APRIL 7, 2025
(online event)
According to FiberRoad Market Research, between 2023 and 2028, the Smart Cities market in Spain is projected tomaintain an impressive compound annual growth rate (CAGR) of around 11.77%. This steady and sustained growth indicates that Spain is not just embracing smart technologies but is also actively working towards their integration into the fabric of its urban environments.
Looking further ahead, it is anticipated that by 2028, the Spanish Smart
Cities market will have expanded significantly, reaching an estimated
market volume of approximately US$1.64 billion. This projection reflects a commitment to the long-term development of smart city infrastructure and solutions.
Five of the promising projects include: (a) Manchester’s Triangulum
project, (b) Hull’s Smart City OS, (c) Smarter London Together, (d)
Bristol Is Open and (e) Future City Glasgow.
Smart London is the technological capital of EUROPE. The London city administration has decided to transform City of London into a carbon-neutral city by 2050.
According
to Statista, revenue in the UK Smart Cities market is projected to
reach US$1.52bn in 2024. It is anticipated that the revenue will display an annual growth rate
(CAGR 2024-2029) of 11.59%, leading to a market volume of US$2.63bn by
2029.
UK and Spain in alliance on smart cities
Hosted by IET SMART CITIES JOURNAL
IET is the Institution of Engineering & Technology, UK
The event is to be held ONLINE and is FREE for all to attend.