Smart City Updates
China, Japan, and South Korea lead the smart city race in the Asian region
As per an ABI Research latest smart city market analysis, the governments in China, Japan, and South Korea lead the implementation of citizen-centric, smart city initiatives in Asia. Dalian, Hangzhou, Nanjing, and Tianjin have been identified as the leading Chinese cities that continue to show accelerated adoption of smart energy solutions. "Asia's demand for smart city solutions will heighten over the next five years with China, Japan, and South Korea now accelerating adoptions of smart light, meter, building, and transportation, as well as renewable energy programs," expressed Raquel Artes, Industry Analyst at ABI Research. In spite of continued efforts, India and Indonesia are lagging behind in the Asian smart city race especially due to the absence of infrastructure readiness. However, with respect to India, Artes opines, “This may soon change, as the government recently announced that it will develop 100 smart cities in the region as part of its Smart City program."
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