5G Cities: Connecting People, Here, There & Everywhere Lani Ingram VP, Verizon Smart Communities
Verizon is Building for the Future Technology Trends & Revolutions
5G & Multi-access Edge Compute (MEC) $12.3T of global economic output by 2035 and supports 22M jobs worldwide 5G networks expected to generate $533B in US GDP & $1.2T in consumer benefits Massive Connectivity Billions of devices connected MEC Distributed Compute & Storage 1. https://www.verizon.com/about/our-company/5g/what-5g#howfast 2. https://www.forbes.com/sites/stevepociask/2018/02/28/5g-investment-will-increase-jobs-and-benefit-consumers-withoutcosting-taxpayers-a-dime/#5b843101540e
Smart Cities, IoT and Autonomous Mobility Smart Cities expected to be a $1.5T market by 2020; IoT tech at $6.2B by 2025 1.3M people moving to cities every day 8B+ hrs US stuck in traffic; 17-hrs/day finding a parking spot 2.5M autonomous cars in US by 2023 IoT connected devices expected to surpass mobile in 2018 75% of leaders have more favorable view of IoT than just 2 yrs ago https://cybersecurityventures.com/cybersecurity-market-report/ http://smartcityhub.com/governance-economy/smart-cities-facts-and-figures-drivers-and-solutions/ http://thenewswheel.com/americans-wasted-8-billion-hours-stuck-in-traffic-last-year/ https://www.theguardian.com/environment/2016/may/12/air-pollution-rising-at-an-alarming-rate-in-worlds-cities https://www.businesswire.com/news/home/20180831005410/en/u.s.-autonomous-car-market-2018-2023---20.8
AI, Computer Vision, AR/VR, Robotics & Drones 15% of businesses use AI today but 31% plan to add it in next year 22.4M Americans are virtual reality users 72% of business leaders believe AI is a fundamental advantage By 2020, $127B estimate of worth of drone industry By 2020, 30% of smart cities ambient care apps will use robotics Law enforcement drone use increased by 82% https://wwwimages2.adobe.com/content/dam/acom/uk/modal-offers/pdfs/econsultancy-2018-digital-trends.pdf http://www.emarketer.com/chart/us-virtual-reality-users-2016-2019-millions-change/208036 https://www.cmo.com/features/articles/2017/4/24/pwc-artificial-intelligence-will-be-the-business-advantage-of-the-future-tlp.html#gs.9tjbwta8 https://www.bloomberg.com/news/articles/2016-05-09/world-drone-market-seen-nearing-127-billion-in-2020-pwc-says https://www.gartner.com/smarterwithgartner/smart-cities-look-to-the-future/ https://dronecenter.bard.edu/public-safety-drones-update/
Security, Data, Privacy, Data Analytics & Platforms 978M people in 20 countries lost money to cybercrime last year 1,579 total number of publicly disclosed data breaches in 2017 Seamless transfer of data could be 40% of IoT application value 85% of citizens are willing to share personal data in exchange for improved municipal services Open data platforms needing analytics and ability to scale with data lake features that enable developer communities Computation and analytics to be done at the edge as well as centrally depending on the use case https://www.technologyreview.com/the-download/610043/hackers-stole-172-billion-from-people-in-2017/ https://www.idtheftcenter.org/2017-data-breaches/ http://empoweringcities.eiu.com/
Smart Cities Industry is Evolving Smart Cities 1.0 Create Smart Cities 2.0 Innovate Smart Cities 3.0 Scale 7
M2M Communication Key to Safe Autonomous Operation $80B C-V2X Spent to date by industry on AV DOT concluded V2X will save 4.5M crashes/yr, 81% of all multi-vehicle, unimpaired crash types Industry tee up for V2I Use Case * Early conceptual phase https://www.libertyadvisorgroup.com/insight/commercialization-of-autonomous-vehicles/ https://docplayer.net/94499488-driving-business-technology-transformations-of-the-future.html
Technology Revolutions Lead to Business Model Revolutions
Digital Inclusion & Economic Development The Homework Gap: 70% of teachers assign homework requiring access to broadband 5M households with school-age children with no bandwidth IoT could constitute 11% of the global economy by 2025 http://neatoday.org/2016/04/20/the-homework-gap/ https://books.google.com/books?id=ympadwaaqbaj&pg=pa38&lpg=pa38&dq=iot+could+constitute+11%25+of+the+global+economy+by+2025&source=bl&ots=idxtbfh0b0&sig=acfu3u12teh hrtwqpin5b1uowcqeoastaq&hl=en&sa=x&ved=2ahukewihlidkucvgahvhnoakhwk6dmqq6aewb3oecamqaq#v=onepage&q=iot%20could%20constitute%2011%25%20of%20the%20glo bal%20economy%20by%202025&f=false
We don t wait for the future. We build it.