Communication, Transportation, And Energy Are Keys For Businesses Looking To Benefit From Smart Cities Of The Future
A smart city is defined as “a city that incorporates information and communication technologies to enhance the quality and performance of urban services such as energy, transportation and utilities to reduce resource consumption, wastage and overall costs.”
Energy storage, communication, and transportation are the three major areas for future smart cities. It is estimated that there would be at least 88 smart cities across the globe within the next 5 years, mostly in Asia and Europe.
Since IoT devices will need to interact with other devices, automation will become more common. It looks like the future smart cities will be highly connected. However, to make this into a reality, 5G networks are an important factor. The key to enabling IoT communications lie with sensors and smart devices.
Coming to data storage, data centers, online security companies, and cloud storage will undergo a huge growth. It is also expected that the smart cities of the future would be energy-efficient and self-sufficient. With cities likely to get more crowded, transportation trends in the future look at shared, autonomous, and electric. The list of the top smart cities includes London, Paris, Tokyo, Amsterdam, and Stockholm among others.
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