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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. This growth is driven by the use of 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 report provides an in-depth analysis of the global smart cities market by solution, components, technology, and geography.