According to a recent report by Global Industry Analyst, the global smart city market accounted for USD 955.3 billion in 2017 and is expected to reach USD 2,700 billion globally by 2024 with a CAGR of around 16% between 2018 and 2024. It is not only the accelerated growth and the resultant job creation/economic revival […]
In this update on Smart Cities, India, we bring to you the developments that have taken place over the last one year. Work in progress: After three years of implementation, projects under the Smart City program have been sluggish. As of March 2018, 92 cities had formed their Special Purpose Vehicles, the agency that carries […]
The International Monetary Fund (IMF), in its latest World Economic Outlook, has pared the global growth forecast from last October’s estimate. The global economy is now projected to grow 3.5% in 2019 and 3.6% in 2020, 0.2 and 0.1 percentage points below the last estimate. The projection is backed up by a list of downside […]