Artificial Intelligence (AI) in Construction Market Development Analysis, Share and Recent Trends By 2027 | IBM, Renoworks Software, Microsoft, Autodesk, SAP, Oracle, etc

Artificial Intelligence (AI) in Construction Market Industry Forecast To 2027

A meticulous research study completed by Reports and Data on the “Global Artificial Intelligence (AI) in Construction Market” encompasses detailed information on the product and industry scope, current and future market size and scenario, and forecasts to the year 2027. It uses primary data and briefing from market players to improve the accuracy of the results. The market study is segmented by key regions along with country-level division. Identifying those factors that help in accelerating the market growth. Some of the key participants include:

IBM, Renoworks Software, Microsoft, Autodesk, SAP, Oracle, Alice Technologies, Building System Planning, eSUB, Askporter, Darktrace, SmarTVid.Io, Jaroop, Aurora Computer Services, Predii, Lili.Ai, Deepomatic, Assignar, Beyond Limits, Coins Global, Plangrid, Doxel, and Bentley Systems, among others.

The study proves to be unique due to the inclusion of the effects and impacts of COID-19 on the market. The industries have been severely attacked and affected by the virus, and the report assesses the market, keeping in mind the aftereffects of the pandemic.

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Understand precisely aimed approach and business strategies that participants use to reach target consumers of the Artificial Intelligence (AI) in Construction Market.

The segmentation and division of the market are highlighted below:

Technology Outlook (Revenue, USD Million; 2016-2026)
• Machine Learning and Deep Learning
• Natural Language Processing

Component Outlook (Revenue, USD Million; 2016-2026)
• Solutions
o Software
o Hardware
• Services
o Support and Maintenance
o System Integration
o Training and consulting

Organization Size Outlook (Revenue, USD Million; 2016-2026)
• Small and Medium-Sized Enterprises
• Large Enterprises

Deployment Type Outlook (Revenue, USD Million; 2016-2026)
• Cloud
• On-premises

Phase Outlook (Revenue, USD Million; 2016-2026)
• Pre-construction
• Construction stage
• Post-construction

Applications Outlook (Revenue, USD Million; 2016-2026)
• Project management
• Field management
• Risk management
• Schedule management
• Supply chain management
• Others

Regional segmentation:
Geographically, the leading regions for the Artificial Intelligence (AI) in Construction market are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report studies the market to deduce the predictive growth of these regional markets, along with the CAGR of the regions through the forecast period.

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Furthermore, the years considered for the study are as follows:
Historical years – 2016-2018
Base year – 2019
Forecast period – 2020 to 2027

The market report gives accurate forecasts and market estimations that will help readers formulate profitable strategies.

Significant characteristics of the Global Artificial Intelligence (AI) in Construction Market Report:
• Among the technologies, machine learning and deep learning technologies accounted for a larger market share of ~63% in the year 2018. Deep learning gives more accurate and quality results, along with both time and cost consumption benefits.
• The small and medium-sized organization is forecasted to witness a higher growth rate of 35.8% during the forecast period, due to the rapid adoption of artificial intelligence by these firms.
• The cloud deployment offers advanced scalability, intensified security, better compliance, and lower costs. The segment is anticipated to witness a higher growth rate of 37.3% during the forecast period.
• The risk management application is anticipated to witness the highest CAGR of 35.8% during the forecast period, attributing to the ability of artificial intelligence solutions to identify potential risks and frauds. These risks may be related to quality, safety, time, or even costs.
• Among the end uses, the safety segment is anticipated to witness the highest CAGR of 35.0% during the forecast period, which is attributed to the increasing risks and accidents reported at worksites.
• North America held the largest market share of ~29% in the year 2018, owing to the rapid technological advancements and increasing government investments into the development of artificial intelligence (AI). Moreover, the presence of some of the leading players of the market in the region will also drive the growth of the market in the region.

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Queries addressed in the Global Artificial Intelligence (AI) in Construction Market Study:
Who are the major participants, and what are their strategies in the Global Artificial Intelligence (AI) in Construction market?
What are the outcomes of the SWOT and Porter’s five forces analyses of the Artificial Intelligence (AI) in Construction market?
What are the different opportunities and threats operating in the Global Artificial Intelligence (AI) in Construction market?
What are the strengths and weaknesses and business strategies of the leading producers or suppliers in the Artificial Intelligence (AI) in Construction market?

Table of Contents:
Chapter 1. Market Overview
Chapter 3. Market Dynamics
Chapter 4. Research Methodology
Chapter 5. Market Factor Analysis
Chapter 6. Global Artificial Intelligence (AI) in Construction Market, By Delivery Mode
Chapter 7. Global Artificial Intelligence (AI) in Construction Market, By Application
Chapter 8. Global Artificial Intelligence (AI) in Construction Market, By Region
Chapter 9. Global Artificial Intelligence (AI) in Construction Market, By Type
Chapter 10. Company Landscape
Chapter 11. Company Profiles
Chapter 12. Appendix

Read the Detailed Table of Contents as well Full Report Description @ https://www.reportsanddata.com/report-detail/artificial-intelligence-ai-in-construction-market

Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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