This TechRepublic CBS Interactive white paper provides a leader’s guide to understanding and transforming cities into smart cities. With $135 billion in technologies projected to be spent on cities by 2021, smart cities will evolve from discrete flagship projects to sizable market opportunities which will improve the quality of life for citizens and visitors. Examples of smart cities are provided. Links to additional resources including on planning, lessons learned and spending projections are provided. This paper is relevant for technology, urban planning, and government business leaders.

Key words: market sizing, Internet of Things (IoT), smart cities, research & development