Guide

Opportunities in the smart city sector in Austria

According to its 2020-2024 Program for Government, Austria is aiming to be climate-neutral by 2040. However, this requires investments in several areas – offering Swiss companies attractive business opportunities.

Vienna

Smart cities represent a general statement of intent for urban development that is associated with a multitude of initiatives in the area of sustainability, the energy transition, town planning, and digitization. Hence, when it comes to market opportunities in connection with the realization of smart city concepts in Austria, very different subject areas and sectors are concerned, some of which overlap in terms of content, for instance: 

  • Sustainable real estate (e.g. BIM, demand response, anergy networks, greening) 
  • Mobility solutions (e.g. e-charging infrastructure, flow of traffic, parking) 
  • Energy provision on the basis of – preferably locally available – renewable energy sources 
  • Different digitization solutions that make sustainable trade and business in an urban setting simpler and/or more cost-effective 

In the following report, you can find out more about the different areas of a smart city and relevant market opportunities.

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