AI in Construction Market is Going to Boom with IBM, Autodesk, SAP, Microsoft

According to HTF Market Intelligence, the Global AI in Construction market to witness a CAGR of 34.1% during forecast period of 2023-2028. The market is segmented by Global AI in Construction Market Breakdown by Application (Project management, Field management, Risk management, Schedule management, Supply chain management, Others) by Type (Heavy Construction, Institutional Commercials, Residential, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The AI in Construction market size is estimated to increase by USD 3 Billion at a CAGR of 34.1% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 5.6 Billion.

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AI is being used to analyze design data and provide insights into how buildings can be constructed more efficiently. It can also help architects and engineers to generate designs that are optimized for specific purposes, such as energy efficiency or structural stability.

AI in Construction market - Key Segment Analysis

The market share growth by the by Application (Project management, Field management, Risk management, Schedule management, Supply chain management, Others), Organization Size (Residential, segment will be significant during the forecast period. The segment is driven by the Rising Demand for AI-based Platforms and Solutions and Adoption of Industry 4.0 and IIoT.

AI in Construction market - Competition Analysis
The global AI in Construction market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are IBM (United States), Microsoft (United States), Oracle (United States), SAP (Germany), Alice Technologies (United States), eSUB (United States), Smartvid.io (United States), Aurora Computer Services(England), Autodesk (United States), Building System Planning (United States).

AI in Construction market - Geographical Outlook
North America will provide maximum growth opportunities in AI in Construction market. According to our research, the region will account for % of the global market growth during the forecast period. The market in North America is driven by The Growing Need for More Safety Measures at Construction Sites.

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What key data is demonstrated in this AI in Construction market report?
• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the AI in Construction market between 2023 and 2028
• Precise estimation of the size of the AI in Construction market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behaviour
• Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa; further broken down by major country within region.
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of AI in Construction market players

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Some Extracts from Table of Content
Some Extracts from Table of Content
- Overview of AI in Construction Market
- Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
- Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry

- AI in Construction Size (USD & Sales Volume) Comparison by Type (2017-2028)
- AI in Construction Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
- AI in Construction Size (Value & Volume) Comparison by Region (2017-2028)
- Market Capacity, Production, Export-Import by Region (2017-2022E)
- AI in Construction Market Sales, Revenue and Growth Rate (2017-2028)
- Competitive Situation and Trends
- Market Positioning and Share Analysis (2020-2022E)
- Suppliers High-Performance Operational Base Distribution
- Analyse competitors, Profiles, Sales Area, Product Category
- AI in Construction Cost Analysis
- Marketing Strategy Analysis
- Research Conclusions

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 (434) 322-0091
sales@htfmarketreport.com

About Us:
HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.

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