According to Frost & Sullivan, the global Smart Cities market is projected to reach US$1.56 trillion by 2020. With rapid urbanization and ageing populations, cities are facing increasing strain on infrastructure, transportation, energy and healthcare resources. To address these urban challenges, governments are embracing the concept of the smart city and looking to apply new technologies to improve sustainability, liveability and quality of life for citizens. We take a look at some of the leading smart cities from around the world and their initiatives:
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