Artificial Intelligence In Construction Market Size, Share, Growth, Trends, and Forecast 2032

Artificial Intelligence In Construction Market

Artificial Intelligence In Construction Market - By Technology (Machine Learning, NLP, and Deep Learning), By Application (Project Management, Risk Management, Field Management, Supply Chain Management, and Schedule Management), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032

Category: Technology & Media Report Format : PDF Pages: 145 Report Code: ZMR-3617 Published Date: Oct-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 10.00 Billion USD 15.51 Billion 5% 2023

Artificial Intelligence In Construction Market

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Artificial Intelligence In Construction Market, 2016–2026 (USD Million)
    • 2.2. Artificial Intelligence In Construction Market: Snapshot
  • Chapter 3. Global Artificial Intelligence In Construction Market– Industry Analysis
    • 3.1. Artificial Intelligence In Construction Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Escalating need for safety at site of construction and need for reducing production & operational costs will drive the use of artificial intelligence in construction industry over 2020-2026.
      • 3.2.2. Rise in the need for spatial data and capturing accurate images of the sites will pruliferate in the massive application of artificial intelligence in construction market.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Application
      • 3.4.2. Market attractiveness analysis By Technology
  • Chapter 4. Global Artificial Intelligence In Construction Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Artificial Intelligence In Construction Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Technology launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Artificial Intelligence In Construction Market– Application Analysis
    • 5.1. Global Artificial Intelligence In Construction Market overview: By Application
      • 5.1.1. Global Artificial Intelligence In Construction Market share, By Application , 2019 and 2026
    • 5.2. Project Management
      • 5.2.1. Global Artificial Intelligence In Construction Market By Project Management, 2016–2026 (USD Million)
    • 5.3. Risk Management
      • 5.3.1. Global Artificial Intelligence In Construction Market By Risk Management, 2016–2026 (USD Million)
    • 5.4. Field Management
      • 5.4.1. Global Artificial Intelligence In Construction Market By Field Management, 2016–2026 (USD Million)
    • 5.5. Supply Chain Management
      • 5.5.1. Global Artificial Intelligence In Construction Market By Supply Chain Management, 2016–2026 (USD Million)
    • 5.6. Schedule Management
      • 5.6.1. Global Artificial Intelligence In Construction Market By Schedule Management, 2016–2026 (USD Million)
  • Chapter 6. Global Artificial Intelligence In Construction Market– Technology Analysis
    • 6.1. Global Artificial Intelligence In Construction Market overview: By Technology
      • 6.1.1. Global Artificial Intelligence In Construction Market share, By Technology, 2019 and 2026
    • 6.2. Machine Learning
      • 6.2.1. Global Artificial Intelligence In Construction Market By Machine Learning , 2016–2026 (USD Million)
    • 6.3. Deep Learning
      • 6.3.1. Global Artificial Intelligence In Construction Market By Deep Learning, 2016–2026 (USD Million)
    • 6.4. NLP
      • 6.4.1. Global Artificial Intelligence In Construction Market By NLP, 2016–2026 (USD Million)
  • Chapter 7. Company Profiles
    • 7.1. eSUB Inc.
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Technology Portfolio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. IBM Corporation
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Technology Portfolio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. Aurora Construction and Security
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Technology Portfolio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Developments
    • 7.4. Microsoft Corporation
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Technology Portfolio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Developments
    • 7.5. Darktrace
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Technology Portfolio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. Smartvid.io, Inc.
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Technology Portfolio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development
    • 7.7. Oracle Corporation
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Technology Portfolio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Development
    • 7.8. SAP SE
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Technology Portfolio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Development
    • 7.9. ALICE Technulogies Inc.
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Technology Portfolio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Development
    • 7.10. Autodesk Inc.
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Technology Portfolio
      • 7.10.4. Business Strategy
      • 7.10.5. Recent Development

Table Of Figures

List of Figures

1. Market research process
2. Market research methodology
3. Global Artificial Intelligence In Construction Market, 2016–2026 (USD Million)
4. Porter’s Five Forces Analysis
5. Global Artificial Intelligence In Construction Market attractiveness, By Application
6. Global Artificial Intelligence In Construction Market attractiveness, By Technology
7. Global Artificial Intelligence In Construction Market Share by Application ,2019 and 2026 (USD Million)
8. Global Artificial Intelligence In Construction Market by Project Management ,2016–2026 (USD Million)
9. Global Artificial Intelligence In Construction Market by Risk Management,2016–2026 (USD Million)
10. Global Artificial Intelligence In Construction Market by  Schedule Management, 2016–2026 (USD Million)
11. Global Artificial Intelligence In Construction Market by Field Management, 2016–2026 (USD Million)
12. Global Artificial Intelligence In Construction Market by Supply Chain Management, 2016–2026 (USD Million)
13. Global Artificial Intelligence In Construction Market Share by Technology ,2019 and 2026 (USD Million)
14. Global Artificial Intelligence In Construction Market by Machine Learning , and,2016–2026 (USD Million)
15. Global Artificial Intelligence In Construction Market by Deep Learning,2016–2026 (USD Million)
16. Global Artificial Intelligence In Construction Market by NLP,2016–2026 (USD Million)
17. Global Artificial Intelligence In Construction Market share, by Region, 2019 and 2026
18. North America Artificial Intelligence In Construction Market, 2016–2026 (USD Million)
19. Europe Artificial Intelligence In Construction Market, 2016–2026 (USD Million)
20. Asia Pacific Artificial Intelligence In Construction Market, 2016–2026 (USD Million)
21. Latin America Artificial Intelligence In Construction Market, 2016–2026 (USD Million)
22. The Middle East and Africa Artificial Intelligence In Construction Market, 2016–2026 (USD Million)


Table Of Tables

List of Tables

1. Global Artificial Intelligence In Construction Market: snapshot
2. Drivers of the Artificial Intelligence In Construction Market: impact analysis
3. North America Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
4. North America Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
5. The U.S. Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
6. The U.S. Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
7. Rest of North America Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
8.  Rest of North America Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
9.  Europe Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
10. Europe Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
11. UK Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
12. UK Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
13. France Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
14. France Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
15. Germany Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
16. Germany Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
17. Rest of Europe Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
18. Rest of Europe Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
19. Asia Pacific Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
20. Asia Pacific Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
21. China Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
22. China Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
23. Japan  Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
24. Japan Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
25. India Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
26. India Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
27. Rest of Asia Pacific Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
28. Rest of Asia Pacific Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
29. Latin America Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
30. Latin America Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
31. Brazil Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
32. Brazil Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
33. Rest of Latin America Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
34. Rest of Latin America Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
35. The Middle East and Africa Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
36. The Middle East and Africa Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
37. Saudi Arabia Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
38. Saudi Arabia Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
39. South Africa Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
40. South Africa Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)
41. Rest of the Middle East & Africa Artificial Intelligence In Construction Market revenue, By Application, 2016–2026 (USD Million)
42. Rest of the Middle East & Africa Artificial Intelligence In Construction Market revenue, By Technology, 2016–2026 (USD Million)

 
 

Methodology

FrequentlyAsked Questions

Escalating need for safety at site of construction and need for reducing production & operational costs will drive the use of artificial intelligence in construction industry over 2024 – 2032. Furthermore, AI has proved beneficial for construction industry as it is utilized during pre-construction phase. Rise in the need for spatial data and capturing accurate images of the sites will proliferate in the massive application of artificial intelligence in construction market. In addition to this, lack of skilled personnel availability in construction sector in European region as well as in North America will prompt the expansion of artificial intelligence in construction market over the forecast timeframe.

 

According to Zion Market Research report, The global Artificial Intelligence In Construction Market was worth USD 10.00 Billion in 2023. The market is forecast to reach USD 15.51 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5% during the forecast period 2024-2032.  

Asia Pacific is likely to make noteworthy contributions towards overall market revenue. The growth of the industry in the sub-continent over the estimated timespan is attributed to rapidly growing construction industry with bulging population in countries like India and China. 

The key players profiled in the report include are eSUB Inc.; IBM Corporation; Aurora Construction and Security; Microsoft Corporation; Darktrace; Smartvid.io, Inc.; Oracle Corporation; SAP SE; ALICE Technologies Inc.; and Autodesk Inc.

 

AI in construction uses data and automation to improve project planning. It enhances safety, efficiency, and cost control
The global Artificial Intelligence In Construction market is expected to be driven by the demand for project efficiency, cost reduction, and safety management. Adoption of AI for planning and monitoring supports expansion.
According to study, the global Artificial Intelligence In Construction market size was worth around USD 10.00 Billion in 2023 and is predicted to grow to around USD 15.51 Billion By 2032.
The global Artificial Intelligence In Construction market is expected to grow at a Compound Annual Growth Rate (CAGR) of around CAGR 5% during the forecast period from 2024-2032.
The global Artificial Intelligence In Construction industry is projected to be challenged by Challenges include data scarcity, workforce skill gaps, and high implementation costs.
The Opportunities include project optimization, safety monitoring, cost reduction, smart infrastructure, and digital twins will offer significant growth opportunities in the Artificial Intelligence In Construction market.
AI-driven project planning and risk prediction; autonomous equipment and site monitoring; digital twins for cost and schedule optimization are the emerging trends and innovations impacting the Artificial Intelligence In Construction market.
The global Artificial Intelligence In Construction market is expected to be led by North America during the forecast period.
Some of the prominent players operating in the global Artificial Intelligence In Construction market are; eSUB Inc., IBM Corporation, Aurora Construction and Security, Microsoft Corporation, Darktrace, Smartvid.io, Inc., Oracle Corporation, SAP SE, ALICE Technologies Inc., and Autodesk Inc. and others.
The report explores crucial aspects of the Artificial Intelligence In Construction market, including a detailed discussion of existing growth factors and restraints, while also browsing future growth opportunities and challenges that impact the market.
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