Evaluation of Economic Benefits of Smart City Initiatives

Cities around the world are investing heavily in design and implementation of Smart City Initiatives. A lot public money goes into smart city approach. Not only on side, but also for companies, business models this context interesting. Global high-tech companies such as IBM, Cisco, SAP Research Mitsubishi Electric work large projects Asia Arabia. In Germany, there telecommunications mobile close to city, energy suppliers or local IT with important knowledge locality trying enter field. The global Corona Pandemic 2020 is accelerating path too. Various efforts have been made assess results these initiatives. This study offers an analysis economic benefits main drivers evaluation criteria will be examined identify examine their potential contribution development city. article deals An attempt develop describe most categories from literature analysis.