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Link to original content: http://www.statista.com/forecasts/1490694/market-growth-of-smart-cities-worldwide
Market growth of smart cities globally 2024 | Statista

Smart city market growth worldwide from 2019 to 2029

Published by
Bergur Thormundsson,
Sep 10, 2024

The global revenue of smart cities grew by an astonishing 22 percent in 2023, a staggering market growth by any metric. This is expected to slow down to a more sustainable ten percent through the rest of the decade. 

Growth of the smart city market revenue globally from 2019 to 2029

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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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Other statistics that may interest you Smart cities

Overview

7

Segment: United States

6

Segment: Europe

6

Segment: Asia

4

Special focus: Clean energy demand

3

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Topics

Smart CitySmart cities in Latin AmericaSmart homeDigital healthE-government
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