Abstract:
Successful adoption of urban cellular vehicle-to-everything (C-V2X) services by consumers requires high-density network coverage and a diverse and vibrant community of service providers. This work analyses the economic and technological requirements for a successful smart city platform adoption for such services by modelling the interaction of different sides of the platform and related network effects by means of system dynamics. This work suggests that the adoption of such a platform is a long-term process. Its success depends on the ability of stakeholders (i.e., operators, service providers, the city, etc.) to collaborate in achieving data compatibility, allowing its sharing and efficient usage, which in turn increases the quality of the offered services and accelerates consumer adoption. In addition, this study suggests some pricing and investment strategies which may be helpful for a successful deployment of such a platform. Overall, a smart city platform for C-V2X services involves high uncertainty; however, it may potentially create new sources of large societal benefits.