April 13, 2024

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

The global smart infrastructure market size was valued at USD 373.11 billion in 2023 and is estimated to reach around USD 2,414.28 billion by 2033 with noteworthy a CAGR of 20.53% from 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.

Smart Infrastructure Market Size 2024 to 2033

Report Summary

The global smart infrastructure market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the smart infrastructure market across the globe.

A comprehensive estimate on the smart infrastructure market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of smart infrastructure during the forecast period. Price point comparison by region with global average price is also considered in the study.

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Smart Infrastructure Market Scope

Report CoverageDetails
Growth Rate from 2024 to 2033CAGR of 20.53%
Global Market Size in 2023USD 373.11 Billion
Global Market Size by 2033USD 2,414.28 Billion
U.S. Market Size in 2023USD 83.58 Billion
U.S. Market Size by 2033USD 540.80 Billion
Base Year2023
Forecast Period2024 to 2033
Segments CoveredBy Offering, By Type, and By End-user
Regions CoveredNorth America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized smart infrastructure market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

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Market Players

The report includes the profiles of key smart infrastructure market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Recent Developments

  • In September 2023, Huawei Technologies Co., Ltd. introduced smart infrastructure solutions, including Intelligent DC OptiX, an ultra-broadband solution, and CloudEngine XH, the AI Computing DCN Switch Series. These offerings are designed to assist enterprises in digitizing their business operations.
  • In August 2023, Honeywell International Inc. announced its provision of City Suite Software for a smart city project managed by Atlanta BeltLine. The project involves redeveloping 22 miles of railroad in the city. The software is intended to assist smart city developers in presenting data from various locations across the entire area in a unified view.

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

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

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

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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