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Machine-to-Machine (M2M) communications growth is expected to accelerate, particularly in certain industry verticals, and especially due to the anticipated Internet of Things (IoT) ecosystem. One of the key areas of growth for M2M and IoT falls within the area of smart homes, smart buildings including offices and industrial, and smart cities.
One of the original definitions of a “smart home” is a residence that has highly advanced automatic systems for lighting, temperature control, multi-media, security, window and door operations, and many other functions. With the expansion of broadband communications and M2M/IoT, intelligence in the home is taking on a whole new meaning as various connected home applications are transforming entertainment, information, health and general well-being. Some of the key Smart Home topics covered in this report are:
- Key Elements of Smart Home
- Smart Home Ecosystem Analysis
- Evolution of Smart Home Ecosystem
- Future of Smart Home Apps and Services
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Mind Commerce anticipates significant investment in both traditional infrastructure (such as intelligent transportation systems) as well as next generation ICT systems (such as sensors monitoring water levels, energy usage, traffic flows, and security cameras, and sending that data directly to city administrators). In addition, certain governments are making substantial investments in political, human and social capital. For example, India has recently announced a goal to develop up to 100 smart cities country-wide. Some of the key Smart City topics covered in this report are:
- Smart City Strategies
- Essential Elements of Smart City
- Global Smart City Development
- Framework for Smart City and Role of M2M
While measuring the direct ROI will be problematic for the next few years, longer term objectives include sustainable economic development and a high quality of life, with wise management of natural resources, through participatory action and engagement.