Smart Cities Statistics 2024 – Everything You Need to Know

Are you looking to add Smart Cities to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Smart Cities statistics of 2024.

My team and I scanned the entire web and collected all the most useful Smart Cities stats on this page. You don’t need to check any other resource on the web for any Smart Cities statistics. All are here only 🙂

How much of an impact will Smart Cities have on your day-to-day? or the day-to-day of your business? Should you invest in Smart Cities? We will answer all your Smart Cities related questions here.

Please read the page carefully and don’t miss any word. 🙂

Best Smart Cities Statistics

☰ Use “CTRL+F” to quickly find statistics. There are total 68 Smart Cities Statistics on this page 🙂

Smart Cities Benefits Statistics

  • It is estimated that Smart Cities can generate20 trillion U.S. dollarsin economic benefits by 2026. [0]

Smart Cities Market Statistics

  • The size of the global Smart Cities market will grow from approximately410.8 billion U.S. dollars in 2020 to 820.7 billion U.S. dollars in 2025, with a 14.8% CAGR. [0]
  • Smart Cities Market Growth & Trends smart cities market size is expected to reach USD 6,965.02 billion by 2030, registering a CAGR of 24.2% over the forecast period, according to a new report by Grand View Research,. [1]
  • The waste management segment accounted for a market share of over 20% in 2021. [1]
  • The Asia Pacific regional market is expected to register the fastest CAGR of 27.7% over the forecast period, owing to the rapid economic developments, globalization, digitalization, and the increased proliferation of smartphones. [1]
  • Amid the COVID 19 crisis, the global market for Smart Cities estimated at US$741.6 Billion in the year 2020, is projected to reach a revised size of US$2.5 Trillion by 2026, growing at a CAGR of 22.5% over the analysis period. [2]
  • The Smart Cities market in the U.S. is estimated at US$233.9 Billion in the year 2021. [2]
  • China, the world`s second largest economy, is forecast to reach a projected market size of US$602.7 Billion by the year 2026 trailing a CAGR of 27.6% over the analysis period. [2]
  • Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 19.1% respectively over the analysis period. [2]
  • Europe constitutes the largest regional market for Smart Energy segment, accounting for 31.8% of the global sales in 2020. [2]

Smart Cities Latest Statistics

  • The revenue from smart city infrastructure is forecast to grow to more than 100 billion U.S. dollars by 2025, a share of more than 40 percent of the total smart city revenue worldwide. [3]
  • Currently, roughly 26% of global spending on Smart City technology initiatives is in the United States. [0]
  • Indeed, Asia will likely see itsSmart City revenues triplefrom 2020 to 2025. [0]
  • As of 2008, around50%of the world’s population lived in cities. [0]
  • By 2040, this number is expected to rise to65%. [0]
  • It’s estimated that, each week,1.3 millionpeople move into cities. [0]
  • What’s more, the top 600 urban centers generate approximately60%of global GDP. [0]
  • Cities consume between60%and80%of the world’s energy. [0]
  • Moreover, cities that leverage Smart City solutions can improve their energy efficiency by30%in 20 years. [0]
  • The use ofdigital government services tripledfrom 2006 to 2016 across OECD member countries, with 36% of citizens submitting forms via public authorities’ websites in 2016. [0]
  • In the European Union, the digitization of services hasreduced operating costs for 85% of cities. [0]
  • According to the Yonsei University Smart City Development Index,33%of cities provide appor web based Smart City services for public transportation,23%do. [0]
  • According to the mobile operator O2, who enables the SMLL initiative, this maya. [0]
  • Reduce the amount of time motorists spend in traffic by10%b. [0]
  • Since 2010, when Paris first began implementing smart solutions to improve road safety and traffic management, traffic fatalities in the city havedecreased by 40%. [0]
  • The Italian city of Pisa had the highest ratio of full time tertiary students to its population of 20–34 year olds, at 336.7 %. [4]
  • According to labour force survey statistics, the overall share of people aged 25–64 in the EU 28 with a tertiary level of educational attainment stood at just over a quarter (27.7 %). [4]
  • An analysis by degree of urbanisation shows a marked contrast, with more than one third (35.5 %) of those living in cities having a tertiary level of educational attainment compared with less than one fifth (19.3 %). [4]
  • According to information society statistics, 80 % of all households in the EU 28 were already connected to broadband internet in 2015. [4]
  • Across the whole of the EU 28, upwards of four out of every five (81 %). [4]
  • Information society statistics also confirm that 12 % of people living in cities across. [4]
  • the EU 28 in 2015 had never used the internet, compared with 23 % of those living in rural areas. [4]
  • The proportion of people living in cities who had never used the internet was either 2 % or 3 % in the Nordic Member States and Luxembourg. [4]
  • At the other end of the range, some 20–25 % of those living in cities in Poland, Bulgaria, Greece, Cyprus, Portugal, Malta and Italy had never used the internet. [4]
  • Across the EU 28, some 58 % of those living in cities made online purchases; this was 13 percentage points higher than the corresponding share recorded for those living in rural areas. [4]
  • At least 80 % of the population living in the cities of Luxembourg, Denmark and the United Kingdom made an online purchase during the 12 month period prior to the survey in 2015. [4]
  • By contrast, just 16 % of those living in cities in Romania, or around one quarter in Bulgaria and Cyprus, rising to 28 % in Italy made online purchases. [4]
  • In 2015, the highest levels of satisfaction in the EU were recorded in the Austrian and Finnish capitals of Wien (95 %) and Helsinki (93 %); although an even higher share was recorded in the Swiss city of Zürich (97 %). [4]
  • Since 2007, more than half the world’s population has been living in cities, and that share is projected to rise to 60 per cent by 2030. [5]
  • Cities and metropolitan areas are powerhouses of economic growth—contributing about 60 per cent of global GDP. [5]
  • However, they also account for about 70 per cent of global carbon emissions and over 60 per cent of resource use. [5]
  • Africa’s cities account for more than 50% of the region’s GDP, and COVID 19 is likely to hit African cities hard, with sharp declines in productivity, jobs and revenues. [5]
  • 95 per cent of urban expansionin the next decades will take place in developing world. [5]
  • The world’s cities occupy just 3 per cent of the Earth’s land, but account for60 80 per cent of energy consumptionand 75 per cent of carbon emissions. [5]
  • Cities account forbetween 60 and 80 per centof energy consumption and generate as much as 70per cent of human induced greenhouse gas emissions 90 per centof urban growth is forecasted to happen in Asia and Africa in the next 30 years. [5]
  • By 205070 per centof the world population is predicted to live in urban settlements. [5]
  • The top 600 urban centers generate 60% of global GDP By 2025, the number of megacities is expected to reach 29. [6]
  • Cisco estimates that cities that run on information can improve their energy efficiency by 30% within 20 years. [6]
  • The smart utilities segment is expected to witness a considerable CAGR of 22.9% over the forecast period, owing to the increasing investments in smart grid systems around the world. [1]
  • The smart infrastructure segment is anticipated to register a CAGR of 24.3% over the forecast period. [1]
  • The smart ticketing and travel assistance segment is expected to witness a significant CAGR of 23.4% over the forecast period. [1]
  • The direct and indirect impacts of the COVID 19 pandemic are making it even more unlikely that this Goal will be achieved, with more people forced to live in slums, where quality of life is deteriorating and vulnerability increasing. [7]
  • Of these countries and territories, 38 per cent are in the early stages of plan development, while 13 per cent are monitoring and evaluating the performance of their plans. [7]
  • As time goes on the percentage of smart cities in the worlds will keep increasing, and by 2050, up to 70% of the world’s population is expected to inhabit a city. [8]
  • As time goes on the percentage of smart cities in the worlds will keep increasing, and by 2050, up to 70% of the world’s population is expected to inhabit a city.[64][65]Policies[edit]ASEAN. [8]
  • Retrieved 29 June 2019 – viahttps//inta. [8]
  • From 1940 to 1990, a 10% increase in a metropolitan area’s concentration of college educated residents was associated with a 0.8% increase in subsequent employment growth. [9]
  • Today, 54% of people worldwide live in cities, a proportion that’s expected to reach 66% by 2050. [10]
  • The New York City Department of Transportation’sMidtown in Motionis acongestion management systemthat has improved travel times on Midtown’s avenues by 10%. [10]
  • According to ABI Research there will be approximately 1.3 billion WANbased smart city connections by 2024, almost half of which are expected to be lowpower wide. [11]
  • For public sector organizations, one of the concerning findings is that 66% of breaches can now be attributed to cyber espionage, with hackers seeking to quietly gain access to exfiltrate data. [11]
  • Smart Governance & Education, one of the segments analyzed in the report, is projected to record a 24.4% CAGR and reach US$915.5 Billion by the end of the analysis period. [2]
  • After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Smart Buildings & Infrastructure segment is readjusted to a revised 18.9% CAGR for the next 7. [2]
  • The U.S. Market is Estimated at $233.9 Billion in 2021, While China is Forecast to Reach $602.7 Billion by 2026. [2]
  • China is poised to register the fastest compounded annual growth rate of 33.0% over the analysis period, to reach US$176.1 Billion by the close of the analysis period. [2]
  • 80% of fortune 2000 companies rely on our research to identify new revenue sources. [12]
  • The global Smart Cities Market size to grow from USD 457.0 billion in 2021 to USD 873.7 billion by 2026, at a Compound Annual Growth Rate of 13.8% during the forecast period. [12]
  • North America is estimated to hold the largest share in the Smart Cities Market in 2021. [12]

I know you want to use Smart Cities Software, thus we made this list of best Smart Cities Software. We also wrote about how to learn Smart Cities Software and how to install Smart Cities Software. Recently we wrote how to uninstall Smart Cities Software for newbie users. Don’t forgot to check latest Smart Cities statistics of 2024.

Reference


  1. pareteum – https://www.pareteum.com/32-smart-city-stats-to-know-in-2021/.
  2. grandviewresearch – https://www.grandviewresearch.com/press-release/global-smart-cities-market.
  3. globenewswire – https://www.globenewswire.com/news-release/2024/02/22/2389027/0/en/Global-Smart-Cities-Market-to-Reach-2-5-Trillion-by-2026.html.
  4. statista – https://www.statista.com/topics/4448/smart-city/.
  5. europa – https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Urban_Europe_%E2%80%94_statistics_on_cities,_towns_and_suburbs_%E2%80%94_smart_cities&oldid=302617.
  6. un – https://www.un.org/sustainabledevelopment/cities/.
  7. postscapes – https://www.postscapes.com/anatomy-of-a-smart-city.
  8. un – https://sdgs.un.org/goals/goal11.
  9. wikipedia – https://en.wikipedia.org/wiki/Smart_city.
  10. repec – https://econpapers.repec.org/RePEc:tpr:restat:v:88:y:2006:i:2:p:324-335.
  11. thalesgroup – https://www.thalesgroup.com/en/markets/digital-identity-and-security/iot/inspired/smart-cities.
  12. gcn – https://gcn.com/cybersecurity/2019/08/smart-cities-vulnerable-to-iot-based-cyber-attacks/297552/.
  13. marketsandmarkets – https://www.marketsandmarkets.com/Market-Reports/smart-cities-market-542.html.

How Useful is Smart Cities

On the surface, the concept of smart cities seems promising. By integrating technology and data into city infrastructure, these smart cities aim to improve the quality of life for residents, enhance sustainability, and increase efficiency in various aspects of urban life. From smart traffic management systems and energy-efficient buildings to connected public transportation and enhanced public safety measures, the potential benefits of smart cities are undeniable.

One of the key ways in which smart cities can be useful is in addressing urban challenges. With rapid urbanization and the growing populations in cities around the world, there is an increasing demand for solutions that can help manage congestion, pollution, and resource allocation more effectively. Smart city technologies can help cities collect and analyze data to make better decisions about transportation, waste management, and energy usage, ultimately leading to more sustainable and livable environments for residents.

Moreover, smart cities have the potential to improve the quality of life for residents in various ways. For instance, smart sensors can monitor air and water quality in real-time, helping to identify and mitigate environmental risks. Smart transportation systems can reduce commute times and ease traffic congestion, while also lowering emissions and improving air quality. Additionally, smart healthcare initiatives can help monitor public health trends and provide better access to healthcare services for residents.

Furthermore, smart cities can enhance public safety by using technology to prevent and respond to emergencies more efficiently. For example, smart surveillance systems can help law enforcement agencies monitor public spaces and detect potentially criminal activities. Moreover, smart sensors can detect and respond to natural disasters or accidents in real-time, helping to minimize damage and save lives.

While the concept of smart cities is undeniably appealing, there are also some challenges and limitations that need to be considered. Privacy concerns are a major issue, as the collection and use of data in smart cities raise questions about surveillance and the protection of personal information. Moreover, the high costs associated with implementing smart city technologies can be a barrier for many cities, particularly in developing countries where resources are limited.

It is also important to consider the potential for technological failures and cyber-attacks in smart cities, which can have serious consequences for residents and infrastructure. Issues related to connectivity and interoperability between different technologies can also be a hindrance to the effectiveness of smart city initiatives.

In conclusion, while the concept of smart cities has the potential to revolutionize urban living and address many of the challenges faced by cities today, it is essential to approach this idea with caution and consideration. By balancing the benefits with the risks and challenges, cities can harness the power of technology to create more sustainable, efficient, and livable environments for their residents.

In Conclusion

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