A new report from Guidehouse Insights examines the evolution of 5G technology and its relevance to cities and communities.
The link between 5G networks and smart cities is often described in almost utopian terms. Beyond the hype, however, the emergence of a new generation of communication technologies is accelerating and amplifying smart city innovation in all its complexity. Click to tweet: According to a new report from Guidehouse Insights, 5G networks have the potential to address important barriers to smart city development, but they will also increase concerns over security, privacy, and digital equity.
“Smart cities will be one of the most important testing grounds for 5G technology and business models, while 5G will accelerate many of the developments associated with smart cities,” says Eric Woods, research director with Guidehouse Insights. “Cites—and their partners—looking at their connectivity needs over the next decade need to understand the short-term opportunities and longer-term implications of the 5G era and develop strategies appropriate to local priorities and constraints.”
The report recommends city leaders consider the impact of 5G and their role in its development across five dimensions, including the use of city assets, the transformation of services, and economic development. Carriers and 5G suppliers need to engage with city priorities beyond new technology applications, including addressing social equity and digital inclusion issues. Carriers should see smart cities as a proving ground for their broader ambitions in the 5G era, while technology providers can help build relationships between cities and 5G service providers.
The report, 5G Will Create the Hyperconnected Smart City, explores the opportunities and challenges facing cities and their partners at the intersection of 5G and smart cities. It examines the evolution of 5G technology and its relevance to cities and communities. It looks at key use cases and examples of early adopters. The report also explores the strategies of global carriers and infrastructure vendors that are leading the development and deployment of 5G networks and solutions. An executive summary of the report is available for free download on the Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
Guidehouse is a leading global provider of consulting services to the public and commercial markets with broad capabilities in management, technology, and risk consulting. We help clients address their toughest challenges with a focus on markets and clients facing transformational change, technology-driven innovation and significant regulatory pressure. Across a range of advisory, consulting, outsourcing, and technology/analytics services, we help clients create scalable, innovative solutions that prepare them for future growth and success. Headquartered in Washington DC, the company has more than 7,000 professionals in more than 50 locations. Guidehouse is led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets and agenda-setting issues driving national and global economies. For more information, please visit: www.guidehouse.com.
* The information contained in this press release concerning the report, 5G Will Create the Hyperconnected Smart City, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.