The US smart city infrastructure market is projected to grow from USD 155.3 billion in 2023 to USD 321.5 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period.
The National League of Cities (NLC) released its 2023 Smart City/Smart Infrastructure Survey, which highlights the trends, challenges, and opportunities in smart city development in the United States.
The increasing demand for energy-efficient and sustainable infrastructure is driving the growth of the US smart city infrastructure market. The market is expected to reach USD 426.4 billion by 2025, growing at a CAGR of 12.5% from 2023 to 2025.
IEEE provides a comprehensive overview of smart cities and infrastructure, including the latest trends, technologies, and innovations in the field. The website features articles, webinars, and conferences on smart city development.
The global smart city infrastructure market is expected to reach USD 1.4 trillion by 2027, growing at a CAGR of 14.1% from 2023 to 2027. The US market is expected to dominate the global market due to the increasing adoption of smart city technologies.
The Urban Institute provides research and analysis on smart city infrastructure, including the social, economic, and environmental benefits of smart city development. The website features reports, briefs, and blog posts on the topic.
The global smart city infrastructure market size was valued at USD 944.7 billion in 2022 and is projected to reach USD 2,535.6 billion by 2029, exhibiting a CAGR of 14.5% during the forecast period. The US market is expected to grow significantly due to government initiatives and investments.
Investopedia provides an overview of smart city infrastructure investment, including the benefits, risks, and trends in the market. The website features articles, tutorials, and courses on investing in smart city infrastructure.