6 Smart Cities Trends (Updates Included), In this article, we will explore six trends that are expected to influence the development of smart cities in the year 2022 and beyond.
The last few years witnessed an unprecedented trend of people moving to urban areas. Several reports show that at present, more people live in cities than in rural areas and it is estimated that by 2050, two out of every three people will be dwelling in metropolitan cities. This population growth brings many issues to cities including scarcity of resources, huge waste generation, environmental pollution, inefficient infrastructure, and public safety management.
Consequently, the focus of many governments and cities has shifted to the concept of sustainability. Sustainability can be achieved through innovations that concentrate on resilience, flexibility, efficiency, and adaptive capacity. Propelled by these factors, the idea of a smart city emerged in recent years to protect the environment, and make efficient use of the resources and infrastructure, thereby enhancing the quality of life of citizens.
A smart city utilizes information and communication technologies such as the Internet-Of-Things (IoT) and advanced Information and Communication Technology (ICT) so that its infrastructure and public services are more interactive, efficient, and optimized and people are more aware of them.
The smart cities market is growing at a stupendous rate at present. According to a report by Allied Market Research, the global smart cities market is estimated to grow at a CAGR of 25.2% during the forecast period, 2021-2030.
The surge in population, growing demand for smart infrastructure solutions and better resource management, growing demand for sustainable energy management, various government initiatives that support the implementation of smart energy solutions, and the growing need for public safety and security aid the development of the market.
Further, the emergence of artificial intelligence (AI) and IoT applications in smart cities are anticipated to provide opportunities for the expansion of the market. Some of the trends driving the smart cities market have been identified.
6 Smart Cities Trends of 2022:
1. Smart Mobility
Concerns regarding pollution and traffic congestion have made the idea of smart mobility gain traction in recent years. Smart mobility or smart transportation makes use of technology to allow people and different transport systems to act in more efficient, flexible, and sustainable ways.
These technologies focus on intelligent traffic management, autonomous driving, congestion detection, logistics solutions, zero-emission transportation, advanced commuting, and so on. The tools like sensors that detect congestion and traffic patterns and cameras that enforce speed and traffic violations help gain real-time information that can make mobility networks safer and more resilient.
See Also: What Are the Main Benefits and Impact of IoT on Our Lives?
2. Public Safety & Security
The rise in criminal activities and accidents drives the demand for public safety and security infrastructure. Smart cities make use of sensors, Internet of Things (IoT) devices, and intelligent video security cameras to enable public safety agencies to combat crime, handle emergencies, and anticipate incidents more efficiently. Technologies such as big data and artificial intelligence allow the deployment of smart solutions such as surveillance systems, crime mapping, and more.
3. Smart Energy
One of the basic goals of smart cities is to plan and control energy supply and consumption to maximize productivity as well as reduce energy costs and pollution. Smart devices and technologies enable judicious and efficient use of energy by providing decisions for smarter storage and distribution of energy. The use of smart grids allows real-time tracking and machine learning technologies provide data on energy use and system failure.
4. Waste Management
The growing issue of waste production drives the adoption of smart city solutions. Smart waste management systems utilize intelligent devices to accurately monitor the amount of waste around a city and enable the crew to empty bins before they overflow with trash. The devices also notify citizens about their waste consumption and encourage them with rewards.
5. Smart Building
Smart buildings are a key element of smart cities. By integrating a wide range of intelligent technologies such as IoT sensors, Power over Ethernet (PoE), building information modeling (BIM), AI, augmented reality (AR), virtual reality (VR), and more in their systems, the buildings allow efficient and economical use of resources and create a safe and comfortable environment for the dwellers.
Related: What Are the Advantages of Using Small Cells in 5G Instead of Traditional Cell Towers?
The Smart Cities Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the smart cities market include ABB Group, Cisco Systems Inc., General Electric Company, Honeywell International Inc., Huawei Technologies Ltd., IBM Corporation, Microsoft Corporation, Schneider Electric SE, and Siemens AG.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Smart Cities Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/smart-cities-market/download-sampleMarket DynamicsThe rising demand for smart city solutions along with an increasing population and the changing lifestyle of people is stimulating the growth of the smart city market.
Moreover, increasing focus on environmental sustainability, as there is a need to optimize and protect the limited natural resources, is further pushing the market growth.
On the flip side, the high development cost for smart cities is likely to impede market growth.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
