Artificial Intelligence in Construction Market Growth and Analysis by Major Top Vendors are IBM, Microsoft, Oracle,SAP, Alice Technologies, Aurora Computer Services, Autodesk,Coins Global,Beyond Limits, Plangrid,Renoworks Software,Bentley Systems

ResearchReportsInc.com adds a new 2018-2023 Global Artificial Intelligence in Construction Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

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Global Artificial Intelligence in Construction Market to reach USD XX billion by 2025.
Global Artificial Intelligence in Construction Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The major driving factor of global artificial intelligence in construction market are growing demand across end user industries, technological advancements have encouraged the organizations especially construction and engineering sector and the increasing digital data. In addition, a rapid surge in the growth of the digital data has been witnessed owing to the growing adoption of Building Information Systems (BIM), security sensors, drones, and machine telematics.
This is encouraging construction companies to adopt advanced analytics solutions to take the full advantage of the huge amount of digital data and extract actionable insights. The major restraining factor of global artificial intelligence in construction market are unstructured construction environment and lack of skilled workforce. Moreover, adoption of the drones, robots, and autonomous vehicles in the construction sector is also backing the growth of the artificial intelligence in construction market. Artificial Intelligence in Construction Management is the core of artificial intelligence. With data collected at various cycles of the construction project across many different projects in construction firms, this provides valuable learning information for artificial intelligence applications. Artificial intelligence serves as a helpful tool for every phase of the construction project.
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The major key benefits of artificial intelligence are By using Construction Language Analysis, from tools such as Autodesk BIM 360 software, algorithms are able to understand complex data and predict potential problems, by using AI technology in the construction industry and scanning software, they can track the body movement of bricklayers to analyses their form in order to reduce the amount of injuries on-site and artificial intelligence in construction can be used to measure a project’s parameters which is then fed into a computer which understands the data and requirements of their physical location.
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By Application:
Project Management
Field Management
Risk Management
Schedule Management
Supply-Chain Management
Others

By Industry:

Residential
Institutional Commercial
Heavy construction
Others

By Component:

Solutions
Services

By Stage of Construction:

Pre-Construction
Construction Stage
Post-Construction

By Technology:

Machine Learning & Deep Learning
Natural Language Processing

By Deployment:

Cloud
On-Premises

By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

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