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Artificial Intelligence in Construction Market Growth, Analysis, Trends and Forecast - 2025

07-23-2020 02:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Artificial Intelligence (AI) in Construction Market

Artificial Intelligence (AI) in Construction Market

The global AI in construction market is expected to show a significant growth rate during the forecast period. The cloud solution offers advanced scalability, intensified security, better compliance, and lower costs. This cloud computing has witnessed positive impact on the growth of AI in construction market over the forecast period. The AI workloads are engrossing higher shares of IT infrastructure resources. AI is taking up as affixed element for monitoring, managing and controlling IT infrastructure. AI-optimized application infrastructure is one of the major trends in the IT sector. Various players are establishing IT platforms that enhanced AI workloads through a pre-built combination of interconnect resources, storage, and compute.

Get Sample Copy of Artificial Intelligence (AI) in Construction Market at: https://www.omrglobal.com/request-sample/artificial-intelligence-ai-in-construction-market

The key players of AI in construction market include Autodesk, Inc., IBM Corp., Microsoft Inc., Oracle, Inc., SAP SE, Doxel, Inc., Volvo AB, Smartvid.Io, Inc., Assignar, Inc, and ALICE Technology, Inc.

The rapid adoption of geographically diverse cloud services and the growing need to automate the operational processes to drive global AI in construction market. The key players are introducing platforms such as storage, compute and hyper-converged among others that are purpose-built for high volume, fast training, high performance and inferencing among others. AI-ready storage integration is becoming a requirement for various enterprise customers at a hardware level. AI is a method for making operation and infrastructure more self-healing, self-securing, self-repairing, self-optimizing and self-managing. These tools are fixed in the AI-workload optimized platforms and available through stand-alone method for monitoring different platforms of AI in construction.

AI is playing a role in the management of IT data, services, applications, and cloud infrastructure from its ability to accelerate many tasks more rapidly and effectively. AI has a large range of workloads which involve training, evaluating, building and refining data-driven algorithm in the application of production. Moreover, favorable business condition along with supporting government policies has encouraged enterprises to develop advanced cloud platforms for taking leverage of cloud technologies.

For More Information, get A full report of Artificial Intelligence (AI) in Construction Market is available at: https://www.omrglobal.com/industry-reports/artificial-intelligence-ai-in-construction-market

The major market players are actively conducting strategic acquisitions, partnerships, and collaboration to increase their market presence. For instance, Doxel, a technological start-up had introduced a system to streamline construction methods that are based on AI and robotics. eSUB is a provider of cloud-based labor productivity and project management solution raised a fund of $3 million from Autodesk to offer product development for larger integration along with BIM 360 construction platform. Komatsu, Construction Company had partnered with NVIDIA to use GPUs to analyze and visualize the whole construction sites.

Current Market Trends Covered in the Market Report

North America is expected to hold the largest market share in the market

The use of modularization and 3-D printing is advancing AI in construction industry.

The planning & design segment is anticipated to hold the largest market share.

Global AI in Construction Market- Segmentation

By End-User

Residential
Public Infrastructure
Heavy Construction
Others

By Application

Planning & Design
Safety and Efficiency
Equipment
Monitoring & maintenance
Global AI in Construction Market – Segment by Region

North America

US
Canada
Europe

Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific

China
Japan
India
Rest of Asia-Pacific
Rest of the World

Latin America
Middle East Africa


For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/artificial-intelligence-ai-in-construction-market

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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