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Smart Cities- Europe

Rapid urbanization of cities is posing infrastructural challenges to governments globally. As more and more people transcends into urban settings, we would require more cities to live in.

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Market Overview

  • The smart city concept goes beyond the use of ICT for better resource use and less emissions. It means smarter urban transport networks, upgraded water supply and waste disposal facilities, and more efficient ways to light and heat buildings.
  • By 2020, European Union has launched an initiative to reduce carbon emission by 20% and increase energy efficiency by 20%.
  • The EU has invested €10.8 billion ICT research budget in 2013 for deployment of advanced technologies.
  • The smart cities would be deployed with the advanced technologies such as NFC, sensors, smart grid, communication networks and many more.
  • This technologies would provide real time analysis of the segments such as transportation, security, water management, energy management, manufacturing and many more.
  • Germany is playing an active part in shaping the cities of the future.
    • In Hamburg, German sustainable city activities all have one thing in common: the intelligent deployment of information and communication technologies (ICT) in all aspects of urban life as the starting point for smart, sustainable cities.
    • The German Government, focuses on evolving a simple city into a smarter and better city for its citizens to live in by reducing high energy cost and thereby providing seamless mobility and sustainable environment.
  • The smart cities is segmented into smart transportation, smart energy and water management, smart healthcare, smart security, smart manufacturing, smart education, smart governance and many more.

Key Metrics

Metrics Value Explanation
Base Year 2018 Researched through internet

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