Global Infrastructure Monitoring Market 2024-2028
Infrastructure Monitoring Market 2024-2028
The infrastructure monitoring market is forecasted to grow by USD 9402.7 mn during 2023-2028, accelerating at a CAGR of 8.9% during the forecast period. The report on the infrastructure monitoring market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in global construction and infrastructure development activities, surging capital investments in structural health monitoring, and aging infrastructure and superior benefits associated with infrastructure monitoring.
Technavio's infrastructure monitoring market is segmented as below:
By Technology
By Geographical Landscape
- Europe
- North America
- APAC
- Middle East and Africa
- South America
This study identifies the adoption of automation and standardization in maintenance and repair of civil infrastructure as one of the prime reasons driving the infrastructure monitoring market growth during the next few years. Also, thriving it and telecommunications industry and rising incidences of catastrophic failure of infrastructure in recent years will lead to sizable demand in the market.
The report on the infrastructure monitoring market covers the following areas:
- Infrastructure Monitoring Market sizing
- Infrastructure Monitoring Market forecast
- Infrastructure Monitoring Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading infrastructure monitoring market vendors that include Acellent Technologies Inc., AES Engineering, Campbell Scientific Inc., Digitexx Systems Ltd., Emerson Electric Co., Geocomp Corp., GEOKON LLC, Geomotion Singapore Pte. Ltd., Mabey Holdings Ltd., Mistras Group Inc., Monnit Corp., Nova Ventures Group Corp., OYO Corp., RST Instruments Ltd., Sisgeo S.r.l., Sixense Group, Spectris Plc, STRUCTURAL MONITORING SYSTEMS plc, Toshiba Corp., and Xylem Inc.. Also, the infrastructure monitoring market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.