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The AI in construction is refers to the technology use in making building sites safer, reducing waste and improving the efficiency. Artificial Intelligence (AI) can helps to enhance the construction execution planning, the updating of construction sequences as well as the task management. Global artificial intelligence (AI) in construction market is growing at a rapid pace owing to rising demand for cloud-based solutions, and increasing adoption for digital platforms. However, shortage of skilled professionals are expected to hamper the growth of the market.
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Artificial Intelligence (AI) in Construction Market Size, Share, Investment Opportunities, Top Regions, Growth & Forecast by 2027 The global artificial intelligence (AI) in construction market is estimated to reach USD 4823.12 Million by 2027 at a CAGR of 35.1% during the review period The global artificial intelligence (AI) in construction market is segmented by into offering, stage, deployment mode, application, and technology and industry type. Based on basis of stage, the market is sub segmented into pre-construction, construction- stage and post-construction. On the bases of region, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa North America accounted for the major market share owing to enhance purchasing power, as well as the continuous growing investments in automation. Top players that account for the major share include IBM Corporation, Microsoft, Oracle, SAP SE, Smartvid.io, Inc. and among others Get Sample Copy of This Report @ https://www.forencisresearch.com/artificial- intelligence-ai-in-construction-market-sample-pdf/ Global Artificial Intelligence (AI) in Construction Market: Key Market Dynamics There has been rising demand for cloud-based solutions for the development of AI in construction. This resulted in minimize the operational and maintenance costs, some complexities, and scalability.
The increasing adoption for the digital platforms is also lead to enhance artificial intelligence in construction market growth. Further, adoption for Industrial Internet of Things (IIoT) is create a significant growth of the market. However, lack of skilled professionals are hindering the growth of the market Request Report Methodology On Competition On Global Artificial Intelligence (AI) in Construction Market Here @ https://www.forencisresearch.com/artificial-intelligence- ai-in-construction-market-request-methodology/ Global Artificial Intelligence (AI) in Construction Market: Regional Overview North America: North America region is further divided in to the US, Canada and Mexico. Globally, North America accounted for the major market share. The construction industries in the region have create a major investments in the market, as well as growing business have led to cater to the rapidly growing market. The region is excepted to have various AI solution providers as well as the construction companies, which making it the most competitive region. For example, various construction companies, that includes PCL Constructers Inc. and ThyssenKrupp AG used the Microsoft Azure, which is developed by Microsoft for deploying AI-enabled building solutions. The US based firm, Robotics is focuses on transforming the way that road infrastructure is maintained and managed. The growing investments in Industrial Internet of Things (IIoT), in this region is further influencing the growth of the market. Asia-Pacific Asia-Pacific region is segmented into five major countries including China, Japan, India, Australia, and South Korea
Asia-Pacific region is expected to grow at the fastest growth rate with the increasing infrastructural investments for the applications of risk management as well as for the project management create an opportunities for the market growth in the forecast period. The growing initiative by the government of the region to create smart cities is also drive the companies to adopt AI solutions and services. The region is projected to contribute more than 30% the global construction market, which will result in the growing adoption of Artificial Intelligence (AI) technology by the construction companies in the region. List of the leading companies operating in the Artificial Intelligence (AI) in Construction Market include: ALICE Technologies Inc (Company Overview, Financial Overview, Product Synopsis, Key Developments, SWOT Analysis, & Key Strategy) Aurora Computer Services Ltd Autodesk, Inc. Darktrace eSUB Inc. IBM Corporation Microsoft Oracle SAP SE Smartvid.io, Inc. Other Key Companies To Understand How COVID-19 Impact is Covered in This Report. Consult with an Analyst @ https://www.forencisresearch.com/artificial-intelligence-ai-in-construction-market- consult-with-an-analyst/ Artificial Intelligence (AI) in Construction Market by Region Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
North America (US, Canada, Mexico) Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe) Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) South America (Brazil, Argentina, Rest of South America) Table of Content: 1.INTRODUCTION 1.Research Objectives 2.Market Definition 3.Research Scope 4.Regional Coverage 5.Research Timeline 6.Assumptions 7.Limitations 2.RESEARCH DESIGN & SCOPE 1.Introduction 2.Primary Research 1.Key Industry Expert Insight 3.Secondary Research 1.Vital Data from Secondary Sources 4.Market Size Estimation 5.Data Validation & Triangulation 3.EXECUTIVE SUMMARY 4.MARKET DYNAMICS 1.Introduction 2.Drivers 1.Rising Demand for Cloud-Based Solutions 2.Increasing Adoption for Digital Platforms 3.Restraint 1.Less R&D Investments 4.Opportunities
1.Rising Adoption Drones and Autonomous Vehicles 2.Increasing Adoption for Industrial Internet of Things (IIoT) 5.Challenges 1.Shortage of Skilled Professionals 5.Market Factor Analysis 1.Porters Five Forces Analysis 1.Power of Buyers 2.Power of Suppliers 3.Intensity of Competition 4.Challenges of Substitutes 5.Challenges of New Entrants 2.Macro-Economic Indicators 3.COVID-19 Impact Analysis 1.Impact on Services 2.Impact on Market Growth 3.Impact on Regions 6.GLOBAL ARTIFICIAL INTELLIGENCE (AI) IN CONSTRUCTION MARKET BY OFFERING, MARKET SIZE IN USD MILLION (2018-2027) 1.Introduction 2.Solution 3.Service 7.GLOBAL ARTIFICIAL INTELLIGENCE (AI) IN CONSTRUCTION MARKET BY STAGE, MARKET SIZE IN USD MILLION (2018-2027) 1.Introduction 2.Pre-Construction 3.Construction-Stage 4.Post-Construction 8.GLOBAL ARTIFICIAL INTELLIGENCE (AI) IN CONSTRUCTION MARKET BY DEPLOYMENT MODE, MARKET SIZE IN USD MILLION (2018-2027) 1.Introduction 2.Cloud
3.On-Premises 9.GLOBAL ARTIFICIAL INTELLIGENCE (AI) IN CONSTRUCTION MARKET BY APPLICATION, MARKET SIZE IN USD MILLION (2018-2027) 1.Introduction 2.Asset Management 3.Supply Chain Management 4.Project Management 5.Risk Management 6.Schedule Management 7.Others 10.GLOBAL ARTIFICIAL INTELLIGENCE (AI) IN CONSTRUCTION MARKET BY TECHNOLOGY, MARKET SIZE IN USD MILLION (2018-2027) 1.Introduction 2.Machine learning and deep learning 3.Natural Language Processing (NLP) 11.GLOBAL ARTIFICIAL INTELLIGENCE (AI) IN CONSTRUCTION MARKET BY INDUSTRY TYPE, MARKET SIZE IN USD MILLION (2018-2027) 1.Introduction 2.Heavy Construction 3.Residential 4.Public Infrastructure 5.Others 12.GLOBAL ARTIFICIAL INTELLIGENCE (AI) IN CONSTRUCTION MARKET BY ENTERPRISES SIZE, MARKET SIZE IN USD MILLION (2018-2027) 1.Introduction 2.Small & Medium-sized Enterprises (SMEs) 3.Large Enterprises 13.GLOBAL ARTIFICIAL INTELLIGENCE (AI) IN CONSTRUCTION MARKET BY REGION, MARKET SIZE IN USD MILLION (2018-2027) 1.North America 1.US
2.Canada 3.Mexico 2.Asia-Pacific 1.China 2.India 3.Japan 4.Australia 5.South Korea 6.Rest of Asia-Pacific 3.Europe 1.Germany 2.France 3.Italy 4.UK 5.Spain 6.Rest of Europe 4.Middle East and Africa 1.Saudi Arabia 2.UAE 3.Rest of Middle East and Africa 5.South America 1.Brazil 2.Argentina 3.Rest of South America 14.COMPETITIVE LANDSCAPE 1.Introduction 2.Market Ranking/Share Analysis of Key Companies 3.Company Benchmarking 4.Key Developments 15.COMPANY PROFILES 1.ALICE Technologies Inc.
1.Company Overview 2.Financial Overview 3.Products/Solutions/Services Offered 4.Key Developments 5.SWOT Analysis 6.Key Strategy 2.Aurora Computer Services Ltd 3.Autodesk, Inc. 4.Darktrace 5.eSUB Inc. 6.IBM Corporation 7.Microsoft 8.Oracle 9.SAP SE 10.Smartvid.io, Inc. 11.Other Key Companies 16.APPENDIX 1.Key Industry Expert Insights 2.Primary Discussion Guide 3.Customization Options Purchase this Premium Industry Research Report with Analysis @ https://www.forencisresearch.com/artificial-intelligence-ai-in-construction-market- purchase-now/ About Forencis Research Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by
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