Chat with us
Research Assistance
Online
  • Please enter your first name.

North America Smart Cities Market Size & Outlook, 2026-2033

The smart cities market in North America is expected to reach a projected revenue of US$ 1,773.9 billion by 2033. A compound annual growth rate of 30.9% is expected of North America smart cities market from 2026 to 2033.
Revenue, 2025 (US$B)
$223.0
Estimate, 2026 (US$B)
$269.0
Forecast, 2033 (US$B)
$1,773.9
CAGR, 2026 - 2033
30.9%

North America smart cities market highlights

  • The North America smart cities market generated a revenue of USD 223.0 billion in 2025.
  • The market is expected to grow at a CAGR of 30.9% from 2026 to 2033.
  • In terms of segment, smart governance was the largest revenue generating application in 2025.
  • Smart Transportation is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Canada is expected to register the highest CAGR from 2026 to 2033.

North America data book summary

Market revenue in 2025USD 223.0 billion
Market revenue in 2033USD 1,773.9 billion
Growth rate30.9% (CAGR from 2026 to 2033)
Largest segmentSmart governance
Fastest growing segmentSmart Transportation
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD billion
Market segmentationSmart Governance, Smart Building, Environmental Solution, Smart Utilities, Smart Transportation, Smart Healthcare, Smart Public Safety, Smart Security, Smart Education
Key market players worldwideABB Ltd, Schneider Electric SE, Cisco Systems Inc, Telefonaktiebolaget L M Ericsson ADR, Honeywell International Inc, International Business Machines Corp, Itron Inc, Kapsch Group, Huawei Technologies, Microsoft Corp, Oracle Corp, Ams-OSRAM AG, SAP SE, Siemens AG, Telensa, Verizon Communications Inc, Vodafone Group PLC

Other key industry trends

  • In terms of revenue, North America region accounted for 21.5% of the global smart cities market in 2025.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 4,863.6 billion by 2033.

North America is expected to witness significant growth over the forecast period, owing to various projects undertaken by the federal government. For instance, The Smart Cities and Service Integration projects aim at developing a theoretical framework to guide smart cities service integration.

Further, the presence of various international councils is boosting market growth. For instance, The Smart Cities Council promotes the concept of smart cities in North America by organizing campaigns and networking events.

No credit card required*

Publish Date: Jun 10, 2026

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Three ways to get this data

Subscribe to the databook, customize it, or ask a question.

Horizon Databook

Unlock every chart on this page and get dashboard access

  • Statistics1.2M+ across all markets
  • Databooks30K+ global, 120K+ country
  • Companies200K+ profiles
  • ExportPDF, Dashboard, XLS & PNG, licensed to cite

Ask Prism AI

A cited answer in seconds

  • Corpus30,000 studies, 1.2M points
  • ScopeAll markets, not just this
  • CitationTraced to report & table
  • HonestySays "not covered" if so
  • SpeedSeconds, not days
ISO 9001 & 27001 certifiedESOMAR memberNot sure which fits? Call +1-415-854-0727

Smart Cities Market Companies

NameProfile# EmployeesHQWebsite
Oracle CorpView profile 164,0002300 Oracle Way, Austin, TX, United States, 78741www.oracle.com
Schneider Electric SEView profile 162,33935, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506www.se.com
International Business Machines CorpView profile 282,200One New Orchard Road, Armonk, NY, United States, 10504www.ibm.com
Microsoft CorpView profile 221,000One Microsoft Way, Redmond, WA, United States, 98052-6399www.microsoft.com
ABB LtdView profile 108,700Affolternstrasse 44, Zurich, Switzerland, 8050www.abb.com
Siemens AGView profile 321,000Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333www.siemens.com
Honeywell International IncView profile 95,000855 South Mint Street, Charlotte, NC, United States, 28202www.honeywell.com
SAP SEView profile 107,602Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190www.sap.com
Cisco Systems IncView profile 84,900170 West Tasman Drive, San Jose, CA, United States, 95134-1706www.cisco.com
Ams-OSRAM AGView profile 22,461Tobelbader Strasse 30, Premstaetten, Austria, 8141www.ams-osram.com

North America Smart Cities Market Outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Smart Cities Market Outlook will help companies and investors design strategic landscapes.


Smart Governance was the largest segment with a revenue share of 33.72% in 2025.

Horizon Databook has segmented the North America smart cities market based on smart governance, smart building, environmental solution, smart utilities, smart transportation, smart healthcare, smart public safety, smart security, smart education covering the revenue growth of each sub-segment from 2021 to 2033.




North America is expected to witness significant growth over the forecast period, owing to various projects undertaken by the federal government. For instance, The Smart Cities and Service Integration projects aim at developing a theoretical framework to guide smart cities service integration.

Further, the presence of various international councils is boosting market growth. For instance, The Smart Cities Council promotes the concept of smart cities in North America by organizing campaigns and networking events.

  • North America Smart Cities Market Application Outlook (Revenue, USD Billion , 2021-2033)
    • Smart Governance
    • Smart Building
    • Environmental Solution
    • Smart Utilities
    • Smart Transportation
    • Smart Healthcare
    • Smart Public Safety
    • Smart Security
    • Smart Education

Reasons to subscribe to Smart Cities Market Outlook databook

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Smart Cities Market Outlook databook

  • Our clientele includes a mix of Smart Cities Market Outlook companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the North America Smart Cities Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Smart Cities Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.

North America Smart Cities Market, 2021-2033 (US$B)

No Access Stack Chart

North America smart cities market statistics, by application, 2021-2033 (USD Billion)

No Access Pie Chart

North America smart cities market statistics, by country, 2021-2033 (USD Billion)

No Access

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more