Artificial Intelligence (AI) in Construction Market 2021 Growth Statistics and Key Players Insights – IBM, Microsoft, Oracle, SAP, Alice Technologies, eSUB, Smartvid.io

A research report study on the Artificial Intelligence (AI) in Construction Market offers extensive information about market size and estimation, share, growth and products significance. This report provides data to the clients that is of historical as well as the numerical significance making it usefully informative. Vital analysis done in this report also includes studies of the market dynamics, segmentation and map positioning, supply chain & Industry demand, challenges as well as threats and the competitive landscape. Business investors can acquire the quantitative and qualitative knowledge provided in the Artificial Intelligence (AI) in Construction Market report.

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Artificial Intelligence (AI) in construction Market to grow from USD 407.2 Million in 2021 to USD 1,831.0 Million by 2028, at a CAGR of +35% during the forecast period.

Artificial intelligence is the ability of the machine which have the capabilities to do the work and imitate intelligence like human behavior. Some basic uses of artificial intelligence are expert systems which helps in decision making, speech recognition, natural language processing and many more. In the recent years, artificial intelligence has made a great impact in the construction field. It is mostly used in pre-construction phase and with the help of artificial intelligence one can plan and execute the models digitally that are going to be constructed. Additionally, it also helps in maintaining and monitoring the safety along with maintenance system in construction area.

The key players studied in the report include: 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).

This report additionally covers the market Share, profits, gross margin, value, volume, and other significant important data on the market that can accurately reflect the growth of the Artificial Intelligence (AI) in Construction Market. In addition, SWOT Analysis and PESTLE Analysis of Artificial Intelligence (AI) in Construction Market. The report is intended to help readers accurately estimate the growth rate of the world market during the forecast period (2021-2028).

Global Artificial Intelligence (AI) in Construction Market Segmentation:

Market By Technology
• Natural Language Processing
• Machine Learning
• Deep Learning

Market By Application
• Project Management
• Risk Management
• Field Management
• Supply Chain Management
• Schedule Management
• Others

Market By Deployment
• On- Premises
• Cloud
• Others

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Geographically, the global Artificial Intelligence (AI) in Construction Market has been fragmented across several regions such as North America, Europe, Latin America, Asia-Pacific, Middle East and Africa. In addition, the market study highlights market key segments and sub-segments, regional, competition, major player and forecast. The feature of significant approaches covered by the detailed report provides useful insights into global opportunities, which thus accelerates client growth.

Key Points of the Geographical Analysis:
• Data and information related to the consumption rate in each region
• Estimated growth in the consumption rate
• Proposed growth of the market share of each region
• Geographical contribution to market revenue
• Expected growth rate of the regional markets

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This report provides pin-point analysis for changing competitive dynamics
• It provides a forward-looking perspective on different factors driving or restraining market growth.
• It provides an eight-year forecast assessed on the basis of how the market is predicted to grow.
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• It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors.
• It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments.

The study presents the scope of the global Artificial Intelligence (AI) in Construction Market in the developing and developed regions. In addition, it also covers the lucrative scope of the Artificial Intelligence (AI) in Construction Market in providing new opportunities to expand global customers rapidly.

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