The global smart city market is moving into a period of maturity, with a growing number of comprehensive smart city strategies and commercial projects. Cities are continuing to achieve higher levels of integration among technology-driven city services and solutions. The past year has seen significant growth in smart city solutions that integrate data and insights across multiple operations and service sectors.
Internet of Things (IoT) deployments are ramping up. Connected street lights are creating new urban network platforms; smart meters are widely deployed as part of the broader transformation of urban energy systems; transport systems are being transformed through digitization, electrification, and automation; and city-wide networks are being deployed to enable urban innovation on a massive scale. Smart city development has become a truly global market, with significant activity in all regions and most countries. New projects show continued investment in open data platforms, EV charging, smart grid technologies, networked LED street lights, advanced traffic management, energy efficient buildings, water management, and government service applications for smart cities.
This Navigant Research report provides an assessment of the state of smart city development around the globe. The report covers five key industry sectors: smart energy, smart water, smart transportation, smart buildings, and smart government. The Tracker also has a multi-sector category to capture the evolution of the market toward project deployments that cut across multiple industries. Deployments are segmented by project type, including policy initiatives, pilots and demonstrations, commercial deployments, sustainability programs, and city developments. The 433 projects included in this Tracker are segmented by region, project type, and industry sector.