Hey there! Welcome to the world of mind-blowing smart cities where we bring together innovation, sustainability, and inclusivity, all into one place that we call a ‘smart city’. Explore the cutting-edge realm of smart city development with us at Intelligent Cities 2024 in the vibrant setting of Detroit City! Mark your calendars for our two-day conference on June 5th - 6th, where we delve into the exciting possibilities and innovations shaping the future of urban living. Don't miss out – join us for an unforgettable journey into the world of smart cities!

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Let’s dive into the ultimate smart city stats: 

Smart city market is about to skyrocket: USD 4,605.7 Billion by 2033!

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According to a research done by Market.US, at the current rate of city expansion, it can be predicted that the smart city market will increase up to USD 4.6 Billion by 2033 as opposed to its USD 762.7 Billion in 2023. The market is said to grow at a Compound Annual Growth Rate (CAGR) of 19.7% over the coming years. So if you thought of investing in smart city ideas for the future, then the time might just be right! 

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Economic benefits worth $20 Trillion: Energy efficiency at 30%

The premier, accurate and unbiased statistics source in the research field Market.US Scoop, reported in 2023 that the smart cities are at the point of bearing economic benefits to governments and countries across the world. From smart grid systems to innovative building designs, the smart city trend is said to accumulate a global economic benefit of USD 20 Trillion by 2026. A major contribution for this is the capability of energy efficient ways of smart-tech that will be enhanced by 30%. Now take a moment to imagine the possibilities when cities optimize their city plans and strategies in energy efficient ways. It’s not going to be  just about cutting down on your typical utility bills, but paving the path for the ripple effect of a  more sustainable and richer economic benefit.

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‍Surge in urban population to 68% by 2050.

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Currently more than half of the global population resides in cities or urban areas, and according to the United Nations, this urban city population is expected to rise up to 68% by 2050. With a major portion of the global population embracing city life, it opens up a range of opportunities for developing resilient cities shaped to meet the needs of its residents. City planners and council members face a multitude of challenges as the city’s urban populations grow,  and these can range from crafting effective transportation systems to implementing innovative housing solutions. Yet, amidst these challenges lies an opportunity for entrepreneurs and business leaders to make a lasting impact on the urban landscape.

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93% of global cities are gearing up for the smart city vision!

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The race towards making your city smart has already started! According to the Gitnux market data report for 2024, around 93% of the total global cities are currently on track to using data-driven, tech-enhanced smart innovations to make the everyday lives of citizens better by day. Now imagine a city of innovation, improved mobility, and vast efficient infrastructure. Sounds pretty cool right? But the journey has only just begun for some cities. Us in the modern world might not have flying cars in our cities yet, but we sure have a drive to harness the power of AI, tech and data analytics to open a world of possibilities to our cities! So, better to start now before it’s too late. Your city's change starts with you!

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Explore the cutting-edge realm of smart city development with us at Intelligent Cities 2024 in the vibrant setting of Detroit City! Mark your calendars for our two-day conference on June 5th - 6th, where we will delve into the exciting possibilities and innovations shaping the future of urban living. 

Don't miss out – join us for an unforgettable journey into the world of smart cities!

Click here to register for Intelligent Cities 2024!

Register: https://www.intelligentcitiesusa.com/register 

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