What are the benefits of smart cities?
A smart city is a technologically modern urban area that uses different types of electronic techniques, sensors to collect specific data and voice activation methods. It contains data that is gathered from citizens, buildings, devices, and assets, analyzed and processed to monitor and handle transportation and traffic systems, utilities, water supply networks, waste, crime detection, power plants, information systems, schools, libraries, hospitals, and other community services.
The rising momentum of the global smart cities market is attributed to characteristics like the growing requirement for communication infrastructure and public safety, and also, the rising number of government initiatives and PPP models for smart cities.
IoT and artificial intelligence (AI) compelled technologies are being utilized in smart cities to support a communication infrastructure, healthier environment, enhance public transportation, and improve safety. In addition to this, according to the research report of Astute Analytica, the Global Smart Cities Market is growing at a compound annual growth rate (CAGR) of 20.5% during the forecast period from 2022 to 2030.
The benefits of the smart cities: -
Efficient Transportation
A benefit of a smart city is the increased efficiency of public transportation through real-time data analytics of vehicular traffic. An example would be “connected cars,” referring to intelligent transit systems that provide location data for navigation and traffic management. To achieve this, sensors and cameras are installed at bus and train stations and on the vehicles themselves, allowing traffic managers to monitor commuters and car traffic, allowing for accurate forecasts and minimizing congestion on public roads.
Digital Equity
Digital equity is a term that directs to communities and individuals who fully partake in the democracy of the city, society, and economy via smart devices and internet access. Smart cities allow civilians to input data concerning private and public services via mobile devices utilizing the internet like immediate feedback and real-time updates regarding city services. As data and governing operations become increasingly decentralized, more options for cooperation and self-services create smart cities an appealing place to stay. Digital equity could grow satisfaction and trust between parties as opinions and feedback are exchanged.
Increased Security
Another benefit of smart cities is improved security via visibility of hidden and remote areas, that lead to safer neighbour hoods through available surveillance. Also, real-time monitoring by emergencies, IoT devices, and accidents can be solved at rapid speed. Examples of real-time monitoring include car-plate recognition systems and live video analysis for security cameras.
Low-Carbon Emission Technology
Smart cities use low-carbon energy resources and can watch energy consumption rates, letting smart cities preserve and control restricted resources. Also, smart grid solutions and IoT gateway play a critical role in the energy resources of a smart city, as they allow to watch and handle decentralized energy sources.
Improve Citizen Health and Wellbeing
IoT devices support enhancing citizen health by observing pollution levels in smart cities. Smart cities can notice problems around high-pollution areas and ensure to take action to tackle these issues before they expand. Therefore, big data collection in smart cities can enhance citizen well-being and health by recognizing problems allowing for more strong decision-making by smart city managers.