Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Explore Our Diverse Range Of Offerings
From detailed reports to experts services offered in 15+
Industry Domains
Trending Now
Add 2 More Reports For 20% off
What's Impacting the Industry?
Impact of the Build America, Buy America Act?
- Overview of the Act and its key provisions
- Implications for Manufacturing and Sourcing
- Opportunities and Challenges for Market Participants
Impact of the New Political Administration
- Overview of the Administration's Energy and Infrastructure Policies
- Potential Changes in Regulations and Incentives
- Implications for Market Growth and Investment
- Impact on International Trade and Collaboration
Latest Updates
- Impact on International Trade and Collaboration
- EU's Digital Markets Act (DMA) and Digital Services Act (DSA)
- US Inflation Reduction Act (IRA) Provisions
Report Overview
The global IoT in smart cities market size reached a value of approximately USD 182.47 Billion in 2024. The market is expected to grow at a CAGR of 18.40% between 2025 and 2034, reaching a value of USD 987.89 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Compound Annual Growth Rate
Value in USD Billion
18.4%
2025-2034
IoT in Smart Cities Market Outlook
*this image is indicative*
| Global IoT in Smart Cities Market Report Summary | Description | Value |
| Base Year | USD Billion | 2024 |
| Historical Period | USD Billion | 2018-2024 |
| Forecast Period | USD Billion | 2025-2034 |
| Market Size 2024 | USD Billion | 182.47 |
| Market Size 2034 | USD Billion | 987.89 |
| CAGR 2018-2024 | Percentage | XX% |
| CAGR 2025-2034 | Percentage | 18.40% |
| CAGR 2025-2034 - Market by Region | Latin America | 19.1% |
| CAGR 2025-2034 - Market by Country | UK | 19.3% |
| CAGR 2025-2034 - Market by Country | China | 18.9% |
| CAGR 2025-2034 - Market by Component | Services | 19.6% |
| CAGR 2025-2034 - Market by Deployment Model | Cloud | 20.2% |
| Market Share by Country 2024 | UK | 4.9% |
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Key Trends in the Market
The Internet of Things (IoT) is a term that describes a network of objects that are connected into a through various sensors and software for centralised management and operations. IoT in smart cities refers to the use of IoT technology and devices in smart city applications, such as infrastructure, healthcare, energy, transportation, governance, and environmental monitoring.
- The rising number of projects for smart cities around the world is one of the key factors influencing the growth of the global IoT in smart cities market. Incorporating IoT into smart city projects can enhance capabilities significantly while easing management.
- During the forecast period, the growing inclination to use machine learning, artificial intelligence, and big data to improve people's lifestyles is anticipated to boost the growth of the global IoT in smart cities market.
- Increasing urban populations are expected to be a key trend in the market for IoT in smart cities. As more people move to urban areas, there is greater importance on upgrading city facilities which can be done through the incorporation of IoT.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Market Segmentation
The EMR’s report titled “IoT in Smart Cities Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Component
- Solution
- Services
Market Breakup by Deployment Model
- On-Premises
- Cloud
Market Breakup by Application
- Smart Healthcare
- Smart Infrastructure
- Smart Energy
- Smart Transportation Public Safety
- Smart Building
- Environmental Monitoring
- Smart Governance
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
| CAGR 2025-2034 - Market by | Country |
| UK | 19.3% |
| China | 18.9% |
| Mexico | 18.7% |
| USA | 18.6% |
| Germany | 17.4% |
| Canada | XX% |
| France | XX% |
| Italy | XX% |
| Japan | XX% |
| India | XX% |
| Australia | XX% |
| Saudi Arabia | 17.2% |
| Brazil | XX% |
Market Share by Component
The solution segment accounts for a significant share of the IoT in smart cities market by component due to the wide range of affordable and user-friendly solutions available. Depending upon the priority needs and preferences of buyers, specific solutions can be incorporated, ranging from location analytics and remote monitoring to data management and security management. Reporting and analytics solutions is commonly used as it provides data-based analysis that can be used to make date-based decisions. Meanwhile, the services segment, by component, is expected to witness steady growth in the coming years, fuelled by the preference of end users to fully outsource IoT applications.
Market Share by Region
North America accounted for a sizable share of the global IoT in smart cities market and is expected to continue to do so in the forecast period. Due to the presence of stable and established economies and high levels of technology penetration, the region is more likely to adopt IoT-based products and services. Several new smart cities are under planning and development in countries such as the United States and Canada, while selected cities have been identified for upgrades to a smart format by incorporating new technologies. The rising demand for IoT in new and existing cities is expected to bolster the market in North America in the coming years.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global IoT in smart cities market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Cisco Systems Inc.
Cisco Systems Inc. is a multinational corporation that specialises in networking hardware, software, telecommunications gear, and other high-tech services and products. Founded in 1984 with headquarters in California, United States, this company creates, produces, and sells networking equipment and services based on Internet Protocol.
Huawei Technologies Co., Ltd.
Huawei Technologies Co., Ltd., headquartered in Shenzhen, China, and established in 1987, offers telecommunications and networking products. The company develops servers, security, storage, and other networking solutions in addition to internet access and transmission networks. Additional services of Huawei Technologies include business consultancy, network integration, managed services, and international delivery.
Nokia Corporation
Nokia Corporation, founded in 1865, is a communications and information technology company based in Espoo, Finland. The company specialises in network infrastructure and cutting-edge technologies, offering services for 5G, IoT, IP routing, fixed networks, subscriber data management, mobile phones, Wi-Fi systems, and network construction and modernization.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include Microsoft Corporation, ScienceSoft USA Corporation, Avnet, Inc., Thales Group, and Intel Corporation, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
In 2024, the global market for IoT in smart cities attained a value of approximately USD 182.47 Billion.
The market is projected to grow at a CAGR of 18.40% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034, reaching USD 987.89 Billion by 2034.
The major drivers of the market include the growing development of smart city projects, advances in IoT technologies, and increasing importance of energy efficient living.
Increasing partnerships between countries and private companies, emergence of 5G technology, and rising adoption of smart home technologies are the key trends propelling the growth of the market.
The major regions in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The various applications of IoT in smart cities are smart healthcare, smart infrastructure, smart energy, smart transportation public safety, smart building, environmental monitoring, and smart governance, among others.
The major players in the IoT in smart cities market,according to the report , are Cisco Systems Inc., Huawei Technologies Co., Ltd., Nokia Corporation, Microsoft Corporation, ScienceSoft USA Corporation, Avnet, Inc., Thales Group, and Intel Corporation, among others.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Component |
|
| Breakup by Deployment Model |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
- Report Delivery
- Purchase Advantages
- Access Duration
- Analyst Support
- Discount on Future Updates
- Customisation Options
- Customisation Requests
- Excel Data Sheet
- Online Access
- PDF Format
- PPT/Word Format
- 1 Print Allowed
- Bulk Purchase Discounts
- Full Report Access
- Multi-Device Access
- Unlimited Access
- One-Time Purchase
- 3-Month Trade Data Access
- Consultation Hours
- Email Support
- Phone Support
- Up to 15 Analyst Hours
- Up to 30 Analyst Hours
- 5% Discount
- 10% Discount
- 15% Discount
- 20% Discount
- Basic (Up to 10%)
- Advanced (Up to 50%)
- Dedicated Analyst Access
- Data Visualization Access
- Custom Data Queries
- Custom Report Layouts
- Tailored Custom Summaries
- Dashboard
- Purchase Advantages
- Report Delivery
- Access Duration
- Analyst Support
- Discount on Future Updates
- Customisation Options
- Customisation Requests
- 1 Print Allowed
- Full Report Access
- Bulk Purchase Discounts
- Multi-Device Access
- PDF Format
- Online Access
- Excel Data Sheet
- PPT/Word Format
- Unlimited Access
- One-Time Purchase
- 3-Month Trade Data Access
- Consultation Hours
- Email Support
- Phone Support
- Up to 15 Analyst Hours
- Up to 30 Analyst Hours
- 5% Discount
- 10% Discount
- 15% Discount
- 20% Discount
- Basic (Up to 10%)
- Advanced (Up to 50%)
- Dedicated Analyst Access
- Data Visualization Access
- Custom Data Queries
- Custom Report Layouts
- Tailored Custom Summaries
- Dashboard
- Purchase Advantages
- Analyst Support
- Report Delivery
- Access Duration
- Customisation Options
- Discount on Future Updates
- Customisation Requests
- 5 Prints Allowed
- Full Report Access
- Bulk Purchase Discounts
- Limited Device Access
- Email Support
- Phone Support
- Up to 15 Analyst Hours
- Up to 30 Analyst Hours
- PDF Format
- Online Access
- Excel Data Sheet
- PPT/Word Format
- Unlimited Access
- One-Time Purchase
- 3-Month Trade Data Access
- Consultation Hours
- Basic (Up to 10%)
- Advanced (Up to 50%)
- Dedicated Analyst Access
- Data Visualization Access
- 5% Discount
- 10% Discount
- 15% Discount
- 20% Discount
- Custom Data Queries
- Custom Report Layouts
- Tailored Custom Summaries
- Dashboard
- Report Delivery
- Purchase Advantages
- Customisation Options
- Customisation Requests
- Analyst Support
- Access Duration
- Discount on Future Updates
- PDF Format
- Excel Data Sheet
- PPT/Word Format
- Online Access
- Unlimited Prints Available
- Full Report Access
- Bulk Purchase Discounts
- Multi-Device Access
- Basic (Up to 10%)
- Advanced (Up to 50%)
- Dedicated Analyst Access
- Data Visualization Access
- Custom Data Queries
- Custom Report Layouts
- Tailored Custom Summaries
- Dashboard
- Email Support
- Phone Support
- Up to 15 Analyst Hours
- Up to 30 Analyst Hours
- Unlimited Access
- One-Time Purchase
- 3-Month Trade Data Access
- Consultation Hours
- 5% Discount
- 10% Discount
- 15% Discount
- 20% Discount
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
- Selected Segments
- Printing Restrictions
- Excel Spreadsheet Delivered via Email
- Full Report
- Periodic Updates
- Post Sales Analysts Support
- Unlimited Prints
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
- All Segments
- Printing Restrictions
- PDF Delivered via Email
- Custom Report Layout
- Post Sales Analysts Support
- Periodic Updates
- Unlimited Prints
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
- All Segments
- Five Prints Available
- PDF Delivered via Email
- Limited Free Customization
- Post Sales Analyst Support
- Custom Report Layout
- Periodic Updates
- Unlimited Prints
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
- All Segments
- Unlimited Prints Available
- PDF & Excel Delivery via Email
- Limited Free Customization
- Post Sales Analysts Support
- Discount On Next Update
- Custom Report Layout
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Bundle Type
Flash Bundle
20% OFF
Number of Reports: 3
Small Business Bundle
25% OFF
Number of Reports: 5
Growth Bundle
30% OFF
Number of Reports: 8
Enterprise Bundle
35% OFF
Number of Reports: 10
Overview
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complementary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complementary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 80 Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complementary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 100 Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complementary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
- 3 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- Complimentary Excel Data Set
- PPT Version of the Report
- Power BI Dashboards
- License Upgrade
- Free Analyst Hours
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
- 5 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- Complimentary Excel Data Set
- PPT Version of the Report
- Power BI Dashboards
- License Upgrade
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
- 8 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- License Upgrade
- Free Analyst Hours - 80 Hours
- Power BI Dashboards
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
- 10 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- License Upgrade
- Power BI Dashboards
- Free Analyst Hours - 100 Hours
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Strategic Solutions for Informed Decision-Making
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
- Our Insights Store:
-
Industry Statistics
-
Procurement Insights
-
Consumer Insights
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share