Sustainable urban development is a strategy for cities to grow in a way that is economically viable, socially equitable, and environmentally sound, meeting current needs without compromising the ability of future generations to meet their own needs. Sustainable urban development is the way forward for cities to mitigate climate change. The sustainable urban development industry integrates economic, social, and environmental considerations to create cities that meet present needs without compromising future generations’ well-being. The market for sustainable urban development is a high-growth sector, driven by a convergence of technological innovation, environmental concerns, and rapid global urbanization. While specific market size figures vary between analyses, research indicates that the broader smart city and green building sectors, key components of sustainable urban development, will reach trillions of dollars within the next decade.