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LONDON, GREATER LONDON, UK, October 13, 2023 /EINPresswire.com/ — The “AI In Construction Global Market Report 2023” by The Business Research Company offers an extensive overview of the AI in construction market. According to TBRC’s forecast, the AI in construction market is projected to reach a market size of $4.05 billion by 2027, with a significant compound annual growth rate (CAGR) of 31.12%.
The growth of the AI in construction market can be attributed to the increasing number of infrastructure projects. North America is expected to have the largest market share in AI in construction. Major players in the market include Doxel Inc., Building System Planning Inc., Microsoft Corporation, Oracle Corporation, SAP SE, Alice Technologies Inc., and eSUB Inc.
Learn More On The AI In Construction Market By Requesting A Free Sample (Includes Graphs And Tables):
Emerging AI In Construction Market Trend
An emerging trend in the AI in construction market is technological advancements. Companies operating in the AI in construction market are actively adopting new technologies to enhance and maintain their competitive position in the market.
AI In Construction Market Segments
• By Component: Solutions, Services
• By Stage: Pre-Construction, Construction Stage, Post-Construction
• By Deployment Type: Cloud, On-Premises
• By Application: Project Management, Field Management, Risk Management, Schedule Management, Supply Chain Management, Other Applications
• By Industry Type: Heavy Construction, Institutional Commercials, Residential, Other Industry Types
• By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
AI in construction refers to the use of artificial intelligence (AI) tools and methods in the construction sector to gain a detailed view of all on-site activities. AI can be utilized to enhance energy efficiency, indoor air quality, and other performance indicators by analyzing data from building systems.
AI In Construction Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The AI In Construction Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on market size, drivers and trends, major players, competitors’ revenues, market positioning, and market growth across geographies. The AI in construction market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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