According to Transforma Insights, more than 11,500 infrastructure projects valued over USD25 million were in development worldwide as of May 2022. Governments and authorities are increasingly deploying sensors and cameras to remotely monitor infrastructure health. These sensors can detect anomalies or malfunctions, enabling authorities to take timely action and extend the lifespan of these structures. Remote monitoring not only reduces costs but also minimizes the need for on-site inspections and a large workforce.
1NCE team can track the high relevance of IoT systems in relation to Infrastructure: this vertical represents a significant 17%, making it the second-largest segment in our customer base, just after Utilities. Currently, our reference stories imply multiple use cases such as infrastructure monitoring, smart grid infrastructure, intelligent lighting solutions, pest control, and an array of other applications. These use cases are distributed across several key regions, with North America accounting for 23%, Europe for 22%, and APAC for a substantial 48%, while we also extend our services to South America, Middle East and Africa (MEA). In total, we proudly manage IoT connections for the Infrastructure sector in over 65 countries.