Smart Poles : Next Technology Revolution
Smart Pole : Next Technology Revolution
Smart poles are becoming more popular due to their multi-functionality. Smart poles are an essential component of the smart city infrastructure, which aims to make cities more efficient, sustainable, and safer. They are designed to support the development of smart cities by providing a network of infrastructure that can support the integration of advanced technologies such as 5G, IoT, and AI
There is a rise in the need for a well-established, resilient infrastructure for proper traffic management, as well as an increase in the use of connected devices and cutting-edge technologies. Smart poles, also known as intelligent light poles, can provide primary illumination as well as sophisticated features such as intelligent lights, communication devices, cameras, weather monitoring systems, announcement speakers, signs, and an optional EV charger. Smart poles are commonly used in essential sites such as public spaces, roadways, highways, harbors, and railways, as well as by many state governments to provide Wi-Fi connectivity to their citizens.
However, countries with limited resources are unable to employ smart pole solutions due to the high cost of establishing the 5G smart pole, Internet of Things (IoT), and artificial intelligence (AI) systems. This factor is expected to hamper the smart poles market growth. The cost of transforming existing infrastructure serves as a constraint for governments to retain large-scale investments. Though smarter infrastructure reduces operating costs and increases energy efficiency, upfront costs are a significant obstacle to the market growth
The global smart poles market was valued at $7.1 billion in 2021, and is projected to reach $35.9 billion by 2031, growing at a CAGR of 17.9% from 2022 to 2031
Smart Poles By Type of Hardware:
• Lighting Lamp
• Pole Bracket and Pole Body
• Communication Device
• Controller
• Others
Smart Poles By Application:
• Highways and Roadways
• Public Places
• Railways and Harbors
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Source: LinkedIn
Credits: Future Technology & Artificial Intelligence: AI, Robotics, Blockchain, No-Code, VR, Web3 | Metaverse