Smart City Technologies Market Size is USD 1,079.2 Billion in 2025

Stats ID: 8650 | Delivery Format: Databook | Tables and Figures: 40+ | Last Updated: September 2025 | Delivery: Immediate

The global smart city technologies market, valued at USD 1,036.69 billion in 2024, is set to reach USD 1,549.38 billion by 2034, growing at a 4.1% CAGR as cities embrace digital infrastructure and sustainable innovation.

Smart City Technologies Market Statical Scope

Reports Attributes	Statistics
Market Size in 2024	USD 1 036.69 Billion
Market Size in 2025	USD 1,079.2 Billion
Market Size in 2031	USD 1,373.42 Billion
Market Size by 2034	USD 1,549.38 Billion
CAGR 2025 to 2034	4.1%
Base Year	2024
Forecast Period	2025 to 2034

Smart City Technologies Market Companies:

ABB
AGT International
Cisco
Ubicquia
ENGIE Innovation
Ericsson
AT& T
Capgemini
Xylem
IBM
Intel
Microsoft
Smart City
StreetLight Data
Mr. Fill
Waycare
Hayden AI
Telensa

Smart City Technologies Market Segmentation:

By Type

Software
Hardware
Service

By Application

Energy
Water Usage
Transportation
Other

By Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Published by Yogesh Kulkarni

Global Market Revenue

Smart City Technologies Market Revenue, By Type 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Software	321.37	337.79	355.01	373.07	392.02	411.90	432.74	454.60	477.53	501.57	526.79	-
Hardware	456.14	466.21	476.34	486.51	496.72	506.95	517.18	527.39	537.58	547.71	557.77	-
Service	259.18	275.19	292.09	309.92	328.71	348.52	369.41	391.43	414.62	439.07	464.81	-

Smart City Technologies Market Revenue, By Application 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Energy	342.11	357.21	372.98	389.44	406.63	424.57	443.29	462.84	483.25	504.55	526.79	-
Water Usage	124.40	132.74	141.55	150.87	160.70	171.09	182.07	193.65	205.88	218.79	232.41	-
Transportation	362.84	376.64	390.96	405.82	421.24	437.24	453.85	471.08	488.97	507.53	526.79	-
Other	207.34	212.60	217.95	223.37	228.88	234.47	240.12	245.85	251.63	257.48	263.38	-

Smart City Technologies Market Revenue, By Region 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
North America	279.91	290.30	301.08	312.26	323.84	335.85	348.30	361.21	374.59	388.46	402.84	-
Asia Pacific	373.21	390.67	408.93	428.04	448.02	468.93	490.79	513.66	537.58	562.60	588.76	-
Europe	248.81	257.93	267.38	277.17	287.32	297.83	308.72	320.01	331.70	343.81	356.36	-
Latin America	72.57	76.08	79.76	83.62	87.66	91.88	96.31	100.95	105.80	110.88	116.20	-
Middle East and Africa	62.19	64.21	66.29	68.41	70.61	72.88	75.21	77.59	80.06	82.60	85.21	-

Global Market Revenue

Smart City Technologies Market Revenue, By Type 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Software	321.37	337.79	355.01	373.07	392.02	411.90	432.74	454.60	477.53	501.57	526.79	-
Hardware	456.14	466.21	476.34	486.51	496.72	506.95	517.18	527.39	537.58	547.71	557.77	-
Service	259.18	275.19	292.09	309.92	328.71	348.52	369.41	391.43	414.62	439.07	464.81	-

Smart City Technologies Market Revenue, By Application 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Energy	342.11	357.21	372.98	389.44	406.63	424.57	443.29	462.84	483.25	504.55	526.79	-
Water Usage	124.40	132.74	141.55	150.87	160.70	171.09	182.07	193.65	205.88	218.79	232.41	-
Transportation	362.84	376.64	390.96	405.82	421.24	437.24	453.85	471.08	488.97	507.53	526.79	-
Other	207.34	212.60	217.95	223.37	228.88	234.47	240.12	245.85	251.63	257.48	263.38	-

Smart City Technologies Market Revenue, By Region 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
North America	279.91	290.30	301.08	312.26	323.84	335.85	348.30	361.21	374.59	388.46	402.84	-
Asia Pacific	373.21	390.67	408.93	428.04	448.02	468.93	490.79	513.66	537.58	562.60	588.76	-
Europe	248.81	257.93	267.38	277.17	287.32	297.83	308.72	320.01	331.70	343.81	356.36	-
Latin America	72.57	76.08	79.76	83.62	87.66	91.88	96.31	100.95	105.80	110.88	116.20	-
Middle East and Africa	62.19	64.21	66.29	68.41	70.61	72.88	75.21	77.59	80.06	82.60	85.21	-

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Smart City Technologies Market Size is USD 1,079.2 Billion in 2025

Smart City Technologies Market Statical Scope

Smart City Technologies Market Companies:

Smart City Technologies Market Segmentation:

By Type

By Application

By Region

Global Market Revenue

Smart City Technologies Market Revenue, By Type 2024 to 2034 (USD Billion)

Smart City Technologies Market Revenue, By Application 2024 to 2034 (USD Billion)

Smart City Technologies Market Revenue, By Region 2024 to 2034 (USD Billion)

Global Market Revenue

Smart City Technologies Market Revenue, By Type 2024 to 2034 (USD Billion)

Smart City Technologies Market Revenue, By Application 2024 to 2034 (USD Billion)

Smart City Technologies Market Revenue, By Region 2024 to 2034 (USD Billion)

Proceed to Buy

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The report offers key market data-from trends to estimates and forecasts-customizable for strategic planning.

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