Press release
AI in Construction Market is Expected to Garner $ 2.60 Billion By 2030, at 33.20% CAGR
AI in construction refers to the utilization of advanced technologies, such as machine learning, robots, drones, and other AI-powered solutions, to enhance various aspects of the construction industry. By leveraging AI, construction companies can optimize processes, improve safety, increase productivity, automate tasks, and make informed decisions. Some examples of AI applications in the construction industry include predictive analytics, autonomous vehicles and robotics, intelligent monitoring systems, virtual reality (VR) and augmented reality (AR), and natural language processing (NLP). AI is used in construction for planning and designing, measuring site progress, robust fleet management, and safety enhancements.
The adoption of AI in construction is expected to contribute significantly to market growth, with a focus on planning and design, safety, autonomous equipment, monitoring, and maintenance. AI in construction is also anticipated to play a crucial role in lowering the risk of workplace accidents, enhancing safety, and improving operational efficiency within the construction industry.
Get Sample PDF Pages Now -
https://www.marketresearchfuture.com/sample_request/6035
Market Segmentation:
The AI in Construction market is segmented based on components, applications, deployment types, industry types, and organization sizes. Components include solutions such as design and planning, revenue estimation, virtual assistant, and predictive maintenance, as well as services like integration, training, and support. Applications cover project management, field management, risk management, and supply chain management, among others. Deployment types include cloud and on-premises, while industry types encompass small and medium-sized enterprises (SMEs) and large enterprises, with organization sizes ranging from residential to heavy construction and others.
Market Growth and Forecast:
The AI in construction market industry is projected to grow from USD 0.47 Billion in 2023 to USD 2.60 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 33.20% during the forecast period (2023 - 2030).
Buy Now Premium Research Report -https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=6035
Top Key Players:
IBM Corporation (U.S.)
Oracle Corporation (U.S)
SAP SE (Germany)
Alice Technologies (U.S.)
Microsoft Corporation (U.S.)
Aurora Computer Services(U.K)
Autodesk (U.S.)
eSUB (U.S.)
io(U.S.)
Building System Planning (U.S.).
Browse A Full Report: (Including Full TOC, List Of Tables & Figures, Chart) -https://www.marketresearchfuture.com/reports/ai-in-construction-market-6035
Technological Shift and Benefits:
The adoption of AI products and services in construction is expected to contribute considerably to market growth, with a focus on planning and design, safety, autonomous equipment, monitoring, and maintenance.
AI in construction is anticipated to play a crucial role in lowering the risk of workplace accidents and replacing risky occupations in the engineering and construction industries with robots, thereby enhancing safety.
Ask For Customization -
https://www.marketresearchfuture.com/ask_for_customize/6035
Global Market Dominance and Drivers:
The growing demand for data integration and visual analytics is identified as a key driver for AI in the construction market, enabling construction businesses to gain insights and make better decisions based on data collected from various sources such as sensors, drones, cameras, and documents .
The AI in Construction market is poised for significant expansion, driven by technological advancements, increasing demand for data integration, and a focus on enhancing safety and operational efficiency within the construction industry.
More MRFR's Market Insights -
Grid Computing Companies
https://www.marketresearchfuture.com/reports/grid-computing-market/companies
Fog Computing Companies
https://www.marketresearchfuture.com/reports/fog-computing-market/companies
Cloud Encryption Companies
https://www.marketresearchfuture.com/reports/cloud-encryption-market/companies
Cloud Content Delivery Network Companies
https://www.marketresearchfuture.com/reports/cloud-content-delivery-network-market/companies
Enterprise Portal Companies
https://www.marketresearchfuture.com/reports/enterprise-portal-market/companies
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Also, we are launching "Wantstats" the premier statistics portal for market data in comprehensive charts and stats format, providing forecasts, regional and segment analysis. Stay informed and make data-driven decisions with Wantstats.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release AI in Construction Market is Expected to Garner $ 2.60 Billion By 2030, at 33.20% CAGR here
News-ID: 3440566 • Views: …
More Releases from Market Research Future (MRFR)
Lightweight Conveyor Belting Market Size Expected to Hit 10,692.18 USD Million b …
Lightweight Conveyor Belting Market Overview
As per Market Research Future analysis, the Lightweight Conveyor Belting Market was estimated at 5415.1 USD Million in 2024. The Lightweight Conveyor Belting industry is projected to grow from 5760.58 USD Million in 2025 to 10692.18 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.3% during the forecast period 2025 - 2035
The lightweight conveyor belting market plays a vital role in modern…
Industrial Filtration Industry Growth Forecast 2025-2035 at 6.1% CAGR | Market R …
Industrial Filtration Market Overview
As per Market Research Future analysis, the Industrial Filtration Market Size was estimated at 37.16 USD Billion in 2024. The Industrial Filtration industry is projected to grow from 39.43 USD Billion in 2025 to 71.44 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.1% during the forecast period 2025 - 2035
The industrial filtration market plays a critical role in modern manufacturing and processing…
Professional Hand Tools Market to Reach 31.34 USD Billion by 2035 at 4% CAGR | M …
Professional Hand Tools Industry Overview
As per Market Research Future analysis, the Professional Hand Tools Market was estimated at 19.72 USD Billion in 2024. The Professional Hand Tools industry is projected to grow from 20.57 USD Billion in 2025 to 31.34 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4% during the forecast period 2025 - 2035
The professional hand tools market plays a vital role in supporting…
Electric Vehicle Charging Infrastructure Market Growth, Technology Trends, and R …
The rapid rise in electric vehicle adoption is creating an urgent need for extensive, reliable, and fast-charging networks across residential, commercial, and public environments. Market assessments indicate that the EV charging infrastructure sector was valued at over USD 110 billion in 2024 and is expected to expand significantly through the next decade. With rising investments, favorable policies, and continuous technological innovation, the market is on track to surpass USD 500…
More Releases for Construction
Off-site Construction Market: Revolutionizing Construction
In the dynamic landscape of the construction industry, off-site construction has emerged as a game-changer, set to transform the way we build. The market, valued at USD 249.15 billion in 2022, is poised for a remarkable growth spurt, projecting a 5.8% increase in revenue to reach a staggering USD 369.72 billion by 2029.
Know More About The Report:
https://www.maximizemarketresearch.com/market-report/off-site-construction-market/169386/
Unlocking Off-site Construction: A Holistic Overview
Off-site construction isn't just a building method; it's a…
Future Prospects of Data Center Construction Market by 2029 - Whiting-Turner Con …
Datacenter physical facility in an enterprise is designed to share IT operations and equipment to store, process, and disseminate data and applications.
The construction process refers to activities involved in the designing, planning, and construction of a facility. Datacenter costs comprise IT infrastructure, power distribution and cooling solutions, and several miscellaneous expenses.
Get Sample Report with Latest Industry Trends Analysis:
https://a2zmarketresearch.com/sample-request/674529
The top companies in this report include:
Whiting-Turner Contracting, Turner Construction, Holder…
Data Center Construction Market Analysis to 2028: Industry Growth, Size, Trends …
The Data Center Construction market report focused on the industry dynamics, including market growth elements. The report also identifies limitations and chances for high segments of market growth. Our world-renowned analyst team conducts a study that is a result of extensive primary and secondary research. The growth of the market is forecast with complex algorithms such as regression analysis, end-user analysis, etc. PESTEL analyses are the factors that influence global…
Residential Construction Market Is Booming Worldwide | Hindustan Construction, S …
A new research document is added in HTF MI database of 384 pages, titled as 'Residential Construction Global Industry Guide - Market Summary, Competitive Analysis and Forecast to 2025' with detailed analysis, Competitive landscape, forecast and strategies. Latest analysis highlights high growth emerging players and leaders by market share that are currently attracting exceptional attention. The identification of hot and emerging players is completed by profiling 50+ Industry…
Data Center Construction Market Next Big Thing 2026 | DPR Construction, Holder C …
Global data center construction market is projected to register a CAGR of 11.1% in the forecast period of 2019 to 2026.Global Data Center Construction Market By Infrastructure Type (electrical Infrastructure, mechanical infrastructure, general infrastructure), Data Center Type (Tier I, Tier II, Tier III, Tier IV), Organization Size (small organization, medium organization, large organization), Vertical (Banking, financial services and insurance, IT & Telecommunications, Government & Defense, Healthcare, Retail Colocation, Power &…
Data Center Construction Market Next Big Thing 2026 | DPR Construction, Holder C …
Global data center construction market is projected to register a CAGR of 11.1% in the forecast period of 2019 to 2026.Global Data Center Construction Market By Infrastructure Type (electrical Infrastructure, mechanical infrastructure, general infrastructure), Data Center Type (Tier I, Tier II, Tier III, Tier IV), Organization Size (small organization, medium organization, large organization), Vertical (Banking, financial services and insurance, IT & Telecommunications, Government & Defense, Healthcare, Retail Colocation, Power &…
