More than half of our global population today lives in urban areas. By 2050, that count is projected to climb to nearly 70%.
As more people move to urban areas every year, cities are faced with new, unique challenges. Communication, mobility, water, waste, and energy infrastructure services have been strained by disinvestment, opening the door for large-scale disruption.
The pressure to keep up with rising demand for core urban services in the face of rapid growth has catalyzed the marriage of technology and infrastructure. With new solutions emerging every day, cities are beginning to rely on real-time data to connect people to their environments. Monitoring roads, water pipes, waste bins, and more allows city planners and infrastructure operators to more effectively design, build, and maintain critical infrastructure assets. The smart city movement is already rolling and has no plans of slowing down.
Within this research brief we will explore how cities are using smart technology to create more efficient, sustainable, and liveable urban communities. From solar-powered roadways to decentralized microgrids, we cover it all. With $3.7 trillion in annual investment needed to lift our national infrastructure network into the digital age, find out how the built industry is playing the most critical role in creating the cities of tomorrow.