The smart cities utilize communication and information technologies to provide better future and to improve the lifestyle of its citizens. The major sectors which directly compliment smart cities include transportation, energy, healthcare, education and governance, environment, buildings and infrastructure and IT and communications. The increasing demand for sustainable infrastructure and ecological balance, this market is set to witness huge surge in coming years. Moreover, the rising demand for smart cities is due to increasing migration from the rural areas into new urban areas all around the world.