Smart Infrastructure Market Size, Share, Growth Analysis, By Offering, Focus Area (Smart Transportation, Smart Buildings, Smart Utilities, Smart Government), End User (Commercial, Residential, Industrial) and Region - Global Forecast to 2029
MarketsandMarkets forecasts that the smart infrastructure market is projected to grow from USD 923.0 billion in 2024 to USD 2,109.5 billion by 2029 at a CAGR of 18.0% during the forecast period. Many countries are facing challenges related to aging infrastructure that require modernization and upgrades. Smart infrastructure solutions offer a way to improve the reliability, safety, and performance of existing infrastructure systems.
“By professional services, the consulting & implementation services segment is expected to grow with the highest CAGR during the forecast period.”
Consulting and implementation services are indispensable. They serve as guiding lights, illuminating the path from conceptualization to realization of smart solutions. These services start by assessing stakeholders' unique needs and goals and crafting tailored plans that harness the potential of technology for efficiency, sustainability, and safety. They navigate the maze of available technologies, selecting the most suitable options and integrating them seamlessly into existing infrastructure. With meticulous project management, they orchestrate the complex dance of stakeholders, ensuring projects stay on track, on budget, and on time. Beyond mere implementation, they customize solutions, providing bespoke software, hardware, and training to empower clients to embrace the future with confidence.
“By professional services, the support & maintenance services segment is expected to hold the largest market size during the forecast period.”
Support and maintenance services are integral to the efficient functioning of smart infrastructure systems. They encompass various tasks such as system monitoring, software updates, hardware maintenance, remote diagnostics, training, predictive maintenance, and compliance support. By providing continuous monitoring and proactive troubleshooting, these services minimize downtime and ensure optimal performance. Regular updates and upgrades keep systems secure and up to date, while hardware maintenance prevents failures and extends component lifespan. Remote diagnostics enables swift problem resolution, saving time and resources. Training sessions empower personnel to handle day-to-day operations and minor issues independently. Predictive maintenance strategies leverage data analytics to schedule maintenance activities proactively, minimizing unplanned downtime and reducing costs.
“Asia Pacific is expected to grow with the highest CAGR during the forecast period.”
The Asia Pacific region is witnessing a surge in smart infrastructure markets, driven by factors like rapid urbanization and the imperative for sustainable development. From the bustling cities to the sprawling countryside, initiatives are underway to integrate technologies that enhance efficiency and livability. The region comprises major growing economies, such as China, Japan, India, and Southeast Asia, which offer notable growth opportunities for the smart infrastructure market. Smart city projects are revolutionizing urban landscapes through the deployment of IoT sensors, data analytics, and AI to manage resources more effectively. Transportation systems are becoming smarter with advancements in traffic management, real-time information, and electric vehicle infrastructure.
Breakdown of primaries
The study contains insights from various industry experts, from solution vendors to Tier 1 companies. The break-up of the primaries is as follows:
Research Coverage
The report segments the global smart infrastructure market based on offerings that have been classified into hardware, software, services (professional services (consulting & implementation, support & maintenance, training & education), and managed services). The focus area segment is classified by smart transportation, smart buildings, smart utilities, smart healthcare, smart hospitality, smart agriculture, smart manufacturing, smart government, and other focus areas. The end users are classified as commercial, residential, industrial, and government & defense. By region, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Key benefits of the report
The report would help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall smart infrastructure market and the subsegments. It would also help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies. The report would help stakeholders understand the pulse of the market and provide them with information on the key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (proliferation of IoT, AI, smart infrastructure, and connected devices, growing urbanization and demand for sustainable solutions, sustainable energy transition), restraints (high implementation costs, lack of standardization), opportunities (growing smart city initiatives, rising public and private investments), and challenges (integration with existing infrastructure, data security and privacy concerns).
“By professional services, the consulting & implementation services segment is expected to grow with the highest CAGR during the forecast period.”
Consulting and implementation services are indispensable. They serve as guiding lights, illuminating the path from conceptualization to realization of smart solutions. These services start by assessing stakeholders' unique needs and goals and crafting tailored plans that harness the potential of technology for efficiency, sustainability, and safety. They navigate the maze of available technologies, selecting the most suitable options and integrating them seamlessly into existing infrastructure. With meticulous project management, they orchestrate the complex dance of stakeholders, ensuring projects stay on track, on budget, and on time. Beyond mere implementation, they customize solutions, providing bespoke software, hardware, and training to empower clients to embrace the future with confidence.
“By professional services, the support & maintenance services segment is expected to hold the largest market size during the forecast period.”
Support and maintenance services are integral to the efficient functioning of smart infrastructure systems. They encompass various tasks such as system monitoring, software updates, hardware maintenance, remote diagnostics, training, predictive maintenance, and compliance support. By providing continuous monitoring and proactive troubleshooting, these services minimize downtime and ensure optimal performance. Regular updates and upgrades keep systems secure and up to date, while hardware maintenance prevents failures and extends component lifespan. Remote diagnostics enables swift problem resolution, saving time and resources. Training sessions empower personnel to handle day-to-day operations and minor issues independently. Predictive maintenance strategies leverage data analytics to schedule maintenance activities proactively, minimizing unplanned downtime and reducing costs.
“Asia Pacific is expected to grow with the highest CAGR during the forecast period.”
The Asia Pacific region is witnessing a surge in smart infrastructure markets, driven by factors like rapid urbanization and the imperative for sustainable development. From the bustling cities to the sprawling countryside, initiatives are underway to integrate technologies that enhance efficiency and livability. The region comprises major growing economies, such as China, Japan, India, and Southeast Asia, which offer notable growth opportunities for the smart infrastructure market. Smart city projects are revolutionizing urban landscapes through the deployment of IoT sensors, data analytics, and AI to manage resources more effectively. Transportation systems are becoming smarter with advancements in traffic management, real-time information, and electric vehicle infrastructure.
Breakdown of primaries
The study contains insights from various industry experts, from solution vendors to Tier 1 companies. The break-up of the primaries is as follows:
- By Company: Tier 1–35%, Tier 2–40%, and Tier 3–25%
- By Designation: C-Level Executives –35%, Managers–35, and Others–40%
- By Region: North America–30%, Europe–35%, APAC–25%, RoW–10%
Research Coverage
The report segments the global smart infrastructure market based on offerings that have been classified into hardware, software, services (professional services (consulting & implementation, support & maintenance, training & education), and managed services). The focus area segment is classified by smart transportation, smart buildings, smart utilities, smart healthcare, smart hospitality, smart agriculture, smart manufacturing, smart government, and other focus areas. The end users are classified as commercial, residential, industrial, and government & defense. By region, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Key benefits of the report
The report would help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall smart infrastructure market and the subsegments. It would also help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies. The report would help stakeholders understand the pulse of the market and provide them with information on the key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (proliferation of IoT, AI, smart infrastructure, and connected devices, growing urbanization and demand for sustainable solutions, sustainable energy transition), restraints (high implementation costs, lack of standardization), opportunities (growing smart city initiatives, rising public and private investments), and challenges (integration with existing infrastructure, data security and privacy concerns).
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the smart infrastructure market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the smart infrastructure market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the smart infrastructure market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as Siemens (Germany), Cisco, (US), Honeywell (US), Hitachi (Japan), IBM (US), Schneider Electric (France), Microsoft (US), Huawei (China), ABB (Switzerland), Johnson Controls (Ireland), Intel (US), Oracle (US), TCS (India), Fujitsu (Japan), Itron (US), Accenture (Ireland), Sense (US), AppyWay (UK), Telensa (UK), Gaia (India), Panamax Infotech (India), Envelio (Germany), XENIUS (India), Anavision (Hong Kong), Enevo (US), Cubic Telecom (Ireland).
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2021–2023
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 SMART INFRASTRUCTURE MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 Breakdown of primary profiles
2.1.2.3 Key data from primary sources
2.1.2.4 Key insights from industry experts
2.2 MARKET SIZE ESTIMATION
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 1 (SUPPLY-SIDE): REVENUE OF OFFERINGS IN SMART INFRASTRUCTURE MARKET
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (DEMAND-SIDE)
FIGURE 4 MARKET SIZE ESTIMATION: TOP-DOWN & BOTTOM-UP APPROACHES
2.2.1 TOP-DOWN APPROACH
2.2.2 BOTTOM-UP APPROACH
2.3 DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION
TABLE 2 FACTOR ANALYSIS
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS AND RISK ASSESSMENT
2.6 RECESSION IMPACT ON SMART INFRASTRUCTURE MARKET
3 EXECUTIVE SUMMARY
FIGURE 6 SMART INFRASTRUCTURE MARKET, 2022–2029 (USD BILLION)
FIGURE 7 SMART INFRASTRUCTURE MARKET, REGIONAL SHARE, 2024
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SMART INFRASTRUCTURE MARKET
FIGURE 8 INCREASING TECHNOLOGICAL ADVANCEMENTS TO ENHANCE INFRASTRUCTURES AND RISING SMART CITY INITIATIVES TO DRIVE MARKET
4.2 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY OFFERING AND COUNTRY
FIGURE 9 HARDWARE SEGMENT AND US TO ACCOUNT FOR LARGEST MARKET SHARES IN NORTH AMERICA, 2024
4.3 ASIA PACIFIC SMART INFRASTRUCTURE MARKET: KEY OFFERINGS AND TOP THREE COUNTRIES
FIGURE 10 HARDWARE SEGMENT AND CHINA TO ACCOUNT FOR LARGEST MARKET SHARES IN ASIA PACIFIC, 2024
4.4 SMART INFRASTRUCTURE MARKET, BY FOCUS AREA
FIGURE 11 SMART TRANSPORTATION SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4.5 SMART INFRASTRUCTURE MARKET, BY END USER
FIGURE 12 COMMERCIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 13 SMART INFRASTRUCTURE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Proliferation of IoT, AI, smart infrastructure, and connected devices
5.2.1.2 Growing urbanization and demand for sustainable solutions
5.2.1.3 Global shift toward sustainable energy transition
5.2.2 RESTRAINTS
5.2.2.1 High implementation costs
5.2.2.2 Lack of standardized frameworks
5.2.3 OPPORTUNITIES
5.2.3.1 Growing smart city initiatives
5.2.3.2 Rising public and private investments
5.2.4 CHALLENGES
5.2.4.1 Integration with existing infrastructure
5.2.4.2 Data security and privacy concerns
5.3 INDUSTRY TRENDS
5.3.1 BRIEF HISTORY OF SMART INFRASTRUCTURE MARKET
FIGURE 14 BRIEF HISTORY OF SMART INFRASTRUCTURE
5.3.1.1 1990–2000
5.3.1.2 2000–2010
5.3.1.3 2010–2020
5.3.1.4 2020–present
5.3.2 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 15 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.3.3 PRICING ANALYSIS
5.3.3.1 Average selling price trend of key players, by focus area
FIGURE 16 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY FOCUS AREA (USD)
TABLE 3 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY FOCUS AREA (USD)
5.3.3.2 Indicative pricing analysis of smart infrastructure
TABLE 4 INDICATIVE PRICING ANALYSIS OF SMART INFRASTRUCTURE
5.3.4 SUPPLY CHAIN ANALYSIS
FIGURE 17 SMART INFRASTRUCTURE MARKET: SUPPLY CHAIN ANALYSIS
5.3.5 ECOSYSTEM
TABLE 5 SMART INFRASTRUCTURE MARKET: ECOSYSTEM
FIGURE 18 KEY PLAYERS IN SMART INFRASTRUCTURE MARKET ECOSYSTEM
5.3.6 TECHNOLOGY ANALYSIS
5.3.6.1 Key technologies
5.3.6.1.1 AI and ML
5.3.6.1.2 Internet of Things
5.3.6.1.3 Big data analytics
5.3.6.1.4 5G
5.3.6.2 Adjacent technologies
5.3.6.2.1 Robotics
5.3.6.2.2 Augmented intelligence
5.3.6.2.3 Edge computing
5.3.6.2.4 Renewable energy solutions
5.3.6.3 Complementary technologies
5.3.6.3.1 AR and VR
5.3.6.3.2 Smart grids
5.3.6.3.3 Cybersecurity solutions
5.3.7 PATENT ANALYSIS
5.3.7.1 Methodology
FIGURE 19 LIST OF MAJOR PATENTS FOR SMART INFRASTRUCTURE
TABLE 6 LIST OF MAJOR PATENTS
5.3.8 HS CODE: LUMINARIES AND LIGHTING FITTINGS, SOLELY FOR LED LIGHT SOURCES (940542)
5.3.8.1 Export scenario
TABLE 7 EXPORT SCENARIO FOR HS CODE: 940542, BY COUNTRY, 2022–2023 (USD THOUSAND)
5.3.8.2 Import scenario
TABLE 8 IMPORT SCENARIO FOR HS CODE: 940542, BY COUNTRY, 2022–2023 (USD THOUSAND)
5.3.9 CASE STUDY ANALYSIS
TABLE 9 SMART INFRASTRUCTURE LLP TRANSFORMED CLOUD SERVICE DELIVERY WITH CISCO ACI AND TERRAFORM
TABLE 10 PROVINCE OF CУRDOBA IMPROVED SAFETY OF ITS MUNICIPALITIES USING NEC’S CLOUD-BASED SHARED PLATFORM
TABLE 11 ABB HELPED FASTNED EXPAND ITS EV FAST CHARGE NETWORK ACROSS EUROPE
TABLE 12 HONEYWELL ENABLED EFFICIENT FLIGHT ROUTING FOR NEWARK LIBERTY INTERNATIONAL AIRPORT
TABLE 13 BANE NOR SELECTED THALES TO PROVIDE NEXT-GENERATION NATIONWIDE TRAFFIC MANAGEMENT SYSTEM
TABLE 14 CURTIN UNIVERSITY ADOPTED HITACHI IOT SOLUTION TO IMPLEMENT SMART CAMPUS AND MAKE INFORMED DECISIONS
5.3.10 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 15 SMART INFRASTRUCTURE MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.3.11 CURRENT AND EMERGING BUSINESS MODELS
5.3.11.1 Current business models
5.3.11.1.1 Public-Private Partnerships (PPPs) model
5.3.11.1.2 Subscription-based services model
5.3.11.1.3 Pay-per-use model
5.3.11.2 Emerging business models
5.3.11.2.1 Revenue sharing with data monetization model
5.3.11.2.2 Asset-based value creation model
5.3.11.2.3 Circular economy model
5.3.11.2.4 Tokenization and blockchain model
5.3.12 BEST PRACTICES IN SMART INFRASTRUCTURE MARKET
5.3.13 SMART INFRASTRUCTURE MARKET: TOOLS, FRAMEWORKS, AND TECHNIQUES
5.3.14 SMART INFRASTRUCTURE MARKET: FUTURE LANDSCAPE
5.3.14.1 Smart infrastructure technology roadmap till 2030
5.3.14.2 Short-term roadmap (2024–2025)
5.3.14.3 Mid-term roadmap (2026–2028)
5.3.14.4 Long-term roadmap (2029–2030)
5.3.15 REGULATORY LANDSCAPE
5.3.15.1 Regulatory bodies, government agencies, and other organizations
TABLE 16 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 19 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.3.15.2 North America
5.3.15.2.1 US
5.3.15.2.2 Canada
5.3.15.3 Europe
5.3.15.4 Asia Pacific
5.3.15.4.1 South Korea
5.3.15.4.2 China
5.3.15.4.3 India
5.3.15.5 Middle East & Africa
5.3.15.5.1 UAE
5.3.15.5.2 KSA
5.3.15.5.3 Bahrain
5.3.15.6 Latin America
5.3.15.6.1 Brazil
5.3.15.6.2 Mexico
5.3.16 PORTER’S FIVE FORCES ANALYSIS
TABLE 20 PORTER’S FIVE FORCES IMPACT ON SMART INFRASTRUCTURE MARKET
FIGURE 20 SMART INFRASTRUCTURE MARKET: PORTER’S FIVE FORCES MODEL
5.3.16.1 Threat of new entrants
5.3.16.2 Threat of substitutes
5.3.16.3 Bargaining power of buyers
5.3.16.4 Bargaining power of suppliers
5.3.16.5 Intensity of competitive rivalry
5.3.17 KEY STAKEHOLDERS AND BUYING CRITERIA
5.3.17.1 Key stakeholders in buying process
FIGURE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY END USERS
TABLE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY END USERS (%)
5.3.17.2 Buying criteria
FIGURE 22 KEY BUYING CRITERIA FOR TOP THREE END USERS
TABLE 22 KEY BUYING CRITERIA FOR TOP THREE END USERS
5.3.18 INVESTMENT AND FUNDING SCENARIO
6 SMART INFRASTRUCTURE MARKET, BY OFFERING
6.1 INTRODUCTION
FIGURE 23 SOFTWARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 23 SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 24 SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
6.1.1 OFFERINGS: SMART INFRASTRUCTURE MARKET DRIVERS
6.2 HARDWARE
6.2.1 NEED TO ENHANCE EFFICIENCY, REDUCE COSTS, SUPPORT SUSTAINABILITY, AND IMPROVE SAFETY TO DRIVE MARKET
TABLE 25 HARDWARE: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 26 HARDWARE: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
6.3 SOFTWARE
6.3.1 NEED TO OPTIMIZE EFFICIENCY, IMPROVE FUNCTIONALITY, AND ENSURE SUSTAINABILITY IN MODERN URBAN ENVIRONMENTS TO PROPEL MARKET
TABLE 27 SOFTWARE: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 28 SOFTWARE: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
6.4 SERVICES
6.4.1 SERVICES TO CONTRIBUTE TO SUCCESSFUL DEVELOPMENT, DEPLOYMENT, AND OPERATION OF ADVANCED URBAN AND RURAL INFRASTRUCTURE
FIGURE 24 MANAGED SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 29 SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 30 SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 31 SERVICES: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 32 SERVICES: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
6.4.2 PROFESSIONAL SERVICES
FIGURE 25 CONSULTING & IMPLEMENTATION SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 33 SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 34 SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 35 PROFESSIONAL SERVICES: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 36 PROFESSIONAL SERVICES: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
6.4.2.1 Consulting & implementation
TABLE 37 CONSULTING & IMPLEMENTATION: SMART INFRASTRUCTURE SERVICES MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 38 CONSULTING & IMPLEMENTATION: SMART INFRASTRUCTURE SERVICES MARKET, BY REGION, 2024–2029 (USD BILLION)
6.4.2.2 Support & maintenance
TABLE 39 SUPPORT & MAINTENANCE: SMART INFRASTRUCTURE SERVICES MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 40 SUPPORT & MAINTENANCE: SMART INFRASTRUCTURE SERVICES MARKET, BY REGION, 2024–2029 (USD BILLION)
6.4.2.3 Training & education
TABLE 41 TRAINING & EDUCATION: SMART INFRASTRUCTURE SERVICES MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 42 TRAINING & EDUCATION: SMART INFRASTRUCTURE SERVICES MARKET, BY REGION, 2024–2029 (USD BILLION)
6.4.3 MANAGED SERVICES
TABLE 43 MANAGED SERVICES: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 44 MANAGED SERVICES: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7 SMART INFRASTRUCTURE MARKET, BY FOCUS AREA
7.1 INTRODUCTION
FIGURE 26 SMART HEALTHCARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 45 SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 46 SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
7.1.1 FOCUS AREAS: SMART INFRASTRUCTURE MARKET DRIVERS
7.2 SMART TRANSPORTATION
7.2.1 NEED TO ENHANCE EFFICIENCY, SAFETY, AND SUSTAINABILITY IN URBAN AND RURAL ENVIRONMENTS TO FUEL DEMAND FOR SMART TRANSPORTATION
TABLE 47 SMART TRANSPORTATION: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 48 SMART TRANSPORTATION: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.3 SMART BUILDINGS
7.3.1 SMART BUILDINGS TO LEVERAGE INTERCONNECTED SYSTEMS TO OPTIMIZE ENERGY CONSUMPTION, REDUCE OPERATIONAL COSTS, AND ENHANCE OCCUPANT COMFORT AND PRODUCTIVITY
TABLE 49 SMART BUILDINGS: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 50 SMART BUILDINGS: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.4 SMART UTILITIES
7.4.1 SMART UTILITIES TO CREATE MORE RESILIENT AND SUSTAINABLE URBAN ENVIRONMENTS BY PROMOTING ENERGY EFFICIENCY, REDUCING WASTE, AND MITIGATING ENVIRONMENTAL IMPACT
TABLE 51 SMART UTILITIES: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 52 SMART UTILITIES: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.5 SMART HEALTHCARE
7.5.1 SMART HEALTHCARE SOLUTIONS TO HELP ORGANIZATIONS MANAGE VARIOUS BOTTLENECKS IN CAREGIVING AND BRIDGE GAP BETWEEN PATIENTS AND CARE PROVIDERS
TABLE 53 SMART HEALTHCARE: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 54 SMART HEALTHCARE: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.6 SMART HOSPITALITY
7.6.1 INCREASING NEED TO ENHANCE GUEST EXPERIENCES, STREAMLINE OPERATIONS, AND IMPROVE OVERALL EFFICIENCY TO DRIVE MARKET
TABLE 55 SMART HOSPITALITY: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 56 SMART HOSPITALITY: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.7 SMART AGRICULTURE
7.7.1 SMART AGRICULTURE TO ENHANCE RESOURCE MANAGEMENT, SUSTAINABILITY, AND DATA-DRIVEN DECISION-MAKING
TABLE 57 SMART AGRICULTURE: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 58 SMART AGRICULTURE: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.8 SMART MANUFACTURING
7.8.1 GROWING NEED TO REDUCE ENERGY CONSUMPTION, MINIMIZE WASTE, AND OPTIMIZE RESOURCE UTILIZATION TO DRIVE MARKET
TABLE 59 SMART MANUFACTURING: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 60 SMART MANUFACTURING: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.9 SMART GOVERNMENT
7.9.1 SMART GOVERNMENTS TO SPUR ADOPTION OF SMART TECHNOLOGIES BY ALLOCATING FUNDS AND OFFERING FINANCIAL INCENTIVES
TABLE 61 SMART GOVERNMENT: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 62 SMART GOVERNMENT: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.10 OTHER FOCUS AREAS
TABLE 63 OTHER FOCUS AREAS: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 64 OTHER FOCUS AREAS: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
8 SMART INFRASTRUCTURE MARKET, BY END USER
8.1 INTRODUCTION
FIGURE 27 INDUSTRIAL SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 65 SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 66 SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
8.1.1 END USERS: SMART INFRASTRUCTURE MARKET DRIVERS
8.2 COMMERCIAL
8.2.1 NEED TO ENHANCE OPERATIONAL EFFICIENCY, IMPROVE CUSTOMER EXPERIENCE, AND DRIVE SUSTAINABILITY TO PROPEL MARKET
TABLE 67 COMMERCIAL: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 68 COMMERCIAL: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
8.3 RESIDENTIAL
8.3.1 SMART INFRASTRUCTURE IN RESIDENTIAL INDUSTRY TO ENHANCE QUALITY OF LIFE AND FOCUS ON AUTOMATION, CONNECTIVITY, AND ENERGY EFFICIENCY
TABLE 69 RESIDENTIAL: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 70 RESIDENTIAL: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
8.4 INDUSTRIAL
8.4.1 SMART INFRASTRUCTURE TO ENHANCE EFFICIENCY, SAFETY, AND SUSTAINABILITY IN INDUSTRIAL OPERATIONS
TABLE 71 INDUSTRIAL: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 72 INDUSTRIAL: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
8.5 GOVERNMENT & DEFENSE
8.5.1 GROWTH IN DIGITALIZATION, INCREASING CONNECTIVITY, AND INNOVATION TO BOOST DEMAND FOR SMART INFRASTRUCTURE IN GOVERNMENT & DEFENSE SECTORS
TABLE 73 GOVERNMENT & DEFENSE: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 74 GOVERNMENT & DEFENSE: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
9 SMART INFRASTRUCTURE MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 28 SMART INFRASTRUCTURE MARKET: REGIONAL SNAPSHOT, 2024
FIGURE 29 ASIA PACIFIC TO ACCOUNT FOR HIGHEST CAGR DURING FORECAST PERIOD
TABLE 75 SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 76 SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
9.2 NORTH AMERICA
FIGURE 30 NORTH AMERICA: MARKET SNAPSHOT
9.2.1 NORTH AMERICA: SMART INFRASTRUCTURE MARKET DRIVERS
9.2.2 NORTH AMERICA: RECESSION IMPACT
TABLE 77 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 78 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 79 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 80 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 81 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 82 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 83 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 84 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 85 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 86 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
TABLE 87 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY COUNTRY, 2019–2023 (USD BILLION)
TABLE 88 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
9.2.3 US
9.2.3.1 Rapid urbanization, technological advancements, and governmental initiatives to propel market
TABLE 89 US: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 90 US: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 91 US: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 92 US: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 93 US: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 94 US: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 95 US: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 96 US: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 97 US: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 98 US: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
9.2.4 CANADA
9.2.4.1 Increasing investments & partnerships and implementation of IoT technologies to improve and optimize business processes to drive market
TABLE 99 CANADA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 100 CANADA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 101 CANADA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 102 CANADA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 103 CANADA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 104 CANADA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 105 CANADA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 106 CANADA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 107 CANADA: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 108 CANADA: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
9.3 EUROPE
9.3.1 EUROPE: SMART INFRASTRUCTURE MARKET DRIVERS
9.3.2 EUROPE: RECESSION IMPACT
TABLE 109 EUROPE: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 110 EUROPE: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 111 EUROPE: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 112 EUROPE: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 113 EUROPE: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 114 EUROPE: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 115 EUROPE: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 116 EUROPE: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 117 EUROPE: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 118 EUROPE: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
TABLE 119 EUROPE: SMART INFRASTRUCTURE MARKET, BY COUNTRY, 2019–2023 (USD BILLION)
TABLE 120 EUROPE: SMART INFRASTRUCTURE MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
9.3.3 UK
9.3.3.1 Growing need for smart infrastructure solutions to fuel demand for smart infrastructure solutions
TABLE 121 UK: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 122 UK: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 123 UK: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 124 UK: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 125 UK: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 126 UK: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 127 UK: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 128 UK: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 129 UK: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 130 UK: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
9.3.4 GERMANY
9.3.4.1 Technological advancements, government initiatives, and increasing urbanization to spur market growth
TABLE 131 GERMANY: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 132 GERMANY: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 133 GERMANY: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 134 GERMANY: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 135 GERMANY: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 136 GERMANY: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 137 GERMANY: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 138 GERMANY: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 139 GERMANY: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 140 GERMANY: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
9.3.5 ITALY
9.3.5.1 Increasing digital transformation and focus on 5G & fiber development to accelerate market growth
9.3.6 FRANCE
9.3.6.1 Rising focus on efficiency, sustainability, and quality of life to boost demand for smart infrastructure solutions
9.3.7 REST OF EUROPE
9.4 ASIA PACIFIC
FIGURE 31 ASIA PACIFIC: MARKET SNAPSHOT
9.4.1 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET DRIVERS
9.4.2 ASIA PACIFIC: RECESSION IMPACT
TABLE 141 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 142 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 143 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 144 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 145 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 146 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 147 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 148 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 149 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 150 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
TABLE 151 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY COUNTRY, 2019–2023 (USD BILLION)
TABLE 152 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
9.4.3 CHINA
9.4.3.1 Need for integrating advanced technologies with traditional infrastructure domains to foster market growth
TABLE 153 CHINA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 154 CHINA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 155 CHINA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 156 CHINA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 157 CHINA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 158 CHINA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 159 CHINA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 160 CHINA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 161 CHINA: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 162 CHINA: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
9.4.4 JAPAN
9.4.4.1 Deployment of 5G technology and increasing demand for seamless connectivity within urban environments to drive market
TABLE 163 JAPAN: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 164 JAPAN: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 165 JAPAN: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 166 JAPAN: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 167 JAPAN: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 168 JAPAN: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 169 JAPAN: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 170 JAPAN: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 171 JAPAN: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 172 JAPAN: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
9.4.5 INDIA
9.4.5.1 Increasing urbanization, government initiatives, and technological advancements to propel market
TABLE 173 INDIA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 174 INDIA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 175 INDIA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 176 INDIA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 177 INDIA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 178 INDIA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 179 INDIA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 180 INDIA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 181 INDIA: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 182 INDIA: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
9.4.6 REST OF ASIA PACIFIC
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2021–2023
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 SMART INFRASTRUCTURE MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 Breakdown of primary profiles
2.1.2.3 Key data from primary sources
2.1.2.4 Key insights from industry experts
2.2 MARKET SIZE ESTIMATION
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 1 (SUPPLY-SIDE): REVENUE OF OFFERINGS IN SMART INFRASTRUCTURE MARKET
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (DEMAND-SIDE)
FIGURE 4 MARKET SIZE ESTIMATION: TOP-DOWN & BOTTOM-UP APPROACHES
2.2.1 TOP-DOWN APPROACH
2.2.2 BOTTOM-UP APPROACH
2.3 DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION
TABLE 2 FACTOR ANALYSIS
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS AND RISK ASSESSMENT
2.6 RECESSION IMPACT ON SMART INFRASTRUCTURE MARKET
3 EXECUTIVE SUMMARY
FIGURE 6 SMART INFRASTRUCTURE MARKET, 2022–2029 (USD BILLION)
FIGURE 7 SMART INFRASTRUCTURE MARKET, REGIONAL SHARE, 2024
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SMART INFRASTRUCTURE MARKET
FIGURE 8 INCREASING TECHNOLOGICAL ADVANCEMENTS TO ENHANCE INFRASTRUCTURES AND RISING SMART CITY INITIATIVES TO DRIVE MARKET
4.2 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY OFFERING AND COUNTRY
FIGURE 9 HARDWARE SEGMENT AND US TO ACCOUNT FOR LARGEST MARKET SHARES IN NORTH AMERICA, 2024
4.3 ASIA PACIFIC SMART INFRASTRUCTURE MARKET: KEY OFFERINGS AND TOP THREE COUNTRIES
FIGURE 10 HARDWARE SEGMENT AND CHINA TO ACCOUNT FOR LARGEST MARKET SHARES IN ASIA PACIFIC, 2024
4.4 SMART INFRASTRUCTURE MARKET, BY FOCUS AREA
FIGURE 11 SMART TRANSPORTATION SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4.5 SMART INFRASTRUCTURE MARKET, BY END USER
FIGURE 12 COMMERCIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 13 SMART INFRASTRUCTURE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Proliferation of IoT, AI, smart infrastructure, and connected devices
5.2.1.2 Growing urbanization and demand for sustainable solutions
5.2.1.3 Global shift toward sustainable energy transition
5.2.2 RESTRAINTS
5.2.2.1 High implementation costs
5.2.2.2 Lack of standardized frameworks
5.2.3 OPPORTUNITIES
5.2.3.1 Growing smart city initiatives
5.2.3.2 Rising public and private investments
5.2.4 CHALLENGES
5.2.4.1 Integration with existing infrastructure
5.2.4.2 Data security and privacy concerns
5.3 INDUSTRY TRENDS
5.3.1 BRIEF HISTORY OF SMART INFRASTRUCTURE MARKET
FIGURE 14 BRIEF HISTORY OF SMART INFRASTRUCTURE
5.3.1.1 1990–2000
5.3.1.2 2000–2010
5.3.1.3 2010–2020
5.3.1.4 2020–present
5.3.2 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 15 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.3.3 PRICING ANALYSIS
5.3.3.1 Average selling price trend of key players, by focus area
FIGURE 16 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY FOCUS AREA (USD)
TABLE 3 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY FOCUS AREA (USD)
5.3.3.2 Indicative pricing analysis of smart infrastructure
TABLE 4 INDICATIVE PRICING ANALYSIS OF SMART INFRASTRUCTURE
5.3.4 SUPPLY CHAIN ANALYSIS
FIGURE 17 SMART INFRASTRUCTURE MARKET: SUPPLY CHAIN ANALYSIS
5.3.5 ECOSYSTEM
TABLE 5 SMART INFRASTRUCTURE MARKET: ECOSYSTEM
FIGURE 18 KEY PLAYERS IN SMART INFRASTRUCTURE MARKET ECOSYSTEM
5.3.6 TECHNOLOGY ANALYSIS
5.3.6.1 Key technologies
5.3.6.1.1 AI and ML
5.3.6.1.2 Internet of Things
5.3.6.1.3 Big data analytics
5.3.6.1.4 5G
5.3.6.2 Adjacent technologies
5.3.6.2.1 Robotics
5.3.6.2.2 Augmented intelligence
5.3.6.2.3 Edge computing
5.3.6.2.4 Renewable energy solutions
5.3.6.3 Complementary technologies
5.3.6.3.1 AR and VR
5.3.6.3.2 Smart grids
5.3.6.3.3 Cybersecurity solutions
5.3.7 PATENT ANALYSIS
5.3.7.1 Methodology
FIGURE 19 LIST OF MAJOR PATENTS FOR SMART INFRASTRUCTURE
TABLE 6 LIST OF MAJOR PATENTS
5.3.8 HS CODE: LUMINARIES AND LIGHTING FITTINGS, SOLELY FOR LED LIGHT SOURCES (940542)
5.3.8.1 Export scenario
TABLE 7 EXPORT SCENARIO FOR HS CODE: 940542, BY COUNTRY, 2022–2023 (USD THOUSAND)
5.3.8.2 Import scenario
TABLE 8 IMPORT SCENARIO FOR HS CODE: 940542, BY COUNTRY, 2022–2023 (USD THOUSAND)
5.3.9 CASE STUDY ANALYSIS
TABLE 9 SMART INFRASTRUCTURE LLP TRANSFORMED CLOUD SERVICE DELIVERY WITH CISCO ACI AND TERRAFORM
TABLE 10 PROVINCE OF CУRDOBA IMPROVED SAFETY OF ITS MUNICIPALITIES USING NEC’S CLOUD-BASED SHARED PLATFORM
TABLE 11 ABB HELPED FASTNED EXPAND ITS EV FAST CHARGE NETWORK ACROSS EUROPE
TABLE 12 HONEYWELL ENABLED EFFICIENT FLIGHT ROUTING FOR NEWARK LIBERTY INTERNATIONAL AIRPORT
TABLE 13 BANE NOR SELECTED THALES TO PROVIDE NEXT-GENERATION NATIONWIDE TRAFFIC MANAGEMENT SYSTEM
TABLE 14 CURTIN UNIVERSITY ADOPTED HITACHI IOT SOLUTION TO IMPLEMENT SMART CAMPUS AND MAKE INFORMED DECISIONS
5.3.10 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 15 SMART INFRASTRUCTURE MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.3.11 CURRENT AND EMERGING BUSINESS MODELS
5.3.11.1 Current business models
5.3.11.1.1 Public-Private Partnerships (PPPs) model
5.3.11.1.2 Subscription-based services model
5.3.11.1.3 Pay-per-use model
5.3.11.2 Emerging business models
5.3.11.2.1 Revenue sharing with data monetization model
5.3.11.2.2 Asset-based value creation model
5.3.11.2.3 Circular economy model
5.3.11.2.4 Tokenization and blockchain model
5.3.12 BEST PRACTICES IN SMART INFRASTRUCTURE MARKET
5.3.13 SMART INFRASTRUCTURE MARKET: TOOLS, FRAMEWORKS, AND TECHNIQUES
5.3.14 SMART INFRASTRUCTURE MARKET: FUTURE LANDSCAPE
5.3.14.1 Smart infrastructure technology roadmap till 2030
5.3.14.2 Short-term roadmap (2024–2025)
5.3.14.3 Mid-term roadmap (2026–2028)
5.3.14.4 Long-term roadmap (2029–2030)
5.3.15 REGULATORY LANDSCAPE
5.3.15.1 Regulatory bodies, government agencies, and other organizations
TABLE 16 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 19 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.3.15.2 North America
5.3.15.2.1 US
5.3.15.2.2 Canada
5.3.15.3 Europe
5.3.15.4 Asia Pacific
5.3.15.4.1 South Korea
5.3.15.4.2 China
5.3.15.4.3 India
5.3.15.5 Middle East & Africa
5.3.15.5.1 UAE
5.3.15.5.2 KSA
5.3.15.5.3 Bahrain
5.3.15.6 Latin America
5.3.15.6.1 Brazil
5.3.15.6.2 Mexico
5.3.16 PORTER’S FIVE FORCES ANALYSIS
TABLE 20 PORTER’S FIVE FORCES IMPACT ON SMART INFRASTRUCTURE MARKET
FIGURE 20 SMART INFRASTRUCTURE MARKET: PORTER’S FIVE FORCES MODEL
5.3.16.1 Threat of new entrants
5.3.16.2 Threat of substitutes
5.3.16.3 Bargaining power of buyers
5.3.16.4 Bargaining power of suppliers
5.3.16.5 Intensity of competitive rivalry
5.3.17 KEY STAKEHOLDERS AND BUYING CRITERIA
5.3.17.1 Key stakeholders in buying process
FIGURE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY END USERS
TABLE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY END USERS (%)
5.3.17.2 Buying criteria
FIGURE 22 KEY BUYING CRITERIA FOR TOP THREE END USERS
TABLE 22 KEY BUYING CRITERIA FOR TOP THREE END USERS
5.3.18 INVESTMENT AND FUNDING SCENARIO
6 SMART INFRASTRUCTURE MARKET, BY OFFERING
6.1 INTRODUCTION
FIGURE 23 SOFTWARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 23 SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 24 SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
6.1.1 OFFERINGS: SMART INFRASTRUCTURE MARKET DRIVERS
6.2 HARDWARE
6.2.1 NEED TO ENHANCE EFFICIENCY, REDUCE COSTS, SUPPORT SUSTAINABILITY, AND IMPROVE SAFETY TO DRIVE MARKET
TABLE 25 HARDWARE: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 26 HARDWARE: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
6.3 SOFTWARE
6.3.1 NEED TO OPTIMIZE EFFICIENCY, IMPROVE FUNCTIONALITY, AND ENSURE SUSTAINABILITY IN MODERN URBAN ENVIRONMENTS TO PROPEL MARKET
TABLE 27 SOFTWARE: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 28 SOFTWARE: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
6.4 SERVICES
6.4.1 SERVICES TO CONTRIBUTE TO SUCCESSFUL DEVELOPMENT, DEPLOYMENT, AND OPERATION OF ADVANCED URBAN AND RURAL INFRASTRUCTURE
FIGURE 24 MANAGED SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 29 SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 30 SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 31 SERVICES: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 32 SERVICES: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
6.4.2 PROFESSIONAL SERVICES
FIGURE 25 CONSULTING & IMPLEMENTATION SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 33 SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 34 SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 35 PROFESSIONAL SERVICES: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 36 PROFESSIONAL SERVICES: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
6.4.2.1 Consulting & implementation
TABLE 37 CONSULTING & IMPLEMENTATION: SMART INFRASTRUCTURE SERVICES MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 38 CONSULTING & IMPLEMENTATION: SMART INFRASTRUCTURE SERVICES MARKET, BY REGION, 2024–2029 (USD BILLION)
6.4.2.2 Support & maintenance
TABLE 39 SUPPORT & MAINTENANCE: SMART INFRASTRUCTURE SERVICES MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 40 SUPPORT & MAINTENANCE: SMART INFRASTRUCTURE SERVICES MARKET, BY REGION, 2024–2029 (USD BILLION)
6.4.2.3 Training & education
TABLE 41 TRAINING & EDUCATION: SMART INFRASTRUCTURE SERVICES MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 42 TRAINING & EDUCATION: SMART INFRASTRUCTURE SERVICES MARKET, BY REGION, 2024–2029 (USD BILLION)
6.4.3 MANAGED SERVICES
TABLE 43 MANAGED SERVICES: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 44 MANAGED SERVICES: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7 SMART INFRASTRUCTURE MARKET, BY FOCUS AREA
7.1 INTRODUCTION
FIGURE 26 SMART HEALTHCARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 45 SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 46 SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
7.1.1 FOCUS AREAS: SMART INFRASTRUCTURE MARKET DRIVERS
7.2 SMART TRANSPORTATION
7.2.1 NEED TO ENHANCE EFFICIENCY, SAFETY, AND SUSTAINABILITY IN URBAN AND RURAL ENVIRONMENTS TO FUEL DEMAND FOR SMART TRANSPORTATION
TABLE 47 SMART TRANSPORTATION: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 48 SMART TRANSPORTATION: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.3 SMART BUILDINGS
7.3.1 SMART BUILDINGS TO LEVERAGE INTERCONNECTED SYSTEMS TO OPTIMIZE ENERGY CONSUMPTION, REDUCE OPERATIONAL COSTS, AND ENHANCE OCCUPANT COMFORT AND PRODUCTIVITY
TABLE 49 SMART BUILDINGS: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 50 SMART BUILDINGS: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.4 SMART UTILITIES
7.4.1 SMART UTILITIES TO CREATE MORE RESILIENT AND SUSTAINABLE URBAN ENVIRONMENTS BY PROMOTING ENERGY EFFICIENCY, REDUCING WASTE, AND MITIGATING ENVIRONMENTAL IMPACT
TABLE 51 SMART UTILITIES: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 52 SMART UTILITIES: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.5 SMART HEALTHCARE
7.5.1 SMART HEALTHCARE SOLUTIONS TO HELP ORGANIZATIONS MANAGE VARIOUS BOTTLENECKS IN CAREGIVING AND BRIDGE GAP BETWEEN PATIENTS AND CARE PROVIDERS
TABLE 53 SMART HEALTHCARE: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 54 SMART HEALTHCARE: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.6 SMART HOSPITALITY
7.6.1 INCREASING NEED TO ENHANCE GUEST EXPERIENCES, STREAMLINE OPERATIONS, AND IMPROVE OVERALL EFFICIENCY TO DRIVE MARKET
TABLE 55 SMART HOSPITALITY: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 56 SMART HOSPITALITY: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.7 SMART AGRICULTURE
7.7.1 SMART AGRICULTURE TO ENHANCE RESOURCE MANAGEMENT, SUSTAINABILITY, AND DATA-DRIVEN DECISION-MAKING
TABLE 57 SMART AGRICULTURE: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 58 SMART AGRICULTURE: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.8 SMART MANUFACTURING
7.8.1 GROWING NEED TO REDUCE ENERGY CONSUMPTION, MINIMIZE WASTE, AND OPTIMIZE RESOURCE UTILIZATION TO DRIVE MARKET
TABLE 59 SMART MANUFACTURING: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 60 SMART MANUFACTURING: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.9 SMART GOVERNMENT
7.9.1 SMART GOVERNMENTS TO SPUR ADOPTION OF SMART TECHNOLOGIES BY ALLOCATING FUNDS AND OFFERING FINANCIAL INCENTIVES
TABLE 61 SMART GOVERNMENT: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 62 SMART GOVERNMENT: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
7.10 OTHER FOCUS AREAS
TABLE 63 OTHER FOCUS AREAS: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 64 OTHER FOCUS AREAS: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
8 SMART INFRASTRUCTURE MARKET, BY END USER
8.1 INTRODUCTION
FIGURE 27 INDUSTRIAL SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 65 SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 66 SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
8.1.1 END USERS: SMART INFRASTRUCTURE MARKET DRIVERS
8.2 COMMERCIAL
8.2.1 NEED TO ENHANCE OPERATIONAL EFFICIENCY, IMPROVE CUSTOMER EXPERIENCE, AND DRIVE SUSTAINABILITY TO PROPEL MARKET
TABLE 67 COMMERCIAL: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 68 COMMERCIAL: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
8.3 RESIDENTIAL
8.3.1 SMART INFRASTRUCTURE IN RESIDENTIAL INDUSTRY TO ENHANCE QUALITY OF LIFE AND FOCUS ON AUTOMATION, CONNECTIVITY, AND ENERGY EFFICIENCY
TABLE 69 RESIDENTIAL: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 70 RESIDENTIAL: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
8.4 INDUSTRIAL
8.4.1 SMART INFRASTRUCTURE TO ENHANCE EFFICIENCY, SAFETY, AND SUSTAINABILITY IN INDUSTRIAL OPERATIONS
TABLE 71 INDUSTRIAL: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 72 INDUSTRIAL: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
8.5 GOVERNMENT & DEFENSE
8.5.1 GROWTH IN DIGITALIZATION, INCREASING CONNECTIVITY, AND INNOVATION TO BOOST DEMAND FOR SMART INFRASTRUCTURE IN GOVERNMENT & DEFENSE SECTORS
TABLE 73 GOVERNMENT & DEFENSE: SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 74 GOVERNMENT & DEFENSE: SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
9 SMART INFRASTRUCTURE MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 28 SMART INFRASTRUCTURE MARKET: REGIONAL SNAPSHOT, 2024
FIGURE 29 ASIA PACIFIC TO ACCOUNT FOR HIGHEST CAGR DURING FORECAST PERIOD
TABLE 75 SMART INFRASTRUCTURE MARKET, BY REGION, 2019–2023 (USD BILLION)
TABLE 76 SMART INFRASTRUCTURE MARKET, BY REGION, 2024–2029 (USD BILLION)
9.2 NORTH AMERICA
FIGURE 30 NORTH AMERICA: MARKET SNAPSHOT
9.2.1 NORTH AMERICA: SMART INFRASTRUCTURE MARKET DRIVERS
9.2.2 NORTH AMERICA: RECESSION IMPACT
TABLE 77 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 78 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 79 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 80 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 81 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 82 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 83 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 84 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 85 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 86 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
TABLE 87 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY COUNTRY, 2019–2023 (USD BILLION)
TABLE 88 NORTH AMERICA: SMART INFRASTRUCTURE MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
9.2.3 US
9.2.3.1 Rapid urbanization, technological advancements, and governmental initiatives to propel market
TABLE 89 US: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 90 US: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 91 US: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 92 US: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 93 US: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 94 US: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 95 US: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 96 US: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 97 US: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 98 US: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
9.2.4 CANADA
9.2.4.1 Increasing investments & partnerships and implementation of IoT technologies to improve and optimize business processes to drive market
TABLE 99 CANADA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 100 CANADA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 101 CANADA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 102 CANADA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 103 CANADA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 104 CANADA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 105 CANADA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 106 CANADA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 107 CANADA: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 108 CANADA: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
9.3 EUROPE
9.3.1 EUROPE: SMART INFRASTRUCTURE MARKET DRIVERS
9.3.2 EUROPE: RECESSION IMPACT
TABLE 109 EUROPE: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 110 EUROPE: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 111 EUROPE: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 112 EUROPE: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 113 EUROPE: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 114 EUROPE: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 115 EUROPE: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 116 EUROPE: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 117 EUROPE: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 118 EUROPE: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
TABLE 119 EUROPE: SMART INFRASTRUCTURE MARKET, BY COUNTRY, 2019–2023 (USD BILLION)
TABLE 120 EUROPE: SMART INFRASTRUCTURE MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
9.3.3 UK
9.3.3.1 Growing need for smart infrastructure solutions to fuel demand for smart infrastructure solutions
TABLE 121 UK: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 122 UK: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 123 UK: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 124 UK: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 125 UK: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 126 UK: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 127 UK: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 128 UK: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 129 UK: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 130 UK: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
9.3.4 GERMANY
9.3.4.1 Technological advancements, government initiatives, and increasing urbanization to spur market growth
TABLE 131 GERMANY: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 132 GERMANY: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 133 GERMANY: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 134 GERMANY: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 135 GERMANY: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 136 GERMANY: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 137 GERMANY: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 138 GERMANY: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 139 GERMANY: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 140 GERMANY: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
9.3.5 ITALY
9.3.5.1 Increasing digital transformation and focus on 5G & fiber development to accelerate market growth
9.3.6 FRANCE
9.3.6.1 Rising focus on efficiency, sustainability, and quality of life to boost demand for smart infrastructure solutions
9.3.7 REST OF EUROPE
9.4 ASIA PACIFIC
FIGURE 31 ASIA PACIFIC: MARKET SNAPSHOT
9.4.1 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET DRIVERS
9.4.2 ASIA PACIFIC: RECESSION IMPACT
TABLE 141 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 142 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 143 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 144 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 145 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 146 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 147 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 148 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 149 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 150 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
TABLE 151 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY COUNTRY, 2019–2023 (USD BILLION)
TABLE 152 ASIA PACIFIC: SMART INFRASTRUCTURE MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
9.4.3 CHINA
9.4.3.1 Need for integrating advanced technologies with traditional infrastructure domains to foster market growth
TABLE 153 CHINA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 154 CHINA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 155 CHINA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 156 CHINA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 157 CHINA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 158 CHINA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 159 CHINA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 160 CHINA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 161 CHINA: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 162 CHINA: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
9.4.4 JAPAN
9.4.4.1 Deployment of 5G technology and increasing demand for seamless connectivity within urban environments to drive market
TABLE 163 JAPAN: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 164 JAPAN: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 165 JAPAN: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 166 JAPAN: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 167 JAPAN: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 168 JAPAN: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 169 JAPAN: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 170 JAPAN: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 171 JAPAN: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 172 JAPAN: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
9.4.5 INDIA
9.4.5.1 Increasing urbanization, government initiatives, and technological advancements to propel market
TABLE 173 INDIA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2019–2023 (USD BILLION)
TABLE 174 INDIA: SMART INFRASTRUCTURE MARKET, BY OFFERING, 2024–2029 (USD BILLION)
TABLE 175 INDIA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2019–2023 (USD BILLION)
TABLE 176 INDIA: SMART INFRASTRUCTURE MARKET, BY SERVICE, 2024–2029 (USD BILLION)
TABLE 177 INDIA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD BILLION)
TABLE 178 INDIA: SMART INFRASTRUCTURE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD BILLION)
TABLE 179 INDIA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2019–2023 (USD BILLION)
TABLE 180 INDIA: SMART INFRASTRUCTURE MARKET, BY FOCUS AREA, 2024–2029 (USD BILLION)
TABLE 181 INDIA: SMART INFRASTRUCTURE MARKET, BY END USER, 2019–2023 (USD BILLION)
TABLE 182 INDIA: SMART INFRASTRUCTURE MARKET, BY END USER, 2024–2029 (USD BILLION)
9.4.6 REST OF ASIA PACIFIC
