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Gartner: Smart cities will use 1.1 billion connected 'things' in 2015

There will be 1.1 billion connected things in 'smart cities,' according to Gartner

Michael Hatamoto | Mar 18, 2015 at 3:26 pm CDT (0 mins, 40 secs time to read)

There will be 1.1 billion connected things accessing the Internet of Things (IoT) to help power smart cities in 2015, according to the Gartner research group. That figure will increase up to 9.7 billion by 2020, as more products and services rely on the Internet.

Gartner: Smart cities will use 1.1 billion connected 'things' in 2015 | TweakTown.com

Forty-five percent of total connected things in use will be smart homes and smart commercial buildings - and that figure will rise up to 81 percent by 2020. The new opportunity provides great sales pipelines for manufacturers trying to provide connected solutions to customers.

"Smart cities represent a great revenue opportunity for technology and services providers (TSPs), but providers need to start to plan, engage and position their offerings now," said Bettina Tratz-Ryan, research VP at Gartner. "The majority of Internet of Things (IoT) spending for smart cities will come from the private sector."

Last updated: Apr 6, 2020 at 08:44 pm CDT

Michael Hatamoto

ABOUT THE AUTHOR - Michael Hatamoto

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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