Global Smart City Scorecard, 2020

January 2021 •
136 pages •
Report ID: 6024121 •
Format: PDF

Summary
Table of contents

This research service identifies smart cities that are built with definitive smart city goals and have a high level of maturity. The goal is to provide an analysis of the pursuits that cities are undertaking to ensure the sustainability, cohesiveness, and comprehensiveness of their smart city strategies.

City governments and policy stakeholders will benefit from this study’s holistic examination of the foundational areas for smart city development. Vendors and solution providers will benefit from understanding the range of initiatives cities are undertaking, as well as from gaining a well-rounded view of smart city facets in a post-COVID-19 scenario. The approach was initiated by scanning 50 global smart cities for 4 parameters: circulation of goods and people, quality of lived environment, expansion of a knowledge economy, and technology penetration levels. Of this, 30 cities were evaluated against Visionary Innovation’s Smart City Maturity Model, which includes indicators such as strong governance, long-term investment models, comprehensive data strategies, Internet of Things (IoT) and platform expansion, and sound business models. The study includes a deep-dive analysis of 15 cities that currently have robust smart city development programs, clear smart city strategies, and are approaching smart city maturity excellence. The main outcomes of this study include:
• Smart city scorecard analysis: Deep-dive analysis was conducted to demonstrate the top-15 cities with a clear smart city strategies and approaching smart city maturity excellence. The analysis is supported by the smart city scorecard radar that details a structured approach to smart city development based on key quantitative and qualitative indicators. The analysis identifies the top smart cities with highest average scores across all indicator categories. The analysis also classifies cities based on the maturity model across both quantitative and qualitative indicators.
• The COVID-19 situation has impacted several sectors globally. The analyst finds significant impact of the pandemic on smart cities as well. This study outlines the post-COVID-19 strategic impact on the smart cities and analyzes current strategies in place for building resilience to overcome future pandemics and natural disasters by infusing a high degree of responsiveness and agility into city services.
• This study covers a comprehensive and detailed analysis of the top 15 smart cities. It covers detailed assessment of the cities based on quantitative and qualitative indicators. It also includes key trends and innovations in progress within the smart city movement of each smart city.
• This research service also identifies the areas that are expected to have high growth opportunity in next few years. It covers the critical factors that are requisites for companies to grow in the smart city market.

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