BOULDER, Colo.--(BUSINESS WIRE)--A new report from Navigant Research tracks global smart city projects across the smart energy, smart water, smart transportation, smart buildings, and smart government sectors.
The global smart city market is moving into a period of increasing maturity as more cities embrace innovation to streamline and enhance city services and operations. Across all major regions, smart city projects continue to increase substantially, both in number and level of ambition. Click to tweet: According to a new report from @NavigantRSRCH, 355 smart city projects have been identified in 221 cities around the world.
“Cities are developing more innovative smart city programs and deploying proven solutions at commercial scale. Projects that integrate data and insights across multiple operations and service sectors are also becoming more common,” says Ryan Citron, senior research analyst with Navigant Research. “These developments are happening in all major world regions, with recent surges of interest in North America and Australia, further acceleration of the Indian smart cities program, and continued development across Europe, Asia Pacific, Latin America, and the Middle East & Africa.”
On the technology front, according to the report, smart street lighting is increasingly being recognized by city leaders as a first step toward the development of a smart city. Additionally, smart parking systems, mobility solutions, air quality monitoring, and smart waste are also becoming common deployments.
The report, Smart City Tracker 1Q18, provides an assessment of the current state of smart city development around the globe. New projects have been added that show continued investment in open data platforms, smart grid technologies, networked LED street lights, urban mobility, energy efficient buildings, water management, and government service applications for smart cities. The report covers key industry sectors as they relate to smart cities: smart energy, smart water, smart transportation, smart buildings, and smart government. A new category, multi-sector programs, captures the evolution toward project deployments that cut across multiple industry sectors. The Tracker also segments deployments by project type, including policy initiatives, pilots/demonstrations, commercial deployments, sustainability programs, and city developments. The 355 projects included in this Tracker are segmented by region, project type, and industry sector. An Executive Summary of the report is available for free download on the Navigant Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Energy Technologies, Utility Transformations, Transportation Efficiencies, and Buildings Innovations sectors. Additional information about Navigant Research can be found at www.navigantresearch.com.
Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.
* The information contained in this press release concerning the report, Smart City Tracker 1Q18, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.