The projected global revenue for major players/incumbents for smart city technologies, products, and services is forecast to reach about 90 billion U.S. dollars in 2021. This means about 50 billion more than the expected revenue generated by startups.
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 major players/incumbents and startups in the global smart city market from 2020 to 2025
(in billion U.S. dollars)
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Statista. (April 30, 2021). Projected revenue generated by major players/incumbents and startups in the global smart city market from 2020 to 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1231474/worldwide-smart-city-market-revenue-by-company-type/
Statista. "Projected revenue generated by major players/incumbents and startups in the global smart city market from 2020 to 2025 (in billion U.S. dollars)." Chart. April 30, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1231474/worldwide-smart-city-market-revenue-by-company-type/
Statista. (2021). Projected revenue generated by major players/incumbents and startups in the global smart city market from 2020 to 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1231474/worldwide-smart-city-market-revenue-by-company-type/
Statista. "Projected Revenue Generated by Major Players/Incumbents and Startups 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/1231474/worldwide-smart-city-market-revenue-by-company-type/
Statista, Projected revenue generated by major players/incumbents and startups in the global smart city market from 2020 to 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1231474/worldwide-smart-city-market-revenue-by-company-type/ (last visited December 22, 2024)
Projected revenue generated by major players/incumbents and startups 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/1231474/worldwide-smart-city-market-revenue-by-company-type/
