The rapid rise in urbanization and population is driving the need for sustainable and efficient city management, spurring the growth of the smart city market. Emerging technologies like IoT, AI, and machine learning are further enhancing city infrastructure, making smart cities more viable and efficient.
Given this trend, investing in key smart city stocks such as Johnson Controls International plc (JCI), Itron, Inc. (ITRI), and American Superconductor Corporation (AMSC) could be a smart move in driving urban modernization.
