Spending on smart city technology is expected to reach US$327 billion by 2025, up from US$96 billion in 2019, according to a new forecast from Frost & Sullivan.
The analyst company said an uncertain post-pandemic situation will compel cities to focus on developing collaborative, data-driven infrastructure for use in healthcare, public security services and more.
Weiterlesen: Analysts predict 26 smart cities by 2025 – from zero today
Smart cities look set to be gold mines when it comes to creating business opportunities.
Business opportunities to the tune of some $2.46 trillion could be created by the development of smart cities by 2025, according to a report from Frost & Sullivan, published on Oct. 29. According to the research, the uncertain post-pandemic context could drive these cities of the future to develop even more collaborative, data-driven infrastructure, in turn creating new business opportunities, notably in healthcare services and public security services.
Weiterlesen: Smart cities to offer gold mine of business opportunity in next 5 years, says study
Research firm Frost & Sullivan has issued a new report analysing the global spending on smart cities technologies over the next five years.
The research firm forecasts an increase in spending on smart cities technologies of 22.7% between 2020 and 2025.
Smart cities’ spending on technology in the next six years is expected to reach $327 billion by 2025 from $96 billion in 2019.
Weiterlesen: Spending on smart cities technologies to expand by 22.7% through 2025
A new report released by Enel, Arup, Intesa Sanpaolo Group and Future Food Institute highlights how the urban landscapes of tomorrow can achieve environmental sustainability, social inclusion and economic competitiveness.
The study looks at some projects around circular cities being deployed by Enel in domains including e-mobility, energy storage, renewables, energy efficiency, smart grids, public lighting and building management.
Weiterlesen: How future cities can achieve environmental sustainability – study
Implementing “smart city” projects such as its guest experience platform and OceanMedallion wearable onboard Princess Cruises ships is not for the faint of heart, said John Padgett, chief experience and innovation officer for Carnival Corporation, during WiT Experience Week Hybrid Day 4.
During a 10- to 12-day drydock, ships are outfitted with: 72 miles of cable, 4,000 sensors, 650 readers, 500 edge computing devices and more than 4,000 interactive portals, he said. That’s the easiest part though.