Last updated: 14 Aug 2017 Update History
Report Status: Archived
Report Pages: 129
Lead Analyst: Kylie Wansink
Contributing Analyst: Paul Budde
This report provides valuable insights into the Smart and Connected cities which are slowly emerging around the world. Smart cities require many components working in unison and the ICT sector is at the forefront of the innovative developments emerging to support our future cities and Smart communities. This BuddeComm report examines the core components of Smart cities, supported by statistics and examples. Subjects include:
Researchers:- Kylie Wansink, Paul Budde.
Current publication date:- August 2017 (6th Edition)
The impetuous towards developing Smart Cities can be driven by a number of factors. It may be that citizens, who have increasingly becoming accustomed to the convenience of services being made available through the internet and through apps on their smart phones and tablets become frustrated when ICT services and infrastructure aren’t keeping up. This in turn places pressure on Governments and operators to improve the situation which leads to looking at the infrastructure issues of a community from a holistic view.
The economy is another driver of Smart City initiatives. In many areas the cost of running the society and the economy has risen to unsustainable levels. At the same time, modern technology can reduce these costs and the organisations, companies and cities that are harnessing this are able to be far more competitive. On a city level, cities will need to be able to facilitate this in order to attract new investments, new jobs, new citizens and new developments. Modern technology provides citizens, companies and investors with far greater flexibility to choose between cities, both nationally and internationally. We see what can be achieved – for instance, in Glasgow in the UK and Newcastle in Australia.
Perhaps the best illustration of a Society being the main driver is China, where there is enormous investment in smart cities occurring; simply because many of these cities are perceived by their citizens to be unacceptable places to live. The increase in health costs and economic losses is now such that smart city developments are at the head of the list of most of the top 100 cities in that country.
Social, technological and economic developments have accelerated over the last 200 years to such an extent that they are moving faster than the ‘normal evolutionary processes’. Technological advances in M2M, IoT and data analytics are perhaps the only developments that will be able to keep pace with these changes, creating a world with more intelligent and smarter communities.
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BuddeComm's strategic business reports contain a combination of both primary and secondary research statistics, analyses written by our senior analysts supported by a network of experts, industry contacts and researchers from around the world as well as our own scenario forecasts.
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