The global smart cities market was valued at approximately USD 748.7 billion in 2023 and is expected to expand at a robust compound annual growth rate (CAGR) of 25.8% from 2023 to 2030. Several factors are driving this growth, including rapid urbanization, the need for efficient management of resources, heightened public safety concerns, and the demand for energy-efficient environments....

Smart Cities Industry Overview The global smart cities market was valued at USD 748.7 billion in 2023 and is projected to grow at a robust compound annual growth rate (CAGR) of 25.8% from 2023 to 2030. This substantial growth is being driven by factors such as increasing urbanization, the pressing need for efficient resource management, heightened public safety concerns, and growing demand for...