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    India Smart Infrastructure Market

    ID: MRFR/ICT/61483-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    India Smart Infrastructure Market Research Report By Technology (Internet of Things, Artificial Intelligence, Big Data Analytics, Cloud Computing, Blockchain), By Application (Smart Transportation, Smart Energy, Smart Buildings, Smart Water Management, Smart Grid), By End Use (Commercial, Residential, Industrial, Government) and By Infrastructure Type (Telecommunication Infrastructure, Road Infrastructure, Energy Infrastructure, Water Infrastructure)-Forecast to 2035

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    India Smart Infrastructure Market Infographic
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    India Smart Infrastructure Market Summary

    The India Smart Infrastructure market is projected to grow from 6.5 USD Billion in 2024 to 10.5 USD Billion by 2035.

    Key Market Trends & Highlights

    India Smart Infrastructure Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 4.46% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 10.5 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 6.5 USD Billion, reflecting a solid foundation for future expansion.
    • Growing adoption of smart technologies due to increasing urbanization is a major market driver.

    Market Size & Forecast

    2024 Market Size 6.5 (USD Billion)
    2035 Market Size 10.5 (USD Billion)
    CAGR (2025-2035) 4.46%

    Major Players

    Crompton Greaves, Schneider Electric India, ABB India, Siemens India, Honeywell Automation India, GE Power India, Infosys, Wipro, Tata Power, Adani Group, NTPC Limited, Larsen & Toubro

    India Smart Infrastructure Market Trends

    Urbanization, government programs, and technical progress are all driving the India Smart Infrastructure Market rapid expansion right now. India's cities are growing quickly, and many people are relocating there, which makes smart infrastructure solutions quite popular. The Indian government is actively supporting programs like Smart Cities Mission, which aims to improve urban services and the quality of life by building smart infrastructure.

    This push for modernization has led to more money being spent on smart grids, intelligent transportation systems, and eco-friendly construction solutions. This shows how important it is to manage energy and stay connected.

    There are many chances to be had in India's smart infrastructure landscape, especially when it comes to integrating renewable energy and making public safety better. The government's ambitions for sustainability are in line with the growing interest in smart transportation systems, such as metro projects, electric vehicles (EVs), and smart traffic management.

    Also, working together between the public and commercial sectors can lead to new ways of funding projects and new technology solutions that meet the specific needs of Indian towns. Recent trends have shown that more and more infrastructure projects in India are using Internet of Things (IoT) technologies and data analytics.

    There has been more use of smart public services in cities, such as smart lighting, waste disposal, and water management. Cities like Ahmedabad and Pune are at the forefront of using smart solutions, setting an example for others to follow. Also, using artificial intelligence and machine learning to manage infrastructure is becoming more widespread.

    Market Segment Insights

    India Smart Infrastructure Market Segment Insights

    India Smart Infrastructure Market Segment Insights

    Smart Infrastructure Market Technology Insights

    Smart Infrastructure Market Technology Insights

    The Technology segment of the India Smart Infrastructure Market is witnessing robust growth, driven by advancements in various technologies that effectively address urbanization demands and infrastructure development. The Internet of Things (IoT) stands out as a transformative force, enabling smart connectivity across devices and infrastructure, thereby enhancing efficiency in resource management and urban planning.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Artificial Intelligence (AI) is also playing a crucial role, empowering real-time data analysis and decision-making processes, which aids in predictive maintenance and enhances operational efficiency across sectors like transportation and utilities. Big Data Analytics complements these initiatives by facilitating actionable insights derived from vast data generated by IoT devices. This analytics capability allows for improved service delivery and operational optimization, further fueling the growth of smart infrastructure.

    Cloud Computing serves as the backbone for these emerging technologies, providing scalable resources and enabling firms to operate effectively without heavy infrastructure costs, which is vital for small and medium enterprises seeking to adopt smart solutions. Furthermore, Blockchain technology is becoming increasingly significant in ensuring data security and integrity, especially in transactions related to public utilities and smart contracts, fostering trust among stakeholders. The convergence of these technologies is paving the way for innovative solutions in the India Smart Infrastructure Market, which is perfectly aligned with the government's initiatives aimed at enhancing urban resilience and sustainability.

    The collaboration between private and public sectors plays a pivotal role in creating smart infrastructure ecosystems, making it possible to integrate these various technologies seamlessly, thereby addressing both current urban challenges and future demands. This integration not only transforms the way infrastructure operates but also contributes to the overall economic development of India, with job creation and improved quality of life for its citizens becoming key outcomes. As these segments continue to evolve, they will be fundamental in driving the India Smart Infrastructure Market towards a more sustainable and technologically advanced future.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Smart Infrastructure Market Application Insights

    Smart Infrastructure Market Application Insights

    The Application segment of the India Smart Infrastructure Market holds significant potential for growth, driven by increased urbanization and the government's push towards smart city initiatives. As India focuses on sustainable development, Smart Transportation has emerged as a critical area, facilitating efficient traffic management and reducing congestion through real-time data analytics.

    Smart Energy solutions are gaining traction in the country, promoting renewable energy sources and enhancing energy efficiency among consumers and enterprises.In the realm of Smart Buildings, the emphasis on automation and energy conservation is crucial, supporting the creation of eco-friendly and efficient living spaces.

    Additionally, Smart Water Management technologies are vital for optimizing water usage and reducing wastage, addressing the challenges posed by water scarcity in many regions of India. Finally, the Smart Grid framework plays a pivotal role in modernizing electricity distribution, ensuring a reliable and efficient power supply. Collectively, these applications reflect the broader trends in the India Smart Infrastructure Market, aiming to drive innovation, sustainability, and efficiency across various sectors of the economy.

    Smart Infrastructure Market End Use Insights

    Smart Infrastructure Market End Use Insights

    The End Use segment of the India Smart Infrastructure Market is diversified, encompassing various sectors such as Commercial, Residential, Industrial, and Government, each playing a vital role in the overall growth trajectory of the market. The Commercial sector, driven by rapid urbanization and increased business activities, significantly contributes to the adoption of smart technologies aimed at enhancing operational efficiency.

    The Residential segment is gaining traction due to rising disposable incomes and the demand for smart homes, empowering consumers with better energy management and improved security features.On the other hand, the Industrial sector emphasizes automation and IoT integrations, showcasing a propensity for advanced manufacturing approaches that enhance productivity while minimizing costs.

    Meanwhile, the Government sector is pivotal as it implements smart city initiatives, focusing on sustainable urban development and efficient public services. This segment is supported by various policy frameworks and investments aimed at improving infrastructure capabilities, showcasing the importance of smart technologies in addressing urban challenges.The confluence of these segments not only shapes the India Smart Infrastructure Market dynamics but also presents opportunities for innovation and investment in smart solutions across the country.

    Smart Infrastructure Market Infrastructure Type Insights

    Smart Infrastructure Market Infrastructure Type Insights

    The Infrastructure Type segment of the India Smart Infrastructure Market is integral to the nation's development, focusing on enhancing the efficiency and sustainability of various essential services. Telecommunication Infrastructure plays a crucial role, as the increasing demand for fast and reliable communication services drives investment in high-speed networks, including 5G technology, which supports digital transformation across industries.

    Road Infrastructure is another significant area, where enhancements are aimed at improving connectivity and reducing traffic congestion, aligning with government initiatives like the Bharat Mala Project.Energy Infrastructure is focusing on the transition to renewable energy sources, supported by government policies encouraging green energy investments, while also improving grid reliability.

    Water Infrastructure addresses critical challenges related to water scarcity and management, aiming to provide safe drinking water and sustainable water resource management solutions. Each of these areas reflects the broader trends within the India Smart Infrastructure Market, highlighting the significance of upgrades to support urbanization and improve living standards.Addressing these segments effectively is essential for fostering economic growth and ensuring a sustainable future for India's diverse population.

    Get more detailed insights about India Smart Infrastructure Market Research Report-Forecast to 2035

    Key Players and Competitive Insights

    The India Smart Infrastructure Market is evolving rapidly, driven by the increasing demand for efficient energy management, sustainable urban development, and advanced technology integration. In this competitive landscape, numerous companies are striving to position themselves at the forefront by offering innovative solutions that cater to the diverse needs of infrastructure development in urban areas. The market comprises a mix of global players and regional firms who compete on various fronts, including technology, product offerings, service capabilities, and customer outreach.

    As a result, companies are investing significantly in research and development to enhance their product portfolios while also forming strategic partnerships and alliances to broaden their market footprint. The need for smart solutions that address pressing challenges, such as energy efficiency, smart grid technology, and sustainable building practices, makes this market a hotbed for competition, with firms continually striving to outperform one another by leveraging cutting-edge technologies and customer-centric approaches.Crompton Greaves has established a notable presence in the India Smart Infrastructure Market, leveraging its longstanding expertise and a comprehensive range of products that cater to diverse infrastructure needs.

    The company is well-regarded for its innovative solutions in electrical equipment and services, particularly focusing on power distribution and management systems. Crompton Greaves enjoys several strengths in the market, including a robust research and development capability that enables it to consistently introduce advanced technologies.

    Additionally, with an expansive distribution network and a strong brand reputation in India, the company has effectively built strong relationships with customers across various sectors. Its commitment to quality and customer satisfaction further solidifies its position in the competitive landscape.Schneider Electric India is another prominent player in the India Smart Infrastructure Market, known for its commitment to providing innovative solutions that enhance energy efficiency and sustainability.

    The company offers a wide array of products and services, including smart building technology, data center infrastructure management, and energy management solutions. Schneider Electric India has a significant market presence, backed by its strong brand equity and extensive distribution channels across the nation.

    The company emphasizes collaboration and strategic partnerships to enhance its offerings, enabling it to stay ahead of competitors. Schneider Electric India has also been active in mergers and acquisitions, further consolidating its capabilities and expanding its service portfolio to meet the growing demand for smart infrastructure solutions. The strength of Schneider Electric lies in its ability to deliver integrated solutions that cater to the evolving needs of the Indian market while promoting energy sustainability and efficiency across various sectors.

    Key Companies in the India Smart Infrastructure Market market include

    Industry Developments

    The India Smart Infrastructure Market has observed significant developments in recent months. Crompton Greaves has made strides in smart metering solutions, focusing on enhancing energy efficiency. Schneider Electric India is investing in digital transformation to drive sustainability and increased operational efficiency. ABB India has introduced new automation technologies aimed at improving productivity in manufacturing sectors.

    Siemens India is focusing on smart mobility solutions and has reported increased contracts from the government for intelligent transportation systems. In the energy sector, NTPC Limited is diversifying into renewable energy sources and has recently launched projects to upgrade their infrastructure.

    Tata Power is also investing in smart grids to improve operational efficiency and reliability. Furthermore, in July 2023, Larsen and Toubro acquired a stake in a clean technology firm to enhance its capabilities in smart infrastructure solutions. The market has seen remarkable growth in valuation as companies adapt to changing consumer demands, positioning themselves for future technological advancements.

    Market Segmentation

    Smart Infrastructure Market End Use Outlook

    • Telecommunication Infrastructure
    • Road Infrastructure
    • Energy Infrastructure
    • Water Infrastructure

    Smart Infrastructure Market Technology Outlook

    • Smart Transportation
    • Smart Energy
    • Smart Buildings
    • Smart Water Management
    • Smart Grid

    Smart Infrastructure Market Application Outlook

    • Commercial
    • Residential
    • Industrial
    • Government

    Smart Infrastructure Market Infrastructure Type Outlook

    • Telecommunication Infrastructure
    • Road Infrastructure
    • Energy Infrastructure
    • Water Infrastructure

    Report Scope

     

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 6.13(USD Billion)
    MARKET SIZE 2024 6.5(USD Billion)
    MARKET SIZE 2035 10.5(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 4.456% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Crompton Greaves, Schneider Electric India, Reliance Industries, ABB India, Siemens India, Honeywell Automation India, GE Power India, Infosys, Wipro, Indian Oil Corporation, Tata Power, Adani Group, NTPC Limited, Larsen & Toubro, Mahindra & Mahindra
    SEGMENTS COVERED Technology, Application, End Use, Infrastructure Type
    KEY MARKET OPPORTUNITIES Smart grid technology adoption, Sustainable urban development initiatives, IoT integration for infrastructure, Renewable energy infrastructure growth, Smart transportation solutions implementation
    KEY MARKET DYNAMICS technological advancements, government initiatives, urbanization trends, investment in renewable energy, demand for smart cities
    COUNTRIES COVERED India

    FAQs

    What is the expected market size of the India Smart Infrastructure Market in 2024?

    The India Smart Infrastructure Market is expected to be valued at 6.5 USD Billion in 2024.

    What is the projected market size of the India Smart Infrastructure Market by 2035?

    By 2035, the India Smart Infrastructure Market is anticipated to reach a valuation of 10.5 USD Billion.

    What is the compound annual growth rate for the India Smart Infrastructure Market from 2025 to 2035?

    The expected compound annual growth rate for the India Smart Infrastructure Market from 2025 to 2035 is 4.456%.

    Who are the key players in the India Smart Infrastructure Market?

    Major players in the India Smart Infrastructure Market include Crompton Greaves, Schneider Electric India, Reliance Industries, and ABB India.

    What is the market size for the Internet of Things technology segment in the India Smart Infrastructure Market in 2024?

    The market size for the Internet of Things technology segment is valued at 2.4 USD Billion in 2024.

    How much is the Artificial Intelligence segment expected to be valued in 2035?

    The Artificial Intelligence segment of the India Smart Infrastructure Market is expected to be valued at 2.5 USD Billion in 2035.

    What growth opportunities exist within the India Smart Infrastructure Market?

    Growth opportunities in the market include advancements in smart technologies and increasing urbanization.

    What is the anticipated market size for Big Data Analytics in the India Smart Infrastructure Market by 2035?

    The anticipated market size for Big Data Analytics in 2035 is 1.6 USD Billion.

    How is the Cloud Computing technology segment projected to grow from 2024 to 2035?

    The Cloud Computing segment is projected to grow from 1.3 USD Billion in 2024 to 2.1 USD Billion in 2035.

    What challenges does the India Smart Infrastructure Market face in the current global scenario?

    Challenges include navigating regulatory frameworks and the need for significant investment in technology.

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