Reports & Research

Frost & Sullivan: $3.3 Trillion Market Potential for Smart Cities by 2025

Here’s a fresh reminder that smart cities are big business. According to new analysis released today, Frost & Sullivan forecasts that the market potential for smart cities (i.e., “infrastructure development, technology integration, and e-government, energy and security services”) could reach $3.3 trillion — that’s TRILLION with a “T” — by 2025. The research firm will hold a web conference…

WHO: 70% of Humanity to Live in Cities by 2050

Shenzen

With the majority of the world’s humanity now living in cities, the urban population is set to rise sharply in coming decades, estimates the World Health Organization. The WHO predicts that 60 percent of humanity will live in cities by 2030, with the figure increasing to 70 percent by 2050. One hundred years ago, the WHO says,…

New Book To Explore Implications When Computers Take Over Cities

Coming this October — a critical, “unflinching” look at smart cities from Anthony Townsend, a leading urban planning expert and futurist. From the publisher (W.W. Norton & Co.): “Today, more people live in cities than in the countryside; mobile broadband connections outnumber fixed ones; and machines outnumber people on a new Internet of Things. In this era of…

Report: The Financial Benefits to Smart Growth

In a new report, Smart Growth America concludes that smart growth development — often perceived as too costly to implement — can actually save municipalities money. The cost savings result from reduced infrastructure and maintenance, more efficient deployment of public services (such as police, fire and rescue) and up to 10 times higher tax revenue per acre compared…

Update: Smart City Spending to Total $117 Bil., 2012 to 2020

According to Navigant Research, the marketplace for smart city technology will more than triple from $6.1 billion in 2012 to $20.2 billion in 2020. The accelerated growth will come in response to the rapid rise in megacities and urban populations. UPDATED: The increase will result in spending of more than $117 billion on smart cities infrastructure and…