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COVID-19 Impact Review: What to Expect from AI in construction Industry in 2020? | Know the Challenges and Trend Analysis

05-26-2020 02:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: AllTheResearch

The Global AI in construction Market was valued at US$ ~449.7 million in the year 2018 and is expected to reach US$ ~2,107.8 million by the year 2023, growing at a CAGR of ~36.2% by 2027.
The ripple effect of Coronavirus-COVID19 on the AI in construction Market needs to become part of strategy discussions to emerge strong. The Analyst team is meticulously tracking the impact and relevance to all the sectors in the AI in construction Market. Key data sets include Revenue Impact analysis, Disruptions and New opportunities in the Supply Chain, Revised Vendor Landscape Mix, New opportunities mapping, and more.

Download Exclusive Free Sample PDF with Top Companies Market Positioning Data
https://www.alltheresearch.com/sample-request/149

The growing importance of technology-based solutions has stimulated the construction sector to gather and share data in real time. Managing a huge chunk of data can create huge overhead costs, which can affect the profitability of an organization. Sometimes, the gathered data are irrelevant to the business process & profitability goals. Artificial intelligence (AI) plays a major role in limiting the amount of irrelevant data in these industry verticals.

AllTheResearch offers a most recent distributed report on Global AI in construction industry examination and figure 2019-2025 conveying key bits of knowledge and giving an upper hand to customers through a point by point report. The report contains XX pages which profoundly displays on current market investigation situation, up and coming just as future chances, income development, evaluating and gainfulness.

Download Sample ToC to understand the COVID19 impact and be smart in redefining business strategies.
https://www.alltheresearch.com/impactC19-request/149

Market Segmentation:
Following Top Key players are profiled in this Market Study:
IBM (US), Alice Technologies (US), Aurora Computer Services (UK), Autodesk (US), Building System Planning (US), eSUB (US), Microsoft (US), Oracle (US), SAP (Germany), Smartvid.io(US), ,

AI helps to sort and organize the plethora of data which are pre-requisites for different construction purposes. AI in construction provides end-to-end solutions to a construction business by streamlining the flow of work and the process of gathering data. AI-based solutions vary from surveying, mapping, and exploring the resources, to synchronization with the automated process of bricklaying and transportation

Regional Analysis:
North America (US and Canada), Europe (UK, Germany, France and Rest of Europe), Asia Pacific (China, Japan, India and Rest of Asia Pacific), Latin America (Brazil, Mexico and Rest of Latin America), Middle East & Africa (GCC and Rest of Middle East & Africa)

The increasing adoption of robots, autonomous vehicles, and drones in the construction sector is also accentuating the growth of AI in construction market. Organizations are embracing these technologies for the purpose of surveying, aerial imaging, and mapping at construction sites for smoothening the construction operations. This is developing numerous prospects for the growth of the AI in the construction sector. Construction companies are also utilizing the capabilities of AI for the purpose of designing, safety, estimation, and quality measurement, which further helps in accelerating the growth of AI in construction market globally.

View Complete Report with Different Company Profiles
https://www.alltheresearch.com/report/93/ai-in-construction-market

AllTheResearch
Contact Person: Rohit B.
Tel: 1-888-691-6870
Email: contactus@alltheresearch.com

About Us:
AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realise, that its not just sheer data-points, but the right analysis that creates a difference.

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