United States Smart Cities Market 2025: Industry Developments, Future Growth, Share & Industry Insights | Siemens AG, Schneider Electric, Ericsson, Vodafone, Itron Inc., Verizon, Telensa, ABB, Honeywell International

Global Smart Cities Market is estimated to grow at a CAGR of 22.9% during the forecast period 2024-2031.

DataM Intelligence has published a new research report on "Smart Cities Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Key Players: Cisco Systems, IBM, Siemens AG, Schneider Electric, Ericsson, Vodafone, Itron Inc., Verizon, Telensa, ABB, Honeywell International Inc., SAP SE, KAPSCH Group, and AGT International, Zhongshan Woli Lighting, Foshan Kaicheng Lighting, SHENZHEN LONG SUN OPTOELECTRONICS TECHNOLOGY Co., Ltd, Yangzhou Bright Solar Solutions Co., Ltd., GUANGDONG WORLD OPTO-ELECTRONIC CO., LTD.

2025 Smart-Cities - latest developments, M&A, product launches:

✅ 2025-02-14: Mainor Ülemiste & Smart City Group - merger agreement came into effect. The companies agreed to combine operations under Mainor Ülemiste AS to consolidate smart city real-estate and services.

✅ 2025-(Apr) - Apr 2025 announcement: CBIST selects Blaize to provide edge-AI / edge-compute for its 2025 smart-city deployment. Blaize was named a core technology partner for AI, edge compute and analytics in the CBIST smart-city program.

✅ 2025-07-29: LG CNS + Englewood Cliffs (NJ) MOU / partnership. LG CNS America signed an MOU with the Borough of Englewood Cliffs to pilot AI, IoT, digital-twin and cybersecurity initiatives - a public-private partnership to make the borough a smart-city testbed.

✅ 2025-(Mar → ongoing): Major industry events and showcases (Europe / India / Asia) highlighted product launches and pilots - e.g., smart-building, energy & mobility demos at ISH / Convergence India / Smart City pavilions. Several vendors used these shows to demo new city-scale solutions (digital twins, building-to-grid, flexible energy, hydrogen mobility).

✅ 2025-10-29: HPE announced secure AI & data-pipeline solutions aimed at governments and smart cities (private AI factory innovations with NVIDIA). HPE's new offerings target sovereign/private AI deployments and data-pipeline needs relevant to city operators.

✅ 2025-(2025 Q1-Q3): Increased public-startup and export activity from South Korea and other APAC vendors - engineering firms and solution providers showcased smart-city tech at regional trade weeks and are expanding project pipelines overseas. (Event coverage and trade show reports through 2025.)

✅ 2025-(mid-2025): Consolidation / M&A activity affecting smart-city value chain (real estate, infrastructure & software). Example: the Mainor Ülemiste merger above; market signals show continued deal activity in platforms and infrastructure firms in 2025.

✅ 2025-(ongoing announcements): Voice AI / conversational platforms launched with smart-city use cases (e.g., multilingual civic voice assistants). Several AI vendors presented voice/assistant products at global launches and events in 2025 that position themselves for municipal customer-service and wayfinding use cases.

Growth Forecast Projected:

The Global Smart Cities Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Smart Cities Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Smart Buildings (Type, Solution, Service)

By Smart Transportation (Type, Solution, Service)

By smart citizen services (Public Safety, Smart Healthcare, Smart Education, Smart Street Lighting, E-Governance)

By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa)

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Smart Cities producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Smart Cities revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q1: Which regions are dominating the smart cities market and which are fastest-growing?

A: North America governed dominated the overall smart cities market.

Q2: How fast is the Smart Cities Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 22.9% from 2024-2031

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