The urban landscape as we know it is shifting. Massive inflows of people into increasingly populated metro areas are affecting housing prices, traffic congestion, air pollution, energy usage, mobility, the quantity of resources and a lot more. As the global population grows and urbanization intensifies, cities are having to find solutions that lead to increased efficiency, accessibility and sustainability. On the other hand, new innovations, as well as investment in real estate and infrastructure, are helping alleviate these issues and fueling an evolution in how cities operate and how their residents live, work, play and get around.
To illustrate where and how private market players are impacting this transformation of cities, we've categorized the urban technology ecosystem into six primary verticals: