Abstract
The development and implementation of smart cities can be a complex and
challenging task as it becomes difficult to implement the notional concepts of smart
cities that do not directly cater to the on-site problems. This study aims to identify and
classify the various obstacles occurring in the development, planning & budget
discussion of smart cities. It will deliberate wide purview of problems including
standard difficulties like budget development that includes both capital upfront cost or
Capex and operational cost or Opex, geographical & climatic challenges endemic to the
city of development, employment & administration challenges like government
permits, vendor availabilities, and technology troubles from IoT perspective. This study
aims to categorize various issues into major five gradations namely: technical purview,
location endemic purview, administration or employment troubles, pecuniary or
financial issues and miscellaneous issues. Moreover, this study also provides a heads-up and detailed recommended steps to avoid the identified problems but presents
specific case studies to show the significance and application of recommended
solutions in multiple smart cities around the globe.