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According to the report “ Smart Cities Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019 ,” the global smart cities market is expected to reach a value of $1,265.85 billion by 2019, growing at a CAGR of 14.0% from 2013 to 2019. billion by 2019.
According to the report “Facility Management Market by Solutions (CAFM, IWMS, CMMS, BIM, IWMS) & Services – Worldwide Market Forecasts and Analysis (2014-2019), “ infrastructural development and technological advancements are the primary factors driving the growth for the facility management market.
Associated Builders and Contractors Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures, according to a recently published 2019 economic outlook. Job growth, high backlog and healthy infrastructure investment all spell good news for the industry.
There’s also plenty of good news: infrastructure investments are pouring in, sustainability continues to be a focus, and digital technologies are helping firms be more efficient. In 2022, APAC construction experts expect growth in private residential, commercial, and infrastructure to be up 12%, 15%, and 50% respectively. Statista ].
How the newly passed infrastructure bill will impact the industry outlook. “In In order to forecast what’s ahead, we first need to take a good look at the current state of the industry in the US. . “In 2019, there were about 400,000 to 420,000 open positions in the construction sector.
These data points portray the current state of affairs while also forecasting what’s to come. The fastest-growing sector between 2020 and 2025 is forecasted to be infrastructure. As of Q2 2021, German banks have seen sales growth up to 30% compared to 2019. Growth opportunities. The annual growth is expected to be 5.1%
However, the competition is heating up as other ports build up their infrastructure and dredge their channels to get ready. This new investment in port infrastructure is an important step forward to help grow our local economy and to secure the Port of Baltimore’s future for years to come,” said Baltimore Mayor Rawlings-Black.
Okta’s 2019 Business @ Work research report found that larger companies deploy an average of 163 apps (up from 129 in 2018) while smaller ones deploy an average of 99 (up from 73 in 2018). Use solutions to keep tabs on the financial health of a project, so you can implement accurate forecasting and resource allocation. .
Contributing to the area’s outstanding infrastructure are Johnson County REMC, a member-owned electric distribution cooperative, and Hoosier Energy, a generation and transmission cooperative providing wholesale power and services to the distribution cooperative. which is now the city of Greenwood’s second largest employer.
Thanks in part to its pro-business policies, strong workforce and trade infrastructure, Florida ranks among the nation’s top 10 states for manufacturing. The Ignite Institute is on pace to welcome up to 1,000 students, grades 9-12, beginning in the 2019-2020 school year. Natural and infrastructure advantages abound, too.
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