The global Smart Cities Market is on an accelerated growth trajectory, expected to surpass USD 5.5 trillion by 2032, growing at a healthy CAGR of 20.4% during the forecast period (2024–2032). This surge is largely driven by increased urbanization, rising demand for intelligent infrastructure, and supportive government initiatives aimed at enhancing urban sustainability and livability. Smart cities are reshaping how urban centers operate, leveraging technologies like IoT, AI, 5G, and big data to improve public services, resource management, and citizen engagement. As populations swell in urban areas, the demand for smarter, greener, and more connected cities becomes critical.