The US smart city development market size is projected to grow from USD 539.8 billion in 2023 to USD 913.8 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 11.1% during the forecast period.
The US Environmental Protection Agency (EPA) supports smart city initiatives through various programs, including the Smart Growth Program, which helps communities grow in ways that protect the environment and public health.
The US smart cities market is expected to grow at a CAGR of 12.5% from 2023 to 2028. The market is driven by factors such as the increasing demand for efficient energy management, public safety, and transportation systems.
This guide provides an overview of smart city development, including the benefits, challenges, and best practices for implementing smart city initiatives. It also includes case studies of successful smart city projects in the US.
The US smart city market size is expected to reach USD 1,433.8 billion by 2028, growing at a CAGR of 13.4% during the forecast period. The market is driven by the increasing adoption of IoT technologies and the need for sustainable and efficient urban planning.
The global smart city development market size was valued at USD 1,245.8 billion in 2022 and is expected to expand at a CAGR of 12.8% from 2023 to 2030. The US is one of the largest markets for smart city development, driven by the presence of major players and the increasing demand for smart city solutions.
This report provides a framework for action on smart city development, including recommendations for policymakers, industry leaders, and community stakeholders. It also includes case studies of successful smart city projects in the US.
The US smart city development market size was valued at USD 539.8 billion in 2023. The market is expected to grow at a CAGR of 11.1% from 2023 to 2028, driven by the increasing demand for efficient energy management, public safety, and transportation systems.