Overview of 2nd Smart Cities Asia 2016
After a successful 2015, Smart Cities Asia 2016 (SCA16) conference & exhibition is back once again in 2016. Asia has witnessed a strong drive towards smart cities in 2015. According to media reports citing data from Navigant Research, investment in smart city information and communication technology (ICT) in Asia Pacific will total $63.4 billion during the period from 2014 to 2023. The move towards smart cities comes on the heels of the technology of connected devices, and the IoT, as we commonly know it, has seen more adopters in 2015. The Asian region has been growing at between 5-6 % since 2010 and to support this annual growth, improvements in communication, energy, health, education, digital media and transport infrastructure are essential at this moment.
The Asia Pacific region is a primary driver of global urban development trends. A World Bank report suggests that in East Asia alone the average population of cities is increasing by 2.4 percent a year. This in itself creates a demand for security, as increasing population inevitably escalates crime rate and public management issues. Governments are forced to come up with initiatives to make cities safer and smarter.
With Smart Cities Asia 2016, companies and individuals can converge to explore new business opportunities and take the lead in the smart cities movement.