While $8.1 billion was spent on smart city technologies in 2010, by 2016 that number is projected to reach $39.5 billion. A smart city is determined by six dimensions: smart economy, environment, governance, lifestyle, transportation, and community. There are currently 102 smart city projects worldwide, with Europe leading the way at 38, North America at 35, Asia Pacific at 21, the Middle East and Africa at six, and Latin America with two. read more
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