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SMART CITIES MARKET ANALYSIS

Smart Cities Market, By Component, By Application, By Geography (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa)

Smart Cities MarketSize and Trends

Global Smart Cities Market size was valued at US$ 559.01 Billion in 2022, exhibiting a compound annual growth rate (CAGR) of 15.4% from 2023 to 2030.

The smart city market is witnessing significant growth and innovation due to increasing global urbanization and the integration of advanced technologies.

As government and private sector actors invest heavily in smart infrastructure, the smart city market is poised for continued expansion that will drive sustainable development and create a more connected and intelligent urban landscape.

Global Smart Cities Market is estimated to be valued at US$ 559.01 Billion in 2022, and expected to reach US$ 1736. 65 Billion By 2030, exhibiting a CAGR of 15.4% between 2023 and 2030.

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