Zpryme Smart Cities Report; Zypeyme research company's latest report for Asia
"Smart cities and their components are a rising market opportunity for companies in the smart grid value chain," he edict. While Europe is currently ahead in market share and prevalence, Asia is coming strong.
China; he's turning his face to smart city technologies to manage the ever-increasing wave of urbanization. Japan and Korea are also focused on smart city technologies in order to show a significant rise in quality of life and to be at the forefront of exports. As a result, the Asian smart city market will have a volume of $260 billion, up from $55.6 billion by 2020.
As predicted – smart networks are the basis of smart cities. And that's me; That's why I'm trying to help overcome the obstacles that are coming by joining the Smart Cities Council. The first members of this council, such as Cisco, GE, IBM, Itron, Microsoft and S & C Electric, talk about global solutions, not local solutions such as EDF and National Grid, when talking about smart networks. – Jesse Berst
Zpryme Smart Cities Report
In Zpryme's report, you can find details about smart city projects. However, pilot projects planned for "testing and integration with smart networks" are expected to be announced soon.
Below are Zpryme's predictions for Asia's smart city market and potential players.
Some of them include:
- Japan's latest government incentive package will create new business opportunities in renewable energy, smart city and smart grid market.
- State support and incentives in China, Japan and South Korea will continue to increase with the goal of accelerating the smart grid market.
- Software will want to learn how to use the abundance of data from active smart meters, and data analysis will grow.
- The continuous evolution of regulations (especially in China) and the regulatory structure; will be an important guide for energy efficiency and demand forecasting programs.
- Network and Distribution automation will account for the largest share of smart network-related investments.
- The tools that will bring the most profit on smart networks will be the tools that can receive and store data and information from customers.
- Renewable energy integration will continue to grow, but until energy storage technologies mature and challenge renewable energy along with other important strategic developments,
Jesse Berst is the News.com and chief analyst for Smart Grid, the industry's oldest and largest smart grid site. He makes a frequent keynote address at industrial events in the U.S. and abroad, but also serves on advisory committees for the Pacific Northwest National Laboratory and the Institute for Electrical Efficiency. It often provides strategic advice for launching large companies and venture-backed. He is a member of the GridGlo and Calico Energy Services advisory boards.