Part 1
Part 2
Part 3
Part 5
Description
The global market for Artificial Intelligence (AI) in Construction was valued at US$ 1364 million in the year 2024 and is projected to reach a revised size of US$ 8864 million by 2031, growing at a CAGR of 31.1% during the forecast period. Artificial intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. The term may also be applied to any machine that exhibits traits associated with a human mind such as learning and problem-solving.
Artificial Intelligence (AI) in Construction Market Size
M= millions and B=billions
Artificial intelligence has evolved with improved safety standards and assist in predicting hazards at construction sites before they take place. Therefore, the construction companies have leveraged the artificial intelligence technology in terms of predictive maintenance and risk management solutions. Also, the AI in the construction industry is highly adopted for the development of industrial internet of things (IIoT) based applications for construction sites. IIoT assists project managers with efficient outputs and reduced labor costs, which boosts the demand for artificial intelligence in the industry. Construction companies are focusing on investments in IIoT applications development to implement industry 4.0 and support full automation at their job sites.
The Artificial Intelligence (AI) in Construction industry can be broken down into several segments, Solution, Service, etc.
Across the world, the major players cover Autodesk, IBM, Microsoft, etc.
In the global companies about the artificial Intelligence (AI) in construction, the IBM had the maximum market share with over 32% in 2019.
Between the two types of breakdown about artificial Intelligence (AI) in construction, the solution held more market share with around 67% in 2019.
This report aims to provide a comprehensive presentation of the global market for Artificial Intelligence (AI) in Construction, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Artificial Intelligence (AI) in Construction.
The Artificial Intelligence (AI) in Construction market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Artificial Intelligence (AI) in Construction market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Artificial Intelligence (AI) in Construction companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
Report Metric
Details
Report Title
Global Artificial Intelligence (AI) in Construction Market Research Report 2025
Forecasted Market Size in 2031
US$ 8864 million
CAGR(2025-2031)
31.1%
Market Size Available for Years
2020-2031
Global Artificial Intelligence (AI) in Construction Companies Covered
Autodesk, IBM, Microsoft, Oracle, SAP
Global Artificial Intelligence (AI) in Construction Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Artificial Intelligence (AI) in Construction Market, Segment by Type
Solution
Service
Global Artificial Intelligence (AI) in Construction Market, Segment by Application
Project Management
Field Management
Risk Management
Schedule Management
Other
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Artificial Intelligence (AI) in Construction company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Artificial Intelligence (AI) in Construction Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Solution
1.2.3 Service
1.3 Market by Application
1.3.1 Global Artificial Intelligence (AI) in Construction Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Project Management
1.3.3 Field Management
1.3.4 Risk Management
1.3.5 Schedule Management
1.3.6 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Artificial Intelligence (AI) in Construction Market Perspective (2020-2031)
2.2 Global Artificial Intelligence (AI) in Construction Growth Trends by Region
2.2.1 Global Artificial Intelligence (AI) in Construction Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Artificial Intelligence (AI) in Construction Historic Market Size by Region (2020-2025)
2.2.3 Artificial Intelligence (AI) in Construction Forecasted Market Size by Region (2026-2031)
2.3 Artificial Intelligence (AI) in Construction Market Dynamics
2.3.1 Artificial Intelligence (AI) in Construction Industry Trends
2.3.2 Artificial Intelligence (AI) in Construction Market Drivers
2.3.3 Artificial Intelligence (AI) in Construction Market Challenges
2.3.4 Artificial Intelligence (AI) in Construction Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Artificial Intelligence (AI) in Construction Players by Revenue
3.1.1 Global Top Artificial Intelligence (AI) in Construction Players by Revenue (2020-2025)
3.1.2 Global Artificial Intelligence (AI) in Construction Revenue Market Share by Players (2020-2025)
3.2 Global Artificial Intelligence (AI) in Construction Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Artificial Intelligence (AI) in Construction Revenue
3.4 Global Artificial Intelligence (AI) in Construction Market Concentration Ratio
3.4.1 Global Artificial Intelligence (AI) in Construction Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Artificial Intelligence (AI) in Construction Revenue in 2024
3.5 Global Key Players of Artificial Intelligence (AI) in Construction Head office and Area Served
3.6 Global Key Players of Artificial Intelligence (AI) in Construction, Product and Application
3.7 Global Key Players of Artificial Intelligence (AI) in Construction, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Artificial Intelligence (AI) in Construction Breakdown Data by Type
4.1 Global Artificial Intelligence (AI) in Construction Historic Market Size by Type (2020-2025)
4.2 Global Artificial Intelligence (AI) in Construction Forecasted Market Size by Type (2026-2031)
5 Artificial Intelligence (AI) in Construction Breakdown Data by Application
5.1 Global Artificial Intelligence (AI) in Construction Historic Market Size by Application (2020-2025)
5.2 Global Artificial Intelligence (AI) in Construction Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Artificial Intelligence (AI) in Construction Market Size (2020-2031)
6.2 North America Artificial Intelligence (AI) in Construction Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Artificial Intelligence (AI) in Construction Market Size by Country (2020-2025)
6.4 North America Artificial Intelligence (AI) in Construction Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Artificial Intelligence (AI) in Construction Market Size (2020-2031)
7.2 Europe Artificial Intelligence (AI) in Construction Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Artificial Intelligence (AI) in Construction Market Size by Country (2020-2025)
7.4 Europe Artificial Intelligence (AI) in Construction Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Artificial Intelligence (AI) in Construction Market Size (2020-2031)
8.2 Asia-Pacific Artificial Intelligence (AI) in Construction Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Artificial Intelligence (AI) in Construction Market Size by Region (2020-2025)
8.4 Asia-Pacific Artificial Intelligence (AI) in Construction Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Artificial Intelligence (AI) in Construction Market Size (2020-2031)
9.2 Latin America Artificial Intelligence (AI) in Construction Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Artificial Intelligence (AI) in Construction Market Size by Country (2020-2025)
9.4 Latin America Artificial Intelligence (AI) in Construction Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Artificial Intelligence (AI) in Construction Market Size (2020-2031)
10.2 Middle East & Africa Artificial Intelligence (AI) in Construction Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Artificial Intelligence (AI) in Construction Market Size by Country (2020-2025)
10.4 Middle East & Africa Artificial Intelligence (AI) in Construction Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Autodesk
11.1.1 Autodesk Company Details
11.1.2 Autodesk Business Overview
11.1.3 Autodesk Artificial Intelligence (AI) in Construction Introduction
11.1.4 Autodesk Revenue in Artificial Intelligence (AI) in Construction Business (2020-2025)
11.1.5 Autodesk Recent Development
11.2 IBM
11.2.1 IBM Company Details
11.2.2 IBM Business Overview
11.2.3 IBM Artificial Intelligence (AI) in Construction Introduction
11.2.4 IBM Revenue in Artificial Intelligence (AI) in Construction Business (2020-2025)
11.2.5 IBM Recent Development
11.3 Microsoft
11.3.1 Microsoft Company Details
11.3.2 Microsoft Business Overview
11.3.3 Microsoft Artificial Intelligence (AI) in Construction Introduction
11.3.4 Microsoft Revenue in Artificial Intelligence (AI) in Construction Business (2020-2025)
11.3.5 Microsoft Recent Development
11.4 Oracle
11.4.1 Oracle Company Details
11.4.2 Oracle Business Overview
11.4.3 Oracle Artificial Intelligence (AI) in Construction Introduction
11.4.4 Oracle Revenue in Artificial Intelligence (AI) in Construction Business (2020-2025)
11.4.5 Oracle Recent Development
11.5 SAP
11.5.1 SAP Company Details
11.5.2 SAP Business Overview
11.5.3 SAP Artificial Intelligence (AI) in Construction Introduction
11.5.4 SAP Revenue in Artificial Intelligence (AI) in Construction Business (2020-2025)
11.5.5 SAP Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Table of Figures
List of Tables
Table 1. Global Artificial Intelligence (AI) in Construction Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Key Players of Solution
Table 3. Key Players of Service
Table 4. Global Artificial Intelligence (AI) in Construction Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 5. Global Artificial Intelligence (AI) in Construction Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
Table 6. Global Artificial Intelligence (AI) in Construction Market Size by Region (2020-2025) & (US$ Million)
Table 7. Global Artificial Intelligence (AI) in Construction Market Share by Region (2020-2025)
Table 8. Global Artificial Intelligence (AI) in Construction Forecasted Market Size by Region (2026-2031) & (US$ Million)
Table 9. Global Artificial Intelligence (AI) in Construction Market Share by Region (2026-2031)
Table 10. Artificial Intelligence (AI) in Construction Market Trends
Table 11. Artificial Intelligence (AI) in Construction Market Drivers
Table 12. Artificial Intelligence (AI) in Construction Market Challenges
Table 13. Artificial Intelligence (AI) in Construction Market Restraints
Table 14. Global Artificial Intelligence (AI) in Construction Revenue by Players (2020-2025) & (US$ Million)
Table 15. Global Artificial Intelligence (AI) in Construction Market Share by Players (2020-2025)
Table 16. Global Top Artificial Intelligence (AI) in Construction Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Artificial Intelligence (AI) in Construction as of 2024)
Table 17. Ranking of Global Top Artificial Intelligence (AI) in Construction Companies by Revenue (US$ Million) in 2024
Table 18. Global 5 Largest Players Market Share by Artificial Intelligence (AI) in Construction Revenue (CR5 and HHI) & (2020-2025)
Table 19. Global Key Players of Artificial Intelligence (AI) in Construction, Headquarters and Area Served
Table 20. Global Key Players of Artificial Intelligence (AI) in Construction, Product and Application
Table 21. Global Key Players of Artificial Intelligence (AI) in Construction, Date of Enter into This Industry
Table 22. Mergers & Acquisitions, Expansion Plans
Table 23. Global Artificial Intelligence (AI) in Construction Market Size by Type (2020-2025) & (US$ Million)
Table 24. Global Artificial Intelligence (AI) in Construction Revenue Market Share by Type (2020-2025)
Table 25. Global Artificial Intelligence (AI) in Construction Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 26. Global Artificial Intelligence (AI) in Construction Revenue Market Share by Type (2026-2031)
Table 27. Global Artificial Intelligence (AI) in Construction Market Size by Application (2020-2025) & (US$ Million)
Table 28. Global Artificial Intelligence (AI) in Construction Revenue Market Share by Application (2020-2025)
Table 29. Global Artificial Intelligence (AI) in Construction Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 30. Global Artificial Intelligence (AI) in Construction Revenue Market Share by Application (2026-2031)
Table 31. North America Artificial Intelligence (AI) in Construction Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 32. North America Artificial Intelligence (AI) in Construction Market Size by Country (2020-2025) & (US$ Million)
Table 33. North America Artificial Intelligence (AI) in Construction Market Size by Country (2026-2031) & (US$ Million)
Table 34. Europe Artificial Intelligence (AI) in Construction Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 35. Europe Artificial Intelligence (AI) in Construction Market Size by Country (2020-2025) & (US$ Million)
Table 36. Europe Artificial Intelligence (AI) in Construction Market Size by Country (2026-2031) & (US$ Million)
Table 37. Asia-Pacific Artificial Intelligence (AI) in Construction Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
Table 38. Asia-Pacific Artificial Intelligence (AI) in Construction Market Size by Region (2020-2025) & (US$ Million)
Table 39. Asia-Pacific Artificial Intelligence (AI) in Construction Market Size by Region (2026-2031) & (US$ Million)
Table 40. Latin America Artificial Intelligence (AI) in Construction Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 41. Latin America Artificial Intelligence (AI) in Construction Market Size by Country (2020-2025) & (US$ Million)
Table 42. Latin America Artificial Intelligence (AI) in Construction Market Size by Country (2026-2031) & (US$ Million)
Table 43. Middle East & Africa Artificial Intelligence (AI) in Construction Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 44. Middle East & Africa Artificial Intelligence (AI) in Construction Market Size by Country (2020-2025) & (US$ Million)
Table 45. Middle East & Africa Artificial Intelligence (AI) in Construction Market Size by Country (2026-2031) & (US$ Million)
Table 46. Autodesk Company Details
Table 47. Autodesk Business Overview
Table 48. Autodesk Artificial Intelligence (AI) in Construction Product
Table 49. Autodesk Revenue in Artificial Intelligence (AI) in Construction Business (2020-2025) & (US$ Million)
Table 50. Autodesk Recent Development
Table 51. IBM Company Details
Table 52. IBM Business Overview
Table 53. IBM Artificial Intelligence (AI) in Construction Product
Table 54. IBM Revenue in Artificial Intelligence (AI) in Construction Business (2020-2025) & (US$ Million)
Table 55. IBM Recent Development
Table 56. Microsoft Company Details
Table 57. Microsoft Business Overview
Table 58. Microsoft Artificial Intelligence (AI) in Construction Product
Table 59. Microsoft Revenue in Artificial Intelligence (AI) in Construction Business (2020-2025) & (US$ Million)
Table 60. Microsoft Recent Development
Table 61. Oracle Company Details
Table 62. Oracle Business Overview
Table 63. Oracle Artificial Intelligence (AI) in Construction Product
Table 64. Oracle Revenue in Artificial Intelligence (AI) in Construction Business (2020-2025) & (US$ Million)
Table 65. Oracle Recent Development
Table 66. SAP Company Details
Table 67. SAP Business Overview
Table 68. SAP Artificial Intelligence (AI) in Construction Product
Table 69. SAP Revenue in Artificial Intelligence (AI) in Construction Business (2020-2025) & (US$ Million)
Table 70. SAP Recent Development
Table 71. Research Programs/Design for This Report
Table 72. Key Data Information from Secondary Sources
Table 73. Key Data Information from Primary Sources
Table 74. Authors List of This Report
List of Figures
Figure 1. Artificial Intelligence (AI) in Construction Picture
Figure 2. Global Artificial Intelligence (AI) in Construction Market Size Comparison by Type (2020-2031) & (US$ Million)
Figure 3. Global Artificial Intelligence (AI) in Construction Market Share by Type: 2024 VS 2031
Figure 4. Solution Features
Figure 5. Service Features
Figure 6. Global Artificial Intelligence (AI) in Construction Market Size by Application (2020-2031) & (US$ Million)
Figure 7. Global Artificial Intelligence (AI) in Construction Market Share by Application: 2024 VS 2031
Figure 8. Project Management Case Studies
Figure 9. Field Management Case Studies
Figure 10. Risk Management Case Studies
Figure 11. Schedule Management Case Studies
Figure 12. Other Case Studies
Figure 13. Artificial Intelligence (AI) in Construction Report Years Considered
Figure 14. Global Artificial Intelligence (AI) in Construction Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 15. Global Artificial Intelligence (AI) in Construction Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 16. Global Artificial Intelligence (AI) in Construction Market Share by Region: 2024 VS 2031
Figure 17. Global Artificial Intelligence (AI) in Construction Market Share by Players in 2024
Figure 18. Global Top Artificial Intelligence (AI) in Construction Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Artificial Intelligence (AI) in Construction as of 2024)
Figure 19. The Top 10 and 5 Players Market Share by Artificial Intelligence (AI) in Construction Revenue in 2024
Figure 20. North America Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 21. North America Artificial Intelligence (AI) in Construction Market Share by Country (2020-2031)
Figure 22. United States Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 23. Canada Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 24. Europe Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 25. Europe Artificial Intelligence (AI) in Construction Market Share by Country (2020-2031)
Figure 26. Germany Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 27. France Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 28. U.K. Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 29. Italy Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 30. Russia Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 31. Nordic Countries Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 32. Asia-Pacific Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 33. Asia-Pacific Artificial Intelligence (AI) in Construction Market Share by Region (2020-2031)
Figure 34. China Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 35. Japan Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 36. South Korea Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 37. Southeast Asia Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 38. India Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 39. Australia Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 40. Latin America Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 41. Latin America Artificial Intelligence (AI) in Construction Market Share by Country (2020-2031)
Figure 42. Mexico Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 43. Brazil Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 44. Middle East & Africa Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 45. Middle East & Africa Artificial Intelligence (AI) in Construction Market Share by Country (2020-2031)
Figure 46. Turkey Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 47. Saudi Arabia Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 48. UAE Artificial Intelligence (AI) in Construction Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 49. Autodesk Revenue Growth Rate in Artificial Intelligence (AI) in Construction Business (2020-2025)
Figure 50. IBM Revenue Growth Rate in Artificial Intelligence (AI) in Construction Business (2020-2025)
Figure 51. Microsoft Revenue Growth Rate in Artificial Intelligence (AI) in Construction Business (2020-2025)
Figure 52. Oracle Revenue Growth Rate in Artificial Intelligence (AI) in Construction Business (2020-2025)
Figure 53. SAP Revenue Growth Rate in Artificial Intelligence (AI) in Construction Business (2020-2025)
Figure 54. Bottom-up and Top-down Approaches for This Report
Figure 55. Data Triangulation
Figure 56. Key Executives Interviewed
Description
The global market for Artificial Intelligence (AI) in Construction was valued at US$ 1364 million in the year 2024 and is projected to reach a revised size of US$ 8864 million by 2031, growing at a CAGR of 31.1% during the forecast period. Artificial intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. The term may also be applied to any machine that exhibits traits associated with a human mind such as learning and problem-solving.
Artificial intelligence has evolved with improved safety standards and assist in predicting hazards at construction sites before they take place. Therefore, the construction companies have leveraged the artificial intelligence technology in terms of predictive maintenance and risk management solutions. Also, the AI in the construction industry is highly adopted for the development of industrial internet of things (IIoT) based applications for construction sites. IIoT assists project managers with efficient outputs and reduced labor costs, which boosts the demand for artificial intelligence in the industry. Construction companies are focusing on investments in IIoT applications development to implement industry 4.0 and support full automation at their job sites.
The Artificial Intelligence (AI) in Construction industry can be broken down into several segments, Solution, Service, etc.
Across the world, the major players cover Autodesk, IBM, Microsoft, etc.
In the global companies about the artificial Intelligence (AI) in construction, the IBM had the maximum market share with over 32% in 2019.
Between the two types of breakdown about artificial Intelligence (AI) in construction, the solution held more market share with around 67% in 2019.
This report aims to provide a comprehensive presentation of the global market for Artificial Intelligence (AI) in Construction, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Artificial Intelligence (AI) in Construction.
The Artificial Intelligence (AI) in Construction market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Artificial Intelligence (AI) in Construction market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Artificial Intelligence (AI) in Construction companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Artificial Intelligence (AI) in Construction company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 18 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 18 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
Add to Cart
Buy Now