Artificial Intelligence (AI) in Construction Market Is Thriving Worldwide | Top Companies, Latest Innovation, Advance Technology

According to Market Study Report, Artificial Intelligence (AI) in Construction Market provides a comprehensive analysis of the Artificial Intelligence (AI) in Construction Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Artificial Intelligence (AI) in Construction Market.

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Key Players- IBM (US), Microsoft (US), Oracle (US), SAP (Germany), Alice Technologies (US), eSUB (US), Smartvid.io(US), Aurora Computer Services(England), Autodesk(US), and Building System Planning(US).

The Global Artificial Intelligence (AI) in Construction Market to grow from US$ 407.2 Million in 2018 to US$ 1,831.0 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period. Artificial Intelligence in Construction Market report spread across 150 Pages, Profiling 23 Companies and Supported with 78 Tables and 37 Figures is now available in this research report.

"The Cloud Deployment type is expected to have the larger market share during the forecast period"
In the AI in Construction Market, the cloud deployment type offers multiple benefits, such as reduced operational and maintenance costs, fewer complexities, and more scalability. AIin construction solution providers are focusing on deploying robust cloud-based solutions for their clients, as many organizations have started adopting the cloud-based deployment type. Additionally, the cloud deployment type is user-friendly, cost-effective, and easy to access.

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"Among Technologies, the machine learning and deep learning segment is expected to have the larger market size during the forecast period"
The AI in Construction Market by technology has been segmented into machine learning and deep learning; and Natural Language Processing (NLP). Among these technologies, the machine learning and deep learning segment is expected to have the larger market size.

"North America is expected to have the largest market size in the AI in construction market during the forecast period"
Among regions, North America is expected to have the largest market size in the AI in construction market during the forecast period. The North American region has always stayed ahead in technological adoption and is a hub for many technically advanced construction companies. These companies have made huge investments in the AI in construction market, and several vendors have evolved to cater to the rapidly growing market. Considerable growth in the market size is expected in the region during the forecast period.

Study Objectives:
The Objective of the report is to define, describe, and forecast the size of the AI in construction market on the basis of technologies, stages, components (solutions and services), applications, deployment types, organization size, industry types, and regions. The report also aims at providing detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges).

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Target Audience for Artificial Intelligence in Construction Market:
o AI in construction solution vendors
o Mobile device manufacturers
o AI in construction service providers
o Application developers
o System integrators
o Information Technology (IT) developers
o Third-party vendors
o Infrastructure providers
o AI end-users in the construction industry
o Government agencies and organizations
o Regulatory and compliance agencies

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