Smart City Platforms Market Growth Size, Opportunities, Future Scope, Business Scenario

Jakson25805 Jun, 2025Technology

The size of the global market for smart city platforms is expected to increase at a Compound Annual Growth Rate (CAGR) of 8.8% from USD 191.6 billion in 2023 to USD 292.1 billion by 2028, according to MarketsandMarkets. The market for smart city platforms is anticipated to expand due in large part to the necessity of automating network architecture and the growing demand for an effective connectivity network to manage an increasing number of devices on the network.