According to Precedence Research, the global structural health monitoring (SHM) market is valued at about USD 7.75 billion in 2025 and is expected to reach USD 27.06 billion by 2034, a CAGR of roughly 14.9%. North America holds the largest share at about 34%, while Asia-Pacific — led by China — is the fastest-growing region.
Mordor Intelligence, with a narrower scope focused on instrumentation and services, sizes the market at USD 3.57 billion in 2025 growing to USD 5.48 billion by 2030 (about 9% CAGR). Despite the different scopes, both point to the same trend: an aging infrastructure stock and rising monitoring penetration are putting SHM on a long-term growth track.
In practice, falling costs of MEMS sensors and wireless networking are moving structural monitoring from a flagship-project option to routine asset operations. That is exactly where Corecloud focuses: high-precision MEMS vibration and tilt sensing with low-power wireless networks, bringing 24/7 online protection to more bridges, buildings and towers at an affordable cost.
Sources: public report summaries by Precedence Research and Mordor Intelligence (2025–2026 editions).