Internet of Things (IoT)-enabled smart mobility systems are increasingly proposed as a foundation for efficient, sustainable, and data-driven urban transportation. Yet, existing literature is largely fragmented and descriptive, with limited methodological transparency and cross-layer evaluation. This chapter presents a structured analytical framework for evaluating smart mobility systems built on IoT architectures. Rather than a narrative survey, the chapter adopts a reproducible review methodology with explicit selection criteria and comparison dimensions. A five-layer analytical taxonomy covering sensing, connectivity, compute, intelligence, and governance is introduced and used consistently to classify technologies, architectures, and deployments. Core enabling technologies are examined using role, assumption, trade-off, and limitation analysis, supported by cross-technology evaluation matrices. Representative city and platform implementations are assessed using a standardized layer-mapped case template and comparative scoring rubric to enable cross-case evaluation. Sustainability, socio-economic, governance, and trust impacts are analyzed using mechanism-based and indicator-driven reasoning, with a clear distinction between modeled, pilot, and operational evidence. The chapter concludes with a prioritized challenge-to-research mapping and bounded future directions, providing reusable evaluation artifacts and a decision-oriented framework for researchers, practitioners, and policymakers.