According to a new report, published by KBV research, The Global Infrastructure Asset Management Market size is expected to reach $73.3 billion by 2030, rising at a market growth of 9.1% CAGR during the forecast period.
The Services segment acquired the maximum revenue in the Global Market by Component in 2022; thereby, achieving a market value of $48.1 billion by 2030. Service providers bring specialized knowledge and expertise to the table, helping organizations navigate the complexities of asset management. They share best practices, industry insights, and proven strategies, enabling asset managers to make informed decisions. Services related to asset data collection and inventory help organizations build a comprehensive database of their infrastructure assets. This data is fundamental to effective asset management, as it forms the basis for asset maintenance and optimization.
The Water & Waste Infrastructure segment is registering a CAGR of 9.6% during (2023 - 2030). Advancements in technology, such as IoT sensors, data analytics, and remote monitoring, are increasingly being integrated into water & waste infrastructure. These technologies enhance asset management practices and drive the adoption of advanced solutions. Water scarcity is a global issue, and asset management practices in the water sector can help optimize water usage and reduce wastage, contributing to water conservation efforts.
The North America region dominated the Global Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $25.1 billion by 2030. The Europe region is anticipating a CAGR of 8.6% during (2023 - 2030). Additionally, The Asia Pacific region would exhibit a CAGR of 9.7% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/infrastructure-asset-management-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Golder Associates (WSP Global Inc.), Tetra Laval International S.A, Clarios, LLC. (Brookfield Business Partners), Macquarie Group Limited, SIMCO Technologies, Pitney Bowes, Inc., SNC-Lavalin Group, Inc., Aabasoft Technologies Pvt. Ltd., ThomasLloyd Global Asset Management GmbH, EverStream Capital Management.
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Companies Profiled
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