US Smart Cities Market 2032: Size, Share, Growth Trends & Forecast – The Report Cube

The Report Cube which is one of the leading market research company in UAE expects the US Smart Cities Market to grow at a CAGR of around 3.81% through 2032, as highlighted in their latest research report. The study provides an in-depth analysis of the emerging trends shaping the US Smart Cities Market and offers detailed forecasts for its potential growth during 2025–2032. The report also presents a comprehensive assessment of the competitive landscape, including profiles of leading players, their performance metrics, and recent strategic developments. Additionally, it explores the key market drivers, challenges, opportunities, and provides insights into historical and future revenue trends at the global, regional, and country levels.

US Smart Cities Market Overview:

Market Size (2025): USD 162.1 Billion
Market Size (2032): USD 482.21 Billion
CAGR (2026–2032): 3.81%
Top Companies in US Smart Cities Market: International Business Machines Corporation (IBM), Itron Inc., KAPSCH Group, Ericsson, General Electric, Honeywell International Inc., Siemens AG, Cisco Systems Inc., Schneider Electric SE, and Others.

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US Smart Cities Market Upgrades & Recent Developments

• AVEVA Group plc introduced an amalgamated operations center designed for smart cities to manage citywide data on a single interface.
• Ericsson declared partnerships with municipalities to deploy 5G-based smart traffic management systems.

Key Growth Drivers of the US Smart Cities Market:

• Driver: Increasing Government-Led Smart Infrastructure Initiatives Elevate the Market Growth

Federal and state policies supporting sustainability and urban modernization are key drivers of the US Smart Cities Market. Funding programs and public-private partnerships are also allowing cities to modernize infrastructure and enhance citizen services by utilizing smart technologies.

US Smart Cities Market Segmentation

The UAE smart city market is segmented based on smart transportation, smart utilities, and application areas. Within smart transportation, the market includes solutions such as smart ticketing, traffic management, connected vehicles, and passenger information systems, which enhance urban mobility and reduce congestion. Smart utilities encompass advanced metering infrastructure, distribution management systems, and substation automation, supporting efficient energy and water management. Moreover, by application, the market spans across smart governance, smart healthcare, smart buildings, and environmental solutions, reflecting the country's focus on digital transformation and sustainable urban development.

Market Share, By Smart Transportation

• Smart Ticketing
• Traffic Management System
• Passenger Information Management System
• Freight Information System
• Connected Vehicles
• Others

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Market Share, By Smart Utilities

• Advanced Metering Infrastructure
• Distribution Management System
• Substation Automation
• Others

Market Share, By Application

• Smart Utilities
• Smart Governance
• Smart Transportation
• Smart Healthcare
• Smart Building
• Environmental Solutio

Note:
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About The Report Cube

The Report Cube is a leading provider of market research and business intelligence solutions in UAE, dedicated to helping organizations make smarter, data-driven decisions. With a comprehensive library of over 900,000 industry reports covering 800+ sectors worldwide, the company delivers precise insights, actionable forecasts, and strategic recommendations tailored to client objectives.

Backed by a team of 1,700+ experienced analysts and researchers, The Report Cube empowers businesses with the knowledge they need to navigate evolving markets, identify opportunities, and sustain growth in an ever-changing global landscape.

The company specializes in syndicated research, customized studies, competitive analysis, company profiling, and industry forecasting, serving clients across industries including energy, technology, healthcare, manufacturing, and more.

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