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ABI Research: AI-powered utility metering and video surveillance to dominate smart city market

January 21, 2020 / IoT News
SHARESHARESHARE

The latest smart cities market data report by ABI Research has predicted that smart utility metering and video surveillance would hold a significant portion of the smart city segment, with the number of connections representing 87% of the total number of smart city connections by 2026.According to the report, though surveillance cameras with embedded AI computing capabilities from vendors like NVIDIA are already being deployed, low latency 5G connectivity will allow real-time local response management in the future by utilising powerful cloud-based AI capabilities. Usually, both metering and surveillance IoT connectivity are increasingly being embedded in the wider strategies and concepts of resilience and circularity.