Category: Smart City

Smart Cities Market Future Growth | Trends | Analysis – 2023

The smart cities market is expected to grow from USD 308 Billion in 2018 to USD 717 Billion by 2023, at a CAGR of 18.4%. The Smart Cities Market has witnessed substantial growth, owing to need for public safety and communications infrastructure, increasing number of government initiatives and PPP models for smart cities, growing adoption of connected and smart technologies in smart cities initiatives,optimizing the use of energy during peak hours, and citizen empowerment and engagement.

Why Smart Buildings Are Vulnerable To Hackers

A smart building may contain many Building Automation Systems, which share information and control various aspects of the environment. Striking a balance between connectivity between devices and safeguarding data from leaks or hacks is a big challenge. In a network of dozens or hundreds of sensors, there are numerous opportunities for attackers to break into a system.
Specific threats include malware, which can be used to take control of a computer system that controls automated systems, spyware, phishing scams, and worms. Cybersecurity firm Kaspersky says that at least 40% of smart buildings are at risk of attack.

Egypt’s building a new capital: Inside the smart city in the desert

Egypt’s new capital, being built between the Nile and the Suez Canal, will be the country’s first smart city. The strategic vision for this smart city includes integrating its smart infrastructure to provide many services such as: smart monitoring of traffic congestion and accidents, smart utilities to reduce consumption and cost, smart buildings and energy management including a focus on renewable energy and using IoT to save power consumption, as well as “building optical-fiber infrastructure connecting every building using FTTX technology.

Buildings to see a spur in cyberthreats as they become more connected

Building Internet of Things (BIoT) will likely see a spur in cyberthreats as they become more connected suggest Honeywell prediction. The surge of smart buildings will put data and reputation of companies at potentially greater risk due to less-guarded entry points for buildings and lack of focus on cybersecurity when managing OT (Operational Technology). Another prediction was around cybersecurity for OT in buildings. The technology giant suggested that with buildings becoming smarter, they tend to produce more connected data, thereby attracting more potential threats.

The Newsletter Of The Fiber Optic Association

We’re only a few days into the New Year and all we can say is the outlook is uncertain. The enthusiastic hype that has filled the news in the past with promises of 5G solving the world’s problems has turned to skepticism. “Smart” cities are being discussed as not such a smart idea anymore. The latest battles in the “pole wars” we’ve written about before now focus on placement of small cells for 4G/5G, not on installing aerial fiber optic cables.

Smart city technology for a more liveable future

As cities get smarter, they are becoming more livable and more responsive—and today we are seeing only a preview of what technology could eventually do in the urban environment. Now technology is being injected more directly into the lives of residents. Smartphones have become the keys to the city, putting instant information about transit, traffic, health services, safety alerts, and community news into millions of hands.