Global Smart Cities Market Set for Explosive Growth, Surpassing USD 9 Trillion by 2032
The global smart cities market is experiencing unprecedented growth, with a projected increase from USD 1,208.9 billion in 2023 to USD 9,137.4 billion by 2032, reflecting a CAGR of 25.2% during the forecast period (2024-2032). The rise in smart city initiatives worldwide, coupled with advancements in Internet of Things (IoT) and Artificial Intelligence (AI), is significantly contributing to this expansion.
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Smart Cities Market Size New Research Analysis and Forecast 2032

Request Free Sample : The global smart cities market size was valued at USD 1,513.5 billion in 2024, Asia-Pacific is the most significant shareholder.