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Link to original content: http://statista.com/forecasts/1490705/smart-city-revenue-europe
Smart city revenue Europe 2024 | Statista

Revenue of smart city market in Europe from 2018 to 2029

Published by
Bergur Thormundsson,
Sep 10, 2024

The European smart city market stood at over 12 billion Euros in 2023 and is expected to grow on average around ten percent year-on-year until the end of the decade.

Smart city market revenue in Europe from 2018 to 2029 (in billion Euros)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

Smart Cities term refers to usage of Internet of Things (IoT) technologies in order to improve the quality of life for its citizens, enhance sustainability, and optimize urban services. In a smart city, various devices and sensors are installed throughout the urban landscape to create the intelligent transportation systems, smart grids and public safety systems.

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Statistics on " Smart cities "

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Overview

7

Segment: United States

6

Segment: Europe

6

Segment: Asia

4

Special focus: Clean energy demand

3

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