Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Anticipating the Global Advancement of Smart Cities
save 25 %
* Required Fields
Pay by invoice
Strategic Imperative: The smart city movement has been gaining momentum over the past decade, forging new partnerships between public and private sectors. To some extent, however, the smart city market has been restrained due to multiple factors, including:• The nascent nature of many smart city solutions and the need to verify ROI prior to wider uptake by budget-conscious cities• Cities delaying the development of cohesive smart city visions and strategies • Lack of multi-stakeholder buy-in to support smart city initiatives• A shortage of adequate and compelling funding models and resources• Siloed city agencies hindering the ability to coordinate initiativesDespite these initial roadblocks, the smart city movement is approaching a tipping point. Whereas the prior decade was characterized by numerous pilot projects and the dominance of a select group of innovator cities, the coming decade will see widespread uptake of smart city solutions, especially in midsize cities. The smart city market will top over $2.4 trillion in 2025, presenting significant opportunities for solution providers operating within the smart city space.For solution providers seeking greater precision in their smart city strategies, the critical question becomes how best to initially determine when a city is likely to become receptive to the smart city concept.Building off the premise that three precipitating factors will play a large role in determining the pace of smart city adoption, the smart city adoption timeline applies these factors to a data set for more than 150 cities. These determining factors include population strain, relative city wealth, and smart city readiness (in terms of infrastructure and technology). For instance, in terms of population strain, it is assumed that cities with very large existing populations and/or fast growth rates are more likely to experience population-related stressors sooner than other urban areas. Thus, they are more likely to invest in the smart city concept. In terms of relative wealth, it is assumed that cities with access to more financial resources—particularly a stronger tax and consumer base—will generally adopt smart city solutions more quickly than other cities in their respective countries. And, in terms of infrastructure and technology readiness, it is assumed that the state of a city’s transport, energy, water, and telecommunications infrastructure also plays a part in determining the timeframe of smart city solution adoption. Once examined according to these high-level factors, cities are then mapped onto an anticipated timeline for smart city adoption. While the timeline is global in scope, only cities from high-income countries are considered due to availability of data for a large sample of cities across all three factors. Regions covered include North America, Europe, Asia and Oceania, and Latin America.
Frost Radar™ for Economic Development: Europe, 2020
Gulf Cooperation Council (GCC) Region Mega Trends, Forecast to 2030
Strategic Outlook of the Indian Education Sector, 2019
Outlook of the Tourism Industry in India, 2019
An End User Perspective on Navigating Digital Transformation, Global, 2017
African Infrastructure Tracker – Ethiopia, Forecast to 2020
Future of ASEAN, Forecast to 2025
Mega Trends in LATAM, Forecast to 2025
Trump's Impact on Future Business in the United States
Analysis of Exoskeleton Technology Implementation in Future Factories
wearable technology market
food preservatives market
digital signage market
fuel cell market
electric vehicle market analysis
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.