IoT in Construction Market Emerging Growth | Cisco, Caterpillar Inc., Sigfox, Wipro, DroneDeploy, DAQRI, Construction Robotics, Pillar Technologies, Losant, Trimble Group

IoT in Construction Market report also provides CAGR value fluctuation in percentage during the forecast period of 2020-2025 for the market. SWOT analysis has been used throughout the IoT in Construction Market report which helps emphasize on the global key manufacturers, IoT in Construction Market definition, description and analysis of the market competition landscape. With the study of competitor analysis, IoT in Construction industry can get knowhow of the strategies of key players in the IoT in Construction Market that includes but are not limited to new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions

rfm Research's report predicts, the global IoT in construction industry will grow at a CAGR of 35.98% during the forecast period -2024.In the vendor profile section, for companies that are privately held, the financial information and revenue of segments will be limited.

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The key players offering IoT solutions in construction industry globally include:

o Cisco,

o Caterpillar,

o Sigfox,

o Wipro,

o DroneDeploy,

o DAQRI,

o Construction Robotics,

o Atlas RFID Solutions,

o Pillar Technologies,

o Losant,

o Trimble Group

Overview of IoT in the Construction Market

There are several industries where IoT can be of great influence and construction industry is one among them. Some of the major areas where IoT could be deployed in construction industry are remote support and operation, equipment servicing, fleet management, fuel savings, and for BIM (building information modeling). With the implementation of IoT systems, the construction companies can save time and cost.

The IoT in Construction Industry is categorized based on three Segments - Products, Applications, and Regions.

IoT in Construction Industry Market by Products
o Hardware
o Software
o Services

IoT in Construction Industry Market by Applications
o Safety
o MRO
o Remote operations
o Fleet management

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IoT in Construction Industry Market by Regions
o Americas (Americas include North America and Latin America)
o EMEA (EMEA includes Europe, Middle East and Africa)
o APAC (APAC include East Asia, South Asia, Southeast Asia, and Oceania)

Competitive Analysis and Key Vendors | IoT in Construction Market

Construction industry is one of the industries where IoT and digitalization are facing sluggish growth. However, features including data storage, remote access, and office-field data exchange are not new to the construction industry. The industry is gaining attention among major IoT solution providers and is expected to witness increasing investments in IoT during the forecast period.

The market research report provides a detailed market segmentation analysis of the IoT in Construction market by products (Hardware, Software, Services), by applications (Safety, MRO, Remote operations, Fleet management) and by region (Americas, EMEA, APAC). This market research report identifies many companies which includes Cisco, Caterpillar, Sigfox, Wipro, DroneDeploy, DAQRI, among others in IoT in the construction market.

Americas is the largest contributor within the global IoT market in construction industry. The extent of adoption of IoT enabled devices is high in US and Canada. In Americas, the growth of IoT in construction sector is mainly attributed to the increasing use of IoT in modular construction and prefabricated building. Modular construction helps the construction companies to build smarter and greener buildings quickly. Companies can construct new buildings in half the time required as well as result in less wastage of resources compared to traditional methods.

Table of Contents | IoT in Construction Market

1. IoT in Construction Market Introduction

2. IoT in Construction Market Segmentation

3. IoT in Construction Market Overview

4. IoT in Construction Market Executive Summary

5. Premium Insights

6. Global, By Component

7. IoT in Construction Market Product Type

8. Delivery

9. Industry Type

10. IoT in Construction Market By Geography

10.1. Overview

10.2. North America

10.3. Europe

10.4. Asia-Pacific

10.5. South America

10.6. Middle East & Africa

11. Company Landscape

12. Company Profiles

13. Related Reports

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Benefits

The aim of this report is to define, describe, and forecast the IoT in construction market on the basis of segments, which include products, applications, and regions. In addition, it helps venture capitalists in understanding the companies better and make well-informed decisions. It is primarily designed to provide the company's executives with strategically substantial competitor information, data analysis, and insights about the market, development, and implementation of an effective marketing plan.

Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Contact:

Mr. A Naidu

Research for Markets

Tel: +44 8000-4182-37 (UK)

Email: alan.naidu@researchformarkets.com

About Research for Markets:

Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.

This release was published on openPR.