US Smart Cities Market Size Was Valued at USD 82.36 Billion in 2023 and is Projected to Reach USD 237.01 Billion by 2030, Growing at a CAGR of 16.3% From 2023-2030.

A smart city is a technologically advanced urban area that utilizes specialized data from electrical systems and sensors to improve citywide operations. This data is collected from various sources, including people, objects, structures, and assets, then processed to manage resources, assets, and services efficiently. By analyzing this information, cities can oversee and control key systems such as power plants, utilities, transportation networks, and other essential community services. The smart city concept integrates information and communication technology with a network of IoT-connected devices, aiming to optimize city operations, improve services, and strengthen the relationship between the city and its residents.

The smart city market has primarily grown through the push for sustainable development. Cities are adopting green practices, supporting renewable energy, and implementing smart energy infrastructures to reduce greenhouse gas emissions and improve energy efficiency. Building a strong digital infrastructure with high-speed internet, including broadband expansion and investments in 5G networks, is crucial to enable data-heavy smart city applications and technologies. Many cities are also advancing smart mobility solutions, such as intelligent traffic management systems, EV charging infrastructure, bike-sharing programs, and the integration of public transit with digital platforms to improve the overall commuting experience.

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The latest research on the US Smart Cities market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global US Smart Cities industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the US Smart Cities market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Leading players involved in the US Smart Cities Market include:

Cisco (US), IBM (US), Google LLC (US), Microsoft (US), Intel (US), Oracle (US), Honeywell (US), Elko Group (Latvia), ABB Limited (Switzerland), Terranova SRL Società Benefit (Italy), Cognata (Israel), Akeptus LLC (US), Alibaba Group Holding Limited (China), Cyclomedia Technology Inc. (Netherlands), Amazon Web Services Inc. (US), Bosch.IO GmbH (Germany), Quantela Inc. (US), Fybr (US), General Electric (US), Itron Inc. (US), and Other Major Players 

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Segmentation of US Smart Cities Market:

By Solution and Service

·          Smart Mobility Management

·          Smart Public Safety

·          Smart Healthcare

·          Smart Building

·          Smart Utilities

·          Others

By Component

·          Hardware

·          Software

·          Service

By Level

·          Emerging Smart Cities

·          Developing Smart Cities

·          Mature Smart Cities

By End-user

·          Government & Municipalities

·          Transportation & Logistics

·          Energy & Utilities

·          Healthcare

·          Education

·          Others

By Regions: -

• North America (US, Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

Highlights from the report:

• Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global US Smart Cities Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.
• Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.
• Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.
• US Smart Cities Market Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.

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