Global Artificial Intelligence (AI) in Construction Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI01241617

Publication Date:

January 11, 2024

Pages:

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global Artificial Intelligence (AI) in Construction market size was valued at US$ 997.7 million in 2023. With growing demand in downstream market, the Artificial Intelligence (AI) in Construction is forecast to a readjusted size of US$ 7064.1 million by 2030 with a CAGR of 32.3% during review period.
The research report highlights the growth potential of the global Artificial Intelligence (AI) in Construction market. Artificial Intelligence (AI) in Construction are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Artificial Intelligence (AI) in Construction. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Artificial Intelligence (AI) in Construction market.
Artificial intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. The term may also be applied to any machine that exhibits traits associated with a human mind such as learning and problem-solving.
Artificial intelligence has evolved with improved safety standards and assist in predicting hazards at construction sites before they take place. Therefore, the construction companies have leveraged the artificial intelligence technology in terms of predictive maintenance and risk management solutions. Also, the AI in the construction industry is highly adopted for the development of industrial internet of things (IIoT) based applications for construction sites. IIoT assists project managers with efficient outputs and reduced labor costs, which boosts the demand for artificial intelligence in the industry. Construction companies are focusing on investments in IIoT applications development to implement industry 4.0 and support full automation at their job sites.
The Artificial Intelligence (AI) in Construction industry can be broken down into several segments, Solution, Service, etc.
Across the world, the major players cover Autodesk, IBM, Microsoft, etc.
In the global companies about the artificial Intelligence (AI) in construction, the IBM had the maximum market share with over 32% in 2019.
Between the two types of breakdown about artificial Intelligence (AI) in construction, the solution held more market share with around 67% in 2019.
Key Features:
The report on Artificial Intelligence (AI) in Construction market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Artificial Intelligence (AI) in Construction market. It may include historical data, market segmentation by Type (e.g., Solution, Service), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Artificial Intelligence (AI) in Construction market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Artificial Intelligence (AI) in Construction market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Artificial Intelligence (AI) in Construction industry. This include advancements in Artificial Intelligence (AI) in Construction technology, Artificial Intelligence (AI) in Construction new entrants, Artificial Intelligence (AI) in Construction new investment, and other innovations that are shaping the future of Artificial Intelligence (AI) in Construction.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Artificial Intelligence (AI) in Construction market. It includes factors influencing customer ' purchasing decisions, preferences for Artificial Intelligence (AI) in Construction product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Artificial Intelligence (AI) in Construction market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Artificial Intelligence (AI) in Construction market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Artificial Intelligence (AI) in Construction market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Artificial Intelligence (AI) in Construction industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Artificial Intelligence (AI) in Construction market.
Market Segmentation:
Artificial Intelligence (AI) in Construction market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Solution
Service
Segmentation by application
Project Management
Field Management
Risk Management
Schedule Management
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Autodesk
IBM
Microsoft
Oracle
SAP

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Artificial Intelligence (AI) in Construction Market Size 2019-2030
2.1.2 Artificial Intelligence (AI) in Construction Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Artificial Intelligence (AI) in Construction Segment by Type
2.2.1 Solution
2.2.2 Service
2.3 Artificial Intelligence (AI) in Construction Market Size by Type
2.3.1 Artificial Intelligence (AI) in Construction Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Artificial Intelligence (AI) in Construction Market Size Market Share by Type (2019-2024)
2.4 Artificial Intelligence (AI) in Construction Segment by Application
2.4.1 Project Management
2.4.2 Field Management
2.4.3 Risk Management
2.4.4 Schedule Management
2.4.5 Other
2.5 Artificial Intelligence (AI) in Construction Market Size by Application
2.5.1 Artificial Intelligence (AI) in Construction Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Artificial Intelligence (AI) in Construction Market Size Market Share by Application (2019-2024)
3 Artificial Intelligence (AI) in Construction Market Size by Player
3.1 Artificial Intelligence (AI) in Construction Market Size Market Share by Players
3.1.1 Global Artificial Intelligence (AI) in Construction Revenue by Players (2019-2024)
3.1.2 Global Artificial Intelligence (AI) in Construction Revenue Market Share by Players (2019-2024)
3.2 Global Artificial Intelligence (AI) in Construction Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Artificial Intelligence (AI) in Construction by Regions
4.1 Artificial Intelligence (AI) in Construction Market Size by Regions (2019-2024)
4.2 Americas Artificial Intelligence (AI) in Construction Market Size Growth (2019-2024)
4.3 APAC Artificial Intelligence (AI) in Construction Market Size Growth (2019-2024)
4.4 Europe Artificial Intelligence (AI) in Construction Market Size Growth (2019-2024)
4.5 Middle East & Africa Artificial Intelligence (AI) in Construction Market Size Growth (2019-2024)
5 Americas
5.1 Americas Artificial Intelligence (AI) in Construction Market Size by Country (2019-2024)
5.2 Americas Artificial Intelligence (AI) in Construction Market Size by Type (2019-2024)
5.3 Americas Artificial Intelligence (AI) in Construction Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Artificial Intelligence (AI) in Construction Market Size by Region (2019-2024)
6.2 APAC Artificial Intelligence (AI) in Construction Market Size by Type (2019-2024)
6.3 APAC Artificial Intelligence (AI) in Construction Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Artificial Intelligence (AI) in Construction by Country (2019-2024)
7.2 Europe Artificial Intelligence (AI) in Construction Market Size by Type (2019-2024)
7.3 Europe Artificial Intelligence (AI) in Construction Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Artificial Intelligence (AI) in Construction by Region (2019-2024)
8.2 Middle East & Africa Artificial Intelligence (AI) in Construction Market Size by Type (2019-2024)
8.3 Middle East & Africa Artificial Intelligence (AI) in Construction Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Artificial Intelligence (AI) in Construction Market Forecast
10.1 Global Artificial Intelligence (AI) in Construction Forecast by Regions (2025-2030)
10.1.1 Global Artificial Intelligence (AI) in Construction Forecast by Regions (2025-2030)
10.1.2 Americas Artificial Intelligence (AI) in Construction Forecast
10.1.3 APAC Artificial Intelligence (AI) in Construction Forecast
10.1.4 Europe Artificial Intelligence (AI) in Construction Forecast
10.1.5 Middle East & Africa Artificial Intelligence (AI) in Construction Forecast
10.2 Americas Artificial Intelligence (AI) in Construction Forecast by Country (2025-2030)
10.2.1 United States Artificial Intelligence (AI) in Construction Market Forecast
10.2.2 Canada Artificial Intelligence (AI) in Construction Market Forecast
10.2.3 Mexico Artificial Intelligence (AI) in Construction Market Forecast
10.2.4 Brazil Artificial Intelligence (AI) in Construction Market Forecast
10.3 APAC Artificial Intelligence (AI) in Construction Forecast by Region (2025-2030)
10.3.1 China Artificial Intelligence (AI) in Construction Market Forecast
10.3.2 Japan Artificial Intelligence (AI) in Construction Market Forecast
10.3.3 Korea Artificial Intelligence (AI) in Construction Market Forecast
10.3.4 Southeast Asia Artificial Intelligence (AI) in Construction Market Forecast
10.3.5 India Artificial Intelligence (AI) in Construction Market Forecast
10.3.6 Australia Artificial Intelligence (AI) in Construction Market Forecast
10.4 Europe Artificial Intelligence (AI) in Construction Forecast by Country (2025-2030)
10.4.1 Germany Artificial Intelligence (AI) in Construction Market Forecast
10.4.2 France Artificial Intelligence (AI) in Construction Market Forecast
10.4.3 UK Artificial Intelligence (AI) in Construction Market Forecast
10.4.4 Italy Artificial Intelligence (AI) in Construction Market Forecast
10.4.5 Russia Artificial Intelligence (AI) in Construction Market Forecast
10.5 Middle East & Africa Artificial Intelligence (AI) in Construction Forecast by Region (2025-2030)
10.5.1 Egypt Artificial Intelligence (AI) in Construction Market Forecast
10.5.2 South Africa Artificial Intelligence (AI) in Construction Market Forecast
10.5.3 Israel Artificial Intelligence (AI) in Construction Market Forecast
10.5.4 Turkey Artificial Intelligence (AI) in Construction Market Forecast
10.5.5 GCC Countries Artificial Intelligence (AI) in Construction Market Forecast
10.6 Global Artificial Intelligence (AI) in Construction Forecast by Type (2025-2030)
10.7 Global Artificial Intelligence (AI) in Construction Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 Autodesk
11.1.1 Autodesk Company Information
11.1.2 Autodesk Artificial Intelligence (AI) in Construction Product Offered
11.1.3 Autodesk Artificial Intelligence (AI) in Construction Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Autodesk Main Business Overview
11.1.5 Autodesk Latest Developments
11.2 IBM
11.2.1 IBM Company Information
11.2.2 IBM Artificial Intelligence (AI) in Construction Product Offered
11.2.3 IBM Artificial Intelligence (AI) in Construction Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 IBM Main Business Overview
11.2.5 IBM Latest Developments
11.3 Microsoft
11.3.1 Microsoft Company Information
11.3.2 Microsoft Artificial Intelligence (AI) in Construction Product Offered
11.3.3 Microsoft Artificial Intelligence (AI) in Construction Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Microsoft Main Business Overview
11.3.5 Microsoft Latest Developments
11.4 Oracle
11.4.1 Oracle Company Information
11.4.2 Oracle Artificial Intelligence (AI) in Construction Product Offered
11.4.3 Oracle Artificial Intelligence (AI) in Construction Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Oracle Main Business Overview
11.4.5 Oracle Latest Developments
11.5 SAP
11.5.1 SAP Company Information
11.5.2 SAP Artificial Intelligence (AI) in Construction Product Offered
11.5.3 SAP Artificial Intelligence (AI) in Construction Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 SAP Main Business Overview
11.5.5 SAP Latest Developments
12 Research Findings and Conclusion

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