Smart Cities Market to More than Double by 2025
Navigant Research released a report this week predicting that global smart city revenue will grow from $36.7 billion this year to $88.7 billion by 2025. The report focuses on the energy, water, mobility, buildings and government elements of smart cities.
Energy will be a big part of smart city development both from the supplier and end user sides. Buildings, for instance, will increasingly monitor through sub-metering and energy management systems. This will enable proactively usage control. The increasingly bidirectional nature of the grid also will help cities use energy more efficiently. The challenge, the report says, is turning the vision from pilot projects “to large-scale, financially sound deployments.”
Peter Feuilherade suggests that smart buildings are an important element of smart cities from the energy, transport, water and air quality perspectives.
- Financing Environmental Resiliency and a Low-Carbon Future with Green Bonds
- Advanced Rooftop-Unit Control (ARC) Retrofits: Field Demonstrations Validate Energy Savings
- The Corporate Sustainability Professional's Guide to Better Data Management
- eBook: Five Key Considerations for Integrating Renewables into Your Procurement Strategy
- Improve Occupant Comfort & Reduce Energy Costs Through Humidity Control
- Strategies for a Successful EHS&S Software Selection
- Choosing the Correct Emission Control Technology
- The New Energy Future - Challenges and Opportunities in Corporate Energy Management
- Four Key Questions to Ask Before Your Next Energy Purchase
- 2016 Energy and Sustainability Predictions Findings from Facilities Professionals