The smart city market in the United States saw a considerable leap from 2022 to 2023 with nearly five billion U.S. dollars added to the market revenue. The market is then expected to slow again and adjust to a more stable, if less dynamic, growth until 2029.
Smart city market revenue in the United States from 2018 to 2029
(in billion U.S. dollars)
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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Statista. (September 5, 2024). Smart city market revenue in the United States from 2018 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/forecasts/1490673/smart-city-revenue-in-the-us
Statista. "Smart city market revenue in the United States from 2018 to 2029 (in billion U.S. dollars)." Chart. September 5, 2024. Statista. Accessed October 06, 2024. https://www.statista.com/forecasts/1490673/smart-city-revenue-in-the-us
Statista. (2024). Smart city market revenue in the United States from 2018 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/forecasts/1490673/smart-city-revenue-in-the-us
Statista. "Smart City Market Revenue in The United States from 2018 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Sep 2024, https://www.statista.com/forecasts/1490673/smart-city-revenue-in-the-us
Statista, Smart city market revenue in the United States from 2018 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1490673/smart-city-revenue-in-the-us (last visited October 06, 2024)
Smart city market revenue in the United States from 2018 to 2029 (in billion U.S. dollars) [Graph], Statista, September 5, 2024. [Online]. Available: https://www.statista.com/forecasts/1490673/smart-city-revenue-in-the-us