The smart infrastructure market was valued at US$ 845.3 billion in 2024 and is projected to reach US$ 2,745.9 billion by 2031; it is expected to register a CAGR of 18.3% during 2025–2031
The report is segmented based on Offering (Products, and Services), Component (Smart Energy Management System, Smart Parking Management Solutions, Smart Safety & Security Systems, Smart Waste Management Solutions, and Others), End-user (Residential, and Non-residenital). The global analysis is further broken down at the regional level and major countries. The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the Report
The report Smart Infrastructure Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Smart Infrastructure Market Segmentation
Offering
- Products
- Services
Component
- Smart Energy Management System
- Smart Parking Management Solutions
- Smart Safety & Security Systems
- Smart Waste Management Solutions
End-User
- Residential
- Non-residenital
Geography
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
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Smart Infrastructure Market: Strategic Insights

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Smart Infrastructure Market Growth Drivers
- Urbanization and Population Growth: Rapid urbanization and increasing population density are creating significant pressure on existing infrastructure. Smart infrastructure solutions can help address challenges such as traffic congestion, energy consumption, and environmental pollution.
- Advancements in Technology: Advancements in technologies such as IoT, AI, Big Data, and 5G are enabling the development of more sophisticated and interconnected smart infrastructure solutions.
- Focus on Sustainability: Growing concerns about climate change and environmental sustainability are driving the demand for sustainable infrastructure solutions that can reduce energy consumption, minimize environmental impact, and improve resource efficiency.
Smart Infrastructure Market Future Trends
- Artificial Intelligence (AI) and Machine Learning (ML): AI/ML will play a crucial role in optimizing smart infrastructure operations, predicting maintenance needs, and improving overall efficiency.
- Digital Twins: The development of digital twins of physical infrastructure assets will enable real-time monitoring, predictive maintenance, and improved decision-making.
- Edge Computing: Edge computing will enable real-time data processing and control at the edge of the network, improving the responsiveness and efficiency of smart infrastructure systems.
Smart Infrastructure Market Opportunities
- Smart Cities: The development of smart cities will create significant opportunities for the deployment of smart infrastructure solutions, including smart transportation, smart buildings, and smart grids.
- Infrastructure Resilience: Smart infrastructure solutions can enhance the resilience of critical infrastructure systems to natural disasters and other disruptions.
- New Revenue Streams: Smart infrastructure solutions can create new revenue streams through data monetization, value-added services, and innovative business models.
Smart Infrastructure Market Regional Insights
The regional trends and factors influencing the Smart Infrastructure Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Smart Infrastructure Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

- Get the Regional Specific Data for Smart Infrastructure Market
Smart Infrastructure Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 845.3 billion |
Market Size by 2031 | US$ 2,745.9 billion |
Global CAGR (2025 - 2031) | 18.3% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Offering
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Smart Infrastructure Market Players Density: Understanding Its Impact on Business Dynamics
The Smart Infrastructure Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Smart Infrastructure Market are:
- Aclara Technologies LLC
- Brindely Technologies
- Saviant Consulting
- AVEVA Group PLC
- Sensus
- Industrial Management Technology & Contracting (imtac) LLC
Disclaimer: The companies listed above are not ranked in any particular order.

- Get the Smart Infrastructure Market top key players overview
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Smart Infrastructure Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Smart Infrastructure Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
Frequently Asked Questions
What is the expected CAGR of the Smart Infrastructure Market?
Smart Infrastructure Market is expected to grow at a CAGR of 18.3% between 2025-2031
What are the future trends of the Smart Infrastructure Market?
The future trends of the Smart Infrastructure Market are: Artificial Intelligence (AI) and Machine Learning (ML), Digital Twins and Edge Computing
Which are the leading players operating in the Smart Infrastructure Market?
The leading players are: Aclara Technologies LLC, Brindely Technologies, Saviant Consulting, AVEVA Group PLC, Sensus, Industrial Management Technology Contracting imtac LLC, ABB Ltd, Honeywell International, Schneider Electric
What are the options available for the customization of this report?
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
What are the deliverable formats of the Smart Infrastructure Market report?
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
What are the driving factors impacting the Smart Infrastructure Market?
The driving factors impacting the Smart Infrastructure Market are: Urbanization and Population Growth, Advancements in Technology and Focus on Sustainability
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The List of Companies
1. Aclara Technologies LLC
2. Brindely Technologies
3. Saviant Consulting
4. AVEVA Group PLC
5. Sensus
6. Industrial Management Technology & Contracting (imtac) LLC
7. ABB Ltd
8. Honeywell International
9. Schneider Electric
10. Johnson Controls


