How smart cities are driving IoT market

Connected Things Installed Base Within Smart Cities
Smart cities will be using 1.6 billion connected things (IoT) in 2016, an increase of 39 percent from 2015.

Sub categories of Smart cities

Healthcare will be using 3.4 million IoT devices in 2015, 5.3 million in 2016 and 8.4 million in 2017.

Public Services will be using 78.6 million IoT devices in 2015, 103.6 million in 2016 and 133.1 million in 2017.

Smart Commercial Buildings will be using 377.3 million IoT devices in 015, 518.1 million in 2016 and 733.7 million in 2017.

Smart Homes will be using 174.3 million IoT devices in 2015, 339.1 million in 2016 and 621.8 million in 2017.

Transport will be using 276.9 million IoT devices in 2015, 347.5 million in 2016 and 429.2 million in 2017.

Utilities will be using 260.6 million IoT devices in 2015, 314 million in 2016 and 380.6 million in 2017.

“Smart commercial buildings will be the highest user of Internet of Things (IoT) until 2017, after which smart homes will take the lead with just over 1 billion connected things in 2018,” said Bettina Tratz-Ryan, research vice president at Gartner.

“Especially in large sites, such as industrial zones, office parks, shopping malls, airports or seaports, IoT can help reduce the cost of energy, spatial management and building maintenance by up to 30 percent,” said Tratz-Ryan.

In 2016, commercial security cameras and webcams as well as indoor LEDs will drive total growth, representing 24 percent of the IoT market for smart cities.

IoT deployment in commercial buildings will reach just over 1 billion in 2018.

The Gartner report said incentives into the deployment of IoT in commercial real estate will fuel its development. The U.K.’s building information modelling (BIM) mandate requires that all public sector construction commencing in 2016 complies with BIM (level 2). BIM utilizes data models coming from various information sources including IoT, which will be used by commercial real estate in the future.

Smart homes will represent 21 percent of total IoT use in smart cities in 2016, and will record the highest increase over the next five years.

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