US Smart City Investment Forecast 2023-2028
The US smart city market is projected to grow from USD 223.4 billion in 2023 to USD 595.8 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 18.1% during the forecast period.
The US smart city market is projected to grow from USD 223.4 billion in 2023 to USD 595.8 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 18.1% during the forecast period.
The US Environmental Protection Agency (EPA) provides funding and technical assistance to support smart city initiatives, including investments in green infrastructure, energy efficiency, and transportation systems.
This report provides a framework for municipalities to invest in smart city technologies, including strategies for financing, procurement, and partnership development.
The US smart city market is driven by the increasing demand for efficient energy management, public safety, and transportation systems, with key players including Cisco, IBM, and Microsoft.
Investors can capitalize on the growing demand for smart city technologies by investing in companies that specialize in IoT, data analytics, and sustainability solutions.
The global smart city market is projected to reach $1.5 trillion by 2028, with the US market accounting for a significant share, driven by investments in smart infrastructure, transportation, and energy systems.
This tool provides a comprehensive forecast of smart city investments, including market size, growth rate, and key trends, to help investors and municipalities make informed decisions.
This video discusses the latest trends and investment opportunities in the smart city market, including the role of AI, IoT, and sustainable technologies in shaping the future of urban development.