The IoT in Smart Cities market is expected to grow at a compound annual growth rate (CAGR) of 19.6% from 2024 to 2034. By 2034, the market size is projected to reach USD 585.43 billion, following an average growth trajectory. In 2024, the global IoT in Smart Cities market revenue is estimated to be USD 145.72 billion.

Introduction to IoT in Smart Cities
The Internet of Things (IoT) in smart cities refers to the use of connected devices, sensors, communication networks, and software solutions to collect and analyze real-time data from various sources. urban system. This interconnected ecosystem enables cities to improve efficiency, sustainability and safety through intelligent decision-making and automated response.

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