SmartCity consists of 50 images in total collected from ten city scenes including office entrance, sidewalk, atrium, shopping mall etc.. Unlike the existing crowd counting datasets with images of hundreds/thousands of pedestrians and nearly all the images being taken outdoors, SmartCity has few pedestrians in images and consists of both outdoor and indoor scenes: the average number of pedestrians is only 7.4 with minimum being 1 and maximum being 14.

Introduction

Smart City Statistics: The world is developing enormously with advanced technology, not only the smart device industries are increasing but also many cities around the world are evolving with smart technologies. What exactly does a smart city consist of? Which cities are termed as smart? This article on Smart City Statistics includes several insights from different studies and reports that will guide you effectively so, that you can get a clear vision. According to a report published by Google states that the market size of the Smart City industry is expected to reach $10.27 trillion by the end of 2032.

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• In the United States revenue generated by Smart Cities is expected to be $0.27 billion by 2023.
• The global revenue share of the market is expected to reach $1.48 trillion by the end of 2023, and$10.27 trillion by 2032.
• The compound annual growth rate (CAGR) is 25.9% between the years 2023 to 2028.
• In the year 2023, the expected spending on the global Internet of Things is around $1.1 trillion.
• Consumer spending on smart home systems is predicted to be $123 billion and expected technology spending on Smart city initiatives is around $124 billion.
• 54.4% of houses are going to be included under smart home technology in the United States by 2023.
• The global largest market of the Smart Home industry is carried out by the USA with a 35% share.
• In 2023, the smart home industry is going to ship more than 68 million smart speakers.
• Around the world, almost 70% of consumers are expecting to implement smart home appliances by the end of 2023.
• The main reason for implementing smart home as it provides effective energy management claimed by 45% of smart home users.
• By the end of 2026, within the global Smart City, there will be more than 300 million smart homes.

The projected global revenue for smart city technologies, products, and services is forecast to reach 89 billion U.S. dollars in 2023. This revenue includes all revenue that companies generate by offering technologies and products that use information and data technologies to create more value within the public city environment. This includes companies that provide the necessary infrastructure (e.g. cloud computing and connectivity technologies) for cities to be able to use these technologies. Smart home products are not included.

Table of Contents

• Report Overview
• By Application
• By Governance Analysis
• By Utility Analysis
• By Smart Transportation
• Driving Factors
• Restraining Factors
• Growth Opportunities
• Key Market Trends
• Key Market Segments
• Growth Opportunity
• Latest Trends
• Regional Analysis
• Key Players Analysis
• Recent Developments
• Report Scope

Report Overview

The Global Smart City Market size is expected to be worth around USD 4,605.7 Billion by 2033 from USD 762.7 Billion in 2023, growing at a CAGR of 19.7% during the forecast period from 2022 to 2032.

Smart cities are urban area that makes use of technology to enhance living conditions its inhabitants. Smart cities make use of sensors data analytics, sensors, as well as other tools to collect and analyze data on everything from energy and traffic usage to pollution and crime. The data collected is used to make informed choices on ways to increase the quality of services, infrastructure and overall quality of living. Read More

The projected revenue for smart city technologies, products, and services generated by companies located in Asia is forecast to reach 42.96 billion U.S. dollars in 2021. Asia is forecast to show the highest growth over the next years with smart city revenues set to almost triple from 2020 to 2025.

The revenue shonw in the statistic includes all revenue that companies generate by offering technologies and products that use information and data technologies to create more value within the public city environment. This includes companies that provide the necessary infrastructure (e.g. cloud computing and connectivity technologies) for cities to be able to use these technologies. Smart home products are not included.

The global Smart Cities market size reached USD 457.18 Billion in 2021 and is expected to reach USD 1,427.84 Billion in 2030 registering a CAGR of 13.9%. Smart Cities market growth is primarily driven owing to rising demand for 5G technology globally and rising demand for integrated security & safety systems for improved public safety

Smart infrastructure is the largest segment of the global smart city market, with revenues worldwide forecast to reach more than 70 billion U.S. dollars in 2021. This constitutes a market share of almost 55 percent for smart infrastructure within the global smart city market. Over the next few years all other segments are forecast to show stronger growth and the share of the smart infrastructure segment is projected to fall to around 43 percent.

Market Definition:

The Global Smart Cities Market was valued at USD 392.9 billion in 2019 and is predicted to reach USD 1380.21 billion by 2030 with a CAGR of 12.1% from 2020-2030.

A smart city is the one that uses information and communication technology to increase operational efficiency of the city and improve both quality of government services and citizen welfare. The implementation of smart solution in different sectors such as healthcare, transportation and public services ensure a better and smarter way of living. Also, the growing need for smart housing solutions to accommodate surging population, controlling pollution and improving the economy are pushing the governments in many countries to implement various smart city projects.

Market Dynamics and Trends:

There has been an increasing need for better management of natural resources in order to ensure environmental sustainability. This, along with rising urbanization and numerous government initiatives for the improvement of digital infrastructure are factors driving the growth of smart cities market. Also, smart city ensures reliable water and electricity supply, effective waste management and efficient city operations such as traffic management and parking management with the help of advanced passenger information system. These advantages of smart city are also contributing towards the growth of smart cities market during the forecast period.

However, lack of robust telecom and networking infrastructure in developing countries, and absence of standardized regulatory frameworks are factors hampering the growth of the smart cities market to an extent. On the other hand, advancement in the field of Artificial Intelligence (AI) is expected to provide substantial growth opportunity for the smart cities market in the coming years.

Market Segmentations and Scope of the Study:

The global smart cities market is segmented on the basis of functional area and geography. On the ba

The global smart cities market size was valued at USD 748.7 billion in 2023 and is projected to grow at a CAGR of 25.8% from 2023 to 2030

The Smart City Market Report is Segmented by Solution (Smart Mobility Management, Smart Public Safety, Smart Healthcare, Smart Building, Smart Utilities, Smart Security, Smart Education) and by Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

mart city movements are growing all over the world. The un-dertaking is expected to solve a plethora of problems arising from urbanization. Indonesia is one of the countries who march toward the development of sustainable smart cities. However, before the government can start a smart city project, they need to assess the readiness of each target city. Data in this article illustrate the readiness of six major cities in Indonesia, which are Semarang, Makassar, Jakarta, Samarinda, Medan, and Surabaya. They repre-sent the four biggest islands in Indonesia. The readiness assess-ment was based on three main elements and six Smart City Pillars taken from Smart City Master Plan Preparation Guidance Book prepared by Ministry of Communication and Information Tech-nology of the Republic of Indonesia. Those elements serve as a checklist to determine the readiness of the cities. Data for quali-tative analysis were gathered through interviews and triangulated through secondary sources, such as publication from Statistics Indonesia and the assessment reports. The dataset contains in-formation on the readiness assessment is presented in this article. The indices of the six region's readiness assessment are presented in percentages.

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Component (Hardware, Services, Software), Application (Smart Transportation, Smart Utilities, Smart Education, Smart Healthcare, Smart Public Safety, Smart Governance, Smart Lighting Solutions, Smart Buildings)

Countries Covered

U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe, Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America

Market Players Covered

IBM (US), SAP SE (Germany), Sensoneo (Finland), Big belly solar, LLC (US), Inogen Environmental Alliance, Inc. (US), Ecube Labs (South Korea), Covanta Holding Corporation (US), Pepperl+Fuchs (Germany), OnePlus Systems Inc. (US), Urbiotica (Spain)

Opportunities

• Increasing collaborations between the public and private sectors with the goal of delivering smart cities-specific services and infrastructure
• Increased investments in technological advancements and innovations
• Government organisations all over the world are taking various steps to launch smart cities projects.

Measuring progress of smart cities: Indexing the smart city indices

At a CAGR of 26%, the global Smart Cities Market Size and Share will grow from $1125 billion in 2021 to $6050 billion in 2028.

The global smart cities market size was valued at USD 771.21 billion in 2021. It is projected to reach USD 5,829.24 billion by 2030, growing at a CAGR of 25.20% during the forecast period (2022-2030). A smart city is an urban region that uses emergi Report Scope:

Report Metric	Details
Study Period	2018-2030
Historical Period	2018-2020
Forecast Period	2022-2030
Base Year	2021
Base Year Market Size	USD 771.21 Billion
Forecast Year	2030
Forecast Year Market Size	USD 5829.24 Billion
Forecast Year CAGR	25.20%
Largest Market	Asia-Pacific
Fastest Growing Market	Europe

Explore actionable market insights from the following data in our ‘Smart Cities Market’ report:Smart cities market outlook: analysis as well as historical figures and forec Read More

Here are a few use cases for this project:

1. Urban Maintenance and Cleanup: City officials and maintenance crews can use Smart City 404 to prioritize areas that need attention, by identifying locations with high levels of graffiti, garbage, and cluttered sidewalks. This will help improve the cleanliness and aesthetics of the city.

2. Infrastructure Repair and Management: The model can help public works departments identify and track the repair status of potholes, unkept facades, broken signages, faded signages, and bad streetlights. By automating the identification process, city workers can effectively manage infrastructure repair and maintenance tasks.

3. Enhancing Public Safety: By identifying hazardous conditions such as sand on the road or construction zones, Smart City 404 can aid traffic management departments and emergency services to reduce the risk of accidents and improve overall safety conditions.

4. Advertisement and Signage Regulation: Smart City 404 can be employed to monitor and enforce advertisement regulations, by detecting bad billboards and signages that do not comply with city guidelines. This can ensure a harmonious visual environment and help maintain aesthetic standards in public spaces.

5. Data-driven City Planning: Urban planners and decision-makers can use insights generated by Smart City 404 to develop data-driven strategies for city development, understanding where improvements are needed most, and evaluating the impact of past and ongoing projects in real-time. This can lead to better-targeted investments and more effective use of resources.

The research study focuses on key developments in the smart cities market and other developments that are on the cards. The report talks about various macro- and micro-economic factors responsible for having an in-depth impact on the growth of the smart cities market.

Impact of Smart City Governance on Stakeholders' Satisfaction and Crime Rate: Moderating Impact of Institutional and Technological InnovationHypothesis 1: Higher the city governance is smart, higher the likelihood that stakeholders’ satisfaction will be enhanced.Hypothesis 2: Higher the city governance is smart, higher the likelihood that crime rate in the city will be reduced.Hypothesis 3: Better the institutional innovation in smart city, higher the likelihood that stakeholders are happy and satisfiedHypothesis 4: Smart cities with better institutional innovation are likely to have lower crime rate Hypothesis 5: Institutional innovation moderates and strengthens the relationship between smart city governance and stakeholders’ satisfactionHypothesis 6: Institutional innovation moderates and weakens the relationship between smart city governance and crime ratesHypothesis 7: Better the technological innovation in smart city, higher the likelihood that stakeholders are happy and satisfiedHypothesis 8: Smart cities with better technological innovation are likely to have lower crime rate Hypothesis 9: Technological innovation moderates and strengthens the relationship between smart city governance and stakeholders’ satisfactionHypothesis 10: Technological innovation moderates and weakens the relationship between smart city governance and crime rates