What is IoT in Smart City?

The IoT in Smart Cities Market reflects the transformation of urban environments through intelligent, interconnected systems that enhance public services, optimize resource consumption, and elevate citizen quality of life. Far beyond generic connectivity, this market leverages edge computing, real-time analytics, and interoperable infrastructures to build sustainable, adaptive, and responsive city ecosystems.

IoT adoption in urban planning brings new models of mobility, governance, and infrastructure. From easy-to-deploy sensor networks for traffic to safe public surveillance systems and big-data platforms for environmental monitoring, the market creates scalable solutions aligned with city-specific challenges and ESG mandates.

Market Size:

IoT in Smart Cities Market was valued at USD 250.15 billion in 2024 and is projected to reach a market size of USD 747.05 billion by 2030 at a CAGR of 20%.
Key Companies:

•    Arm
•    Schneider Electric
•    Sierra Wireless
•    Quantela
•    Youon
•    SAP
•    Deutsche Telekom
•    Confidex
•    AGT International
•    Takadu
•    Optibus
•    Enevo
•    FlamencoTech
•    Signify
•    Tech Mahindra
•    Appyway
•    Cisco
•    IBM
•    Huawei
•    Intel
•    Microsoft
•    Bosch
•    PTC
•    Siemens
•    Verizon
•    Honeywell
•    Hitachi

Case Study:

Quantela’s deployment of AI-powered smart city command centers in India enabled predictive municipal services, reducing traffic congestion by 25% and cutting utility wastage by 30%, positioning itself as a model for scalable, data-driven urban governance.

Popularity & Key Statistics:

•    Over 300 global cities have launched smart infrastructure projects.
•    Smart mobility solutions have reduced urban commute times by up to 20%.
•    Nearly 70% of municipalities prioritize IoT-enabled waste, lighting, and energy systems.

Market Segmentation:

By Type

•    Solution
o    Remote Monitoring
o    Real-Time Location System
o    Network Management
o    Reporting & Analytics
o    Security
o    Data Management

•    Service
o    Professional Services
    Consulting
    System Integration
    Deployment & Customization
o    Managed Services

•    Platform
o    Device Management
o    Connectivity Management
o    Application Enablement

By End User

•    Smart Transportation
o    Intelligent Traffic Management
o    Smart Parking
o    Public Transportation Systems

•    Smart Energy
o    Smart Grids
o    Energy Management Systems
o    Smart Meters

•    Smart Building
o    Building Automation
o    Access Control Systems
o    Smart HVAC

•    Smart Citizen Services
o    Smart Education
o    Smart Healthcare
o    Public Safety Systems

•    Smart Governance
o    E-Governance Services
o    Urban Planning Analytics
o    Digital Infrastructure Monitoring

•    Smart Infrastructure
o    Water & Waste Management
o    Environmental Monitoring
o    Street Lighting Systems

What’s in It for You?

•    Discover high-growth subsectors like smart grids, intelligent mobility, and digital twins.
•    Gain insights on public-private partnership models and procurement frameworks.
•    Identify IoT solution integrators for collaboration and market entry.
•    Assess regulatory, data security, and interoperability trends shaping deployment.