While the smart city market revenue in the United States grew considerably between 2019 and 2023 it is expected that the market will then slow and grow at a more stable and sustainable rate from 2024 onwards.
Growth of the smart city market revenue in the United States from 2019 to 2029
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). Growth of the smart city market revenue in the United States from 2019 to 2029 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/forecasts/1490678/market-growth-of-smart-cities-us
Statista. "Growth of the smart city market revenue in the United States from 2019 to 2029 ." Chart. September 5, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/forecasts/1490678/market-growth-of-smart-cities-us
Statista. (2024). Growth of the smart city market revenue in the United States from 2019 to 2029 . Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/forecasts/1490678/market-growth-of-smart-cities-us
Statista. "Growth of The Smart City Market Revenue in The United States from 2019 to 2029 ." Statista, Statista Inc., 5 Sep 2024, https://www.statista.com/forecasts/1490678/market-growth-of-smart-cities-us
Statista, Growth of the smart city market revenue in the United States from 2019 to 2029 Statista, https://www.statista.com/forecasts/1490678/market-growth-of-smart-cities-us (last visited December 21, 2024)
Growth of the smart city market revenue in the United States from 2019 to 2029 [Graph], Statista, September 5, 2024. [Online]. Available: https://www.statista.com/forecasts/1490678/market-growth-of-smart-cities-us