While smart city news occupies an increasing amount of media bandwidth, a new survey reveals that millennials would rather live in a connected youthful city.
According to the Urban Millennial Survey most millennials interviewed said they want to live in a youthful city that is connected like a smart city, but is also dynamic, open, curious, inventive and playful.
YouthfulCities, an organization which helps cities understand and engage the Millennial Generation surveyed 15,000 people aged 15-34 years old in 34 cities about the infrastructure needs of their cities and the benefits and challenges of city life from their perspective.
Millennials are a powerful economic and social force so it is no surprise that city leaders around the world are clamouring over each other to crack the code of understanding them, said YouthfulCities co-founder Sonja Miokovic.
Robert Bond an IP technology specialist with London-based law firm Charles Russell Speechlys believes that city leaders should be clamoring to understand all of their citizens, not just millennials.
According to a recently published report by Grand View Research, the smart cities development market will hit $1.4 trillion in 2020, nearly triple the global market size of that market today.