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(I-SoftwareNews.Com, February 20, 2018 ) The Global Infrastructure Monitoring Market was valued at USD 1.09 billion in 2016 and is projected to reach USD 4.70 billion by 2025, growing at a CAGR of 17.65% from 2017 to 2025.
Infrastructure monitoring is therefore essential for optimizing performance of the IT network, and detecting and avoiding IT events that could impact the business even before they occur. Benefits of infrastructure monitoring include - enable data driven insights and decisions, detect problems early to prevent disasters, improve productivity and performance, plan and budget for it upgrades, and prevent and reduce downtime and business losses.
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Some of the prominent players in the global market for Infrastructure Monitoring are 1. Pure Technologies 2. Acellent 3. Campbell Scientific 4. Geokon 5. Digitexx 6. Sisgeo 7. AVT Reliability 8. Geomotion Singapore 9. COWI 10. Structural Monitoring Systems 11. Geocomp 12. Nova Metrix 13. Sixense 14. Bridge Diagnostics 15. RST Instruments
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Market Dynamics: 1. Market Drivers 1.1 Increasing use of advanced sensor technologies 1.2 Increasing public–private partnerships for infrastructural growth 1.3 Declining cost of sensors results in reducing the infrastructure monitoring system cost 1.4 Strict government regulations pertaining to sustainability of structures 1.5 Increasing capital investments for structural health monitoring across various countries worldwide 2. Market Restraints 2.1 Concerns for data security and privacy 2.2 Increasing installation and monitoring costs
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Market Segmentation: The Global Infrastructure Monitoring Market is segmented on the basis of component, technology, vertical, and region.
1. Component: 1.1 Software 1.2 Hardware 1.3 Services
2. By Technology: 2.1 Wireless 2.2 Wired
3. By Vertical: 3.1 Aerospace & Defense 3.2 Energy 3.3 Mining 3.4 Civil Infrastructure 3.5 Others
4. By Region: 4.1 North America (U.S., Canada, Mexico) 4.2 Europe (Germany, UK, France, Rest of Europe) 4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific) 4.4 Latin America (Brazil, Argentina, Rest of Latin America) 4.5 Middle East & Africa
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sambit.kumar@kminsights.com
Source: EmailWire.Com
Source: EmailWire.com
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