For those who are unfamiliar, when it comes to Smart street management technologies, DigitalEcono talks about smart solutions for street lighting, urban mobility, waste collection, and public safety.
In our dynamic mobile
environment where the growth in network capabilities, including 4G, 5G, and
low-power networks, and the increasing interoperability across networks are streamlined,
it is obvious that, Smart street management technologies are changing the way
city streets are used, experienced, and managed, transforming.
In fact, our living and
working conditions are increasingly improved with the streamlined ability to
collect, manage, and analyze actionable data from multiple sources, as well as
in the provision of better information to residents, visitors, and businesses.
According to a new report from
Navigant Research, the global market for smart street solutions will grow from
$552.2 million in 2015 to $5.3 billion by 2024.