The US smart city infrastructure market size is projected to grow from USD 124.7 billion in 2023 to USD 217.6 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period.
The global smart city infrastructure market size was valued at USD 456.7 billion in 2022 and is expected to expand at a CAGR of 12.1% from 2023 to 2030. The US market is driven by government initiatives and investments in smart city projects.
The US smart city infrastructure market is expected to reach $217.6 billion by 2028, growing at a CAGR of 11.9% from 2023 to 2028, driven by increasing demand for smart city solutions and government initiatives.
The largest regional market for smart city infrastructure in the US is the Northeast, accounting for over 30% of the total market size in 2023, followed by the West Coast and the South.
This video provides an overview of the US smart city infrastructure market, including market size, growth rate, and regional breakdown, as well as key trends and drivers shaping the industry.
The US Department of Transportation provides information on smart city infrastructure, including market size, trends, and initiatives, as well as resources for cities and states looking to invest in smart city projects.
The National League of Cities provides research and resources on smart city infrastructure, including market size, trends, and best practices, as well as information on federal funding opportunities and initiatives.
This report provides a comprehensive analysis of the US smart city infrastructure market, including market size, growth rate, and regional breakdown, as well as key trends, drivers, and challenges shaping the industry.