How big is the Smart Cities Market?

The Smart Cities Market size is expected to reach USD 1.36 trillion in 2024 and grow at a CAGR of 23.21% to reach USD 3.84 trillion by 2029. Read More

What is the current Smart Cities Market size?

In 2024, the Smart Cities Market size is expected to reach USD 1.36 trillion. Read More

Who are the key players in Smart Cities Market?

ABB Ltd, Cisco Systems Inc., Emerson Electric Co., IBM Corporation and Ericsson Inc. are the major companies operating in the Smart Cities Market. Read More

Which is the fastest growing region in Smart Cities Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Smart Cities Market?

In 2024, the Europe accounts for the largest market share in Smart Cities Market. Read More

What years does this Smart Cities Market cover, and what was the market size in 2023?

In 2023, the Smart Cities Market size was estimated at USD 1.04 trillion. The report covers the Smart Cities Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Smart Cities Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What factors are driving the growth of the Smart Cities Market?

The growth of the Smart Cities Market is driven by: a) Increasing urbanization b) Need for resource management c) Advancement in innovative technologies like Internet of Things, Artificial Intelligence, and big data analytics d) Rising awareness of the benefits of smart cities Read More

What role does IoT play in Smart Cities Market?

The Internet of Things (IoT) is crucial for data collection and analysis, enabling real-time responses in urban management, from traffic control to environmental monitoring and public safety. Read More

Smart Cities Companies

This report lists the top Smart Cities companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Smart Cities industry.