The global smart traffic camera market size is poised for remarkable growth, projected to reach USD 32.34 billion by 2030, at a compound annual growth rate (CAGR) of 14.6% from 2021 to 2030, according to Allied Market Research.
Nestled at the base of Mount Fuji in Japan, Toyota’s Woven City, the world’s first “City of the Future” project, is set to welcome its first residents in fall 2025.
Japan’s smart cities market is set to experience remarkable growth, with projections indicating a surge from USD 63.15 billion in 2024 to USD 216.99 billion by 2033, representing a compound annual growth (CAGR) rate of 14.7% during the 2025 to 2033 forecast period, according to research and consulting firm Astute Analytica.
China launched a Long March-2D rocket on Wednesday, placing a satellite into orbit, according to a state news agency report.
Thailand is reportedly planning to build a $37 billion smart city in an industrial hub in Huai Yai Subdistrict of Chonburi Province, some 160 kilometers (99 miles) southeast of Bangkok.
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