Top Smart Infrastructure Companies

Global Smart Infrastructure Market size was valued at USD 151.5 Billion in 2023 and is poised to grow from USD 181.65 Billion in 2024 to USD 775.86 Billion by 2032, growing at a CAGR of 19.9% during the forecast period (2025-2032).

Smart infrastructure providers should focus on improving the efficiency of their offerings and reduce emissions to comply with modern environmental mandates. Use of cleaner fuels to operate smart infrastructures is also slated to be a major opportunity for companies looking to make a mark in the long run. Targeting developing countries such as India, China, and Brazil is slated to be a key strategy for all companies as per this global smart infrastructure market forecast. '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)'

Use of IoT (Internet of Things) sensors and advancements in sensor technologies are expected to have a positive impact on smart infrastructure development. Real-time monitoring, predictive maintenance, and operational automation are all made possible through integration of IoT sensors. These technologies reduce human error and support early detection of wear or failure, thereby extending asset life. With the increasing affordability and sophistication of IoT devices, integration into infrastructure has become economically viable.

High Adoption of Digital Twin Technology: Smart infrastructure companies are expected to heavily leverage digital twin technologies to maximize their business scope going forward. The technology helps create virtual replicas of physical assets like bridges, roads, and buildings to simulate, monitor, and optimize their performance in real time. These digital models help detect potential failures, assess maintenance needs, and improve design accuracy. Hence, this smart infrastructure market trend is expected to be indispensable in the long run.

Why Smart Infrastructure Companies Flock in North America?