Smart city technologies market projected to reach $100 billion in 2024, led by China's growth.

Smart city technologies are projected to become a $100 billion industry in 2024, with China leading growth as cities seek innovative solutions for urban challenges. The market has grown by 140% over the past five years, reaching $90 billion in 2021. Smart city solutions leverage IoT, software, and communication networks to address issues like cybersecurity threats, traffic congestion, and energy management.

May 29, 2024
5 Articles