What is the size of the modular construction market?

The market size is estimated to grow from USD 95.43 Bn in 2022 to USD 134.22 Bn by 2028. The major factor leading to the progress of the market is infrastructure spending by the global and regional economies. Further, it is estimated that spending on infrastructure and capital projects will increase substantially over the next decade.
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Modular Construction Market Size, Trends, Growth Report 2028
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Modular Construction Market Size, Trends, Growth Report 2028

The modular construction market size was valued at USD 95.43 billion in 2022 and is poised to reach USD 134.22 billion by 2028, growing at a CAGR of 5.73% from 2023 to 2028.