Smart City is the latest urban concept that combines various resources of a city with each other using the developed Communication Technologies (ICT) and information IoT. ICT can be combined with city infrastructure and allows officials to observe the different ongoing activities across the city.
The rising momentum of the market is attributed to the increasing requirement for communication infrastructure and public safety, the growing number of government initiatives, and PPP models for smart cities. Artificial intelligence (AI) and IoT-driven technologies are being utilized in smart cities to enhance public transportation, support a healthier environment, and enhance safety. In addition to this, according to the research report of Astute Analytica, the Japan emerging technologies in the smart cities market is growing at a compound annual growth rate (CAGR) of 14.7% during the forecast period from 2022 to 2027.
Presence of wireless connectivity
Creating a wireless network is the first step towards becoming a smart city. And that is because no device can communicate with each other without the existence of WiFi. Also, a city may collect data from sensors implanted in the buildings, roadways, power grids, and smart devices and communicate and make useful information to the stakeholders through WiFi.
Integration of 5G technology
With 5G steadily evolving as a reality for many countries, it would not be surprising to designate specific areas of a smart city such as city governance, industry growth, and citizen services.
From energy management systems and facial recognition identification to AR-assisted navigation to smart traffic planning to drone deliveries and remote interactive learning, 5G can achieve different things in smart cities.
Use of edge computing
Edge computing is a paradigm that fetches computation closer and data storage to the location where it is needed to optimize response times and keep bandwidth. Smart city apps need instant IoT analytics services, which, in turn, ought to leverage edge computing.
The concept makes sure that data stored in a central location is more handy, delivering greater availability for transferred open data agreements between the private and public sectors. Owing to edge computing, the data streams can guide new digital designs and more concrete forms of innovation in smart cities.
Evolution of big data and industry 4.0
Industry 4.0 has provided the rise to intelligent transport and logistics in smart logistics and smart mobility. Interconnection of the systems has become the transportation procedure and made the utilization of connected vehicles possible.
For example, connecting information from process-based Industry 4.0 with smart transport systems can result in demand-oriented and effective manufacturing enterprises, leading to higher productivity levels for those working in the units.
Low-Power Wide-Area Network technologies
Low-power wide-area (LPWAN) is vastly utilized to improve the lives of people and manage public safety. Purposefully created for low-power, low-cost, and large-scale industrial applications, Low-Power Wide-Area (LPWAN) technologies deliver dynamic citywide connectivity, helping a vibrant, smart city ecosystem.
The solid, long-range radio connection allows reliable data communications from even the most challenging locations like basements and parking garages.