Smart Cities Market Size, Share, Opportunities, And Trends By Type (Transportation and Traffic management, Waste management, Water management, Energy management, Healthcare facilities), By End Users (Hotels and Resorts, Residential, Industries, Others), By Application (Lighting, Consumer Electronics, Safety, Security, Environmental Controls, Others), And By Geography - Forecasts from 2025 to 2030
- Published : May 2025
- Report Code : KSI061610022
- Pages : 150
Smart Cities Market Size:
The smart cities market is expected to grow from USD 850.565 billion in 2025 to USD 1,917.199 billion in 2030, at a CAGR of 17.65%.
Smart Cities Market Trends:
Smart Cities are cities that utilize The Internet and Digital technology to enhance the quality of life for the people residing within them. The impetus for the growth of the Smart Cities Market is provided by the developing countries where the concept is widely accepted and implemented. An increase in urbanization has led to a severe need for Smart Cities to provide a framework for connectivity and access to real-time information to set up a management system that establishes a relationship between the citizen, service providers, and administrators. Even though Smart Cities are the best possible concept for implementing Green Technology and efficient production and distribution of electricity, there are numerous limitations to this concept which include the high cost of investment, cyber security and data security, and socio-political obstacles.
This research study examines the smart cities market based on various segments: Type, End-Users, Application, and Geography. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model analyzes the smart cities industry comprehensively. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.
The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the smart cities market. Moreover, the research study analyzes the overall regulatory framework of the smart cities sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.
Smart Cities Market – Forecasts from 2025 to 2030 is a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.
The scope and coverage of the smart cities market report are as below:
- Smart cities market data tables and charts
- Market outlook with sections on drivers, restraints, Porter’s, and industry value chain analysis
- Market assessment by type into transportation and traffic management, waste management, water management, energy management, and healthcare facilities.
- Detailed market trends, analysis, and graphical representation by end users into hotels and resorts, residential, industries, and others.
- In-depth analysis of the smart cities market by application into lighting, consumer electronics, safety, security, environmental controls, and others.
- A 360o view of the demand for Smart Cities solutions/services across different geographies (North America, South America, Europe, Middle East and Africa, and Asia Pacific) with further breakdown for key countries within those regions.
The smart cities market is analyzed into the following segments:
- By Offerings
- Hardware
- Software
- Services
- By Type
- Transportation and Traffic Management
- Waste Management
- Energy Management
- Smart Healthcare
- Others
- By Technology
- Artificial Intelligence (AI)
- Machine Learning
- Internet of Things (IoT)
- Others
- By End Users
- Residential
- Commercial
- Industrial
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Others
- North America
Frequently Asked Questions (FAQs)
The smart cities market is expected to reach a total market size of US$1,917.199 billion by 2030.
Smart Cities Market is valued at US$850.565 billion in 2025.
The smart cities market is expected to grow at a CAGR of 17.65% during the forecast period.
Smart cities market growth will be driven by urbanization, tech advancements (IoT, AI), sustainability goals, govt initiatives, and rising demand for efficient infrastructure & services.
The North American region is anticipated to hold a significant share of the smart cities market.
1. EXECUTIVE SUMMARY
2. MARKET SNAPSHOT
2.1. Market Overview
2.2. Market Definition
2.3. Scope of the Study
2.4. Market Segmentation
3. BUSINESS LANDSCAPE
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Industry Value Chain Analysis
3.6. Policies and Regulations
3.7. Strategic Recommendations
4. TECHNOLOGICAL OUTLOOK
5. SMART CITIES MARKET BY OFFERINGS
5.1. Introduction
5.2. Hardware
5.3. Software
5.4. Services
6. SMART CITIES MARKET BY TYPE
6.1. Introduction
6.2. Transportation & Traffic Management
6.3. Waste Management
6.4. Energy Management
6.5. Smart Healthcare
6.6. Others
7. SMART CITIES MARKET BY TECHNOLOGY
7.1. Introduction
7.2. Artificial Intelligence (AI)
7.3. Machine Learning
7.4. Internet of Things (IoT)
7.5. Others
8. SMART CITIES MARKET BY END-USER
8.1. Introduction
8.2. Residential
8.3. Commercial
8.4. Industrial
9. SMART CITIES MARKET BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. USA
9.2.2. Canada
9.2.3. Mexico
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Others
9.4. Europe
9.4.1. Germany
9.4.2. France
9.4.3. United Kingdom
9.4.4. Spain
9.4.5. Others
9.5. Middle East and Africa
9.5.1. Saudi Arabia
9.5.2. UAE
9.5.3. Others
9.6. Asia Pacific
9.6.1. China
9.6.2. India
9.6.3. Japan
9.6.4. South Korea
9.6.5. Indonesia
9.6.6. Others
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Market Share Analysis
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Competitive Dashboard
11. COMPANY PROFILES
11.1. ABB Ltd.
11.2. Accenture
11.3. Honeywell
11.4. Cisco
11.5. Delta Controls
11.6. Hitachi Ltd.
11.7. IBM
11.8. Siemens
11.9. Schneider Electric
11.10.Alcatel Lucent
12. APPENDIX
12.1. Currency
12.2. Assumptions
12.3. Base and Forecast Years Timeline
12.4. Key benefits for the stakeholders
12.5. Research Methodology
12.6. Abbreviations
ABB Ltd.
Accenture
Honeywell
Cisco
Delta Controls
Hitachi Ltd.
IBM
Siemens
Schneider Electric
Alcatel Lucent
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