Growing energy consumption and requirements to achieve optimum energy usage during peak hours; growing trends in Artificial Intelligence (AI) and Big Data analytics; and increasing demand for integrated security and safety system in enhancing public safety are expected to drive Smart Cities Market growth.

As citizens and governments are becoming more environment conscious, there is a push for stringent regulations aimed at reducing carbon footprint in urban areas.

Moreover, successful implementation of smart city projects heavily depends on the technologies – data communications, cloud, mobility, and sensors that altogether form the IoT ecosystem.

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Intelligent Transport System (ITS) is often referred in context with the use of information and communication technologies in road transport, including infrastructure and traffic management, as well as, for interfaces with the other modes of transport.

The smart distribution management system in the utilities sector is governed by the efficient demand and response management (DRM). DRM allows the utility utilities sector to manage and implement Demand Response (DR) programs through a single integrated system, which can be interfaced with commercial, industrial, and residential sites.