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The infrastructure monitoring market share is expected to increase by USD 10.48 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.76%.
This infrastructure monitoring market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers infrastructure monitoring market segmentations by technology (wireless and wired) and geography (Europe, North America, APAC, MEA, and South America). The infrastructure monitoring market report also offers information on several market vendors, including Acellent Technologies Inc., Campbell Scientific Inc., GEOKON LLC, Mistras Group Inc., National Instruments Corp., Sixense Group, Spectris Plc, Structural Monitoring Systems plc, Toshiba Corp., and Xylem Inc. among others.
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The rise in global construction and infrastructure development activities is notably driving the infrastructure monitoring market growth, although factors such as vulnerability to cyberattacks may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the infrastructure monitoring industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Infrastructure Monitoring Market Driver
The rise in global construction and infrastructure development activities is one of the key drivers supporting the infrastructure monitoring market growth. The growing demand for public infrastructure in emerging economies, such as India and China, is contributing to the growth of the construction industry in these economies. Many new hospitals, educational institutions, stadiums, indoor sports complexes, malls, and mega shopping centers have been built in the last few years because of the growing population and the increasing per capita income of individuals. Various government initiatives and major investments in new projects have further boosted the growth of the construction industry. Such initiatives from the government will boost the market growth during the forecast period.
Key Infrastructure Monitoring Market Trend
Adoption of automation and standardization in the maintenance and repair of civil infrastructure is another factor supporting the infrastructure monitoring market growth. As the structural health monitoring systems become complex, there are new avenues for integrated technologies, which help in collating the hardware, i.e., sensors, communication modules, and data acquisition systems, where software is used to analyze the received monitoring data. The integration approach is the best tool for structural health monitoring because it is impossible to monitor the complete health of a structure using only a single technique. Therefore, many key players are focusing on developing cost-efficient infrastructural monitoring solutions, in which electrical, magnetic, thermal, and other several technologies are integrated to offer more accurate results. These factors are more likely to increase the adoption of infrastructural monitoring systems during the forecast period
Key Infrastructure Monitoring Market Challenge
The vulnerability to cyberattacks is hindering the infrastructure monitoring market growth. Although automated systems significantly improve the productivity and efficiency of industrial processes, they are also susceptible to high-security threats, particularly cyberattacks. Cyberthreats are increasing in number, and hackers are devising new methodologies to gain access to critical information with the introduction of ransomware and distributed denial of service (DDoS) attacks. Ransomware attacks help hackers target systems that are deemed important for a particular party and demand ransom in return from the concerned party. Although such instances make suppliers and end-users of automation systems improve security measures to combat cyberattacks, the emergence of new technologies for cybercrimes has put infrastructure monitoring at high risk. Such threats are hampering the adoption of infrastructure monitoring in various industries
This infrastructure monitoring market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the infrastructure monitoring market as a part of the global information technology spending market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the infrastructure monitoring market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the infrastructure monitoring market encompasses successful business strategies deployed by the key vendors. The infrastructure monitoring market is fragmented and the vendors are deploying growth strategies such as offering differentiated products through customized products and services to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The infrastructure monitoring market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the infrastructure monitoring market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the information technology spending market includes the following core components:
The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.
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29% of the market's growth will originate from Europe during the forecast period. Germany and the UK are the key markets for the infrastructure monitoring market in Europe. Market growth in this region will be faster than the growth of the market in South America.
The government expenditure on the expansion of regional railway infrastructure will facilitate the infrastructure monitoring market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 had a negative impact on the infrastructure monitoring market in Europe in 2020. Most countries in the region, including Germany, Russia, Italy, France, and Spain, were severely hit due to the outbreak and witnessed a high number of COVID-19-associated fatalities in the first half of 2020. However, the demand for construction has been increasing gradually since Q1 2021, as the region is normalizing its economic activities, such as reopening manufacturing plants and restoring construction projects. Thus, these factors are expected to drive the growth of the regional infrastructure monitoring market during the forecast period.
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The infrastructure monitoring market share growth by the segments.1 segment will be significant during the forecast period. The wireless segment captured the highest share of the global infrastructure monitoring market in 2021. This is attributed to the growing adoption of wireless sensor networks in an infrastructure monitoring system in various infrastructures. It is highly preferred over the wired system due to its ease of maintenance. Also, it provides some major benefits such as total awareness, lower maintenance costs, easy deployment, scalability, and less downtime. These factors will ultimately propel the growth of the market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the infrastructure monitoring market size and actionable market insights on post COVID-19 impact on each segment.
Cloud Infrastructure Services market - The market share is expected to increase by USD 143.62 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 11.7%.
South Korea Virtual Desktop Infrastructure (VDI) market - The market share is expected to increase by USD 462.39 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 14.67%.
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Infrastructure Monitoring Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 9.76% |
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Market growth 2022-2026 |
$ 10.48 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
8.94 |
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Regional analysis |
Europe, North America, APAC, MEA, and South America |
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Performing market contribution |
Europe at 29% |
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Key consumer countries |
US, Germany, China, UK, and Japan |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Acellent Technologies Inc., Campbell Scientific Inc., GEOKON LLC, Mistras Group Inc., National Instruments Corp., Sixense Group, Spectris Plc, Structural Monitoring Systems plc, Toshiba Corp., and Xylem Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
***1. Executive Summary
**1.1 Market Overview
*Exhibit 01: Key Finding 1
*Exhibit 02: Key Finding 2
*Exhibit 03: Key Finding 3
*Exhibit 04: Key Finding 5
*Exhibit 05: Key Finding 6
*Exhibit 06: Key Finding 7
*Exhibit 07: Key Finding 8
***2. Market Landscape
**2.1 Market ecosystem
*2.1.1 Parent Market
*Exhibit 08: Parent market
*Exhibit 09: Market characteristics
**2.2 Value Chain Analysis
***3. Market Sizing
**3.1 Market definition
*Exhibit 10: Offerings of vendors included in the market definition
**3.2 Market segment analysis
*Exhibit 11: Market segments
**3.3 Market size 2021
**3.4 Market outlook: Forecast for 2021 - 2026
*Exhibit 12: Global - Market size and forecast 2021 - 2026 ($ million)
*Exhibit 13: Global market: Year-over-year growth 2021 - 2026 (%)
***4. Five Forces Analysis
**4.1 Five Forces Summary
*Exhibit 14: Five forces analysis 2021 - 2026
**4.2 Bargaining power of buyers
*Exhibit 15: Bargaining power of the buyer
**4.3 Bargaining power of suppliers
*Exhibit 16: Bargaining power of the supplier
**4.4 Threat of new entrants
*Exhibit 17: Threat of new entrants
**4.5 Threat of substitutes
*Exhibit 18: Threat of substitutes
**4.6 Threat of rivalry
*Exhibit 19: Threat of rivalry
**4.7 Market condition
*Exhibit 20: Market condition - Five forces 2021
***5. Market Segmentation by Technology
**5.1 Market segments
*Exhibit 21: Technology Market share 2021 - 2026 (%)
**5.2 Comparison by Technology
*Exhibit 22: Comparison by Technology
**5.3 Wireless - Market size and forecast 2021-2026
*Exhibit 23: Wireless - Market size and forecast 2021-2026 ($ million)
*Exhibit 24: Wireless - Year-over-year growth 2021-2026 (%)
**5.4 Wired - Market size and forecast 2021-2026
*Exhibit 25: Wired - Market size and forecast 2021-2026 ($ million)
*Exhibit 26: Wired - Year-over-year growth 2021-2026 (%)
**5.5 Market opportunity by Technology
*Exhibit 27: Market opportunity by Technology
***6. Customer landscape
*Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
**6.1 Overview
*Exhibit 28: Customer landscape
***7. Geographic Landscape
**7.1 Geographic segmentation
*Exhibit 29: Market share by geography 2021-2026 (%)
**7.2 Geographic comparison
*Exhibit 30: Geographic comparison
**7.3 Europe - Market size and forecast 2021-2026
*Exhibit 31: Europe - Market size and forecast 2021-2026($ million)
*Exhibit 32: Europe - Year-over-year growth 2021-2026 (%)
**7.4 North America - Market size and forecast 2021-2026
*Exhibit 34: North America - Market size and forecast 2021-2026 ($ million)
*Exhibit 34: North America - Year-over-year growth 2021-2026(%)
**7.5 APAC - Market size and forecast 2021-2026
*Exhibit 35: APAC - Market size and forecast 2021-2026 ($ million)
*Exhibit 36: APAC - Year-over-year growth 2021-2026 (%)
**7.6 MEA - Market size and forecast 2021-2026
*Exhibit 37: MEA - Market size and forecast 2021-2026 ($ million)
*Exhibit 38: MEA - Year-over-year growth 2021-2026 (%)
**7.7 South America - Market size and forecast 2021-2026
*Exhibit 39: South America - Market size and forecast 2021-2026 ($ million)
*Exhibit 40: South America - Year-over-year growth 2021-2026 (%)
**7.8 Key leading countries
*Exhibit 41: Key leading countries
**7.9 Market opportunity by geography
*Exhibit 42: Market opportunity by geography ($ million)
***8. Drivers, Challenges, and Trends
**8.1 Market drivers
*8.1.1 Rise in global construction and infrastructure development activities
*8.1.2 Surging capital investments in structural health monitoring
*8.1.3 Aging infrastructure and superior benefits associated with infrastructure monitoring
**8.2 Market challenges
*8.2.1 Vulnerability to cyberattacks
*8.2.2 High installation costs of the systems
*8.2.3 Lack of skilled technicians and professionals for deployment and calibration
*Exhibit 43: Impact of drivers and challenges
**8.3 Market trends
*8.3.1 Adoption of automation and standardization in the maintenance and repair of civil infrastructure
*8.3.2 Thriving IT and telecommunications industry
*8.3.3 Rising incidences of catastrophic failure of infrastructure in recent years
***9. Vendor Landscape
**9.1 Competitive Scenario
**9.2 Overview
*Exhibit 44: Vendor landscape
**9.3 Landscape disruption
*Exhibit 45: Landscape disruption
*Exhibit 46: Industry Risk
***10. Vendor Analysis
**10.1 Vendors covered
*Exhibit 47: Vendors covered
**10.2 Market positioning of vendors
*Exhibit 48: ?Market positioning of vendors?
**10.3 Acellent Technologies Inc.
*Exhibit 49: Acellent Technologies Inc. - Overview
*Exhibit 50: Acellent Technologies Inc. - Product and service
*Exhibit 51: Acellent Technologies Inc. - Key offerings
**10.4 Campbell Scientific Inc.
*Exhibit 52: Campbell Scientific Inc. - Overview
*Exhibit 53: Campbell Scientific Inc. - Product and service
*Exhibit 54: Campbell Scientific Inc. - Key offerings
**10.5 GEOKON LLC
*Exhibit 55: GEOKON LLC - Overview
*Exhibit 56: GEOKON LLC - Product and service
*Exhibit 57: GEOKON LLC - Key offerings
**10.6 Mistras Group Inc.
*Exhibit 58: Mistras Group Inc. - Overview
*Exhibit 59: Mistras Group Inc. - Business segments
*Exhibit 60: Mistras Group Inc. - Key offerings
*Exhibit 61: Mistras Group Inc. - Segment focus
**10.7 National Instruments Corp.
*Exhibit 62: National Instruments Corp. - Overview
*Exhibit 63: National Instruments Corp. - Business segments
*Exhibit 64: National Instruments Corp.- Key news
*Exhibit 65: National Instruments Corp. - Key offerings
*Exhibit 66: National Instruments Corp. - Segment focus
**10.8 Sixense Group
*Exhibit 67: Sixense Group - Overview
*Exhibit 68: Sixense Group - Product and service
*Exhibit 69: Sixense Group - Key offerings
**10.9 Spectris Plc
*Exhibit 70: Spectris Plc - Overview
*Exhibit 71: Spectris Plc - Business segments
*Exhibit 72: Spectris Plc- Key news
*Exhibit 73: Spectris Plc - Key offerings
*Exhibit 74: Spectris Plc - Segment focus
**10.10 Structural Monitoring Systems plc
*Exhibit 75: Structural Monitoring Systems plc - Overview
*Exhibit 76: Structural Monitoring Systems plc - Business segments
*Exhibit 77: Structural Monitoring Systems plc - Key offerings
*Exhibit 78: Structural Monitoring Systems plc - Segment focus
**10.11 Toshiba Corp.
*Exhibit 79: Toshiba Corp. - Overview
*Exhibit 80: Toshiba Corp. - Business segments
*Exhibit 81: Toshiba Corp.- Key news
*Exhibit 82: Toshiba Corp. - Key offerings
*Exhibit 83: Toshiba Corp. - Segment focus
**10.12 Xylem Inc.
*Exhibit 84: Xylem Inc. - Overview
*Exhibit 85: Xylem Inc. - Business segments
*Exhibit 86: Xylem Inc. - Key offerings
*Exhibit 87: Xylem Inc. - Segment focus
***11. Appendix
**11.1 Scope of the report
*11.1.1 ????Market definition
*11.1.2 ????Objectives
*11.1.3 ????Notes and caveats
**11.2 Currency conversion rates for US$
*Exhibit 88: ?Currency conversion rates for US$?
**11.3 Research Methodology
*Exhibit 89: ?Research Methodology
*Exhibit 90: ??Validation techniques employed for market sizing?
*Exhibit 91: ??Information sources
**11.4 List of abbreviations
*Exhibit 92: List of abbreviations
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