Smart City Platforms Industry Statistics & Trends Growth and Analysis

Jakson25817 Feb, 2025Technology

MarketsandMarkets forecasts the global smart city platforms market size to grow from USD 191.6 billion in 2023 to USD 292.1 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period. Major factors expected to drive the growth of the smart city platforms market include need of automation in network architecture, growing need for efficient connectivity network to handle increasing, and growing number of devices on network.