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Artificial Intelligence in Construction Market Outlook to 2025: Business Development Analysis | IBM,Microsoft,Oracle,SAP,Alice Technologies,Aurora Computer Services,Autodesk,Coins Global,Beyond Limits,Plangrid,Renoworks Software,Bentley Systems

01-18-2019 08:14 AM CET | Industry, Real Estate & Construction

Press release from: Research Reports Inc.

Artificial Intelligence in Construction

Artificial Intelligence in Construction

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.

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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 leading market player are:IBM,Microsoft,Oracle,SAP,Alice Technologies,Aurora Computer Services,Autodesk,Coins Global,Beyond Limits,Plangrid,Renoworks Software,Bentley Systems
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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. 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.

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
The leading market player are:,IBM,Microsoft,Oracle,SAP,Alice Technologies,Aurora Computer Services,Autodesk,Coins Global,Beyond Limits,Plangrid,Renoworks Software,Bentley Systems

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Reasons to Purchase:

• Outperform competitors using accurate up to date demand-side dynamics information.
• Identify growth segments for investment.
• Facilitate decision making on the basis of historic and forecast data and the drivers and restraints on the market.
• Create regional and country strategies on the basis of local data and analysis.

Reports Objective:

• To analyze the Artificial Intelligence in Construction with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Artificial Intelligence in Construction submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

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