According to a market report by Lucintel, the future of the global IoT in smart city market looks promising with opportunities in the smart governance, smart building & infrastructure, smart utility, smart health, public safety, and smart transportation markets. The global IoT in smart city market is expected to reach an estimated $1081 billion by 2035 with a CAGR of 15.6% from 2026 to 2035. The major drivers for this market are the increasing demand for smart infrastructure in cities, the growing demand for development of 5g & communication networks, and the rising demand for real-time data monitoring & analytics.A more than 150-page report to understand trends, opportunity and forecast in IoT in smart city market to 2035 by component (solution and service), technology (short range, LPWA, cellular, and others), application (smart governance, smart building & infrastructure, smart utilities, smart health, public safety, and smart transportation), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the component category, solution is expected to witness higher growth over the forecast period.
Within the application category, smart transportation is expected to witness the highest growth.
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in terms of region, APAC is expected to witness the highest growth over the forecast period.
IBM, Intel, Cisco, Huawei, Microsoft. are the major suppliers in the IoT in smart city market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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