Hardware spending took the largest technology spending share of the total Smart Cities IoT spending in Europe in 2018, at 38 percent. Services came in second, composing 35 percent of total spendings.
Smart Cities Internet of Things (IoT) spending in Europe in 2018, by technology area
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European Commission. (June 16, 2019). Smart Cities Internet of Things (IoT) spending in Europe in 2018, by technology area [Graph]. In Statista. Retrieved May 27, 2022, from https://www.statista.com/statistics/1115736/smart-cities-iot-spending-in-europe-by-tech-area/
European Commission. "Smart Cities Internet of Things (IoT) spending in Europe in 2018, by technology area." Chart. June 16, 2019. Statista. Accessed May 27, 2022. https://www.statista.com/statistics/1115736/smart-cities-iot-spending-in-europe-by-tech-area/
European Commission. (2019). Smart Cities Internet of Things (IoT) spending in Europe in 2018, by technology area. Statista. Statista Inc.. Accessed: May 27, 2022. https://www.statista.com/statistics/1115736/smart-cities-iot-spending-in-europe-by-tech-area/
European Commission. "Smart Cities Internet of Things (Iot) Spending in Europe in 2018, by Technology Area." Statista, Statista Inc., 16 Jun 2019, https://www.statista.com/statistics/1115736/smart-cities-iot-spending-in-europe-by-tech-area/
European Commission, Smart Cities Internet of Things (IoT) spending in Europe in 2018, by technology area Statista, https://www.statista.com/statistics/1115736/smart-cities-iot-spending-in-europe-by-tech-area/ (last visited May 27, 2022)