage of natural resources to provide smart investments in human and social capital, along with transportation and modern communication infrastructures and a high quality of life to the citizens.

IoT solutions are set to revolutionize supply chain revenue opportunities

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IoT stands for the Internet of Things, and it refers to an interconnected network of intuitive sensing technology, along with software and applications embedded in smart devices. These Smart Devices cover a wide range of things. The list includes; smart cars, wearable devices, thermal and GPS sensors, Infrared and CCTV cameras, phones, and laptops among other things.

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