The U.S. Census defines Asian Americans as individuals having origins in any of the original peoples of the Far East, Southeast Asia, or the Indian subcontinent (U.S. Office of Management and Budget, 1997). As a broad racial category, Asian Americans are the fastest-growing minority group in the United States (U.S. Census Bureau, 2012). The growth rate of 42.9% in Asian Americans between 2000 and 2010 is phenomenal given that the corresponding figure for the U.S. total population is only 9.3% (see Figure 1). Currently, Asian Americans make up 5.6% of the total U.S. population and are projected to reach 10% by 2050. It is particularly notable that Asians have recently overtaken Hispanics as the largest group of new immigrants to the U.S. (Pew Research Center, 2015). The rapid growth rate and unique challenges as a new immigrant group call for a better understanding of the social and health needs of the Asian American population.
In 2020, about 82.66 percent of the total population in the United States lived in cities and urban areas. As the United States was one of the earliest nations to industrialize, it has had a comparatively high rate of urbanization over the past two centuries. The urban population became larger than the rural population during the 1910s, and by the middle of the century it is expected that almost 90 percent of the population will live in an urban setting. Regional development of urbanization in the U.S. The United States began to urbanize on a larger scale in the 1830s, as technological advancements reduced the labor demand in agriculture, and as European migration began to rise. One major difference between early urbanization in the U.S. and other industrializing economies, such as the UK or Germany, was population distribution. Throughout the 1800s, the Northeastern U.S. became the most industrious and urban region of the country, as this was the main point of arrival for migrants. Disparities in industrialization and urbanization was a key contributor to the Union's victory in the Civil War, not only due to population sizes, but also through production capabilities and transport infrastructure. The Northeast's population reached an urban majority in the 1870s, whereas this did not occur in the South until the 1950s. As more people moved westward in the late 1800s, not only did their population growth increase, but the share of the urban population also rose, with an urban majority established in both the West and Midwest regions in the 1910s. The West would eventually become the most urbanized region in the 1960s, and over 90 percent of the West's population is urbanized today. Urbanization today New York City is the most populous city in the United States, with a population of 8.3 million, while California has the largest urban population of any state. California also has the highest urbanization rate, although the District of Columbia is considered 100 percent urban. Only four U.S. states still have a rural majority, these are Maine, Mississippi, Montana, and West Virginia.
In 2025, the degree of urbanization worldwide was at 58 percent. North America, Latin America, and the Caribbean were the regions with the highest level of urbanization, with over four-fifths of the population residing in urban areas. The degree of urbanization defines the share of the population living in areas defined as "cities". On the other hand, less than half of Africa's population lives in urban settlements. Globally, China accounts for over one-quarter of the built-up areas of more than 500,000 inhabitants. The definition of a city differs across various world regions - some countries count settlements with 100 houses or more as urban, while others only include the capital of a country or provincial capitals in their count. Largest agglomerations worldwideThough North America is the most urbanized continent, no U.S. city was among the top ten urban agglomerations worldwide in 2023. Tokyo-Yokohama in Japan was the largest urban area in the world that year, with 37.7 million inhabitants. New York ranked 13th, with 21.4 million inhabitants. Eight of the 10 most populous cities are located in Asia. ConnectivityIt may be hard to imagine how the reality will look in 2050, with 70 percent of the global population living in cities, but some statistics illustrate the ways urban living differs from suburban and rural living. American urbanites may lead more “connected” (i.e., internet-connected) lives than their rural and/or suburban counterparts. As of 2021, around 89 percent of people living in urban areas owned a smartphone. Internet usage was also higher in cities than in rural areas. On the other hand, rural areas always have, and always will, attract those who want to escape the rush of the city.
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The North American urban security screening market, valued at approximately $X million in 2025 (a logical estimation based on the global market size of $2.19 billion and considering North America's significant share of the global security market), is projected to experience robust growth over the forecast period (2025-2033). This growth is fueled by several key drivers. Increased concerns about terrorism and mass shootings are prompting governments and corporations to invest heavily in advanced security technologies. The rising adoption of smart city initiatives, emphasizing enhanced security measures within urban environments, further contributes to market expansion. Moreover, the increasing integration of AI and machine learning in security screening systems is improving detection accuracy and efficiency, making these systems more attractive to potential buyers. Specific segments within the North American market, such as corporate buildings, transportation hubs (airports, train stations, etc.), and government facilities, are exhibiting particularly strong growth due to stringent security protocols and high foot traffic. The demand for sophisticated technologies, such as millimeter-wave scanners and advanced X-ray systems that can quickly and accurately screen large numbers of people and packages, will be a significant factor influencing the market's trajectory. The competitive landscape in this market is characterized by a mix of established players and innovative startups. Established companies like Smiths Detection and Thermo Fisher Scientific leverage their extensive experience and global reach, while newer companies like Evolv Technologies are introducing cutting-edge technologies and disrupting the market with innovative solutions. The market is also seeing increasing consolidation as larger companies acquire smaller firms to expand their product portfolios and market share. Continued technological advancements, evolving regulatory landscapes, and the need for seamless integration of security systems with other technologies will shape the competitive dynamics in the coming years. Companies are likely focusing on providing comprehensive security solutions rather than individual products, meeting the increasing need for integrated systems that can manage and analyze data from multiple sources. This trend towards integrated solutions is expected to lead to further market growth and consolidation. This report provides a detailed analysis of the North American urban security screening market, encompassing the period from 2019 to 2033. It offers invaluable insights into market size, growth drivers, challenges, and future trends, making it an essential resource for stakeholders across the industry. The report leverages data from the historical period (2019-2024), the base year (2025), and forecasts the market until 2033. Key drivers for this market are: Increasing Automation in the Security Screening Industry, Especially to Detect Advanced Threats, etc., Upsurge in Terror Activities Across the Region; Increasing Government Initiatives on Security Inspection in Schools and Colleges; Increasing Government Initiatives for Smart Cities. Potential restraints include: Supply Chain Issues Caused By Geopolitical Scenario and the COVID-19 Pandemic, etc., High Installation and Maintenance Costs. Notable trends are: Government Buildings to be the Fastest Growing End-user.
This statistic shows the 25 largest counties in the United States in 2022, by population. In 2022, about 9.72 million people were estimated to be living in Los Angeles County, California.
Additional information on urbanization in the United States
Urbanization is defined as the process by which cities grow or by which societies become more urban. Rural to urban migration in the United States, and around the world, is often undertaken in the search for employment or to enjoy greater access to services such as healthcare. The largest cities in the United States are steadily growing. Given their size, incremental increases yield considerable numerical gains as seen by New York increasing by 69,777 people in 2011, the most of any city. However in terms of percentage growth, smaller cities outside the main centers are growing the fastest, such as Georgetown city and Leander city in Texas.
Urbanization has increased slowly in the United States, rising from 80.77 percent of the population living in urban areas in 2010 to 82.66 percent in 2020. In 2018, the United States ranked 14th in a ranking of countries based on their degree of urbanization. Unlike fully urbanized countries such as Singapore and Hong Kong, the United States maintains a sizeable agricultural industry. Although technological developments have reduced demands for rural labor, labor in the industry and supporting services are still required.
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According to Cognitive Market Research, the global Connected Lighting market size will be USD 16245.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 22.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 6498.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4873.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3736.40 million in 2024 and will grow at a compound annual growth rate (CAGR) of 24.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 812.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 21.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 324.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.2% from 2024 to 2031.
The residential lighting category is the fastest growing segment of the Connected Lighting industry
Market Dynamics of Connected Lighting Market
Key Drivers for Connected Lighting Market
Rising demand for energy-saving lighting solutions to Boost Market Growth
The rising demand for energy-saving lighting solutions is a major driver in the global lighting market, driven by several key factors, The expansion of smart cities, infrastructure projects, and the growth of urbanization are fueling the demand for energy-saving lighting in commercial, residential, and public spaces. These projects prioritize sustainability and efficient energy use, supporting the market. The global lighting market is fragmented, with a wide range of products, standards, and regulations varying across regions. This fragmentation can lead to complexities in distribution and product standardization, creating challenges for companies aiming to penetrate different regional markets. For instance, Itron, Inc. and Duquesne Light Company (DLC) inked a deal in March 2023 to enhance operational effectiveness, modernize infrastructure, and enable smart city applications. Itron intends to provide DLC with its smart street lighting system, which consists of sensors, LED lights, and software for traffic control, data collection, and dimming. It is anticipated that the solution will help DLC save energy, enhance security, and gain a better understanding of how its customers use its services.
Growing urban populations driving infrastructure and smart lighting demand
The rapid growth of urban populations is a key driver for increased demand for infrastructure and smart lighting solutions. Expanding cities require enhanced public services, including energy-efficient street lighting and smart urban management systems. Smart lighting helps reduce energy consumption and improve public safety through automation and real-time monitoring. Governments and municipalities are investing heavily in smart infrastructure to meet the needs of growing populations, further fueling the demand for smart lighting technologies in urban areas worldwide.
Restraint Factor for the Connected Lighting Market
Complex installation requires specialized expertise, increasing deployment time
The complex installation process that requires specialized expertise, significantly increases deployment time. This complexity often leads to extended project timelines and higher costs, as organizations must rely on trained professionals to handle the installation. The requirement for technical expertise can be a barrier, particularly for smaller companies with limited resources, slowing down adoption rates. Additionally, the lengthy installation process may disrupt regular operations, further hindering market growth and discouraging potential buyers.
Impact of Covid-19 on the Connected Lighting Market
The COVID-19 pandemic disrupted the connected lighting market, causing delays in projects and supply chain disruptions. Reduced construction activity and slowed commercial developments lowered demand temporarily. However, the pandemic accelerated the shift toward smart and energy-efficient lighting solutions as businesses and households sought automation for contactless control an...
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According to Cognitive Market Research, the global Shared Micromobility market size will be USD 2154.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 11.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 861.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 646.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 495.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 107.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 43.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.
The ?2? category is the fastest growing segment of the Shared Micromobility industry
Market Dynamics of Shared Micromobility Market
Key Drivers of the Shared Micromobility Market
Rising Demand for On-Demand Transport in Smart Cities The rapid pace of urbanization and expansion of smart city initiatives are boosting the need for flexible, last-mile mobility solutions. Governments are promoting bike-sharing and e-scooter infrastructure through policy support and dedicated lanes. Increased adoption in cities like New York reflects a growing public shift toward shared micro-transport options.
Advancements in Telematics and Connected Technologies Integration of telematics, AI, and cloud connectivity is enhancing vehicle tracking, diagnostics, and theft prevention in micromobility fleets. Connected e-bikes with built-in SIMs now support features like emergency calls, navigation, and remote access. These innovations improve operational efficiency and user experience, driving faster adoption globally.
Key Restraints in the Shared Micromobility Market
Limited Internet Infrastructure in Developing Regions Low network penetration and digital infrastructure gaps in remote and low-income areas restrict micromobility service expansion. Services like GPS tracking, digital payments, and app-based rentals depend on strong telecom support. Without improved connectivity, providers face difficulties scaling operations across emerging economies.
Key Trends in the Shared Micromobility Market
Expansion of Multi-Modal Mobility Platforms Operators are integrating bikes, e-scooters, and mopeds into unified apps that support route planning, payments, and transfers. These platforms enhance user convenience and enable city planners to manage traffic flow better. This trend is central to smart city transportation ecosystems prioritizing low-emission, flexible mobility options.
Growth in Subscription and Membership Models Companies are shifting from pay-per-ride to flat-rate and membership-based access models for recurring revenue. Subscriptions offer cost savings for daily commuters and support higher customer retention. These models are being bundled with public transport passes to encourage regular, integrated use.
Sustainability and Carbon-Neutral Mobility Goals Cities and operators are aligning micromobility services with carbon-reduction targets by offering electric fleets and eco-friendly parking solutions. Lifecycle emissions tracking and green partnerships are becoming key brand differentiators. As urban climate policies strengthen, shared micromobility is emerging as a critical enabler of sustainable transport.
Impact of Covid-19 on the Shared Micromobility Market
The COVID-19 epidemic profoundly affected the Shared Micromobility Market, leading to a drastic reduction in ridership and income as a result of lockdowns and social distancing protocols. Numerous micromobility service providers had financial difficulties, leading some to curtail operations or withdraw from certain regions entirely. As the epidemic advanced, private micromobility options like as e-scooters and bike-sharing emerged as safer, socially removed alternatives to public transit. The change in consumer behavior, together with heightened investments and favorable ...
Events Industry Market Size 2025-2029
The events industry market size is forecast to increase by USD 1.07 trillion, at a CAGR of 13.5% between 2024 and 2029. The market is experiencing significant growth, driven primarily by the increasing number of corporate events. Companies recognize the value of face-to-face interactions in fostering business relationships and driving sales.
Major Market Trends & Insights
Europe dominated the market and contributed 34% to the growth during the forecast period.
The market is expected to grow significantly in Noth America region as well over the forecast period.
Based on the Type, the corporate events and seminar segment led the market and was valued at USD 304.60 billion of the global revenue in 2023.
Based on the Source, the sponsorship segment accounted for the largest market revenue share in 2023.
Market Size & Forecast
Market Opportunities: USD 149.92 Billion
Future Opportunities: USD 1.07 Trillion
CAGR (2024-2029): 13.5%
Europe: Largest market in 2023
Another key trend is the growing popularity of events in education, as organizations leverage interactive learning experiences to engage their audiences and enhance brand awareness. However, this market faces a significant challenge: the emerging threat from open-source virtual events solutions. As technology advances, more businesses are turning to cost-effective virtual alternatives to traditional in-person events. This shift presents both opportunities and challenges for market players. Companies that can effectively adapt to this trend, offering innovative solutions that enhance the virtual event experience, will be well-positioned to capitalize on this market's potential. Conversely, those that fail to adapt may find themselves at a competitive disadvantage. To succeed in this dynamic market, companies must focus on delivering value-added services, leveraging technology to create engaging experiences, and continuously innovating to meet the evolving needs of their customers.
What will be the Size of the Events Industry Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The events industry continues to evolve, presenting numerous opportunities for businesses across various sectors. Emergency response planning remains a critical aspect of event management, ensuring the safety and well-being of attendees. Event networking opportunities are increasingly leveraged through virtual platforms, enabling global connectivity and expanded reach. Exhibitor management tools and event staff management systems streamline operations, while virtual event platform technology offers flexibility and cost savings. Event marketing automation and event data analytics provide valuable insights for targeted promotional strategies. Event ticketing systems facilitate seamless registration workflow automation, with a projected industry growth of 10.5% by 2026.
Event sustainability practices, such as virtual booth technology and accessibility features, are gaining traction, enhancing the overall event experience. Event risk assessment, event gamification strategies, and event feedback mechanisms ensure continuous improvement and attendee satisfaction. Registration workflow automation, speaker management platforms, and event sponsorship management tools further optimize event planning and execution. Live streaming technology and venue booking software enable hybrid event management, catering to diverse audience preferences. Post-event analysis reporting and attendee engagement tools provide valuable insights for future improvements. For instance, a leading event organizer reported a 30% increase in lead generation through the implementation of a lead retrieval system at a recent conference.
These advancements underscore the continuous dynamism of the events industry, with ongoing innovation shaping its future applications.
How is this Events Industry segmented?
The events industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
Corporate events and seminar
Music concert
Festival
Sports
Others
Source
Sponsorship
Ticket sale
Others
Revenue Type
Ticket Sale
Sponsorship
Food and Beverage
Advertising
Merchandise Sales
Membership Fees
Participation Fees
Media and Licensing Revenue
Others
Age Group
Below 20 Years
21 to 40 Years
Above 40 Years
Event Location
Tier 1 Cities
Tier 2 Cities
Tier 3 Cities
Geography
North America
US
Canada
Europe
France
Germany
Spain
UK
APAC
China
India
Japan
South America
B
Nigeria is the African country with the largest population, counting over 230 million people. As of 2024, the largest city in Nigeria was Lagos, which is also the largest city in sub-Saharan Africa in terms of population size. The city counts more than nine million inhabitants, whereas Kano, the second most populous city, registers around 3.6 million inhabitants. Lagos is the main financial, cultural, and educational center in the country. Where Africa’s urban population is booming The metropolitan area of Lagos is also among the largest urban agglomerations in the world. Besides Lagos, another most populated citiy in Africa is Cairo, in Egypt. However, Africa’s urban population is booming in other relatively smaller cities. For instance, the population of Bujumbura, in Burundi, could grow by 123 percent between 2020 and 2035, making it the fastest growing city in Africa and likely in the world. Similarly, Zinder, in Niger, could reach over one million inhabitants by 2035, the second fastest growing city. Demographic urban shift More than half of the world’s population lives in urban areas. In the next decades, this will increase, especially in Africa and Asia. In 2020, over 80 percent of the population in Northern America was living in urban areas, the highest share in the world. In Africa, the degree of urbanization was about 40 percent, the lowest among all continents. Meeting the needs of a fast-growing population can be a challenge, especially in low-income countries. Therefore, there will be a growing necessity to implement policies to sustainably improve people’s lives in rural and urban areas.
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The U.S. Census defines Asian Americans as individuals having origins in any of the original peoples of the Far East, Southeast Asia, or the Indian subcontinent (U.S. Office of Management and Budget, 1997). As a broad racial category, Asian Americans are the fastest-growing minority group in the United States (U.S. Census Bureau, 2012). The growth rate of 42.9% in Asian Americans between 2000 and 2010 is phenomenal given that the corresponding figure for the U.S. total population is only 9.3% (see Figure 1). Currently, Asian Americans make up 5.6% of the total U.S. population and are projected to reach 10% by 2050. It is particularly notable that Asians have recently overtaken Hispanics as the largest group of new immigrants to the U.S. (Pew Research Center, 2015). The rapid growth rate and unique challenges as a new immigrant group call for a better understanding of the social and health needs of the Asian American population.