According to global technology intelligence firm ABI Research, worldwide investments in smart pole and smart corridor technologies will grow from US$10.8 Billion in 2022 to more than US$132 billion in 2030. More than 10.8 million smart poles will have been installed by 2030.
“The aging concept of smart cities has largely failed to deliver its promises. New approaches are required in the form of more scalable, holistic, and effective solutions to transform smart urban infrastructure and accelerate its deployment,” says Dominique Bonte, VP, Verticals and End Markets at ABI Research. “Smart Corridors and Smart Poles are expected to redefine the Intelligent Transportation Systems (ITS) and the wider Smart Cities markets.”
Smart poles are multi-functional aggregation points for smart urban infrastructure, built on top of smart streetlights and connected utility poles. They represent a cost-efficient, scalable, and modular framework for deploying the whole spectrum of smart urban infrastructure, ranging from 5G small cells (in the form of cellular network densification) and Wi-Fi hotspots to surveillance and traffic cameras, signage and information displays, air quality and flood monitoring solutions, and charging points for two- and four-wheel vehicles and drones, including renewable energy generation.
Learn more at https://www.abiresearch.com/