Smart city technologies market seen reaching $1.3 trillion by 2030

The smart city technologies market is projected to grow from $727.5 billion in 2025 to $1.32 trillion by 2030, according to The Business Research Company. North America led the market in 2025, while Asia-Pacific is expected to be the fastest-growing region as cities invest more in connected infrastructure and digital services.

Why it matters: - Smart city technologies are becoming core infrastructure for how cities manage transportation, utilities, public safety, waste and water. - The market’s projected expansion signals more spending on digital systems that can improve service quality, sustainability and operational efficiency. - Faster adoption could shape how urban governments respond to congestion, population growth and resource pressure.

What happened: - The Business Research Company said the smart city technologies market is expected to grow from $727.5 billion in 2025 to $821.8 billion in 2026. - The firm forecast the market will reach $1,318.1 billion by 2030, implying a 12.5% compound annual growth rate. - The market update was published Oct. 23, 2026, from London. - The company also made the report available for download as a free sample.

The details: - Smart city technologies include digital tools, connected devices, communication networks and data analytics. - The technologies are designed to improve the quality, sustainability and efficiency of city operations and infrastructure. - The systems support real-time monitoring and decision-making across urban services. - The report highlights transportation, energy, public safety, waste management and water supply as key use cases. - The forecast points to growth drivers including urbanization, infrastructure modernization, demand for efficient public services, better traffic management and more sustainable resource use. - The report also cites expansion in smart city projects, predictive urban service management, connected public utilities and integrated citywide service platforms. - Emerging trends include real-time urban service monitoring, integrated city management systems, digital twins for city planning, interoperable urban technologies and centralized city service management. - The report says investment in smart city and infrastructure development is a major growth catalyst. - It defines that investment trend as spending on planning, modernization and integration of urban systems using digital technologies and connected platforms. - The report points to deployment of connected infrastructure, IoT networks, intelligent transport systems, smart utilities and data-driven urban management tools. - Patent Professional Corporation said global IoT infrastructure spending for smart cities rose from $130 billion in 2023 to an estimated $200 billion by 2025, about 25% annual growth. - The company offers the full smart city technologies market report.

Between the lines: - The forecast suggests smart city technology is shifting from pilot projects to broader municipal infrastructure spending. - The emphasis on predictive management and integrated platforms points to demand for systems that connect multiple city functions, not standalone tools. - The investment figures indicate that infrastructure budgets are already moving toward digital layers that can support future urban automation.

What's next: - North America held the largest market share in 2025. - Asia-Pacific is expected to be the fastest-growing regional market over the next several years. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The Business Research Company says its 2026 reports now include market attractiveness scoring, TAM analysis, company scoring matrices, Excel forecasting dashboards, hotspot infographics, and updated graphics and tables. - The company listed Saumya Sahay as a contact for further information, with regional phone numbers and the email marketing@tbrc.info. - The Business Research Company also shared its LinkedIn page for updates.