Infrastructure Monitoring Market

Infrastructure Monitoring Market

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Raksha

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Raksha Sharma

Amulya

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Shruti Bhat

The global infrastructure monitoring market size was valued at USD 9.04 Billion in 2022 and is likely to reach USD 16.20 Billion by 2031, expanding at a CAGR of 6.7% during the forecast period, 2023–2031. The market growth is attributed to the increase in demand for developed cities and the rise in security concerns, especially in civil infrastructure.

Infrastructure monitoring is beneficial as it prevents the failure of infrastructural operations. The imbalance in the infrastructure operating system is projected to cause aging infrastructures. This is estimated to affect the success of the companies. Infrastructure monitoring software is designed to manage the infrastructure by inspecting and comparing the information about the infrastructure.

Infrastructure Monitoring Market Outlook

It acts as security and protects the health of the infrastructure by collecting data at regular intervals of time and alerting for any unplanned downtime, and network intrusion, among others. The properties of infrastructure monitoring include detecting problems at the primary stage, processing real-time data, monitoring performance, and making it market efficient.

The report finds that the COVID-19 pandemic moderately affected the growth of the infrastructure monitoring market. Moreover, customer purchasing patterns, changes in consumer behavior & demand, and the interventions of governments have moderately affected the growth of the market.

As a part of preventive measures imposed by governments across countries to curb the virus spread, the prolonged shutdown of factories across industries had plummeted the overall demand for raw materials, manufacturing units, and labor. The downtrend in construction operations and civil infrastructure during the pandemic were estimated to affect the growth of the market.

Infrastructure Monitoring Market Dynamics

The research report presents a complete market overview by providing detailed information about the current market trends, existing drivers, growth opportunities and potentials, and emerging challenges. The global infrastructure monitoring market report has up-to-date insights about market scenarios that can shape the overall market performance and condition during the forecast period, 2023 to 2031.

Infrastructure Monitoring Market Dynamics

Major Drivers 

The rise in the usage of advanced sensor technologies and their declining cost of production is one of the drivers of the infrastructure monitoring market. Additionally, the development in the cities, telecom & IT sectors is expected to drive the market. Furthermore, the increasing capital investments in structural health monitoring to ensure the effective maintenance of vital infrastructure in various industries is projected to drive the market during the forecast period.

Existing Restraints 

Key factors restraining the market include high installation costs of the monitoring systems and the possibility of cybersecurity attacks. The rising number of calls for collecting data and data storage solutions is projected to cause a rise in expenditure. The lack of skilled labor for the deployment of infrastructure monitoring systems is also likely to restrain the expansion of the industry.

Emerging Opportunities 

The rising popularity of infrastructure monitoring operating systems and the investments by the companies are estimated to create lucrative opportunities for the market players. The improvement and customization of services for infrastructure monitoring software are anticipated to be beneficial for the market. The civil industry is estimated to have a positive impact on the market attributing to development and urbanization.

Scope of Infrastructure Monitoring Market Report

The market report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Infrastructure Monitoring Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Technology (Wired and Wireless), Component (Hardware and Software & Services), and End-user (Mining, Energy, Civil Infrastructure, Aerospace & Defense, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast

Key Players Covered in the Report

Cisco Systems, Inc.; NTT Limited; ITRS GROUP LTD; Campbell Scientific India Pvt Ltd.; Nagios Enterprises, LLC.; Oracle; Vissim; Plumbr; CapaSystems; Zenoss Inc.; Datadog; and Observium Limited

Infrastructure Monitoring Market Segment Insights

Technology Segment Analysis

Based on technology, the infrastructure monitoring market is bifurcated into wired and wireless. The wireless segment is expected to expand at a significant growth rate during the projection period, as it is used to transfer information without the need to use cables.

Wireless transmissions are used to carry out communication. It can be used for short distances including across building automation system or even large distances including between cities. 
The infrastructure monitoring market has witnessed a significant rise, due to growing demand from the power generation, oil & gas, and manufacturing industries.

The segment growth is further attributed to the IT companies that are estimated to prefer cloud-based infrastructure for storage solutions. 
Wired technology has been used significantly in the past years.

Its growth in the last few years was high, due to the demand from data centers and network infrastructure monitoring. The technology provides benefits such as low cost, easy deployment, and high bandwidth connectivity options which have resulted in market growth.

Infrastructure Monitoring Market Technology

Component Segment Analysis

On the basis of component, the infrastructure monitoring market is segregated into hardware and software & services. The software & services segment is projected to register a considerable CAGR during the forecast period, as the businesses have access to different infrastructure monitoring tools and software including Sematext Monitoring, Prometheus, and Zabbix.

The software & services segment is projected to dominate the global market. Furthermore, The hardware segment is anticipated to account for a moderate market share in the coming years, due to the high prices of ICs, sensors, and microprocessors.

End-user Segment Analysis

On the basis of end-user, the infrastructure monitoring market is segmented into mining, energy, civil infrastructure, aerospace & defense, and others. The civil infrastructure segment is expected to register a significant growth rate during the forecast period, attributed to the increase in demand for monitoring applications from government and private users for maintaining infrastructural assets. 

Governments across several countries are estimated to invest in infrastructure development including airports, tunnels, seaports, and dams. The application of infrastructure monitoring in aerospace & defense telemetry is further projected to drive the market.

Infrastructure Monitoring Market End User

Regional Analysis

In terms of region, the global infrastructure monitoring market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the projection period, with the increasing infrastructure investments along with rising government initiatives in developing countries such as China, India, and Japan.

The market in North America is anticipated to expand at a rapid pace in the coming years and this can be attributed to factors including high investments in infrastructure collaborations, the presence of a large number of companies across versatile industries, and growing government initiatives aimed to improve cybersecurity services.

For instance, the Chinese government published an investment of around USD 73.8 billion in implementing various projects across the cities. 
The factors such as increasing investments in the growing adoption of digital technologies, renewable energy, and an increase in awareness about cybersecurity. 

Infrastructure Monitoring Market Region

Segments

The global infrastructure monitoring market has been segmented on the basis of

Technology

  • Wired
  • Wireless

Component

  • Hardware
  • Software & Services

End-user

  • Mining
  • Energy
  • Civil Infrastructure
  • Aerospace & Defense

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

Competitive Landscape

Key players competing in the global infrastructure monitoring market are Cisco Systems, Inc.; NTT Limited; ITRS GROUP LTD; Campbell Scientific India Pvt Ltd.; Nagios Enterprises, LLC.; Oracle; Vissim; Plumbr; CapaSystems; Zenoss Inc.; Datadog; and Observium Limited. The market report provides in-depth insights into growth strategies and development initiatives implemented by the key players in the market.

These major companies adopt various business development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production capacity expansion to expand their consumer base and enhance their market share. For instance,

  • On February 8, 2022, Vissim, a Norwegian company, with M-Nav Solutions, successfully installed an advanced coastal monitoring and surveillance system designed to ensure secure vessel navigation in Papua New Guinea’s water bodies.

  • On December 15, 2022, Oracle announced the opening of an Oracle Cloud Region in Chicago, Illinois. Oracle’s 41st global region and fourth in the U.S. offers customers as well as partners a new way to locate their infrastructure, applications, and data for optimal performance.

Infrastructure Monitoring Market Key Players
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Infrastructure Monitoring Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Infrastructure Monitoring Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Infrastructure Monitoring Market - Supply Chain
  4.5. Global Infrastructure Monitoring Market Forecast
     4.5.1. Infrastructure Monitoring Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Infrastructure Monitoring Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Infrastructure Monitoring Market Absolute $ Opportunity
5. Global Infrastructure Monitoring Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Infrastructure Monitoring Market Size and Volume Forecast by End Users
     5.3.1. Mining
     5.3.2. Energy
     5.3.3. Civil Infrastructure
     5.3.4. Aerospace & Defense
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Infrastructure Monitoring Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Infrastructure Monitoring Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Infrastructure Monitoring Demand Share Forecast, 2019-2026
7. North America Infrastructure Monitoring Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Infrastructure Monitoring Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Infrastructure Monitoring Market Size and Volume Forecast by End Users
     7.4.1. Mining
     7.4.2. Energy
     7.4.3. Civil Infrastructure
     7.4.4. Aerospace & Defense
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Infrastructure Monitoring Demand Share Forecast, 2019-2026
8. Latin America Infrastructure Monitoring Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Infrastructure Monitoring Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Infrastructure Monitoring Market Size and Volume Forecast by End Users
     8.4.1. Mining
     8.4.2. Energy
     8.4.3. Civil Infrastructure
     8.4.4. Aerospace & Defense
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Infrastructure Monitoring Demand Share Forecast, 2019-2026
9. Europe Infrastructure Monitoring Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Infrastructure Monitoring Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Infrastructure Monitoring Market Size and Volume Forecast by End Users
     9.4.1. Mining
     9.4.2. Energy
     9.4.3. Civil Infrastructure
     9.4.4. Aerospace & Defense
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Infrastructure Monitoring Demand Share Forecast, 2019-2026
10. Asia Pacific Infrastructure Monitoring Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Infrastructure Monitoring Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Infrastructure Monitoring Market Size and Volume Forecast by End Users
     10.4.1. Mining
     10.4.2. Energy
     10.4.3. Civil Infrastructure
     10.4.4. Aerospace & Defense
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Infrastructure Monitoring Demand Share Forecast, 2019-2026
11. Middle East & Africa Infrastructure Monitoring Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Infrastructure Monitoring Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Infrastructure Monitoring Market Size and Volume Forecast by End Users
     11.4.1. Mining
     11.4.2. Energy
     11.4.3. Civil Infrastructure
     11.4.4. Aerospace & Defense
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Infrastructure Monitoring Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Infrastructure Monitoring Market: Market Share Analysis
  12.2. Infrastructure Monitoring Distributors and Customers
  12.3. Infrastructure Monitoring Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Cisco Systems, Inc.
     12.4.2. NTT Limited
     12.4.3. ITRS GROUP LTD
     12.4.4. Campbell Scientific India Pvt Ltd.
     12.4.5. Nagios Enterprises, LLC.
     12.4.6. Oracle
     12.4.7. Vissim
     12.4.8. Plumbr
     12.4.9. CapaSystems
     12.4.10. Zenoss Inc.

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FAQ Section

Some frequently asked questions about this report!

The global infrastructure monitoring market size was USD 9.04 Bn in 2022 and is likely to reach USD 16.52 Bn by 2031, expanding at a CAGR of 6.7% during 2023–2031.

The key driver for the infrastructure monitoring market is the development investments in numerous cities, telecom industries, and IT sectors.

The opportunities in the infrastructure monitoring market include improvement and customization of services for infrastructure monitoring software.

For regional analysis, Asia Pacific is anticipated to dominate the global infrastructure monitoring market during the forecast period.

The Infrastructure Monitoring key market players are Cisco Systems, Inc.; NTT Limited; ITRS GROUP LTD; Campbell Scientific India Pvt Ltd.; Nagios Enterprises, LLC.; Oracle; Vissim; Plumbr; CapaSystems; Zenoss Inc.; Datadog; and Observium Limited.