Posts

Showing posts with the label Smart Infrastructure Market

Smart Infrastructure Market Update 2023: A Valuation of US$ 447.79 Billion Predicted by 2028, exhibiting a CAGR of 22.80% | IMARC Group

Image
 IMARC Group has recently released a new research study titled “ Smart Infrastructure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. How big is the smart infrastructure market? The global smart infrastructure market size reached US$ 121.46 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 447.79 Billion by 2028, exhibiting a growth rate (CAGR) of 22.80% during 2023-2028. What is Smart Infrastructure? Smart Infrastructure refers to the integration of digital technology and analytics into traditional infrastructure elements like transportation, energy, and utilities. Smart Infrastructure Characteristics: One of its most defining characteristics is its ability to enhance efficiency, safety, and sustainability. Through the use of sensors, auto...