The global smart city market is expected to reach just over 67 billion U.S. dollars in 2024, a significant leap from the 55 billion dollar size in 2023.
Smart city market revenue worldwide 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 worldwide from 2018 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/forecasts/1490690/smart-city-revenue-worldwide
Statista. "Smart city market revenue worldwide from 2018 to 2029 (in billion U.S. dollars)." Chart. September 5, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/forecasts/1490690/smart-city-revenue-worldwide
Statista. (2024). Smart city market revenue worldwide from 2018 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/forecasts/1490690/smart-city-revenue-worldwide
Statista. "Smart City Market Revenue Worldwide from 2018 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Sep 2024, https://www.statista.com/forecasts/1490690/smart-city-revenue-worldwide
Statista, Smart city market revenue worldwide from 2018 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1490690/smart-city-revenue-worldwide (last visited December 03, 2024)
Smart city market revenue worldwide from 2018 to 2029 (in billion U.S. dollars) [Graph], Statista, September 5, 2024. [Online]. Available: https://www.statista.com/forecasts/1490690/smart-city-revenue-worldwide