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With the expansion of the IoT market in the next 10 years, smart city communication networks need to continue to evolve
.
The global smart city communication network market is expected to reach $13.
4 billion by 2027
A new report by Navigant Research, an international market research firm, examines the smart city communication networks market in the energy, water, transportation, buildings, and government sectors and provides a global forecast
to 2027.
In smart cities, the evolution of communication networks is the cornerstone
of future market development.
Communications networks connect sensors, controllers, cameras, and other hardware infrastructure to capture valuable data
from urban environments.
As the global smart city market enters a period of increasing maturity, the growing focus on basic communication networks provides more options for a variety of applications that meet unique connectivity needs
.
According to the report, the global smart city communication network market is expected to grow from $5.
8 billion in 2018 to $13.
4 billion by 2027.
"Ultimately, cities will need several different types of communication networks to execute a comprehensive smart city strategy
.
" Ryan Citron, senior research analyst at Navigant Research, said, "While there are many connectivity options on the market that can coexist, all stakeholders should recognize the important role that 5G networks will play in the coming decades, especially if emerging low-power cellular options are identified as part of
the 5G portfolio.
”
According to the report, a wide range of communication network options exist, including fiber, RF mesh, cellular, wireless networks, powerline communications and low-power wide area networks
.
As the IoT market expands over the next 10 years, these communication networks need to continue to evolve and there is growing
interest in emerging cellular products such as 5G networks and narrowband IoT (NB-IoT).
，
With the expansion of the IoT market in the next 10 years, smart city communication networks need to continue to evolve
.
The global smart city communication network market is expected to reach $13.
4 billion by 2027
4 billion by 2027
A new report by Navigant Research, an international market research firm, examines the smart city communication networks market in the energy, water, transportation, buildings, and government sectors and provides a global forecast
to 2027.
In smart cities, the evolution of communication networks is the cornerstone
of future market development.
Communications networks connect sensors, controllers, cameras, and other hardware infrastructure to capture valuable data
from urban environments.
As the global smart city market enters a period of increasing maturity, the growing focus on basic communication networks provides more options for a variety of applications that meet unique connectivity needs
.
According to the report, the global smart city communication network market is expected to grow from $5.
8 billion in 2018 to $13.
4 billion by 2027.
"Ultimately, cities will need several different types of communication networks to execute a comprehensive smart city strategy
.
" Ryan Citron, senior research analyst at Navigant Research, said, "While there are many connectivity options on the market that can coexist, all stakeholders should recognize the important role that 5G networks will play in the coming decades, especially if emerging low-power cellular options are identified as part of
the 5G portfolio.
”
According to the report, a wide range of communication network options exist, including fiber, RF mesh, cellular, wireless networks, powerline communications and low-power wide area networks
.
As the IoT market expands over the next 10 years, these communication networks need to continue to evolve and there is growing
interest in emerging cellular products such as 5G networks and narrowband IoT (NB-IoT).
，
