Top Global Smart Cities: 2023

By Aarti Dhapte , 06 April, 2023

Smart cities increase operational efficiency, improve the quality of government services, and manage data assets, services, and resources efficiently by taking insights from ICT (Information and Communication Technologies). Thus, the data collected is sued generally in transportation, waste management, utilities, crime detection, and power plants. The technology of smart cities allows for reduction of both costs and resource consumption.

As per the reports, the technology used by smart cities will become increasingly important, and cities are expected to become a $400 billion industry in 2020. Approximately 55 percent of the world's people S,ive in urban areas, which is supposed to reach 68 percent by 2050.

Barcelona and Amsterdam are the early adopters of smart cities that started in Europe—followed by Copenhagen, Hamburg, Dubai, Nice, and Singapore. In the United States, San Francisco, Miami, New York City, Atlanta, Denver, Columbus, Boston, Chicago, and Kansas were among the first ones in the state.

A survey was conducted by IESE Business School's Center for Globalization and Strategy to look at 174 cities around the world. It analyzed them based on nine metrics- social cohesion, human capital, environment, economy, governance, outreach technology, international, urban planning, and mobility. Thus, according to this report, the ten smartest cities in the world are- New York City, London, Paris, Tokyo, Reykjavik, Singapore, Seoul, Toronto, Hong Kong, and Amsterdam.

Smart Economy in Smart Cities