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The Asia-Pacific smart cities market is projected to reach $1,635.3 billion by 2030, at a CAGR of 38.0%. This growth is driven by the increasing government initiatives to manage the needs of the rising urban population, rising demand for fast and efficient transport, public safety concerns to accelerate smart city adoption, and the growing need for resource management and sustainable development. However, the significant initial investment requirements restrain the growth of this market.