MENA Smart City ICT Infrastructure Market Analysis by Size, Growth, Trends and Forecast (2023-2030) | UnivDatos
According to a new report by Univdatos Market Insights, MENA Smart City ICT Infrastructure Market is expected to reach USD 631.73 Million in 2030 by growing at a CAGR of 24.33%. The MENA Smart City ICT Infrastructure Market offers significant opportunities for technological advancements and economic growth. It presents a platform for local and international companies to collaborate and provide innovative solutions tailored to the unique needs of the region.
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Growth In Infrastructure Development
The growth in infrastructure development is indeed driving the Smart City ICT Infrastructure Market in the MENA region (Middle East and North Africa). As countries in the region are expanding their urban areas and modernizing their cities, there is a significant emphasis on incorporating advanced technologies and digital infrastructure.
Smart cities aim to enhance the quality of life for their residents by leveraging information and communication technology (ICT) to improve services and efficiency. The integration of ICT infrastructure enables various aspects of urban living, such as transportation, energy management, public safety, waste management, and more, to be interconnected and intelligent.
The MENA region, with its rapid urbanization and the need for sustainable development, presents ample opportunities for smart city projects. Governments across the region are investing in the deployment of ICT infrastructure to transform their cities into smart and connected hubs. This includes the development of smart grids, IoT (Internet of Things) networks, data centers, communication systems, and other digital platforms.
The deployment of advanced ICT infrastructure in MENA’s smart cities enables better communication and coordination between different urban services. It helps streamline operations, improve resource allocation, reduce energy consumption, and enhance overall urban planning and management. Furthermore, smart city initiatives stimulate economic development and create a conducive environment for innovation and entrepreneurship.
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Rising Trend of Artificial Intelligence
The MENA region has been witnessing a growing focus on developing smart cities, with a strong emphasis on advanced technologies like AI. The integration of AI in smart city ICT infrastructure is considered a key trend due to its potential to enhance efficiency, sustainability, and citizen experiences. AI can be applied across multiple aspects of smart city infrastructure, including transportation, energy, healthcare, public safety, and governance. Here are some examples of AI integration in these areas:
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