The US smart infrastructure market is projected to grow from USD 23.4 billion in 2023 to USD 53.4 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 18.1% during the forecast period.
The global smart infrastructure market size was valued at USD 148.5 billion in 2022 and is expected to expand at a CAGR of 15.6% from 2023 to 2028. The US market is expected to hold a significant share due to government initiatives and investments.
A new report forecasts the US smart infrastructure market to reach USD 57.8 billion by 2028, growing at a CAGR of 19.2% from 2023 to 2028, driven by increasing demand for smart cities and urbanization.
Our smart infrastructure market analysis tool provides insights into the US market, including market size, growth rate, and competitive landscape. Get a free demo to learn more about the tool and its capabilities.
Watch our latest video to learn about the US smart infrastructure market, including trends, challenges, and opportunities. Our expert analyst provides an in-depth overview of the market and its growth prospects.
The US Department of Transportation's Smart Infrastructure Initiative aims to improve the nation's infrastructure through the use of advanced technologies, including smart traffic management and intelligent transportation systems.
Researchers at MIT are working on developing innovative solutions for smart infrastructure, including smart buildings, smart grids, and smart transportation systems. Learn more about our research initiatives and projects.
Our latest report provides an in-depth analysis of the US smart infrastructure market, including market size, growth rate, and competitive landscape. The report also includes profiles of key players and their strategies.