Digital twin technology is becoming synonymous with smart cities, an outgrowth of related areas like AI or IoT devices.
Smart
city devices can collect data to develop a digital twin of a city or
neighborhood better to understand new developments or other changes to
the area.
- IoT and digital twins are a
perfect match as they create the ability to interact virtually with all
physical smart devices at all levels of the digital twin model.
- The
development of smart devices like traffic or environmental sensing, as
well as intelligent transportation management systems, are creating
troves of data.
- Cities do a lot of planning and have a lot of infrastructure, making them a prime area for digital twin technology.
- Existing
data from traffic management systems or smart lighting can be used to
build the digital twin to create models that show how things will work
physically.
- Digital twins can help cities plan for urban expansion and safer and more efficient cities.
- The digital twin market is expected to grow to $73.5B by 2027, with an annual growth rate of 60%.
