- Published: 22 March 2023
Worldwide investments in smart pole and smart corridor technologies will grow from $10.8bn in 2022 to more than $132bn in 2030, according to ABI Research.
Global technology intelligence firm ABI Research analysis indicates more than 10.8 million smart poles will have been installed by 2030, redefining smart urban infrastructure in the process.
Smart urban infrastructure
“The aging concept of smart cities has largely failed to deliver on its promises. New approaches are required in the form of more scalable, holistic, and effective solutions to transform smart urban infrastructure and accelerate its deployment,” said Dominique Bonte, VP end markets and verticals at ABI Research.
“Smart corridors and smart poles are expected to redefine the intelligent transportation systems (ITS) and the wider smart cities markets.
Smart poles are multi-functional aggregation points for smart urban infrastructure, built on top of smart streetlights and connected utility poles. They represent a cost-efficient, scalable and modular framework for deploying the whole spectrum of smart urban infrastructure, ranging from 5G small cells (in the form of cellular network densification) and wifi hotspots to surveillance and traffic cameras.
Other applications include signage and information displays, air quality and flood monitoring solutions, and charging points for two- and four-wheel vehicles and drones, including renewable energy generation.
Key smart pole technology vendors Ubicquia, Verizon, Huawei, Signify, Nokia/LuxTurrim5G, and Ekin Smart City Solutions.
The new concept of smart corridors refers to various technologies such as cooperative adaptive traffic lights (CATL) and roadside infrastructure enabling autonomous driving on 5G-enabled cross-border highways and optimising traffic flow, road safety, and sustainable transportation across longer distances.
Premium signal priority for freight and delivery vehicle preemption will offer new monetisation opportunities for governments and road operators, ultimately leading to dedicated freight corridors. Key smart corridor government initiatives include the EU’s Connecting Europe Facility (CEF2) digital programme for funding and deploying 5G corridors and the US Bipartisan Infrastructure Law (BIL).
These findings are from ABI Research’s Smart Urban Infrastructure market data report. This report is part of the company’s Smart Urban Infrastructure research service, which includes research, data, and analyst insights.
Quelle/Source: Smart Cities World, 14.03.2023