In this modern day and age, sprawling and bustling urban cities are actually vying to get the “smart city” tag, so they have gone to great extents to modernize to keep up with other smart cities. But what does this branding really mean? What makes a city smart in comparison to other? To flesh out the trends for smart cities for this 2020, which is the onset of a new decade, it is critical to first define what a smart city really is all about.
Definition of Smart Cities
In layman’s terms, smart cities leverage the latest technology to address broad issues like neighborhood safety, economic development, waste disposal, delivery of potable water, urban planning using green solutions, transportation concerns, and the like. The past few years have seen cities imbibing digital transformation trends to improve their citizens quality of life.
Sometimes, these smart cities are referred to as wired cities, digital cities, intelligent cities, or even cyberville. For the upcoming 2020, there will be core technologies that will stay a part of the transformational journey of smart cities. At the same time, there will be fairly new technologies that have been sitting on the sidelines in the past years, which are now ready to take center stage. Some of these are: advanced data analytics, AI, and 5G. Let’s discuss these top 10 smart cities trends along with the estimated top 10 statistics further below:
Top 10 Smart Cities Trends for 2020
5G for Everyone
Year 2020 is not just a new year but the signal of a new decade. The concept of 5G is slated to dominate this year with the biggest names in telecomm like Verizon, Nokia, Ericsson, AT&T, and more making sure that their 5G offerings stay on point. In the same token, Android’s handset makers will hit the ground hard and running with their 5G offerings in 2020. Because of faster speeds and more reliable connection, smart cities will reap its benefits by being able to offer smarter vehicles, smart processing and manufacturing, and more because they rely on this technology, too. Phones will not just be improved, but just about anything that impacts a human being’s daily life shall be affected positively by the onset of 5G.
Speedier Wifi Translates to a Faster World
Although 5G and WiFi6 are completely different, both technologies do bring everyone faster processing and better wireless connection speeds. Both offerings shall create faster connectivity for office, home, and in-transit use. Download speeds will be three times faster than ever before. The best part, this is extended to far more devices than the previous WiFi5 was able to manage. In 2020, more gadgets can stay connected to the WiFi service without altering its capabilities. From ten devices it is slated to cover fifty over this new decade. On top of that, this faster, smarter, and more efficient WiFi6 can handle a much better load as well increasing both the quality of data consumed, as well as the volume.
Analytics Shall Become the Competitive Edge
Those companies and organizations who don’t invest on analytics this 2020 shall plummet and may fail by 2021. Every single day, data is churned from customer interaction and transactions. If this is not harnessed, too much data will be lost and companies shall succumb to their many competitors. Modern data analytical tools are necessary to stay on top of the game. They help in identifying problems, zeroing in on opportunities, and finding solutions. The processing of real time data shall be one of the main points of digital transformation in smart cities this 2020.
Machine Learning and AI Shall Be Forces Multiplies To Boost Data Analytics
Those that choose to leverage analytics need to invest in machine learning systems and artificial intelligence in order to navigate the vast amounts of information. These values can bee seen in speed, scale, and convenience. Speed and scale showcase the significance of automating and letting computers do the work, as opposed to assigning real humans who are more prone to actual errors. Thanks to these two, computing large sets of data is possible and can be done at a mere fraction of the time without compromising accuracy. Machine learning and AI have gotten better at analysis and they can also be scaled while they are in their cloud storage. In terms of convenience, these machines are also a lot more easy to use and definitely a lot more reliable than the older methods of yore. As good as these machines are performing the past few years, they are slated to improve by leaps and bound this 2020.
Blockchain Shall Move Beyond Crypto
Some say that blockchain was a busted overhype this 2019. However, many product that this will finally see some scale this 2020. Blockchain is set to be used for more cases beyond cryptocurrency. Right now, everyone knows that Amazon Web Services has democratized blockchain technology with their blockchain-as-a-service platform which people can choose to subscribe too. Noteworthy, they are not alone in the endeavor. Many industry leaders like Samsung, Microsoft, IBM and China’s Alibaba have moved to do this as well. Now, there are many cases where blockchain technology is used beyond payments and and cryptocurrencies. It has been incorporated in intellectual property and royalties, food safety, and real estate asset management.
The RPA Catches a Second Wind
RPA or robotic process automation is not a new concept, but it is said to the lowest hanging offering on the AI segment. But as RPA continues to to grow and show reliability, 2020 is predicted to be a big year for RPA investments. Last 2019, investments were already poured into these companies such as UiPath, Automation Anywhere, and Blue Prism. On top of that, an established company like Cisco is now using RPA to help create rooms for improvement. They can readily increase the value of their existing workforce with this kind of automation. By utilizing this model, smart companies in smart cities are expected to leverage this winning formula.
Conversational AI Will Now Morph Into a Legitimate Interface
Some people feel very frustrated with Siri because the platform makes it very difficult to craft a decent voice to text message. However, some conversational AI tech will become useful in 2020. Software project like Microsoft Conversational AI are currently doubling their efforts to improve this platform, so they just won’t hear correctly. The goal is to follow complex conversations and understand the complexities of emotion, too. The reason for this improvement is that chipsets, silicone component, and SOCs, which have been specifically crafted for smart gadgets, have grown increasingly exceptional at isolating human voice. Noisy background noise can be isolated, thus processing language and accurately reproducing or breaking it down via text can be done in real time.
ACPCs Will Revolutionize the Laptop Market
These days, ACPCs or always connected PCs can now function on near-full-day battery life. With strong improvements under this in 2020, people can expect a multi-day battery life for their to laptops in the coming days. This new features will indeed make laptop computers a truly portable beast. This feature can revolutionize smart cities with many other forms of tech following suit.
The New Reality will be Connected Vehicles and Autonomous Drones in Smarter Cities
These autonomous cars are being slowly introduced and they will certainly gain traction this 2020. Telsa has made great improvements with this technology, but a collaboration between automobile manufacturers and tech makers will ensure that this area will be boosted up in the coming new year. For instance, companies like Qualcomm and Intel, along with Ford, Volvo, and BMW, have partnered up with Uber to build an autonomous fleet. Even Amazon is gearing to deliver orders via an autonomous drone.
XaaS and UX/CX will Gain More Momentum
Everything as a service and more User and Customer experience will gain even more momentum in 2020. Even the HP or Hewlett Packard company made an announcement that they would be offering their portfolio of these services by 2020. Most providers are moving towards this direction as there is an evolution of the on-site, hybrid, cloud, off-site, etc methods. Competencies are greatly improved because of 5G and wifi6 along with conversational AI and gesture analysis making sure these changes are felt across industries from healthcare, hospitality, transportation, and more in 2020.
10 Must Know Statistics About Smart Cities
There are many interesting smart cities statistics for this year. Some of them were reported in this year’s Statista and IDC FutureScape: Worldwide Smart Cities and Communities 2019 Predictions. A few of these highlights are:
- The Smart City investment is slated to peak $158 Billion by 2022. The fastest growth in all aspects is expected in the Americas, with the most spending seen on the public transport sector, along with fixed visual surveillance.
- It is predicted that by 2023, 50% of cities use platforms that shall rely own crowdsourced participation when it comes to city budgeting and decision making.
- Water scarcity is seen as a risk multiplier for this year. Thus, it is expected that by 2024, 45% of cities and communities will IoT-Enabled Water Management for Usage and Quality Monitoring and Leak Detection
- The global smart city spending is set to reach an astonishing $34.5 billion by 2020.
- The utilities sector is slated to increase beyond the 2018 figure of 436.5. The smarty energy’s share of the global smart city market is at 15.8%.
- The projected spending of the smart grid in the North American Market by 2023 is expected to be at $16.8. In addition, the mircogrid generation capacity of SouthWest America is said to be 700 MW. In California, there will be a boost of 12.79 million smart meters installed.
- In terms of smart construction and manufacturing, revenue for commercial and institutional systems worldwide will reach $14.92 million. In North America alone, the IoT enabled smart building market for 2020 is $44.81 billion. For smart lighting in the global residential building segment, it is expected to reach $2.88 billion.
- The smart transportation sectors sees the global automotive sensors market to spend $43 billion by 2021. The estimated connected car shipments is slated to be 83.25 million units by 2020. On top of that, the number of installed connected things that shall be seen in the global public service sector is 167.4 million units.
- Smart cities will not be complete without smart homes so that forecast for the smart home market around the world in 2020 amounts to $40.9 billion. The estimated home technologies sale in 2018 was $4.6 and this is expected to grow by at least ten percent this 2020. the revenue of the global home security market for this year is expected to be $2.58 billion.
- In terms of heatlhcare, there will be smarter functions as telehealth and virtual health become key players in terms of diagnostics, assessment, and treatment of patients.
The older and more mature technologies will not be obsolete this 2020. Instead, they will remain significant factors that will have the power to transform enterprises and personal lives. The upward trajectory of the transformation programs in 2020, will after all, be dependent on the evolution of existing tech. Those that don’t want to be left behind need to prepare new and better mobility offerings, better consolidation, and over all better performance for a world that has a growing dependence on all things gadget/tech.