The Infrastructure Monitoring Global Market Report 2023, provides comprehensive information on the infrastructure monitoring market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global infrastructure monitoring market size is expected to grow from $4.85 billion in 2022 to $5.39 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global infrastructure monitoring market size is expected to grow to $8.46 billion in 2027 at a CAGR of 11.9%.
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Product innovations are a key trend gaining popularity in the infrastructure monitoring market. Major companies operating in the infrastructure monitoring market are introducing innovative products to sustain their position in the market. For instance, in February 2022, New Relic, a US-based software company, introduced New Relic One platform to proactively identify and resolve issues in organizations’ public, private and hybrid cloud infrastructure. New Relic One platform allows engineers to analyze all relevant telemetry such as logs, events, alerts, network sand others in context, visualize blast radius with topology maps and perform historical analysis to understand cascading impacts. It also enables engineers to quickly isolate bottlenecks by filtering and sorting based on golden signal conditions.
The infrastructure monitoring market is segmented:
1) By Component: Software, Hardware, Services
2) By Technology: Wired, Wireless
3) By Application: Corrosion Monitoring, Crack Detection, Damage Detection, Hotspot Monitoring, Impact Monitoring, Multimodal Sensing, State Sensing, Strain Monitoring, Structural Health Monitoring And Non-Destructive Testing
4) By End-User Industry: Mining, Aerospace And Defense, Civil Infrastructure, Energy, Other End-User Industries
North America was the largest region in the infrastructure monitoring market in 2022.
The table of contents in TBRC’s infrastructure monitoring market report includes:
- Executive Summary
- Infrastructure Monitoring Market Characteristics
- Infrastructure Monitoring Market Trends And Strategies
- Infrastructure Monitoring Market – Macro Economic Scenario
- Infrastructure Monitoring Market Size And Growth
- Infrastructure Monitoring Market Segmentation
- Infrastructure Monitoring Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Infrastructure Monitoring Market
- Infrastructure Monitoring Market Future Outlook and Potential Analysis
- Appendix
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