Artificial Intelligence (AI) in Construction Market, Growth 2023 Share and Price Analysis Players, Segments Analysis and Growth by Forecast to 2032
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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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