Data View Bridges and Bandwidth: The $106 Trillion Infrastructure Moment Infrastructure underpins global prosperity and modern industry. A confluence of global forces is accelerating the need for infrastructure investment and changing the very definition of infrastructure. Traditional structures like roads and power grids now coexist with digital infrastructure such as fiber networks, data centers, and electric-vehicle charging stations—each requiring long-term investment. McKinsey projects that $106 trillion in infrastructure investment will be needed through 2040, spanning seven sectors across five regions. Total infrastructure investment through 2040, projected, by sector, $ trillion Note: For details, see The infrastructure moment: Investing in the expanding foundations of modern society , McKinsey, Sept 2025. Figures do not sum to totals, because of rounding. 20 M C K I N S EY Q UA RT E R LY Outlook 0 Transportation 34% 22% 15% 18% 6% 4% 2% Energy Digital Social Waste and water Agriculture Aerospace and defense Infrastructure underpins global prosperity and modern industry. A confluence of global forces is accelerating the need for infrastructure investment and changing the very definition of infrastructure. Traditional structures like roads and power grids now coexist with digital infrastructure such as fiber networks, data centers, and electric-vehicle charging stations—each requiring long-term investment. McKinsey projects that $106 trillion in infrastructure investment will be needed through 2040, spanning seven sectors across five regions. Bridges and bandwidth: The $106 trillion infrastructure moment Data View 36 Transportation 23 Energy 19 Digital 16 Social 6 Waste and water 5 Agriculture 2 Aerospace and defense Breakdown of $106 trillion, % Bridges and Bandwidth: The $106 Trillion Infrastructure Moment Data View Outlook Infrastructure underpins global prosperity and modern industry. A confluence of global forces is accelerating the need for infrastructure investment and changing the very definition of infrastructure. Traditional structures like roads and power grids now coexist with digital infrastructure such as fiber networks, data centers, and electric-vehicle charging stations—each requiring long-term investment. McKinsey projects that $106 trillion in infrastructure investment will be needed through 2040, spanning seven sectors across five regions. Total infrastructure investment through 2040, projected, by sector, $ trillion Note: For details, see The infrastructure moment: Investing in the expanding foundations of modern society , McKinsey, Sept 2025. Figures do not sum to totals, because of rounding.