Global Smart Cities Market Set for Explosive Growth, Surpassing USD 9 Trillion by 2032
The global smart cities market is experiencing unprecedented growth, with a projected increase from USD 1,208.9 billion in 2023 to USD 9,137.4 billion by 2032, reflecting a CAGR of 25.2% during the forecast period (2024-2032). The rise in smart city initiatives worldwide, coupled with adva