Bergur Thormundsson
Research expert covering technology in the Nordics, AI and smart cities
Get in touch with us nowSmart city revenue worldwide 2020-2025, by region
The projected revenue for smart city technologies, products, and services generated by companies located in Asia is forecast to reach 42.96 billion U.S. dollars in 2021. Asia is forecast to show the highest growth over the next years with smart city revenues set to almost triple from 2020 to 2025.
The revenue shonw in the statistic includes all revenue that companies generate by offering technologies and products that use information and data technologies to create more value within the public city environment. This includes companies that provide the necessary infrastructure (e.g. cloud computing and connectivity technologies) for cities to be able to use these technologies. Smart home products are not included.
The revenue shonw in the statistic includes all revenue that companies generate by offering technologies and products that use information and data technologies to create more value within the public city environment. This includes companies that provide the necessary infrastructure (e.g. cloud computing and connectivity technologies) for cities to be able to use these technologies. Smart home products are not included.
