Product Code: GVR-4-68040-175-6
Smart Infrastructure Market Growth & Trends:
The global smart infrastructure market size is expected to reach USD 1,355.44 billion by 2030 and is projected to expand at a CAGR of 20.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The considerable growth of the market for smart infrastructure can be attributed to the significant industrialization & digitization, shifting organization focus on adoption of smart infrastructure solutions for efficiently managing businesses with larger networks, and rising demand for energy management systems to establish sustainable ecosystems by end-user companies. Additionally, rising awareness of integrating emerging technologies, including cloud computing, automation, and cybersecurity, for better resource utilization is creating robust opportunities for smart infrastructure industry growth.
Notable technological advancements and rising internet penetration worldwide are driving the growth of the smart infrastructure industry. Additionally, smart infrastructure solutions' ability to assist organizations in making data-driven decisions, minimize adverse environmental impact, and cost savings in maintenance & operations through predictive maintenance is further driving market growth. Smart infrastructure solutions derive analytics from data that assists end-users in resource allocation, policy-making, and strategic planning, supporting the industry trend. Such a benefit of smart infrastructure solutions is accelerating their adoption in various sectors such as BFSI, healthcare, and transport & logistics, among others.
Rising public & private investments in intelligent transportation systems worldwide is creating a favorable environment in the market for smart infrastructure. A growing preference for digitization of various attributes of the transportation infrastructure ecosystem has emerged as one of the key trends encouraging the implementation of smart infrastructure solutions. These solutions manage real-time traffic data, navigation systems, video surveillance devices, and sensors, among others, supporting market growth.
Smart Infrastructure Market Report Highlights:
- Services offerings are anticipated to register the highest CAGR from 2024 to 2030 in the market for smart infrastructure. Shifting end-user focus toward services for efficient implementation, management, and maintenance of smart infrastructure solutions is expected to drive growth
- In terms of type, smart waste management solutions is expected to expand at a significant CAGR in the forecast period. Increasing awareness about pollution and end-user companies' high emphasis on recycling & reuse of products to contribute towards establishing a sustainable ecosystem is propelling segment growth
- The residential end-user segment is anticipated to register a notable CAGR from 2024 to 2030. Growing need for energy savings and high emphasis of end-users on home automation for enhanced accessibility & security is fueling segment growth
- The Asia Pacific region is expected to grow at the highest CAGR during the forecast period. Supportive government initiatives for digitalization, rising smart city projects, and significant penetration by global market players are some prominent factors driving regional smart infrastructure growth
- In February 2023, Schneider Electric selected a software vendor for Internet-of-Things (IoT) and embedded solutions, MicroEJ, to integrate its MICROEJ VEE software container for Schneider Electric's Industrial IoT (IIoT). This solution, coupled with Schneider Electric's EcoStruxure solutions, will assist the company in the digitalization of smart connected devices
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Smart Infrastructure Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Billion)
- 3.3. Industry Value Chain Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Drivers Analysis
- 3.4.2. Market Restraints Analysis
- 3.4.3. Market Opportunity Analysis
- 3.5. Smart Infrastructure Market Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.1.1. Bargaining power of the suppliers
- 3.5.1.2. Bargaining power of the buyers
- 3.5.1.3. Threats of substitution
- 3.5.1.4. Threats from new entrants
- 3.5.1.5. Competitive rivalry
- 3.5.2. PESTEL Analysis
- 3.5.2.1. Political landscape
- 3.5.2.2. Economic and Social landscape
- 3.5.2.3. Technological landscape
- 3.5.2.4. Environmental landscape
- 3.5.2.5. Legal landscape
Chapter 4. Smart Infrastructure Market: Offering Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Smart Infrastructure Market: Offering Movement Analysis, 2023 & 2030 (USD Billion)
- 4.3. Products
- 4.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Services
- 4.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Smart Infrastructure Market: Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Smart Infrastructure Market: Type Movement Analysis, 2023 & 2030 (USD Billion)
- 5.3. Smart Transportation System
- 5.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Smart Energy Management System
- 5.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Smart Safety & Security Systems
- 5.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6. Smart Waste Management Solutions
- 5.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.7. Others
- 5.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Smart Infrastructure Market: End-user Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Smart Infrastructure Market: End-user Movement Analysis, 2023 & 2030 (USD Billion)
- 6.3. Residential
- 6.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. Non-residential
- 6.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Smart Infrastructure Market: Regional Estimates & Trend Analysis
- 7.1. Smart Infrastructure Market Share by Region, 2023 & 2030 (USD Billion)
- 7.2. North America
- 7.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.2.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.2.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.2.5. U.S.
- 7.2.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.5.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.2.5.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.2.5.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.2.6. Canada
- 7.2.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.6.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.2.6.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.2.6.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.3. Europe
- 7.3.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.3.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.3.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.3.5. U.K.
- 7.3.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.5.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.3.5.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.3.5.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.3.6. Germany
- 7.3.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.6.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.3.6.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.3.6.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.3.7. France
- 7.3.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.7.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.3.7.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.3.7.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.4.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.4.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.4.5. China
- 7.4.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.5.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.4.5.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.4.5.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.4.6. India
- 7.4.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.6.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.4.6.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.4.6.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.4.7. Japan
- 7.4.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.7.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.4.7.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.4.7.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.4.8. Australia
- 7.4.8.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.8.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.4.8.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.4.8.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.4.9. South Korea
- 7.4.9.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.9.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.4.9.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.4.9.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.5. Latin America
- 7.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.5.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.5.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.5.5. Brazil
- 7.5.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.5.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.5.5.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.5.5.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.5.6. Mexico
- 7.5.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.6.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.5.6.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.5.6.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.6. Middle East & Africa
- 7.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.6.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.6.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.6.5. UAE
- 7.6.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.5.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.6.5.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.6.5.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.6.6. Saudi Arabia
- 7.6.6.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.6.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.6.6.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.6.6.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
- 7.6.7. South Africa
- 7.6.7.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.7.2. Market Size Estimates and Forecasts by Offering, 2018 - 2030 (USD Billion)
- 7.6.7.3. Market Size Estimates and Forecasts by Type, 2018 - 2030 (USD Billion)
- 7.6.7.4. Market Size Estimates and Forecasts by End-user, 2018 - 2030 (USD Billion)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Positioning
- 8.4. Company Market Share Analysis
- 8.5. Company Heat Map Analysis
- 8.6. Strategy Mapping
- 8.6.1. Expansions
- 8.6.2. Mergers & Acquisition
- 8.6.3. Partnerships & Collaborations
- 8.6.4. New Product Launches
- 8.6.5. Research And Development
- 8.7. Company Profiles
- 8.7.1. ABB
- 8.7.1.1. Participant's Overview
- 8.7.1.2. Financial Performance
- 8.7.1.3. Product Benchmarking
- 8.7.1.4. Recent Developments
- 8.7.2. Aclara Technologies LLC (Hubbell Incorporated)
- 8.7.2.1. Participant's Overview
- 8.7.2.2. Financial Performance
- 8.7.2.3. Product Benchmarking
- 8.7.2.4. Recent Developments
- 8.7.3. Broadcom, Inc. (VMware)
- 8.7.3.1. Participant's Overview
- 8.7.3.2. Financial Performance
- 8.7.3.3. Product Benchmarking
- 8.7.3.4. Recent Developments
- 8.7.4. Cisco Systems, Inc.
- 8.7.4.1. Participant's Overview
- 8.7.4.2. Financial Performance
- 8.7.4.3. Product Benchmarking
- 8.7.4.4. Recent Developments
- 8.7.5. Dynamic Ratings
- 8.7.5.1. Participant's Overview
- 8.7.5.2. Financial Performance
- 8.7.5.3. Product Benchmarking
- 8.7.5.4. Recent Developments
- 8.7.6. Honeywell International Inc.
- 8.7.6.1. Participant's Overview
- 8.7.6.2. Financial Performance
- 8.7.6.3. Product Benchmarking
- 8.7.6.4. Recent Developments
- 8.7.7. Hewlett Packard Enterprise Development LP
- 8.7.7.1. Participant's Overview
- 8.7.7.2. Financial Performance
- 8.7.7.3. Product Benchmarking
- 8.7.7.4. Recent Developments
- 8.7.8. Huawei Technologies Co., Ltd.
- 8.7.8.1. Participant's Overview
- 8.7.8.2. Financial Performance
- 8.7.8.3. Product Benchmarking
- 8.7.8.4. Recent Developments
- 8.7.9. International Business Machines Corporation
- 8.7.9.1. Participant's Overview
- 8.7.9.2. Financial Performance
- 8.7.9.3. Product Benchmarking
- 8.7.9.4. Recent Developments
- 8.7.10. L&T Technology Services Limited
- 8.7.10.1. Participant's Overview
- 8.7.10.2. Financial Performance
- 8.7.10.3. Product Benchmarking
- 8.7.10.4. Recent Developments
- 8.7.11. Panamax Infotech
- 8.7.11.1. Participant's Overview
- 8.7.11.2. Financial Performance
- 8.7.11.3. Product Benchmarking
- 8.7.11.4. Recent Developments
- 8.7.12. Schneider Electric
- 8.7.12.1. Participant's Overview
- 8.7.12.2. Financial Performance
- 8.7.12.3. Product Benchmarking
- 8.7.12.4. Recent Developments
- 8.7.13. Siemens
- 8.7.13.1. Participant's Overview
- 8.7.13.2. Financial Performance
- 8.7.13.3. Product Benchmarking
- 8.7.13.4. Recent Developments
- 8.7.14. Wipro
- 8.7.14.1. Participant's Overview
- 8.7.14.2. Financial Performance
- 8.7.14.3. Product Benchmarking
- 8.7.14.4. Recent Developments
- 8.7.15. Xylem (Sensus)
- 8.7.15.1. Participant's Overview
- 8.7.15.2. Financial Performance
- 8.7.15.3. Product Benchmarking
- 8.7.15.4. Recent Developments