Artificial Intelligence (AI) in Construction Market Analysis
The Artificial Intelligence (AI) in Construction Market Is predicted to touch USD bn at a whopping CAGR between 2023- 2032, states the recent Quince Market Insights (QMI) analysis. Artificial Intelligence (AI) in Construction Market Size industry has gained rapid traction. The use of Artificial Intelligence (AI) in Construction Market is enabling companies to automate decision making, offer better human resource utilization, improve efficiencies, improve management productivity, & helps to engage with customers in the digital world.
Various factors are propelling the global Artificial Intelligence (AI) in Construction market share. According to the recent QMI report, such factors include the increasing adoption of advance research technology in different industries, favorable initiatives by the government towards digitalization, growing awareness about big data analytics and Artificial Intelligence (AI) in Construction Market Opportunity , perpetually growing Technology devices and internet users across the globe, growing adoption of Artificial Intelligence (AI) in Construction Market Business to improve consumer satisfaction and services, and burgeoning demand for higher transparency & greater visibility in data & processes.
On the contrary, lack of infrastructure, high procurement operating price, shortage of Artificial Intelligence (AI) in Construction market technology experts, and the ongoing COVID-19 impact are factors that may impede the global Artificial Intelligence (AI) in Construction market growth in the region.
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Artificial Intelligence (AI) in Construction Market Segmentation:
The QMI report highlights an inclusive segmental analysis of the global based on Artificial Intelligence (AI) in Construction market based on By Type, end users, application, deployment, technology, and component.
Segmentation By Technology (Machine learning and deep learning, Natural Language Processing (NLP)), By Stage (Pre-construction, Construction stage, Post-construction), By Component (Solutions [Design and planning, Revenue estimation, Virtual assistant, Demand forecasting, Predictive maintenance], Services [Integration and deployment, Training and consulting, Support and maintenance]), By Application(Project management, Field management, Risk management, Schedule management, Supply chain management, Others), By Deployment Type(On-Premise and Cloud), By Organization Size(Large Enterprises and Small & Medium Enterprises), By Industry Type (Residential, Institutional Commercial, and Heavy Construction)
Artificial Intelligence (AI) in Construction Market Regional Analysis
Based on the region, the global Artificial Intelligence (AI) in Construction Market industry report covers the recent trends and growth opportunities across the Asia Pacific (APAC), North America, Europe, & the Rest of the World. Of these, North & South America will spearhead the market over the forecast period. Advances in technology, presence of highly developed infrastructure, increasing technical expertise in the Artificial Intelligence (AI) in Construction Market technology, booming retail and e-commerce industry, demand for advanced solutions for warehouse and logistics management, and the presence of top industry players are adding to the global Artificial Intelligence (AI) in Construction Market growth in the region. Europe, Asia Pacific, North America, Africa, South America, and Middle East
The Artificial Intelligence (AI) in Construction Market in the APAC region is anticipated to have a notable growth during the forecast period. Rising market penetration of e-commerce, the growing trend of developing digital technology and network infrastructure, and rising adoption of natural language processing and by technology developers to cater to the growing and custom needs of the automotive, retail, and manufacturing industry applications are adding to the Artificial Intelligence (AI) in Construction Market growth in the region.
The Artificial Intelligence (AI) in Construction Market Size in Europe is predicted to have a healthy growth during the forecast period and that in the RoW is predicted to have steady growth over the forecast period.
Artificial Intelligence (AI) in Construction Market Key Players
Eminent contenders profiled in the global Artificial Intelligence (AI) in Construction Market report include As per Quince Market Insights (QMI), the worldwide Research Artificial Intelligence (AI) in Construction market is ready to arrive at a dramatic valuation by 2032.
Key Players IBM, Microsoft, Oracle, SAP, Alice Technologies, eSUB, Smartvid.io, Aurora Computer Services, Autodesk, Building System Planning
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Details Contained In The Global Artificial Intelligence (AI) in Construction Market Report 2021:
Market Overview
1.1 Market Introduction
1.2 Market Analysis By Type
1.2.1 Type 1
1.2.2 Type 2
1.3 Market Analysis By Applications
1.3.1 Application 1
1.3.2 Application 2
1.4 Market Analysis by Regions
1.4.1 North America
1.4.2 Europe
1.4.3 Asia Pacific
1.4.4 South America
1.4.5 the Middle East and Africa
Artificial Intelligence (AI) in Construction Market Key Questions Covered In The Market Research Report:
- What will be the growth rate of the Artificial Intelligence (AI) in Construction market?
- What are the important factors that drive the market share of the global Artificial Intelligence (AI) in Construction market?
- What are the key factors dividing the market size of the Global Artificial Intelligence (AI) in Construction market?
- Who are the top manufacturers in the Artificial Intelligence (AI) in Construction market?
- What are the major market opportunities, challenges, and threats faced by the Artificial Intelligence (AI) in Construction market?
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