- Relevant countries: Vietnam, Saudi Arabia, Indonesia, Thailand, Türkiye
- Field: Construction Plant
- Publishing organization : Ministry of Land, Infrastructure, and Transport KOTRA
summary
At the annual Smart City Expo World Congress, which provides a glimpse into the present and future of smart infrastructure, “In 40 years, humanity will build the most new cities in history, and by 2050, 70% of the world’s population will live in cities. I will live.” The future of mankind is inevitably the city, and the smartization of cities has become a prerequisite for ensuring future cities focused on people and the environment.
The 'Korean version of Smart City' is a policy to strengthen the competitiveness of cities through urban infrastructure built by converging and combining smart innovation technologies. Large-scale investments are being made to improve the quality of life of citizens, enhance the sustainability of cities, and foster new industries, and 'smart innovation in cities' has emerged as a competitive edge for the future.
In line with these changes, KOTRA helps support overseas expansion of various domestic smart city-related companies. We have published 「Smart City Overseas Expansion Report」, which includes smart city trends and entry strategies for each country analyzed by the cooperation center of
Artificial intelligence, big data and the Internet of Things, key technologies in the era of the Fourth Industrial Revolution, are creating a space where humans and technology interact in new, more connected and intelligent ways. Cities are no exception. Smart cities that incorporate information and communication technology (ICT) into cities solve various urban problems by integrating data and digital technologies, improve the quality of life, and create new growth engines.
Korea has a world-class high-speed information infrastructure and is recognized for its core technology capabilities, confirming the possibility of K-Smart City entering the new global market.
The smart city, which was only dreamed of in the imagination, is now approaching reality, and is already making the ideal a reality not only in Korea but also around the world through key technologies for conversion to smart cities.
In order for 'Korean Smart City's overseas expansion' to succeed, it is necessary to establish an entry strategy that meets the global market trend and a strategy for differentiation and competitive advantage unique to K-Smart City. Through this report, Korean companies can grasp at a glance the world’s smart city leading countries and companies’ government policies and cases of smart city technology innovation, as well as smart city future trends and overseas expansion strategies, and help K-Smart City go global. Hope this helps in any way.