The global smart cities market is projected to reach $3,107.05 billion by 2030, at a CAGR of 25.8% during the forecast period of 2023-2030. The growth of the smart cities market is driven by the area that uses emerging technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), big data, cloud, and data analytics to collect and analyze data on infrastructure utilization and use the insights gained to manage assets, resources, and services more efficiently. The study offers a comprehensive analysis of the global smart cities market by solution, components, technology, and geography. Smart citizen services are an essential part of a smart city ecosystem that leverages digital technology to improve the quality of life of its residents.
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