‘Smart Cities’ Push City Planners to address Wireless Connectivity

The research firm stresses the importance of analysing the physical and cybersecurity benefits and limitations due to the increasing importance of smart city solutions, as nearly 70% of the global population will live in an urban environment by 2050.

“Solutions providers should take this time to bring down the cost of deployment and management, as well as analyse the ROI scenarios for city planners,” said Jake Saunders, Managing Director and Vice President at ABI Research. “And city planners need to understand and embrace the benefits connectivity technologies will bring as a platform to these solutions.”

The benefits to smart city solutions are substantial. For example, smart meters can efficiently manage and control demand as cities face increasing strain on resources and distribution infrastructures due to rapid urbanization. They also cut operational costs by reducing the required number of on-site meter readings. Smart street lighting allows operators to dim them when appropriate, extending their usage and reducing operating expenses. And smart bins help trash collectors optimise their routes and keep cities clean.

ABI Research forecasts global smart meter revenue will top US$13 billion in 2021. The number of smart bins will increase from roughly 70,000 in 2015 to almost one million in 2021. And while smart street lighting solutions barely scratched their market potential, they will grow to reach 78 million shipments by 2021.

Wireless connectivity will capture the lion’s share of new smart street lighting deployments, but power line communication (PLC) solutions are unlikely to disappear in the foreseeable future. Most smart street solutions will be hybrid, incorporating wireless and PLC nodes to maximize reach with Echelon, Silver Spring Networks, and Paradox Engineering.

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