Global AI in Construction Market – Segmentation Industry Future Report by 2027, Key Players || Alice Technologies. (U.S.), Autodesk (U.S.)

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The AI in construction market is differentiated by component, technology, organization size, deployment, stage, and application.

Market Scenario

In its research report, Market Research Future (MRFR), asserts that the global AI in Construction market 2020 is slated to grow exponentially over the review period, securing a considerable market valuation of USD 2.01 billion, and a healthy 35% CAGR over the review period.

Novel coronavirus has actually Global AI in Construction Market to open new avenues for those firms that are on the lookout for solutions that are reliable, efficiently managed, scalable, and are subscription-based, to remain more focused on the core business. The AI in Construction Market is bearing lesser impact of the COVID-19 outbreak compared to most other segments of the tech world.

In a nutshell, COVID-19 impact on managed services has been fruitful, with the market growth enhanced than before. Given the prevalent lockdown situation, managed services vendors are now investing heavily in remote-centric worker solutions, which can make the market highly resilient in the coming years, even as the world is currently rushing to achieve a COVID-19 breakthrough.

 

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Segmentation:

The AI in construction market is differentiated by component, technology, organization size, deployment, stage, and application.

On the basis of stage, the market is segmented into construction stage, pre-construction, and post-construction. 

Based on the component, the AI in construction market is bifurcated as solutions and services. The solution segment is categorized as demand forecasting, virtual assistant, revenue estimation, design & planning, predictive maintenance, and others.  The service sub-segment comprised implementation services, training & consulting, and other support services.

In terms of technology, the market is segregated into machine learning & deep learning, neural networks, and natural learning programming (NLP). 

Based on the deployment, the market is divided into on-cloud and on-premises. 

Based on the organization size, the market is bifurcated into large enterprises, and small & medium enterprise (SMEs). 

On the basis of application, the market is categorized as, project management, schedule management, risk management, equipment management, building information management, and supply chain management.

Competitive Outlook:

The major market players operating in the global market as identified by MRFR are Oracle Corporation (U.S), IBM Corporation (U.S.), SAP SE (Germany), Alice Technologies.(U.S.), Microsoft Corporation (U.S.), Autodesk (U.S.), Aurora Computer Services(U.K), eSUB (U.S.), Smartvid.io(U.S.),and Building System Planning (U.S.).

Some other market players who are involved in AI construction market are Jaroop, Deepomatic, Lili.Ai, Predii, Assignar, Coins Global, Beyond Limits, Doxel Askporter, Bentley Systems, Plangrid, and Renoworks Software

 

Regional Analysis:

The geographical overview of the global market has been analyzed in four major regions, comprising the Asia Pacific, North America, Europe, and the rest of the world. 

On the building industry, North America is believed to have substantial growth in the AI, with the U.S. and Canada being the sector leading countries. Regional domination is due to increased investment by companies such as IBM Corporation, Oracle Corporation and many others, which invest directly in the advancement of technologies such as neural networks and machine learning in research and development.

However, Asia Pacific is also expected to experience a strong market growth rate. The leading countries in this field are China, Japan, South Korea and India. The market growth is due to rise in demand by the region to improve smart city projects which require better facilities that boost the real estate sector.

 

Table of Contents:

1Executive Summary

2Scope of the Report

2.1Market Definition

2.2Scope of the Study

2.2.1Research objectives

2.2.2Assumptions & Limitations

2.3Markets Structure

Continued….

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List of Tables

Table1 Global AI In Construction Market: By Region, 2020-2027

Table2 North America AI In Construction Market: By Country, 2020-2027

Table3 Europe AI In Construction Market: By Country, 2020-2027

 

Continued…

 

List of Figures

FIGURE 1 Global AI In Construction Software Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global AI In Construction Software Market

 

Continued…

About Market Research Future:

Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research.

 

Contact:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

 

 


Submitted: July 16, 2021

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