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Smart Cities and IoT to Spearhead Growth in Asia

With more than half of the world’s population and several emerging economies, Asia is all set to become the main driver of growth for the rest of the world. All these trends of urbanization are fueling growth for the security industry, cities are getting larger and more populated.

People increasingly desire more connectivity through mobile devices. Industrialization means more factories, and those factories need security and access control, as do critical infrastructures like airports and seaports. Significant activity in this regard was seen in India, where the government has begun a series of plans to build 100 smart cities.

For the security industry, Asia offers the best possible catalyst for growth. With initiatives to build smarter cities and technological advancements that offer increasing convenience and protection, this continent’s real potential is yet to be utilized. For solution providers, it will be an unavoidable market in the coming years.

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