GITNUX MARKETDATA REPORT 2024

Infrastructure Monitoring Industry Statistics

The global infrastructure monitoring industry is expected to witness significant growth in the coming years, driven by increasing investments in smart infrastructure, government initiatives for digital transformation, and the adoption of advanced monitoring technologies.

Last Updated: June 23, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we will explore the latest trends and statistics in the infrastructure monitoring industry. From enhanced data analytics to the impact of IoT and government initiatives, the market is witnessing significant growth and evolution. Dive into the numbers behind sensor-based monitoring systems, the role of smart city projects, and the increasing adoption of cloud-based solutions and AI integration. Stay tuned to discover how infrastructure monitoring is shaping various sectors and driving efficiency and cost savings worldwide.

Statistic 1

"Enhanced data analytics in infrastructure monitoring is expected to grow by 18% CAGR through 2028."

Statistic 2

"Sensor-based monitoring systems account for approximately 45% of market revenue."

Statistic 3

"Government initiatives on smart city projects are a major driver for the infrastructure monitoring industry."

Statistic 4

"The incorporation of IoT in infrastructure monitoring is projected to boost market growth by 22% annually until 2028."

Statistic 5

"Over 60% of organizations implementing infrastructure monitoring report improved asset lifespan."

Statistic 6

"The global infrastructure monitoring market was valued at approximately $2.5 billion in 2020."

Statistic 7

"The energy sector is anticipated to witness significant growth in the adoption of infrastructure monitoring solutions."

Statistic 8

"The infrastructure monitoring market is projected to grow at a CAGR of 15.6% from 2021 to 2028."

Statistic 9

"The transportation infrastructure sector holds a 25% share of the infrastructure monitoring market."

Statistic 10

"North America held the largest share of the infrastructure monitoring market in 2020, with more than 35% of the market."

Statistic 11

"The railway infrastructure monitoring segment holds a 15% market share."

Statistic 12

"The Asia-Pacific region is expected to have the highest growth rate in the infrastructure monitoring market from 2021 to 2028."

Statistic 13

"Infrastructure monitoring reduces maintenance costs by up to 30%."

Statistic 14

"Drones used in infrastructure monitoring can reduce inspection times by 40%."

Statistic 15

"The application of cloud-based infrastructure monitoring solutions is increasing at a CAGR of 20%."

Statistic 16

"Wireless sensor networks are anticipated to drive the most growth in the infrastructure monitoring market."

Statistic 17

"Real-time data monitoring solutions account for a 20% market share."

Statistic 18

"The construction industry’s use of infrastructure monitoring is projected to increase by 5% annually."

Statistic 19

"Predictive maintenance facilitated by infrastructure monitoring can reduce equipment downtime by 50%."

Statistic 20

"Infrastructure monitoring solutions are increasingly integrating AI, growing by 21% CAGR."

The statistics paint a promising picture for the infrastructure monitoring industry, with significant growth projected across various sectors and regions. Enhanced data analytics and the incorporation of IoT are set to drive market expansion, while government initiatives on smart city projects are acting as key drivers. The effectiveness of infrastructure monitoring is evident in the reported improvements in asset lifespan and reduction in maintenance costs. With the application of advanced technologies like drones, AI, and cloud-based solutions, coupled with the rise of wireless sensor networks, the industry is poised for further innovation and efficiency gains. As different sectors increasingly adopt infrastructure monitoring solutions, the market is expected to witness sustained growth, making it a lucrative and impactful field to watch in the coming years.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.