ICT

Smart Infrastructure Market Size to Attain USD 2,414.28 Bn By 2033

The global smart infrastructure market size was estimated to be around US$ 373.11 billion in 2023 and is projected to reach US$ 2,414.28 billion by 2033, indicating a CAGR of 20.53% from 2024 to 2033.

Smart Infrastructure Market Size 2024 to 2033

Key Points

  • North America dominated the market with the largest share of 32% in 2023.
  • Asia Pacific is observed to expand at the fastest rate during the forecast period.
  • By offering, in 2023, the products segment has contributed more than 70% of the market share.
  • By offering, the service offering segment is to experience the highest growth rate.
  • By type, in 2023, the smart transportation system segment held the largest share of the market.
  • By type, the smart waste management segment will experience the fastest growth.
  • By end-user, in 2023, the non-residential segment claimed the largest market share of 75%.
  • By end-user, the residential segment is observed to experience the fastest expansion during the forecast period.

The market research report on the smart infrastructure market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of smart infrastructure products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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Smart Infrastructure Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 20.53%
Global Market Size in 2023 USD 373.11 Billion
Global Market Size by 2033 USD 2,414.28 Billion
U.S. Market Size in 2023 USD 83.58 Billion
U.S. Market Size by 2033 USD 540.80 Billion
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Offering, By Type, and By End-user
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Non-Alcoholic Beverages Market Size, Trends, Report By 2033

The report presents the volume and value-based market size for the base year 2023 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global smart infrastructure market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the smart infrastructure market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of smart infrastructure products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2024 to 2033. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the smart infrastructure market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on xx market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the smart infrastructure market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Smart Infrastructure Market Companies

  • ABB
  • Aclara Technologies LLC (Hubbell Incorporated)
  • Broadcom, Inc. (VMware)
  • Cisco Systems, Inc.
  • Dynamic Ratings
  • Honeywell International Inc.
  • Hewlett Packard Enterprise Development LP
  • Huawei Technologies Co., Ltd.
  • International Business Machines Corporation
  • L&T Technology Services Limited
  • Panamax Infotech
  • Schneider Electric
  • Siemens
  • Wipro
  • Xylem (Sensus)

Segments Covered in the Report

By Offering

  • Products
  • Services

By Type 

  • Smart Transportation System
  • Smart Energy Management System
  • Smart Safety & Security Systems
  • Smart Waste Management Solutions
  • Others

By End-user

  • Residential
  • Non-residential

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Smart Infrastructure Market 

5.1. COVID-19 Landscape: Smart Infrastructure Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Smart Infrastructure Market, By Offering

8.1. Smart Infrastructure Market, by Offering, 2024-2033

8.1.1 Products

8.1.1.1. Market Revenue and Forecast (2021-2033)

8.1.2. Services

8.1.2.1. Market Revenue and Forecast (2021-2033)

Chapter 9. Global Smart Infrastructure Market, By Type

9.1. Smart Infrastructure Market, by Type, 2024-2033

9.1.1. Smart Transportation System

9.1.1.1. Market Revenue and Forecast (2021-2033)

9.1.2. Smart Energy Management System

9.1.2.1. Market Revenue and Forecast (2021-2033)

9.1.3. Smart Safety & Security Systems

9.1.3.1. Market Revenue and Forecast (2021-2033)

9.1.4. Smart Waste Management Solutions

9.1.4.1. Market Revenue and Forecast (2021-2033)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2021-2033)

Chapter 10. Global Smart Infrastructure Market, By End-user 

10.1. Smart Infrastructure Market, by End-user, 2024-2033

10.1.1. Residential

10.1.1.1. Market Revenue and Forecast (2021-2033)

10.1.2. Non-residential

10.1.2.1. Market Revenue and Forecast (2021-2033)

Chapter 11. Global Smart Infrastructure Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Offering (2021-2033)

11.1.2. Market Revenue and Forecast, by Type (2021-2033)

11.1.3. Market Revenue and Forecast, by End-user (2021-2033)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Offering (2021-2033)

11.1.4.2. Market Revenue and Forecast, by Type (2021-2033)

11.1.4.3. Market Revenue and Forecast, by End-user (2021-2033)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Offering (2021-2033)

11.1.5.2. Market Revenue and Forecast, by Type (2021-2033)

11.1.5.3. Market Revenue and Forecast, by End-user (2021-2033)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Offering (2021-2033)

11.2.2. Market Revenue and Forecast, by Type (2021-2033)

11.2.3. Market Revenue and Forecast, by End-user (2021-2033)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Offering (2021-2033)

11.2.4.2. Market Revenue and Forecast, by Type (2021-2033)

11.2.4.3. Market Revenue and Forecast, by End-user (2021-2033)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Offering (2021-2033)

11.2.5.2. Market Revenue and Forecast, by Type (2021-2033)

11.2.5.3. Market Revenue and Forecast, by End-user (2021-2033)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Offering (2021-2033)

11.2.6.2. Market Revenue and Forecast, by Type (2021-2033)

11.2.6.3. Market Revenue and Forecast, by End-user (2021-2033)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Offering (2021-2033)

11.2.7.2. Market Revenue and Forecast, by Type (2021-2033)

11.2.7.3. Market Revenue and Forecast, by End-user (2021-2033)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Offering (2021-2033)

11.3.2. Market Revenue and Forecast, by Type (2021-2033)

11.3.3. Market Revenue and Forecast, by End-user (2021-2033)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Offering (2021-2033)

11.3.4.2. Market Revenue and Forecast, by Type (2021-2033)

11.3.4.3. Market Revenue and Forecast, by End-user (2021-2033)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Offering (2021-2033)

11.3.5.2. Market Revenue and Forecast, by Type (2021-2033)

11.3.5.3. Market Revenue and Forecast, by End-user (2021-2033)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Offering (2021-2033)

11.3.6.2. Market Revenue and Forecast, by Type (2021-2033)

11.3.6.3. Market Revenue and Forecast, by End-user (2021-2033)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Offering (2021-2033)

11.3.7.2. Market Revenue and Forecast, by Type (2021-2033)

11.3.7.3. Market Revenue and Forecast, by End-user (2021-2033)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Offering (2021-2033)

11.4.2. Market Revenue and Forecast, by Type (2021-2033)

11.4.3. Market Revenue and Forecast, by End-user (2021-2033)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Offering (2021-2033)

11.4.4.2. Market Revenue and Forecast, by Type (2021-2033)

11.4.4.3. Market Revenue and Forecast, by End-user (2021-2033)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Offering (2021-2033)

11.4.5.2. Market Revenue and Forecast, by Type (2021-2033)

11.4.5.3. Market Revenue and Forecast, by End-user (2021-2033)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Offering (2021-2033)

11.4.6.2. Market Revenue and Forecast, by Type (2021-2033)

11.4.6.3. Market Revenue and Forecast, by End-user (2021-2033)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Offering (2021-2033)

11.4.7.2. Market Revenue and Forecast, by Type (2021-2033)

11.4.7.3. Market Revenue and Forecast, by End-user (2021-2033)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Offering (2021-2033)

11.5.2. Market Revenue and Forecast, by Type (2021-2033)

11.5.3. Market Revenue and Forecast, by End-user (2021-2033)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Offering (2021-2033)

11.5.4.2. Market Revenue and Forecast, by Type (2021-2033)

11.5.4.3. Market Revenue and Forecast, by End-user (2021-2033)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Offering (2021-2033)

11.5.5.2. Market Revenue and Forecast, by Type (2021-2033)

11.5.5.3. Market Revenue and Forecast, by End-user (2021-2033)

Chapter 12. Company Profiles

12.1. ABB

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Aclara Technologies LLC

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Broadcom, Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Cisco Systems, Inc.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Abbott

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Dynamic Ratings

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Honeywell International Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Hewlett Packard Enterprise Development LP

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Huawei Technologies Co., Ltd.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. International Business Machines Corporation

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

View all posts by Prathamesh →

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