There are many challenges in the development of the smart city market

Recently, the topics of smart cities are getting hotter and hotter. The smart city projects, exhibitions, and related activities initiated by the local governments have once again become the focus of smart cities. According to incomplete statistics, there are currently about 1,000 smart city projects that have been started or under construction in the world. The construction of smart cities has become an important way for the transformation and development of the global cities. Especially in China, the construction of smart cities will bring new economic growth points. At the same time, the construction of smart cities in China is in the primary stage, and there are many challenges in the face of opportunities.

The so-called smart city is the effective integration of information technology and advanced city management service concepts. Through the digital network management of the city's geography, resources, environment, and economy, it provides more convenient, efficient and flexible public management for the city. Innovative service model.

From the perspective of industry, smart cities are not only the new benchmarks for the urbanization process in the future, but also can promote the rapid upgrading of the related industrial structure in cities. Smart cities are striding into people’s horizons and quickly become the goal of many urban development. According to incomplete statistics, at present, nearly 50 cities, districts, or parks have proposed specific smart city construction goals and action plans. The areas covered by it cover all aspects of urban life management.

Local investment in smart cities has gradually increased and will drive the rapid development of the city. Wang Zhihong, vice president of the Shanghai Research Institute of China Telecom, believes that in the next decade, smart city construction will usher in a leap-forward development, and its market is expected to exceed trillion yuan.

However, at present, the construction of smart cities in some cities in China is stuck in the stage of “thunder and rain, small rain” concept. Typical applications are scarce. Some cities regard smart city construction as a “raft”, and the actual construction connotation and general digital city basics. In the same way, the level and standards of smart cities have been reduced and they have become 'new bottled wine'.

Smart cities are the new stage for the development and continuous improvement of digital cities, and they are the new goals for the city’s informationization. Digital cities pay attention to the construction of information network hardware, while smart cities focus more on people's livelihood and services, and more emphasis on perception and physical connections. At the same time, the construction of a smart city cannot be “on paper”, and it is out of the conditions and foundations to determine the goals and tasks of a smart city that are difficult to achieve for the time being.

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