Artificial Intelligence (AI) in Construction Market

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Artificial Intelligence (AI) in Construction
Market Trends, Size, Share, Demands, Overview,
Growth, Revenue and Forecast to 2030
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Sternal Closure Systems Market Trends Forecast
Till 2030
Artificial Intelligence (AI) in Construction
Market, By Offering (Solution, Service), By
Application (Asset Management, Project
Management, Risk Management, Schedule Management,
Supply Chain Management, Others) By Industry Type
(Residential, Public Infrastructure, Heavy
Construction, Others), and region (North America,
Europe, Asia-Pacific, Middle East and Africa and
South America).
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-intelligence-ai-in-construction-market
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Market Overview
Artificial Intelligence (AI) is revolutionizing
the construction industry by introducing
transformative technologies across all stages of
project development, from design and
preconstruction to construction, operations, and
asset management. This digital shift is not just
advantageous but increasingly essential for
companies aiming to stay competitive and achieve
sustainable growth in the market. AI technologies
promise substantial benefits, including enhanced
operational efficiency, cost reduction, and
improved safety measures at construction
sites. One of the primary drivers behind the
adoption of AI in construction is its potential
to lower production costs significantly. By
leveraging AI-powered solutions, construction
firms can streamline their operations, optimize
resource allocation, and minimize waste, thereby
improving overall project economics. Moreover,
AI's role in enhancing safety standards is
critical in mitigating risks inherent to
construction environments. AI systems can monitor
site activities in real-time, identify potential
hazards, and alert managers to prevent accidents,
ensuring both worker safety and project
continuity. Purchase this Report
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igence-ai-in-construction-market
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Key Findings
The Artificial Intelligence (AI) in Construction
Market is segmented into Offering, Application,
Industry Type, and Region On the basis of
Offering, The Offering segment in the Artificial
Intelligence (AI) in Construction Market is
poised for substantial growth, driven by
offerings from major players like IBM, Microsoft,
and Oracle. On the basis of Application, the
application segment is poised to significantly
boost the Artificial Intelligence (AI) in
Construction Market, expected to command a
substantial market share. AI-enabled project
management solutions streamline processes across
all construction phasesfrom pre-construction
planning to post-construction tasks like real
estate and facilities management.
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Key Findings
The market is also divided into various regions
such as North America, Europe, Asia-Pacific,
South America, and Middle East and Africa. North
America is estimated to account for the largest
market share during the forecast period. Inquire
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Competitive Landscape

• Autodesk Inc.
• Building System Planning Inc.
• Smartvid.io Inc.
• Doxel Inc.
• Bentley Systems Inc.
• PTC Inc.
• IBM Corporation
• NVIDIA Corporation

• Oracle Corporation
• Alice Technologies Inc.
• Dassault Systems SE
• Lurtis Rules, S.L.
• Microsoft Corporation
• eSUB Inc.

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Recent Developments
In November 2022, Disperse.io, a UK-based
construction technology firm, introduced a new
product named Impulse. Utilizing AI, this
platform enhances project management by analyzing
360 site scans to identify and present issues in
building elevations, aiding project managers in
making informed decisions based on performance
insights captured from construction sites. In
September 2022, Briq, a construction technology
financial firm, acquired Swipez, an Indian
fintech company specializing in automated billing
and revenue collection. Briq's platform
facilitates the automation of essential financial
workflows within construction companies,
including corporate planning, labor and materials
forecasting, project forecasts, and revenue
projections. Swipez streamlined billing
management for businesses, offering efficient
client billing management and timely revenue
collection through automated processes.
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Contact Information
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consulting company headquartered in New Delhi,
India. The company holds expertise in providing
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reports and consulting services. Delvens
qualitative and quantitative data is highly
utilized by each level from niche to major
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by assuring to provide the information on
country, regional and global business
environment. We have a database for more than 45
industries in more than 115 major countries
globally. Contact Us 44-20-3290-6466 1
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