©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.
IDC Press Release
70% of worldwide spending on smart city projects focused on energy, transportation and public safety
Framingham, MA – February 5, 2013 – Today, IDC Government Insights revealed its first annual “Worldwide Smart City 2013 Top 10 Predictions,” (Document # GI239209), highlighting market predictions for the year ahead. The Smart City movement is emerging and growing as a significant force of innovation and investment at all levels of government. To assist government organizations, IDC Government Insights’ global Smart City analyst team has identified the top 10 predictions for 2013 that will most heavily influence the direction and magnitude of technology investment, management, and evaluation.
The Top 10 Predictions are:
1. In 2013, 70% of Worldwide Spending on Smart City Projects Will Be Focused on Energy, Transportation, and Public Safety, and 90% of These Will Be at Least Partially Funded by National or International Government.
2. At Least 50% of Smart City Programs Will Be Initiated at the Line-of-Business or City-Function Level.