The global smart city sector is valued at over $600 billion in 2017

NEW YORK, Oct. 17, 2017 /PRNewswire/ -- While a holistic approach towards the development of smart cities is still often missing; in 2017 there are some good examples both nationally and internationally of councils that are moving in the right direction. A number of cities around the world are now implementing Smart City initiatives. North America and Europe are the leading regions with numerous cities deploying various innovations. We are migrating from Smart Cities being a concept for the future and now seeing cities make tangible plans and infrastructure decisions to support such a transformation.

This also means we can begin to see more clearly the obstacles and challenges involved. The most difficult issue to resolve in building smart cities is the funding. And this i not unique, all sectors and industries that are facing transformation are dealing with the same problem. The transformation process will not be possible unless investments are made in the ICT platform. This unique report explores the issues, challenges and developments for smart cities as well as providing insightful information and statistics on this emerging trend.

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