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Infrastructure Asset Management Market Set to Record USD 76.48 Billion by 2030; Strong CAGR of 13.17%; Increased Government Spending on Repairing, Modernizing Existing Infrastructure; North America Anticipated to Gain Traction: Kings Research

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DUBAI, UAE, Aug. 29, 2023 /PRNewswire/ — As per the latest research study by Kings Research, the Global Infrastructure Asset Management Market size was recorded at USD 29.18 billion in 2022 and is projected to generate a revenue of USD 76.48 billion by 2030, growing at a robust 13.17% CAGR from 2023 to 2030. A major factor driving the growth of the market is the increasing demand for organizations to maintain their aging infrastructure assets. Additionally, the recent upsurge in the popularity of cloud computing and the acceptance of cloud-based deployment strategies for infrastructure asset management solutions is supporting the growth of the market.
The process of managing an organization’s physical and digital assets, including power grids, buildings, bridges, and other essential infrastructure, is known as infrastructure asset management. Its key goals are the prompt distribution of resources to maintain and enhance these assets while ensuring their accessibility in the future. Infrastructure asset management is pivotal as it enables businesses to track the status of their assets precisely, plan and budget for maintenance and repairs, and guarantee the best possible use of those assets.
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Trending Now: Brookfield Infrastructure Acquires Compass Datacenters from RedBird and Azrieli Group
In June 2023, Brookfield Infrastructure, Brookfield Asset Management’s flagship listed infrastructure company, along with its institutional partners and existing investor Ontario Teachers’ Pension Plan, inked a deal to acquire Compass Datacenters from RedBird Capital and the Azrieli Group. This move was aligned with Brookfield’s efforts to boost digitalization. In addition, Compass, a best-in-class data center platform, complemented Brookfield’s existing platforms in Europe, South America, and Asia Pacific regions.
Competitive Landscape
The competitive landscape of the global infrastructure asset management market is fragmented in nature. Major players are implementing a number of critical business strategies, including collaboration, mergers and acquisitions, product development, and joint ventures, to strengthen their market footing across various regions and diversify their product offerings. Investments & expansions are some prominent strategic initiatives. Industry players are investing in R&D activities, building new manufacturing facilities, and supply chain optimization.
Key players in the market include:
EverStream Energy Capital Management LLCWSPRPS GroupBrookfield Asset ManagementMacquarie Group LimitedSIMCO TechnologiesPitney Bowes Inc.SNC-LavalinAabasoftThomasLloyd GroupHave an Inquiry? Get in Touch with us @ https://www.kingsresearch.com/enquiry/infrastructure-asset-management-market-13
The Global Infrastructure Asset Management Market is segmented as:
By Asset Ownership Type
GovernmentPrivateFavorable Government Initiatives to Propel Infrastructure Asset Management Market Progress
By asset ownership, the government segment is expected to hold the largest market share with a valuation of USD 46.29 billion by 2030. Infrastructure that is owned and maintained by the government and available to the general public is referred to as public infrastructure. It includes necessary infrastructure, such as telecommunications, power, water supply, and roads, and is critical for creating an effective and smooth-running economy that raises inhabitants’ standards of living.
The growth of the segment is primarily attributable to the numerous favorable government initiatives taken to maintain the public infrastructure. These initiatives highlight the lucrative opportunities for growing economies in the near future. Additionally, governments around the world are investing heavily in the development of smart cities and emphasizing improved security in public buildings.
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By Application
Energy InfrastructureTransportationCommunicationsWater & Waste InfrastructureOthersNovel Construction of SMART Cities to Boost Energy Infrastructure
Based on application, the energy infrastructure segment is projected to observe sizable growth to reach USD 24.86 billion in revenue by 2030. An essential component of fostering economic growth and improving well-being is energy infrastructure. Governments are prioritizing investments in energy applications as the demand for clean and inexpensive energy sources rises. This is particularly evident in the context of SMART cities and infrastructure asset management, which are projected to drive market growth.
Risks Associated with Aging Infrastructure to Bolster Market Growth
The risks associated with aging infrastructure serve as a significant driving force fueling the growth of the market. For long-term service life, several businesses such as manufacturing and oil & gas utilities need assets viz., land, buildings, and machinery. Since outdated designs cannot be routinely updated or upgraded, such sectors require a significant amount of capital to function. Therefore, these businesses use IAM solutions to provide superior maintenance following deployment and to enable optimal use of already existing assets. Governments worldwide are employing various strategies to propel infrastructure asset management.
For instance, the Institutional Investors Group on Climate Change (IIGCC) introduced a new component to the Net Zero Investment Framework of the Paris Aligned Investment Initiative. This component was added in June 2022 to provide guidance on managing as well as aligning infrastructure portfolios with the global net zero emission goals by the year 2050.
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North America to Gain Traction Due to the Presence of Key Players
North America is projected to reach a valuation of USD 31.47 billion by 2030. The presence of several prominent companies in major nations such as the United States and Canada is the primary factor driving the regional market’s growth.
Increased government spending on repairing and modernizing existing infrastructure further contributes to market growth. The United States has become the most popular location for greenfield investments as a result of the U.S. Government’s encouragement of private infrastructure development with the guarantee of fair returns. All of these aforementioned factors are likely to contribute significantly to the growth of the infrastructure asset management market.
Asia Pacific to Witness Rapid Growth Due to Developing Aviation Industry
Asia Pacific is anticipated to grow at a rapid CAGR of 17.76% over the forecast period. The notable growth in the aviation industry is boosting product demand in the region. In 2018, regional infrastructure spending increased, creating new prospects for market players. For instance, the government of India intended to build more than 100 smart cities by 2020, each of which would be supported by a strong communications network that would foster the regional market outlook.
For more information on the report, visit: https://www.kingsresearch.com/infrastructure-asset-management-market-13
Key Points from TOC:
Chapter 1 Introduction of The Global Infrastructure Asset Management Market
1.1 Market Definition1.2 Market Segmentation1.3 Research Timelines1.4 Limitations1.5 Assumptions
Chapter 2 Executive Summary
Chapter 3 Research Methodology
3.1 Data Collection3.1.1 Secondary Sources3.1.2 Primary Sources3.1.3 Research Flow3.2 Subject Matter Expert Advice3.3 Quality Check3.4 Final Review3.5 Bottom-Up Approach3.6 Top-down Approach
Chapter 4 Global Infrastructure Asset Management Market Outlook
4.1 Market Evolution4.2 Overview4.3 Market Dynamics4.3.1 Drivers4.3.2 Restraints4.3.3 Opportunities4.3.4 Challenges4.4 Pricing Analysis4.5 Porter’s Five Forces Analysis4.6 Value Chain Analysis4.7 Macroeconomic Analysis
Chapter 5 Impact of Russia-Ukraine War
Chapter 6 Global Infrastructure Asset Management Market, By Asset Ownership Type
Chapter 7 Global Infrastructure Asset Management Market, By Application
Chapter 8 Global Infrastructure Asset Management Market, By Geography
Chapter 9 North America
Chapter 10 Europe
Chapter 11 Asia Pacific
Chapter 12 Middle East & Africa
Chapter 13 Latin America
Chapter 14 Global Infrastructure Asset Management Market Competitive Landscape
Chapter 15 Company Profiles
15.1 EverStream Energy Capital Management LLC15.1.1 Key Facts15.1.2 Financial Overview15.1.3 Product Benchmarking15.1.4 Recent Developments15.1.5 Winning Imperatives15.1.6 Current Focus & Strategies15.1.7 Threat from competition15.1.8 SWOT Analysis15.2 WSP15.2.1 Key Facts15.2.2 Financial Overview15.2.3 Product Benchmarking15.2.4 Recent Developments15.2.5 Winning Imperatives15.2.6 Current Focus & Strategies15.2.7 Threat from competition15.2.8 SWOT Analysis15.3 RPS Group15.3.1 Key Facts15.3.2 Financial Overview15.3.3 Product Benchmarking15.3.4 Recent Developments15.3.5 Winning Imperatives15.3.6 Current Focus & Strategies15.3.7 Threat from competition15.3.8 SWOT Analysis15.4 Brookfield Asset Management15.4.1 Key Facts15.4.2 Financial Overview15.4.3 Product Benchmarking15.4.4 Recent Developments15.4.5 Winning Imperatives15.4.6 Current Focus & Strategies15.4.7 Threat from competition15.4.8 SWOT Analysis15.5 Macquarie Group Limited15.5.1 Key Facts15.5.2 Financial Overview15.5.3 Product Benchmarking15.5.4 Recent Developments15.5.5 Winning Imperatives15.5.6 Current Focus & Strategies15.5.7 Threat from competition15.5.8 SWOT AnalysisContinued………..
Browse Complete TOC: https://www.kingsresearch.com/toc/infrastructure-asset-management-market-13
About Us:
Kings Research stands as a renowned global market research firm. With a collaborative approach, we work closely with industry leaders, conducting thorough assessments of trends and developments. Our primary objective is to provide decision-makers with tailored research reports that align with their unique business objectives. Through our comprehensive research studies, we strive to empower leaders to make informed decisions.
Our team comprises individuals with diverse backgrounds and a wealth of knowledge in various industries. At Kings Research, we offer a comprehensive range of services aimed at assisting you in formulating efficient strategies to achieve your desired outcomes. Our objective is to significantly enhance your long-term progress through these tailored solutions.
Contact Us
Kings ResearchPhone: (+1) 888 328 2189E-mail: [email protected]: https://www.kingsresearch.comBlog: https://www.kingsresearch.com/blogFollow Us: LinkedIn | Facebook | Twitter
 
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Unlock an Exclusive Olympic Experience: Celebrating Live4Well’s Sold-Out Genesis NFT

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HONG KONG, May 25, 2024 /PRNewswire/ — The buzz surrounding Live4Well’s successful Genesis NFT membership launch on May 23 has captivated both traditional and web3 communities. Combining the power of AI technology and decentralized physical infrastructure (DePin) concept, Live4Well has infused new life into the NFT market. The overwhelming response to their first NFT sales, showcases the project’s immense potential. Renowned web3 community leaders from Azuki, Bored Ape, Pudgy Penguins, WELL3, etc have joined forces with Live4Well, propelling the Genesis NFT membership collection to its resounding success.

Live4Well aims to transform the wellness industry by creating a reward-based infrastructure that connects global fitness data, enhances their AI database, and drives the development of sports and wellness. Backed by a multi-billion family office, which recently invested $20 million in Live4Well, the project has gained support in both web3 and traditional spaces. The team believes that every drop of sweat and effort toward better health should be rewarded, fostering motivation and integrating exercise into daily lives for enhanced well-being.
Live4Well’s announcement of an Olympic-themed raffle for Genesis NFT holders reflects their commitment to connecting wellness between Web2 and Web3 platforms. This testament to Live4Well’s demand and innovative vision solidifies their position as a promising leader in the industry. Their integration of the Olympic signifies their determination to inspire a global audience, leveraging blockchain technology to create an immersive ecosystem that revolutionizes how individuals engage with fitness on a daily basis for better health. Live4Well’s dedication to bridging the gap between traditional practices and the digital landscape sets them apart as pioneers in promoting well-being on a global scale.
What is Genesis NFT membership?
The Genesis NFT unlocks a multitude of benefits for holders, including the opportunity to cash out their sportive income and access a range of exclusive physical products and services. In addition to future airdrops and angel round whitelist privileges, Genesis holders will receive VIP tailor-made product packs from an innovative German sportswear company, elevating their exercise performance to new heights. With over 400 million sweat points farmed by their users, they are eager to redeem through the Genesis NFT membership. These enticing incentives explain why there was a widespread eagerness to participate in this thrilling event.
Unlike typical projects that raise funds before launching products or services, Live4Well has already released its AI-powered app, amassing over 250,000 users as a community base actively engaging in daily exercise. This early success has fostered a promising community within the wellness industry, as users trust Live4Well’s roadmap and collaborative ventures. The growing traction from both ordinary individuals and web3 enthusiasts has intensified the demand for redeeming and cashing out sweat points, the project’s exercise-based rewards. Obtaining the Genesis NFT membership is now seen as an essential step for accessing the highest tier of benefits and cashing out sportive income.
What’s next for Live4Well?
Following the Genesis sales, Live4Well’s team will shift their focus to the upcoming token generation event (TGE) and a series of farming events. They also have exciting plans for partnerships and other collaborations in the global wellness and fitness industries. If you missed the initial launch, be sure to stay updated on Live4Well’s journey and join this extraordinary revolution.
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Overseas Expansion Strategy of K-OTT Introduced in France, KOCCA holds the ‘2024 Korea-France Content Forum’

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– The ‘Korea-France Content Forum’ held to establish the Foundation for K-OTT’s oversea expansion
PARIS, May 24, 2024 /PRNewswire/ — The Ministry of Culture, Sports and Tourism (Minister Yu In-chon) and the Korea Creative Content Agency (President, Jo Hyun-rae, hereafter KOCCA) held the ‘2024 Korea-France Content Forum’ on May 24th during the Korea Expo in Paris, France.

The ‘2024 Korea-France Content Forum’ featured a keynote session (K-OTT’s Strategies in Global market) presenting K-OTT’s strategies for international expansion and a roundtable session (Strategies in the Era of Streaming) discussing the growth of OTT platforms and collaborative approaches with production companies.
The forum featured participation from various industry leaders including Kun hee Park (CEO, Wavve Americas), Sangjin Lee (Head of content IP Business, LG U+), Seung ae Sohn (Executive Director, Showbox), Ji ae Sohn (Ambassador for Cultural Cooperation), Moonju Kim (General Director, France Business Center, KOCCA), Isabelle Degeorges (President, Gaumont Television France) which produced the French Netflix original series, participated.
Strategy announcement by Wavve Americas (KOCAWA), the first K-OTT’s launched in Europe
During the Keynote Session, Park Kun Hee – CEO of Wavve Americas, the first domestic OTT Platform to launch services in Europe, Took the stage to discuss the international expansion strategy of KOCOWA, which started offering services in 39 countries including Europe since April of this year. Following this, Lee Sangjin, Head of Content IP Business of LG U+, presented the expansion strategy of LG U+ Mobile TV, encompassing diverse original content.
During the round-table session, participants shared thoughts and solutions regarding the survival strategies of local OTT platforms and production companies amidst the rapid waves of change brought about by the emergence of global OTT platforms.
In particular, through this forum, we were able to observe the proactive implementation of IP protection policies by local production companies in France, aimed at sustainable content creation. Isabelle Degeorges, CEO of Gaumont Television France, noted, “With the introduction of the European Audiovisual Media Services Directive (AVMSD), platforms and production companies can share IPs three years after supplying the content.” Kim Moon-joo, Director of the Korea Creative Content Agency’s France Business Center, participated as a panelist, introducing policies aimed at enhancing the competitiveness of K-OTT and fostering collaboration with production companies.
Park Kun Hee, CEO of Wavve Americas, who participated in the event, stated, “It was a meaningful opportunity to introduce our platform locally in Europe in line with KOCOWA’s expansion into the region”. Additionally, Kyoungbon Koo, Director Broadcasting & Video Content Division at KOCCA commented, “It was a meaningful occasion to not only introduce K-OTT’s strategies to Europe but also to exchange ideas on collaboration between Korea and France. We will continue to focus on activating various forms of collaboration with major international partners in the future”.
KOCCA supports the overseas expansion of excellent domestic OTT content and platforms through the newly established Local OTT Specialized Support Program this year. This initiative aims to enhance the competitiveness of domestic OTT platforms and content by adapting to the changing industrial environment.
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IoT Node and Gateway Market worth $604.7 billion by 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, May 24, 2024 /PRNewswire/ — The IoT Node and Gateway market is projected to grow from USD 424.6 billion in 2024 and is estimated to reach USD 604.7 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.3% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth of the IoT Node and Gateway market is driven by the Provision of increased IP address space through IPv6, Emergence of 5G technology, and Increasing need for data centers.

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Browse in-depth TOC on “IoT Node and Gateway Market”
410 – Tables70 – Figures390 – Pages
IoT Node and Gateway Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 424.6 billion
Estimated Value by 2029
$ 604.7 billion
Growth Rate
Poised to grow at a CAGR of 7.3%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By Hardware, End-use Application and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Requirement for wireless spectrum and licensed spectrum
Key Market Opportunities
Accelerated IoT adoption in healthcare sector
Key Market Drivers
Rising use of wireless smart sensors and networks
By Hardware, the Logic Devices are projected to grow at a high CAGR of IoT Node and Gateway market during the forecast period.
Logic devices can adapt to changing requirements even after deployment. As new features or functionalities are needed, the logic within the device can be reprogrammed to accommodate these changes, extending the useful life of the product and reducing the need for hardware revisions. The integration of FPGA technology into IoT devices further enhances these advantages. The integration of FPGAs into IoT nodes and gateways empowers manufacturers to develop highly optimized, customizable, and scalable solutions that meet the diverse needs of IoT applications. Tesla’s Full Self-Driving (FSD) computer utilizes FPGAs to handle complex neural network computations for autonomous driving algorithms. This allows them to potentially improve their FSD capabilities through software updates that reconfigure the logic within the FPGAs.
BFSI segment in IoT Node and Gateway Market is projected to grow at a highest CAGR during the forecast period.
BFSI sector can use IoT technology to provide more convenient solutions for customers. IoT can be used to perform data collection in real time and for instant communication between devices. For instance, it can facilitate cashless payments using an RFID scanner to identify products in the shopping cart and mobile wallet. The adoption of mobile point of sale (mPOS) systems and kiosks is fundamentally reshaping the landscape of the BFSI market. mPOS facilitates transactions anytime, anywhere, benefiting unbanked populations and enabling temporary service points for events. Kiosks offer convenient banking functionalities, reducing wait times and freeing up staff for complex inquiries. These technologies drive cost savings by requiring less investment and automating routine tasks, allowing resources to be reallocated strategically. They provide rich data for personalized services, fraud detection, and operational optimization. mPOS systems and kiosks promote financial inclusion by extending services to remote areas, fostering economic activity and well-being.
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North America accounts for the largest share in IoT Node and Gateway Industry.
The North American IoT market is poised to grow, driven by government efforts to transition cities into smart urban centers. The growing need for sophisticated IoT solutions, fueled by the widespread availability of high-speed data, will further propel market expansion in this region. Furthermore, North America’s dynamic IoT node and gateway ecosystem features established players like Intel Corporation (US), Texas Instruments Incorporated (US), Dell (US), and Cisco Systems (US), driving competition, innovation, and affordability. Increasing research and development at industry levels is broadening the application areas of IoT in various industries, such as retail, consumer electronics, automotive and transportation, and healthcare, especially in the US. The increased demand for effective solutions and focus on early, accurate, and fast diagnosis of diseases has led to huge investments in technological developments in the healthcare sector.
Key Players
Key companies operating in the IoT Node and Gateway companies are Intel Corporation (US), Qualcomm Technologies, Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), Microchip Technology Inc. (US), Huawei Technologies Co., Ltd. (China), NXP Semiconductors N.V. (Netherlands), Cisco Systems, Inc. (US), Hewlett Packard Enterprise Development LP (US), TE Connectivity Ltd (Switzerland), Advantech Co., Ltd. (Taiwan), Dell Technologies (US), among others.
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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting
Related Reports: 
IoT Technology Market by Node Component (Sensor, Memory Device, Connectivity IC, Processor, Logic Devices), Software Solution (Remote Monitoring, Data Management), Platform, Service, End-use Application, Geography – Global Forecast to 2029
Industrial IoT Market Size, Share & Industry Growth Analysis Report by Device & Technology, Connectivity Type, Software, Vertical (Manufacturing, Energy, Oil & Gas, Healthcare, Retail, Transportation, Metals & Mining, Agriculture), and Geography – Global Growth Driver and Industry Forecast to 2026
Internet of Robotic Things Market (IoRT) by Component (Sensor, Power, Control), Service (Professional, Managed), Platform (Device, Application, Network), Software (Analytics, Data, Security, Monitoring, Bandwidth), Application – Global Forecast to 2022
MulteFire Market by Device (Small Cells, Switches, Controllers), Application (Industrial Manufacturing, Commercial, Transportation, Public Venues, Healthcare, Oil & Gas and Mining, Power Generation, Hospitality), and Geography – Global forecast 2025
Smart Robots Market Size, Share by Component (Sensors, Actuators, Control Systems), Type, Operating Environment, Mobility, Application (Domestic, Field/Agricultural, Public Relations, Industrial), and Region – Global Forecast to 2025
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact: Mr. Aashish MehraMarketsandMarkets™ INC. 630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Our Web Site: https://www.marketsandmarkets.com/Research Insight: https://www.marketsandmarkets.com/ResearchInsight/iot-gateway-market.aspContent Source: https://www.marketsandmarkets.com/PressReleases/iot-gateway.asp
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