The projected global revenue from smart city technologies, products, and services generated by startups is forecast to reach 39 billion U.S. dollars in 2021. By 2025, this revenue is forecast to grow to more than 100 billion U.S. dollars.
This revenue 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.
Projected revenue generated by startup companies in the global smart city market from 2020 to 2025
(in billion U.S. dollars)
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Revenue in billion U.S. dollars
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Statista. (April 30, 2021). Projected revenue generated by startup companies in the global smart city market from 2020 to 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 16, 2024, from https://www.statista.com/statistics/1231469/worldwide-smart-city-market-revenue-startups/
Statista. "Projected revenue generated by startup companies in the global smart city market from 2020 to 2025 (in billion U.S. dollars)." Chart. April 30, 2021. Statista. Accessed September 16, 2024. https://www.statista.com/statistics/1231469/worldwide-smart-city-market-revenue-startups/
Statista. (2021). Projected revenue generated by startup companies in the global smart city market from 2020 to 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 16, 2024. https://www.statista.com/statistics/1231469/worldwide-smart-city-market-revenue-startups/
Statista. "Projected Revenue Generated by Startup Companies in The Global Smart City Market from 2020 to 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Apr 2021, https://www.statista.com/statistics/1231469/worldwide-smart-city-market-revenue-startups/
Statista, Projected revenue generated by startup companies in the global smart city market from 2020 to 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1231469/worldwide-smart-city-market-revenue-startups/ (last visited September 16, 2024)
Projected revenue generated by startup companies in the global smart city market from 2020 to 2025 (in billion U.S. dollars) [Graph], Statista, April 30, 2021. [Online]. Available: https://www.statista.com/statistics/1231469/worldwide-smart-city-market-revenue-startups/
