Global smart city revenue by segment 2025

Smart infrastructure is the largest segment of the global smart city market, with revenues worldwide forecast to reach more than 70 billion U.S. dollars in 2021. This constitutes a market share of almost 55 percent for smart infrastructure within the global smart city market. Over the next few years all other segments are forecast to show stronger growth and the share of the smart infrastructure segment is projected to fall to around 43 percent.

Projected revenue of the smart city market worldwide from 2020 to 2025, by segment (in billion U.S. dollars)

Characteristic	Smart infrastructure	Smart building	Smart utilities	Mobility	Public safety and security	Environmental solutions	Smart government	Smart lighting	Smart healthcare
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Release date

April 2021

More information

Region

Worldwide

Survey time period

2021

Supplementary notes

*Forecast

Smart Infrastructure: Cloud computing, 5G, sensoring, telecommunication. This includes especially bigger players that might also provide services in different areas but have their main focus on the infrastructure technology.
Smart Building: Construction technologies, green buildings.
Smart Utilities: Waste management, water transportation.
Mobility: Public transportation, parking, ridesharing (for public transport, ridehailing companies like Uber or Lyft are not included), carsharing.
Public safety and security: City surveillance, cyber security, sustainability, CleanTech.
Environmental solutions: Solar technologies, energy management.
Smart government: GovTech, community solutions, law enforcement.
Smart lighting:Lighting.
Smart healthcare:Hospital services, therapeutics, diagnostics, medical devices.