The current statistics suggests a rapid growth rate of the global population. The trend of urbanization is quickly taking pace with over 70% of the world population residing in urban and sub-urban regions. The major cities in the world have transformed into massive cosmopolitan regions with varied cultural diversities. The growing awareness about the devoured ecology and the evolving environmental compliances and regulations has made it difficult to govern these large cities. As a result, the need for smart cities has increased which would guarantee a sustainable infrastructure to support the ecological balance. Smart Cities would be the new residential and commercial centers offering rational and advanced smarter lifestyle for the future.
Complete report is available @ http://www.rnrmarketresearch.com/smart-cities-market-2011-2016-projects-advanced-technologies-adoptions-and-transformations-worldwide-market-report-market-report.html .