Worldwide Smart Cities Industry Trends & Predictions 2018

Worldwide Smart Cities Industry Predictions 2018 Trusted Partner for Digital IT, BI Analytics, Automation & Data Management USA 1923 Bragg St #140-3219 Sanford, NC 27330 +1-30235 14656

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Source: IDC

Worldwide Smart Cities

2018 Predictions

1

In 2018, a communications services provider will step forward to be a Digital Hero, developing a collaborative strategy to grow smart communities, resulting in 50% improvement in broadband coverage in the municipalities with which it partners.

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Worldwide Smart Cities

2018 Predictions

2

In 2018, 30% of major global cities will develop an outcomes-based Smart City IoT platform strategy to connect devices, collect, and manage data from various city domains and tech suppliers, will rapidly deploy new solutions, and will create a unified view of the city.

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Worldwide Smart Cities

2018 Predictions

3

By 2019, 25% of midsize to large cities will feel the effects of digital transformation on revenue in parking and transit collections, options for ad-based revenue, and potential premium data services offerings.

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Worldwide Smart Cities

2018 Predictions

4

By 2019, one-third of major cities will regulate ride-hailing companies as public transit providers to combat congestion, improve rider safety, and reduce liabilities in procuring first- and last-mile transit options.

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Worldwide Smart Cities

2018 Predictions

5

By 2019, 20% of local, state, and regional governments globally will develop blockchain initiatives to reduce operational and processing costs, improve data integrity and sharing, and embed security and privacy protocols into registries and contracts.

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Worldwide Smart Cities

2018 Predictions

6

By 2019, up to 50% of Smart City projects globally will be funded via PPPs, nonprofits, or MOUs as cities and tech vendors seek new ways to work together beyond traditional procurement models.

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Worldwide Smart Cities

2018 Predictions

7

By 2020, at least three large-scale urban initiatives will allow individuals to personally interact with objects — such as street lights, street kiosks, and tourist structures — to access new experiences, information, and services.

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Worldwide Smart Cities

2018 Predictions

8

In response to developments in connected vehicles and pressures for improved safety, by 2020, 20% of midsize to large cities will begin to implement V2X capabilities to optimize traffic flow and significantly reduce collisions.

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Worldwide Smart Cities

2018 Predictions

9

By 2020, 15% of large global city and state emergency management organizations will use a combination of augmented and virtual reality solutions to improve situational awareness with remote incident management and virtual subject matter expertise.

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Worldwide Smart Cities

2018 Predictions

10

Because of Smart Cities' increasing exposure to cyberattack, by 2020, 70% of national governments will create and enforce common cybersecurity standards (such as data management rules and connectivity security) for all levels of government.

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Trusted Partner for Digital IT, BI Analytics, Automation & Data Management USA 1923 Bragg St #140-3219 Sanford, NC 27330 +1-30235 14656

CANADA 35 Capstone Crescent Nova Scotia, B4B OH1 +1 902 279 1797

INDIA AUSTRALIA 17/1, Amblipura, Bellandur 21 Hammerwood Avenue Bengaluru Derrimut, 3030 Vic +91-99524 22243 +1-30235 14656