Valued at $3.1 billion in 2018, the global geotechnical instrumentation and monitoring market is expected to advance with a CAGR of 11.8% during 2019–2024. Growth in the construction sector across the world can be viewed as the key driver for the market. Moreover, growing urbanization and increasing government efforts toward developing sustainable infrastructure are supporting the market growth.

Valued at $3.1 billion in 2018, the global geotechnical instrumentation and monitoring market is expected to advance with a CAGR of 11.8% during 2019–2024. Growth in the construction sector across the world can be viewed as the key driver for the market. Moreover, growing urbanization and increasing government efforts toward developing sustainable infrastructure are supporting the market growth.