The projected revenue from smart city technologies, products, and service generated by major companies located in Europe is forecast to reach 27.8 billion U.S. dollars in 2021. Companies from North America are expected to reach revenues from smart city of about 34 billions U.S. dollars in the same year.
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. All companies considered here were headquartered in Europe, Asia, or North America. Therefore no revenue is shown for South America, Australia, and Africa.
Smart city revenue of established major companies from 2020 to 2025, by region
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (April 30, 2021). Smart city revenue of established major companies from 2020 to 2025, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1231477/smart-city-revenue-of-major-players-by-region/
Statista. "Smart city revenue of established major companies from 2020 to 2025, by region (in billion U.S. dollars)." Chart. April 30, 2021. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1231477/smart-city-revenue-of-major-players-by-region/
Statista. (2021). Smart city revenue of established major companies from 2020 to 2025, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1231477/smart-city-revenue-of-major-players-by-region/
Statista. "Smart City Revenue of Established Major Companies from 2020 to 2025, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Apr 2021, https://www.statista.com/statistics/1231477/smart-city-revenue-of-major-players-by-region/
Statista, Smart city revenue of established major companies from 2020 to 2025, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1231477/smart-city-revenue-of-major-players-by-region/ (last visited November 23, 2024)
Smart city revenue of established major companies from 2020 to 2025, by region (in billion U.S. dollars) [Graph], Statista, April 30, 2021. [Online]. Available: https://www.statista.com/statistics/1231477/smart-city-revenue-of-major-players-by-region/