A new report from ABI Research explains why smart cities technologies -- and intelligent transportation services (ITS) in particular -- will become key policy areas for local governments soon if they aren't already.
According to the research firm, by 2025 penetration of ITS technologies in smart cities will range from 20% (autonomous vehicles) to 98% (traffic management).
“While numerous smart city projects are currently testing or deploying multimodal transportation, traffic management, adaptive traffic signaling, transit ticketing and smart parking payment solutions, the focus will shift to urban tolling and freight systems to address rampant congestion and pollution issues, especially in developing regions," notes ABI VP and practice director Dominique Bonte.
Bonte also believes widespread adoption of car sharing and on-demand taxis will be needed by the start of the next decade to cope with the unstoppable urbanization trend.
The ABI report also hits on a theme covered extensively in the Council's Smart Cities Readiness Guide. That being how important it is for city governments and technology providers to adopt holistic approaches that maximize the combined effect of technologies within and across the energy, transportation, communication, education, retail, construction, public services and healthcare verticals. Doing so, as ABB puts it, will "unlock the full potential of smart cities in terms of sustainability, quality of life, efficiency and economic growth."
- Read more about ABI's ITS research >>
- Get the Readiness Guide for smart transportation case studies and best practices >> (free one-time registration required)
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