Revenue increase in Smart city markets was at barely eight percent in 2020 and was followed by an explosive growth of nearly 35 percent in 2021, in all likelyhood a direct result of the incredible emphasize on digital innovation and technologies following the outbreak of COVID-19. This remarkable growht has subsided since then, dropping to 20 percent in 2023. This is still significant growth for any market, though it is forecasted to drop to ten percent by 2028.
Projected revenue changes by companies in the global smart city from 2020 to 2028*
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 15, 2023). Projected revenue changes by companies in the global smart city from 2020 to 2028* [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1380759/worldwide-smart-city-market-revenue-change/
Statista. "Projected revenue changes by companies in the global smart city from 2020 to 2028*." Chart. April 15, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1380759/worldwide-smart-city-market-revenue-change/
Statista. (2023). Projected revenue changes by companies in the global smart city from 2020 to 2028*. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1380759/worldwide-smart-city-market-revenue-change/
Statista. "Projected Revenue Changes by Companies in The Global Smart City from 2020 to 2028*." Statista, Statista Inc., 15 Apr 2023, https://www.statista.com/statistics/1380759/worldwide-smart-city-market-revenue-change/
Statista, Projected revenue changes by companies in the global smart city from 2020 to 2028* Statista, https://www.statista.com/statistics/1380759/worldwide-smart-city-market-revenue-change/ (last visited December 22, 2024)
Projected revenue changes by companies in the global smart city from 2020 to 2028* [Graph], Statista, April 15, 2023. [Online]. Available: https://www.statista.com/statistics/1380759/worldwide-smart-city-market-revenue-change/
