Page 5 - April 2018 Disruption Report Flip Book
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SMART CITIES JAANPURAILRY20210818
SMART CITIES
Smart Cities: A $1.5 trillion market opportunity
After scanning numerous Smart City projects and initiatives, the consulting firm Frost & Sullivan identified the following eight key concepts that define a Smart City.
DEFINITION OF A SMART CITY
“In 2025, it is expected we will have around 26 global Smart Cities which will feature five of the eight [criteria], wrote Frost & Sullivan‘s Sarwant Singh. “Around 50 percent of these will be located in North America and Europe.
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