Title: Artificial Intelligence in Construction Market
1Global Artificial Intelligence in
Construction Market Trends, Growth Forecast
2020-2027
2Segment
Artificial Intelligence in Construction Market
Size, Share trends analysis by Offering
(Solution, Service), By Application (Asset
Management, Project Management, Risk Management,
Schedule Management, Supply Chain Management), By
Stage (Pre-Construction, Construction-Stage,
Post-Construction), By Deployment (Cloud,
On-Premise), By Industry (Residential, Public
Infrastructure, Heavy Construction), By
Organization Size (SME, Large Organization), and
Regional Analysis Report 2020 to 2027.
3Statistics
Global Artificial Intelligence in construction
market is anticipated to reach USD 2.53 billion
market size by 2027 the market was estimated at a
market size of USD 0.41 billion in 2019 and is
expected to grow at a CAGR of 32.2 over the
forecast period.
4Drivers
The technology is still in the developmental
stage till now, however, it is expected to gain
considerable demand in upcoming years.
5Region
The increasing demand for AI-based applications,
as the industry lacks skilled manpower as the
strict migratory regulations in North America and
Europe are prohibiting the import of skilled
labor from other countries.
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