This document discusses the growth of the Internet of Things (IoT) market and opportunities for smart cities. It notes that by 2020 there will be over 34 billion IoT devices connected, and that the IoT market is expected to generate trillions in spending between 2015-2020. Various industries and environments that can benefit from IoT solutions are described, including manufacturing, transportation, infrastructure, and more. The document advocates for using citizen-generated data and crowdsourcing to help cities better understand issues and optimize resources. Smartphone sensors and mobile applications are presented as ways to empower citizens to actively contribute data for smart city initiatives.
Related topics: