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This article presents main trend of modern urbanization associated with smart cities development on the basis of 4th industrial revolution. The article presents retrospective analysis of smart city concept, identifies key features of smart city like smart economy (smart or 4.0 industry), smart population, smart government, smart mobility, smart environment, smart living, intelligent infrastructure. "Smart city" term is defined as a concept and model of new urbanization based on 4th industrial revolution and application of new generation technologies of Industry 4.0 (Internet of things, cloud computing, cyber-physical systems, big data and other technologies) for planning, construction, management, integrated industrialization, informatization, modernization and sustainable development of the cities. The article analyzes integration and interaction between new urbanization and development of new technologies of Industry 4.0. On the one hand, technologies of the Industry 4.0 create fundamentally new infrastructure of the "smart city". These new technologies allow to solve problems of resources utilization and energy efficiency improvement, organize urban production and demographic changes in megacities. On the other hand, development of 'smart city" promotes new industrialization, creates new conditions for living, work, education, accumulates social and human capital, and attracts financial resources for business development.
Сафиуллин et al. (Tue,) studied this question.