Press Release

Smart Infrastructure Market is expected to grow at a CAGR of 17.72% through 2030F

The Global Smart Infrastructure Market is expected to be led by North America, driven by advanced technological adoption, strong government initiatives, and large-scale smart city and infrastructure projects, during the forecast period 2026-2030F


According to TechSci Research report, “Smart Infrastructure Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F, The Global Smart Infrastructure Market was valued at USD 805.52 Billion in 2024 and is expected to reach USD 2143.29 Billion by 2030 with a CAGR of 17.72% through 2030.

The shift toward sustainability and carbon reduction has made smart infrastructure indispensable. Climate change, resource scarcity, and environmental degradation are forcing governments and corporations to rethink how they build and manage infrastructure. Smart technologies provide tangible solutions: smart grids enable renewable energy integration, smart water systems detect leaks to minimize wastage, and intelligent waste management reduces landfill contributions. Such systems help cities and businesses meet international climate commitments while reducing operational costs. The International Energy Agency highlights that energy efficiency measures could deliver more than 40 percent of the greenhouse gas emission reductions needed by 2040. This indicates that smart infrastructure—through optimized energy systems, leak detection, and reduced wastage—can make a decisive contribution to global climate targets while reducing long-term operating costs.

Smart infrastructure strengthens resilience to climate risks. For example, flood sensors and predictive analytics can warn authorities before extreme weather events disrupt services. Similarly, smart transportation systems can reduce vehicle emissions by optimizing traffic flow and promoting electric vehicle adoption. As sustainability becomes embedded in corporate strategies and national policies, the adoption of smart infrastructure will accelerate globally, positioning it as a central pillar in achieving environmental and social goals.


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In 2024, the Commercial segment emerged as the fastest-growing End User in the Global Smart Infrastructure Market, reflecting strong adoption of smart technologies in offices, retail spaces, and large-scale commercial complexes. This growth is driven by the increasing need for energy efficiency, cost optimization, and enhanced occupant comfort. Commercial establishments are increasingly deploying smart building solutions, including advanced lighting systems, intelligent heating, ventilation, and air conditioning (HVAC) controls, and integrated security platforms. These technologies not only improve operational efficiency but also help meet sustainability goals, reduce carbon footprints, and comply with stringent environmental regulations.

The rise of Internet of Things-enabled devices and cloud-based building management systems has accelerated digital transformation in commercial spaces. Organizations are investing in predictive maintenance, real-time monitoring, and automation to optimize energy usage, minimize downtime, and enhance workplace safety. Additionally, post-pandemic priorities such as touchless access, indoor air quality monitoring, and adaptive space utilization have further propelled the adoption of smart infrastructure in commercial facilities.

The Commercial segment is expected to maintain its rapid growth trajectory, supported by increasing urbanization, rising corporate sustainability mandates, and continuous technological advancements. The combination of operational efficiency, cost savings, and enhanced user experience ensures that commercial applications will remain a key driver of the global smart infrastructure market.

In 2024, the Asia Pacific region emerged as the fastest-growing market in the Global Smart Infrastructure Market, fueled by rapid urbanization, industrial expansion, and increasing investment in digital infrastructure. Countries such as China, India, Japan, and South Korea are prioritizing smart city initiatives, intelligent transportation networks, and energy-efficient utility systems to address rising population pressures and sustainability challenges. The region benefits from strong governmental support, including policy incentives, public-private partnerships, and large-scale funding for smart infrastructure projects. Technological adoption is further accelerated by the presence of major local and multinational technology providers, driving innovation in Internet of Things, artificial intelligence, and advanced building automation. As urban centers expand and demand for connected infrastructure grows, the Asia Pacific market is poised to sustain its rapid growth trajectory, positioning the region as a key driver of global smart infrastructure development in the forecast period.


Key market players in the Smart Infrastructure Market are: -

  • Microsoft Corporation
  • Siemens AG
  • Cisco Systems, Inc.
  • Honeywell International Inc.
  • Hitachi, Ltd.
  • Schneider Electric SE
  • Huawei Technologies Co., Ltd.
  • ABB Ltd.
  • Johnson Controls International plc
  • Intel Corporation


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“The Global Smart Infrastructure Market is expected to grow rapidly in the coming years, driven by increasing urbanization, rising demand for energy-efficient and sustainable solutions, and widespread adoption of Internet of Things and artificial intelligence technologies. Governments and enterprises are investing heavily in smart transportation, intelligent utilities, and automated buildings to improve operational efficiency, safety, and resource management. Advancements in digital platforms, cloud computing, and predictive analytics will further accelerate adoption. Supportive regulatory frameworks, growing environmental awareness, and partnerships between technology providers and public agencies are set to sustain strong market growth throughout the forecast period.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

“Smart Infrastructure Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Offering (Hardware, Software, Services), By Focus Area (Smart Transportation, Smart Buildings, Smart Healthcare, Smart Utilities, Smart Hospitality, Smart Manufacturing, Smart Agriculture, Smart Government, Others), By End User (Commercial, Residential, Industrial, Government & Defense), By Region, By Competition, 2020-2030F has evaluated the future growth potential of Smart Infrastructure Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Smart Infrastructure Market.

 

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