|Smart Cities Funding Models|
|Bridging the Funding Gap of the Next Trillion-dollar Market|
Smart Cities are cities built on ‘Smart’ and ‘Intelligent’ solutions and technology which will lead to the adoption of at least 5 of the 8 following smart parameters: smart energy, smart building, smart mobility, smart healthcare, smart infrastructure, smart technology, smart governance and smart education, and smart citizen. The Smart Cities market is set to grow from just over $900 billion in 2016 to $1.57 trillion in 2020. Public and private stakeholders are preparing for the Smart Cities disruption with key strategies to build and transform cities into seamless ecosystems. Cities are always looking toward increasing capacity and efficiency of functioning in order to attract economic growth and activity. In order to build highly functional and intelligent cities, public authorities will need to integrate smart technology into existing infrastructure while building new infrastructure from ground up.
Click image to view it in full size