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Smart cities drive GCCs $33bn smart grid market

Mar 04, 2019 - ICT Monitor Worldwide

Smart cities are driving the GCCs smart grid market to $33 billion by 2042, said Schneider Electric, a leader in digital transformation, ahead of Middle East Electricity in Dubai, UAE.

GCC nationwide digital transformation and smart cities are weaving energy efficiency throughout every project across renewable energy generation, more efficient power distribution using the Internet of Things and Big Data analytics, and making smart buildings more energy efficient.

One of the regions ...