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Infographic: The Anatomy of a Smart City

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The Anatomy of a Smart City

The Anatomy of a Smart City

There is no doubt that the city will be the defining feature of human geography for the 21st century.

Globally, there are 1.3 million people moving to cities each week – and by 2040, a staggering 65% of the world’s population will live in cities.

At the same time, the 600 biggest urban areas already account for 60% of global GDP, and this will only rise higher as cities become larger and more prosperous. In fact, experts estimate that up to 80% of future economic growth in developing regions will occur in cities alone.

The Smart City: A Necessary Step

As cities become an even more important driver of the global economy and wealth, it’s becoming crucial to ensure that they are optimized to maximize efficiency and sustainability, while enhancing the quality of life in each urban conglomeration.

Today’s infographic from Postscapes helps define the need for smart cities, and it also gives great examples of how technology can be applied in urban settings to facilitate cities that work better for their citizens.

Features of Tomorrow’s Cities

Smart cities will use low power sensors, wireless networks, and mobile-based applications to measure and optimize everything within cities.

Here are just some examples: (click below image to open full-size version)

How to Build Smarter Cities

Smart city solutions will fall into six broad categories, transforming the urban landscape:

1. Infrastructure
Smart lighting is one of the most important solutions that will be implemented in citywide infrastructure. While smart lighting sounds trivial at first glance, it’s worth noting that lighting alone consumes a whopping 19% of the world’s total electricity.

2. Buildings
Heating, energy usage, lighting, and ventilation will be managed and optimized by technology. Solar panels will be integrated into building design, replacing traditional materials. Fire detection and extinguishing is tailored to individual rooms.

3. Utilities
Smart grids (used for energy consumption monitoring and management), water leakage detection, and water potability monitoring are just some smart city aspects on the utilities side.

4. Transport
Intelligent, adaptive fast lanes and slow lanes (cycling, walking) will be implemented, while charging stations through the city will power EVs.

5. Environment
Air pollution control, renewable energy, and waste management solutions will make for greener cities. Rooftop gardens or side vegetation will be integrated into building designs, to help with insulation, provide oxygen, and absorb CO2.

6. Life
There will be citywide Wi-Fi for public use, while real-time updates will provide citizens information on traffic congestion, parking spaces, and other city amenities.

The Effect?

Cisco estimates that smarter cities will have impressive increases in efficiency: using many of the above concepts, cities can improve energy efficiency by 30% in 20 years.

Simultaneously, it’s estimated that the broad market for smart cities products and services will be worth $2.57 trillion by 2025, growing at a clip of 18.4% per year on average.

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Ranked: The 20 Biggest Tech Companies by Market Cap

In total, the 20 biggest tech companies are worth over $20 trillion—nearly 18% of the stock market value globally.

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A portion of the top 20 biggest tech companies visualized as bubbles sized by market cap with Apple as the biggest.

Ranked: The 20 Biggest Tech Companies by Market Cap

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

The world’s 20 biggest tech companies are worth over $20 trillion in total. To put this in perspective, this is nearly 18% of the stock market value globally.

This graphic shows which companies top the ranks, using data from Companiesmarketcap.com.

A Closer Look at The Top 20

Market capitalization (market cap) measures what a company is worth by taking the current share price and multiplying it by the number of shares outstanding. Here are the biggest tech companies according to their market cap on June 13, 2024.

RankCompanyCountry/RegionMarket Cap
1AppleU.S.$3.3T
2MicrosoftU.S.$3.3T
3NvidiaU.S.$3.2T
4AlphabetU.S.$2.2T
5AmazonU.S.$1.9T
6MetaU.S.$1.3T
7TSMCTaiwan$897B
8BroadcomU.S.$778B
9TeslaU.S.$582B
10TencentChina$453B
11ASMLNetherlands$415B
12OracleU.S.$384B
13SamsungSouth Korea$379B
14NetflixU.S.$281B
15AMDU.S.$258B
16QualcommU.S.$243B
17SAPGermany$225B
18SalesforceU.S.$222B
19PDD Holdings (owns Pinduoduo)China$212B
20AdobeU.S.$206B

Note: PDD Holdings says its headquarters remain in Shanghai, China, and Ireland is used for legal registration for its overseas business.

 

Apple is the largest tech company at the moment, having competed with Microsoft for the top of the leaderboard for many years. The company saw its market cap soar after announcing its generative AI, Apple Intelligence. Analysts believe people will upgrade their devices over the next few years, since the new features are only available on the iPhone 15 Pro or newer.

Microsoft is in second place in the rankings, partly thanks to enthusiasm for its AI software which is already generating revenue. Rising profits also contributed to the company’s value. For the quarter ended March 31, 2024, Microsoft increased its net income by 20% compared to the same quarter last year.

Nvidia follows closely behind with the third-highest market cap, rising more than eight times higher compared to its value at the start of 2023. The company has recently announced higher profits, introduced a higher dividend, and reported that its next-generation GPU chip will start generating revenue later this year.

AI a Driver of the Biggest Tech Companies

It’s clear from the biggest tech companies that involvement in AI can contribute to investor confidence.

Among S&P 500 companies, AI has certainly become a focus topic. In fact, 199 companies cited the term “AI” during their first quarter earnings calls, the highest on record. The companies who mentioned AI the most were Meta (95 times), Nvidia (86 times), and Microsoft (74 times).

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