The Smart City Market

Leonidas G. Anthopoulos ()
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Leonidas G. Anthopoulos: University of Thessaly, Department of Business Administration

Chapter Chapter 4 in Understanding Smart Cities, 2026, pp 237-262 from Springer

Abstract: Abstract This chapter examines the smart city value. It investigates the size of the corresponding market in monetary and structural terms, and it explores the types of value that smart city generates, together with their sources. Moreover, it lists the types of businesses that work in this interdisciplinary domain, ranging from the ICT to the energy and the construction sectors, and examines the alternative business models that are being followed. Finally, it views how the smart city becomes a product or a platform for value creation, and it correlates with the city branding concept. After reading this chapter, you will be able to answer the following questions: Where does the source of smart city value lay? Which components synthesize the smart city market? What types of smart city business models exist? What is the optimal smart city business model? What does city branding mean in practice? Is Smart City a market trick?

Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:paitcp:978-3-032-12853-9_4

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DOI: 10.1007/978-3-032-12853-9_4

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