A new report claims that smart traffic management and parking projects will reduce congestion for the 700 million cars that are expected to be on the world’s roads in 2019.
The report by Juniper Research also estimates that such systems would cut CO2 emissions by 164 million metric tonnes (MMT) from 2014 to 2019.
‘Smart Cities: Strategies, Energy, Emissions & Cost Savings 2014-2019’ says that sensor-networked and monitored city communications infrastructure, efficient traffic lights and real-time traffic information for drivers can significantly reduce congestion.
The report also states that digitally monitored parking spaces with the capacity to alter prices according to availability will help control time spent looking for parking, and that smart street lighting can contribute to cost savings.
Juniper Research suggests that while purpose-built Smart Cities, such as Masdar City (UAE) and Songdo (South Korea) can be considered a technological success, the benefits have not yet been fully realised owing to lack of citizen involvement.
For more information visit the Juniper Research website.