Artificial Intelligence
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

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.
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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………..
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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.
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Artificial Intelligence
ComplyCube Unveils No-ID Age Estimation to Address Growing Global Age-Restriction Regulations

SAN FRANCISCO, Oct. 2, 2023 /PRNewswire/ — ComplyCube, the global Identity Verification (IDV) platform, has launched a new Age Estimation feature to safeguard minors online and protect the vulnerable. The new capability complements its existing IDV-based Age Verification solution, offering an alternative to businesses that require a lower level of identity assurance.
The AI company says the new solution leverages advanced biometric technology to derive dependable age estimations from a single selfie in seconds. The bias-tested algorithm also examines the selfie for liveness signals to prevent presentation attacks, including screen replays, 3D masks, and deepfakes.
Furthermore, the new service boasts privacy-by-design capabilities, such as configurable automatic redaction for selfies customizable per jurisdictional regulations or use cases. This makes the service ideal for seamless age-gating across the globe while adding an extra layer of protection against spoofing.
“Our multi-step pipeline and data-centric approach have enabled us to tackle ethnic, genetic, age, and gender variance to provide our clients with a fair and robust age estimation,” explains Harry Varatharasan, Chief Data Scientist of ComplyCube.
The introduction of the new features comes as concerns mount over the ease with which minors can access inappropriate digital content. While some age-verification measures have been put in place, they are disturbingly simple to evade, especially when they are based solely on entering a birth date or are vulnerable to Virtual Private Network (VPN) manipulation. A UK-based study reports that 23% of minors say they can easily sidestep such VPN limitations, while another study highlights that a staggering 56% of children aged 11 to 16 have encountered explicit material online.
In response to these growing concerns, various jurisdictions are introducing robust regulatory frameworks aimed at mandating more rigorous age-verification procedures to enhance the safety of minors online. Key legislative efforts include the UK’s Online Safety Bill, the European Union’s Digital Services Act, and California’s Age-Appropriate Design Code Act. These laws aim to establish stricter guidelines and obligations for digital platforms, thereby creating a safer online environment for younger users.
Dr. Tarek Nechma, CEO of ComplyCube, adds that “the launch of our Age Estimation feature emphasizes our pledge to ensure that minors are shielded from content beyond their years while streamlining user experience for all and building trust at scale.”
Beyond its primary goal of safeguarding children online, the feature provides additional benefits to companies operating in regulated industries that fall under a lower level of scrutiny than financial institutions. Dating apps, e-commerce, gambling, gaming, and similar businesses can now:
Enhance User Experience: Age estimation streamlines age checks, promoting faster onboarding and better retention.Simplify Regulatory Adherence: Industries can effortlessly meet age-specific regulations, safeguarding their reputation and reducing legal risks.Ensure Data Minimization and Privacy: Estimating age masks or limits sensitive data collection, aligning with top-tier data protection standards.ComplyCube’s new Age Estimation solution offers a more streamlined approach to age verification. By reducing obstacles for users and enhancing conversion rates, it brings a balance of efficiency and trust. The one-stop-shop IDV platform also underscores its commitment to responsible digital interactions, especially when it comes to safeguarding minors.
About ComplyCube
ComplyCube is a top-tier SaaS platform specializing in Identity Verification (IDV), Anti-Money Laundering (AML), and Know Your Customer (KYC) compliance. It serves a diverse client range spanning financial services, telecommunications, transport, healthcare, e-commerce, cryptocurrency, FinTech, and more.
ComplyCube’s platform, which is ISO-certified and has received multiple awards, prides itself on offering the quickest omnichannel integration available in the market. Its Low/No-Code solutions, API, Mobile SDKs, Client Libraries, and CRM Integrations make this possible.
Visit www.complycube.com to learn more.
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Artificial Intelligence
UNLEASH World Returns to Showcase Fortune 500 Companies Transforming the Future of Work

From startups to the Fortune 500, the event will showcase the leaders and technologies changing the world of workSpeakers include senior HR and business leaders such as L’Oréal Deputy CEO, Barbara Lavernos, JB Academy Founder, Josh Bersin, Spotify CHRO, Katarina Berg, and Sodexo CHRO, Annick de Vanssay, as well as England Rugby legend, Jonny Wilkinson CBEImagine a future where the boundaries of HR are redefined, and business is transformed. That future becomes a reality this year at UNLEASH World 2023, as 5000+ HR leaders from 100+ countries will arrive for the industry gathering of the yearLONDON, Oct. 2, 2023 /PRNewswire/ — UNLEASH, the fastest-growing HR events across Europe and the US, returns to Paris for its 11th year on 17-18 October, 2023. Organised by UNLEASH, a global digital media and events business dedicated to HR, technology, learning and recruitment leaders, the flagship UNLEASH World conference has been the epicentre for HR, recruitment, learning expertise and tech influence for the last decade. This year, it returns to explore the transformative power of technologies such as AI in shaping the future of work.
Set across 12 theaters, UNLEASH World attendees will hear from visionary keynote speakers including CEOs from L’Oréal, Aliaxis and Roullier Group, CHROs from Airbus, Spotify and Sodexo, and Rugby legends, Jonny Wilkinson, CBE and Serge Betsen. With a diverse range of keynote speakers, interactive sessions, and networking opportunities, UNLEASH World provides cutting-edge insights and best practices for everyone – from CEOs to HR leaders and executives.
“UNLEASH is the most influential HR event in the world, where attendees are given the opportunity to meet the who’s who of the industry from some of the most exciting brands and employers in the world – under one roof, over two days of face-to-face meetings,” said Marc Coleman, CEO and Founder at UNLEASH. “Massive thanks too to our Headline Sponsors who are the heartbeat of the HR Industry and help ensure UNLEASH is the go-to global event for HR Leaders, including: AWS, Bob, Deloitte, Eightfold, Phenom, Qualtrics, SAP SuccessFactors, Visier, Workday, and Workhuman”.
Through keynotes on the main stage and further breakout stages, attendees will gain on some of the most pressing topics including:
Creating an Exponential Organization in the Modern EraThe Adaptive Enterprise – HR Technology in the Age of AITech & Human Harmony in a Hyper-Connected WorldHarnessing the Power of Resilience and ReinventionMastering Employee Connection and the Social Contract in Today’s Talent LandscapeThe speaker roster itself is star-studded with 200+ of the best in the HR industry with speakers including:
Jean-Claude Le Grand, CHRO, L’OréalKatarina Berg, CHRO, SpotifyJosh Bersin, Founder & CEO, The Josh Bersin CompanyNatalia Wallenberg, CHRO, Ahold DelhaizeSalim Ismail, Founder, OpenExOAnika Grant, CPO, UbisoftThierry Baril, CHRO, AirbusBeatriz Rodriguez, Chief Talent and DEIB Officer, BayerReza Moussavian, VP of People Products, ZalandoMaud Alvarez-Pereyre, Chief People & Transformation Officer, LVMHAndrew Elston, Global Head, Workforce Strategy Enablement, HSBCLaura Hingel, Global Head of Talent & Employer Branding, Christian DiorHenrik Hansen, VP Global Head of Integrated People Services, PhilipsDenise King, Vice President, Global Benefits and Payroll, MedtronicArtur Nejmark, Head of HRIS Operations, Volvo GroupIntroducing the UNLEASH World Startup Program: A veritable launchpad for trailblazing entrepreneurs in the HR and Future of Work. UNLEASH has been the launchpad for the future of HR Tech, this high-impact platform has already seen its network of startups raise an astounding €10 billion in funding. 2023 UNLEASH World Startup Award offers an unparalleled opportunity for early-stage companies to break through. Established in 2011, this accolade has proven to be more than just a trophy; it’s a gateway to funding and exponential growth. Our last four champions and runner-up’s secured game-changing funding within months. Those interested in entering the award can find out more here.
For more information, including the agenda and how to register for the event, visit https://www.unleash.ai/unleashworld.
About UNLEASH
UNLEASH is the go-to marketplace for human resources and breakthrough technologies that shape the future of work, and is an essential source of news, analysis and market trends that inspire and empower organisational leaders worldwide. UNLEASH is a platform to share ideas that work, network and do business, and its mission is to be the world’s number one destination and marketplace for human resources, recruitment and learning leaders globally. UNLEASH is headquartered in London, UK with operations across Europe and the United States.
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Artificial Intelligence
BACARDÍ® RUM TO LAUNCH THE FIRST A.I. POWERED ALBUM PRODUCED BY GRAMMY WINNER BOI-1DA

The latest evolution of the iconic rum brand’s Music Liberates Music programme will use cutting-edge generative A.I. software to give a global collective of artists including UK singer/songwriter Bellah access to Boi-1da’s best-in-class production talent.
HAMILTON, Bermuda, Oct. 2, 2023 /PRNewswire/ — Continuing its mission to support emerging talent, BACARDÍ and Grammy Award-winning producer Boi-1da are once again partnering to launch this year’s evolution of the longstanding ‘Music Liberates Music’ programme: The A.I. Powered Album. Dropping this November, The A.I. Powered Album will champion works by five global up-and-coming artists in a one-of-a-kind project exploring how A.I. can be positively leveraged to provide emerging talent unprecedented opportunities. For the first time since the campaign’s inception, each artist will have the opportunity to try out multiple demos with Boi-1da’s star-powered beats, using a generative A.I. trained on the award-winning producer’s sound, to ultimately finalise one incredible track. Together, the tracks will be offered to fans as the first-ever A.I. powered EP produced by Boi-1da.
The A.I. Powered Album will feature tracks from UK-based singer Bellah as well as Ghanian-raised rapper Blackway, American R&B singers Floyd Fuji and Kyle Dion, and Canadian R&B artist Savannah Ré. Over several weeks, each artist will feed their tracks into a state-of-the-art generative A.I. tool, which has been trained on a selection of beats from Boi-1da’s unreleased catalogue and will learn the sounds and cadence of his unique musical style. After submitting their demos to Boi-1da, each artist will work alongside him to refine their works, resulting in the EP’s final set of songs to be released this November.
Bellah, from North London, has a special knack for gliding over classic R&B instrumentals and captivating audiences. With a handful of EPs under her belt, the burgeoning British/Nigerian singer/songwriter has proven why she is at the forefront of the UK R&B industry. In her third and most recent piece, Adultsville, Bellah explores what it means to evolve into a woman in the modern world. It’s the inner page of a journal that, in looking back on her life and work as a whole, she describes as the “most transforming, traumatic, eye-opening, beautiful, and awful chapter of my life.”
With a style that combines traditional R&B with an Afro influence, Bellah’s very likable and sincere lyricism shines just as brightly as her voice. Her British-Nigerian ancestry lends an Afro influence to that unfiltered R&B, a sound that has been praised by Complex and BBC 1Xtra, which named her first hit their Track Of The Week. As a rising star in the music and entertainment industry, she’s already garnered a MOBO nomination, cementing her status as one of the most promising talents in the UK music scene. With over 1 million monthly listeners on Spotify, Bellah has captivated a wide audience with her music.
As with each Music Liberates Music programme, all proceeds from the project will directly benefit the participating artists. All copyright and subsequent revenue from the tracks will remain with the artists and Boi-1da. Fans can enjoy The A.I. Powered Album available for purchase as a limited-edition vinyl as well as for free on streaming platforms, such as Spotify, this November.
“This is the fifth year we’re bringing Music Liberates Music back for artists and fans alike. We’re proud to continually support emerging talent with new resources that fuel creativity and collaboration,” said Laila Mignoni, Global Head of Brand Marketing Communications for BACARDÍ rum. “Ultimately, our goal is to provide opportunity and access to rising artists in the industry, so it’s been exciting to broaden Boi-1da’s capabilities, allowing him to work with multiple artists on multiple tracks, simultaneously as one producer. We know the conversation around AI has been a challenging one, so approaching this project with the utmost respect and protection for the artist was key in developing this new tool. The technology is, and always should be, complementary to each artist’s work and protective of all the creatives involved.”
“I’m thrilled to work with BACARDÍ on this ground-breaking new iteration of Music Liberates Music exploring AI as a tool to enrich human creativity,” says Boi-1da. “One of the most fulfilling responsibilities I have as a producer is to work with up-and-coming talent. Through the A.I. Powered Album, we’ve provided unprecedented access to my personal production style. I’m able to work with an international collective of artists simultaneously, while still honouring their creative autonomy. Music as an art has continually grown thanks to innovative technology, and with AI, I believe we can revolutionise the music industry for good if we view it as a way to provide opportunities that enhance music’s human element, rather than replace it.”
For more information and updates on the launch of The A.I. Powered Album follow @bacardi_uk on all social channels or visit Bacardi.com.
About BACARDÍ® Rum – The World’s Most Awarded Rum In 1862, in the city of Santiago de Cuba, founder Don Facundo Bacardi Massó revolutionized the spirits industry when he created a light-bodied rum with a particularly smooth taste – BACARDÍ. The unique taste of BACARDÍ rum inspired cocktail pioneers to invent some of the world’s most famous recipes including the BACARDÍ Mojito, the BACARDÍ Daiquiri, the BACARDÍ Cuba Libre, the BACARDÍ Piña Colada and the BACARDÍ El Presidente. BACARDÍ rum is the world’s most awarded spirit, with more than 1,000 awards for quality, taste and innovation. Today, BACARDÍ rum is made mainly in Puerto Rico where it is crafted to ensure the taste remains the same today as it did when it was first blended in 1862. http://www.BACARDÍ.com/
The BACARDÍ brand is part of the portfolio of Bacardi Limited, headquartered in Hamilton, Bermuda. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited.
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