This document discusses the opportunity for smart cities and forecasts the total addressable market for smart city technologies in Europe and worldwide. It estimates the market will be $495 billion in Europe and $1.5 trillion worldwide by 2020. The document then lists several top smart city focus areas and provides examples of smart city projects and labs in London and Stockholm using Intel technology. It emphasizes starting with smart buildings, integrating IoT and communications using network functions virtualization, and validating business models quickly through lean startup methods. The final pages discuss opportunities to scale Intel's IoT capabilities through global user groups and close partnerships with companies in Istanbul and elsewhere.