With the Internet of Things market set to expand over the next 10 years, there is a need for continued evolution of smart city communication networks

A new report from examines the market for smart city communication networks across the energy, water, mobility, buildings, and government sectors, providing global forecasts through 2027.

In smart cities, the evolution of communication networks—which connect the sensors, controllers, cameras, and other hardware infrastructure capturing valuable data from the city environment—serves as a fundamental building block for further market development. As the global smart city market moves into a period of increasing maturity, a growing focus on underlying communication networks are presenting more options for a variety of use cases, each meeting unique connectivity needs. : According to a new report from , the global market for smart city communication networks is expected to grow from $5.8 billion in 2018 to $13.4 billion in 2027.

“Ultimately, cities will need several different types of communication networks to execute on any comprehensive smart city strategy,” says Ryan Citron, senior research analyst with Navigant Research. “While there will be space in the market for many connectivity options to coexist, all stakeholders should recognize the importance that 5G networks will take on in the coming decades, particularly if emerging low power cellular options are recognized as part of the 5G portfolio.”

According to the report, a wide range of communication network options exist today, including fiber, radio frequency (RF) mesh, cellular, Wi-Fi, power line communications (PLC), and low power wide area networks (LPWANs) such as LoRa and Sigfox. With the Internet of Things (IoT) market set to expand over the next 10 years, there is a need for continued evolution of these networks and increasing interest in emerging cellular offerings such as 5G networks, Narrowband IoT (NB-IoT), and LTE-Cat-M1.

The report, , analyzes the challenges and opportunities for smart city communication networks, with a focus on the five main sectors: smart energy, smart water, smart mobility, smart buildings, and smart government. The study explores the market issues and dynamics associated with smart city communications and covers the viewpoint of communication service providers, communication infrastructure vendors, IT vendors, and city governments. Global market forecasts, segmented by region and industry sector, extend through 2027. The report also examines the key communication technologies related to smart city communication infrastructure, as well as the competitive landscape. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Smart City Communication Networks Market Overview, is a summary and reflects Navigant Research’s current expectations 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 Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: The Annual Market for Global Smart City...

Hospitals should integrate business planning and technology strategies to capture the value of solutions while leveraging available data for competitive advantages

A new report from examines the pressures healthcare organizations face, and how the adoption of intelligent building solutions can increase efficiencies and patient satisfaction.

Demands for improved economic performance are pushing healthcare organizations to look for new ways to create profit and reduce costs while also increasing the quality of patient care. Intelligent building solutions can help accomplish these goals through the use of connected devices, intelligent analytics, and enterprise platforms. : According to a new report from , integrating disparate systems with intelligent building solutions can make hospital facilities more efficient, productive, and sustainable.

“Integration in hospitals refers to the integration of various systems, such as building automation systems, real-time location systems (RTLSs), nurse call, and admission, discharge, and transfer (ADT) systems,” says Christina Jung, research analyst with Navigant Research. “When these systems communicate, hospitals can both reduce operating costs and deliver better patient care.”

Navigant Research recommends that hospitals integrate business planning and technology strategies to capture the value of their intelligent building solutions, while also leveraging available data to gain competitive advantages against emerging players in other industries. Meanwhile, according to the report, vendors should promote the advantages of intelligent building solutions beyond energy and operational efficiency, such as enhanced occupant comfort, improved space utilization, and more.

The report, , examines the opportunities presented by a more value-based, efficient practice of medicine. The study looks at the pressures healthcare organizations face and the subsequent adoption of intelligent building solutions. It also discusses how these solutions will increase energy efficiency and patient satisfaction by integrating building and clinical systems. Recommendations are provided on how to communicate the advantages of intelligent building solutions and how best to benefit from these solutions. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Intelligent Building Solutions Bring Competition, Profitability, and Benefits to the Healthcare Industry, is a summary and reflects Navigant Research’s current expectations 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 Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Intelligent Building Solutions Make Hospital...

Rapid market growth is expected to continue as energy storage system prices further decline

A new report from examines key trends, challenges, and growth projections in the energy storage for the grid and ancillary services (ESGAS) market.

While the ESGAS industry has matured significantly over the past two years, activity remains concentrated in select countries. In these countries, the availability of financing, favorable regulations, and innovative business models are helping to drive unprecedented growth. : According to a new report from , in 2018, the global ESGAS industry is projected to deploy 1,220.7 MW of new capacity, growing to 29,300.5 MW by 2027.

“Despite slower than expected growth in 2017, the grid-scale storage market is rapidly expanding,” says Alex Eller, senior research analyst at Navigant Research. “Key trends that are facilitating growth include a major reduction in the time to build new projects and the availability of financing driven by greater investor confidence and the involvement of larger corporations through recent mergers, acquisitions, and new market entrants.”

According to the report, many countries have recently seen significant growth in renewable generation, but energy storage has yet to take hold. This is expected to change in the coming years as energy storage system (ESS) prices continue to decline and project developers gain experience efficiently building, integrating, and monetizing ESSs alongside renewable plants.

The report, , provides an update on the market drivers, technology and application issues, and regional market developments related to the global ESGAS market. The study examines key ESGAS trends, challenges, and growth projections. Global market forecasts, segmented by region, technology, and application segment, extend through 2027. The report also examines trends in the development of combined renewable energy and ESS plants around the world, as well as the major merger and acquisition activity in the global utility-scale energy storage industry. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Market Data: Energy Storage for the Grid and Ancillary Services, is a summary and reflects Navigant Research’s current expectations 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 Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: New Global Capacity Deployments for Energy...

Reliability, flexibility, and cost concerns around the nation’s power infrastructure are rapidly pushing DER innovation forward

A new report from examines Australia as an ideal environment to capitalize on distributed energy resources (DER) integration technologies and strategies.

While Australia is often perceived as an isolated energy market, recent developments are steering industry focus its way. Power outages, wholesale and retail price spikes, and among the highest penetrations of distributed solar PV in the world are laying the groundwork for energy innovation in Australia, especially when it comes to DER integration. : According to a new report from , Australia has become an incubator and a laboratory where DER opportunities ranging from remote microgrids to virtual power plants (VPPs) to transactive energy (TE) can be tested and validated.

“Blackouts and skyrocketing retail power prices in 2017 have created the perfect storm in Australia for quick answers to reliability, flexibility, and cost containment,” says Peter Asmus, research director with Navigant Research. “If there is one place in the world where the promises of DER can be validated sooner rather than later, for both prosumers and consumers, that place is Australia.”

According to the report, the discussion in Australia boils down to the business case behind customers remaining with the grid network, contrasted with the impulse to abandon the grid. If implemented right, DER integration solutions offer the benefits of resiliency, reliability, and participation in what has been described as the electron commons, sharing the economic and environmental benefit embedded in clean energy assets.

The report, , discusses why Australia is an ideal environment for DER integration technologies and strategies. The study also examines how these solutions offer revenue opportunities with wide-ranging applications for global markets today and how some Australian vendors are leading the charge. It explores the prospects provided by Australia’s DER integration initiatives, including advanced remote microgrids, prosumer-based VPPs, and cutting-edge TE options such as blockchain, and how they will affect utilities, private technology vendors, and consumers. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Capitalizing On Integrated DER in Australia, is a summary and reflects Navigant Research’s current expectations 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 Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Australia Is Positioned As an Incubator,...

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