Smart City Market | Decrease in Prices of Connected Devices to Boost the Market Growth

The smart city market size is poised to grow by USD 2118.14 billion during 2020-2024, progressing at a CAGR of almost 23% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005915/en/

Technavio has announced its latest market research report titled Global Smart City Market 2020-2024 (Graphic: Business Wire)

IoT systems have revolutionized the connected network ecosystem over the last few years. Smart city infrastructure is based on an efficient and connected network system. The reduction in costs of IoT sensors and associated systems, and in the cost of broadband

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India Gold Imports Dip After Brief Rebound as Prices Curb Demand

Gold imports had risen in July and August as jewelers readied stocks ahead of festivals.

Photographer: Sanjay Kanojia/AFP via Getty Images

Gold imports by India slumped in September after a short-lived rebound as high prices prompted buyers to defer purchases.

Inbound shipments into the world’s second-biggest bullion consumer fell 38% in September from a year earlier to 8.4 tons, according to a person familiar with the data, who asked not to be identified as the information isn’t public. Imports were down from 35.5 tons in August. Finance Ministry spokesman Rajesh Malhotra didn’t immediately respond to a call to his mobile phone.

Weak Appetite

India’s gold imports dip again in September

Source: India’s Finance Ministry Official

Imports had risen in July and August as jewelers readied stocks ahead of festivals. But demand has cooled as buyers hold off on purchases in a bet that prices

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Last-minute leak showed Apple’s prices and release dates

As we get closer to the Oct. 13 iPhone 12 launch date, the leaks just keep on coming. The latest, from leaker Kang, confirms that Apple will release four phone sizes within the iPhone 12 lineup, all with 5G support. The leak also touched on price and release date, among other details. We’ve summarized all the rumors and leaks below. Until Tuesday’s virtual Apple event (which you can watch live from home starting at 10 a.m. PT, 1 p.m. ET, 6 p.m. BST), all we can do is speculate.



The current iPhone 11. Angela Lang/CNET


© Provided by CNET
The current iPhone 11. Angela Lang/CNET

While we usually see new flagship iPhones in September, the COVID-19 outbreak has forced suppliers in China to shut down or operate on limited capacity. This affected not only Apple’s inventory in September, but it may affect sales, too. Apple also closed its US retail stores,

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LG smartphone prices to rise in India after recent import duty hike

LG recently announced that it will continue to assemble its smartphones in India despite the recent import duty hike on components shipped from overseas. However, this is also causing the company to expect a rise in prices for its smartphones in the region.

According to Advait Vaidya, Mobile Communications Business Head at LG India, “We are totally committed to MAKE IN INDIA vision & will continue to manufacture in India. In the long term, this situation will also create possibilities of local production by vendors including display & other components.” In other words, the move from the Indian government is aimed to boost the local production of such components.

For those unaware, from 1st October 2020, the central government has levied a 10 percent basic customs duty on imports of various

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All of Apple’s iPhone 12 prices just leaked



graphical user interface: iPhone 12 Price


© Provided by BGR
iPhone 12 Price

  • A new leak has listed prices for the entire iPhone 12 series, revealing the cheapest iPhone 12 will be less expensive than the iPhone 11 and Pixel 5.
  • The 5.4-inch iPhone 12 Mini with 64GB of storage will start at just $649, according to the leak.
  • The cheapest iPhone 12 Pro will cost $999, with the most expensive iPhone 12 Pro Max version set to top out at $1,399.

The iPhone 12 will be one of Apple’s most impressive iPhone upgrades, as several “firsts” are converging in this year’s iPhone series. The iPhone 12 will be the first series to come in four versions, spanning three sizes. It will deliver the first compact iPhone with an all-screen display. All those screens will be OLED, another first for the iPhone series, which means all of them are getting the smaller bezels reserved for the

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New camera features, budget prices

Google is tapping out of the super-expensive smartphone race.



a person holding a laptop: Pixel 5 and Pixel 4a 5G.


© Google
Pixel 5 and Pixel 4a 5G.

With its latest line of Pixel devices, announced in an online event Wednesday, Google appears to be targeting a more cost-conscious user than the premium smartphones from competitors such as Apple and Samsung — many of which cost upwards of $1,000 and some as much as $2,000. The Pixel 5 starts at $699 and the Pixel 4a 5G starts at $499. Meanwhile, the Pixel 4a that launched earlier this year costs $399.

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Those lower prices do come with some sacrifices. Both Pixel phones have less powerful processors and displays than the top devices from Samsung and Apple, and the Pixel 4a 5G is not waterproof, though the Pixel 5 is.

Japan will be the first country to get the Pixel 4a 5G on October 15, with the phone set to launch

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Swarm prices out its orbital IoT network’s hardware and services

Swarm’s new network of satellites is intended to provide low-bandwidth, low-power connectivity to “Internet of Things” devices all over the world, and the company just announced how much its technology will actually cost. A $119 board will be sold to be integrated with new products, so while your home security camera won’t get it, it might be invaluable for a beehive monitor deep in an orchard or gunshot detection platform in a protected wildlife reserve.

The Swarm board is about the size of a pack of gum, and provides a constant connection at the kind of data rate and power requirement that IoT devices need — which is to say, low. After all, things like barometric pressure monitors, seismic activity detectors and vehicles that operate far from cellular coverage just send and receive a handful of bytes now and then.

Connecting those to legacy geosynchronous satellite networks is possible, of

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Apple Group and Epic Games: How Will Battle Affect App Store Prices in America?

The legal fight between Apple Inc. and Epic Games Inc. kicks into full gear on Monday with decisions that will influence the future of app stores in the U.S. and how the world’s largest technology platforms make money from developers.

U.S. District Judge Yvonne Gonzalez Rogers will decide whether to force Apple to let battle royale video game Fortnite back into the App Store with Epic’s in-house payment option. She will also rule if Apple can block third-party apps using Epic’s Unreal Engine development software.

Most legal experts expect the judge to extend her temporary injunction for Unreal Engine, but not reinstate Fortnite in the Apple App Store.

“Epic faces an uphill battle,” said Mark Lemley, a professor at Stanford Law School. “Apple’s pricing policies are problematic, and antitrust law should probably do something about it. But courts are very reluctant to dictate who a company, even a monopolist, has

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