Latest Industry Research Report On global Artificial Intelligence (AI) In Construction Market Research Report 2020 in-depth analysis of the market state and also the competitive landscape globally.
The Artificial Intelligence (AI) In Construction market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2026. This report also includes the overall and comprehensive study of the Artificial Intelligence (AI) In Construction market with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the Artificial Intelligence (AI) In Construction industry and provides data for making strategies to increase the market growth and effectiveness.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
The global Artificial Intelligence (AI) In Construction Market was valued at USD 580.70 million in 2019, and is expected to reach a value of USD 3,327.06 million by 2026, at a CAGR of 33.79%, during the forecast period 2020 – 2026.
Artificial Intelligence (AI) In Construction Market: Overview
In the recent years, artificial intelligence has been very beneficial to the construction industry, especially in pre-construction phases, like planning and designing, enabling advanced capabilities for building information modeling and generative design. Additionally, considerable innovations in safety, monitoring, and maintenance systems that use AI capabilities to predict and warn about adverse situations are gradually increasing the role of AI-based technology in the construction industry.
Lack of skilled work force, due to stringent migration regulations in many regions, especially in North America and Europe, is driving the demand for AI-based automation in the construction sector. In the current market scenario, according to over 69% of project owners, poor contractor and workforce performances are the major reasons for project underperformance. Additionally, some factors, like rising demand for AI-based platforms and solutions, widespread adoption of Industry 4.0 and IIoT, and stringent safety regulations by governments, are driving the market.
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The Following Top Key Players in the Artificial Intelligence (AI) In Construction Market: Autodesk, IBM, Microsoft, Oracle, SAP, and other.
This report segments the market on the basis of Types are:
On the basis of Application, the market is segmented into:
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Regional outlook: The regions covered in the reports of the Artificial Intelligence (AI) In Construction market are
North America (United States, Canada, and Mexico)
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
Central & South America (Brazil, Rest of South America)
Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Other)
Influence of the Artificial Intelligence (AI) In Construction market report:
– Comprehensive assessment of all opportunities and risk in the market.
– Artificial Intelligence (AI) In Construction market recent innovations and major events.
– Detailed study of business strategies for growth of the market-leading players.
– Conclusive study about the growth plot of Artificial Intelligence (AI) In Construction market for forthcoming years.
– In-depth understanding of market-particular drivers, constraints and major micro markets.
– Favorable impression inside vital technological and market latest trends striking the market report.
Table of Content (TOC):
Chapter 1 Introduction and Overview
Chapter 2 Industry Cost Structure and Economic Impact
Chapter 3 Rising Trends and New Technologies with Major key players
Chapter 4 Global Artificial Intelligence (AI) In Construction Market Analysis, Trends, Growth Factor
Chapter 5 Global Market Application and Business with Potential Analysis
Chapter 6 Global Artificial Intelligence (AI) In Construction Market Segment, Type, Application
Chapter 7 Global Market Analysis (by Application, Type, End User)
Chapter 8 Major Key Vendors Analysis of Artificial Intelligence (AI) In Construction Market
Chapter 9 Development Trend of Analysis
Chapter 10 Conclusion
The report has 150 tables and figures browse the report description and TOC:
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Scope of the report:
Report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on latest industry news, opportunities and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.