Smart Infrastructure Market Size

Smart Infrastructure Market size is estimated at USD 450.2 billion in 2024 and is projected to exceed USD 4261.6 billion by the end of 2037, witnessing over 20.6% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of smart infrastructure is evaluated at USD 542.9 billion.

The smart infrastructure market is poised for notable growth during the forecast period owing to the increasing focus on urbanization using smart technologies for more efficient, sustainable, and optimal infrastructure solutions. Smart infrastructure enables the integration of advanced technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), data analytics, and Information and Communication Technologies (ICT) into a physical framework to create sustainable, comprehensive, and state-of-the-art infrastructure.

Smart infrastructure systems provide key benefits such as improved public services, enhanced transportation systems, better citizen management, and increased energy efficiency, promoting locality toward environmental sustainability and better functionality. The key players contribute to market growth through funding and initiatives to develop a smart and high-tech infrastructure. This financial support and strategic focus contribute to the optimistic market expansion outlook.