Global Artificial Intelligence in Construction Market to reach a new height by 2025.


Posted November 26, 2018 by snehaaark

Global Artificial Intelligence in Construction Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. 

 
The major driving factor of global artificial intelligence in construction market are growing demand across end user industries, technological advancements have encouraged the organizations especially construction and engineering sector and the increasing digital data. In addition, a rapid surge in the growth of the digital data has been witnessed owing to the growing adoption of Building Information Systems security sensors, drones, and machine telematics. This is encouraging construction companies to adopt advanced analytics solutions to take the full advantage of the huge amount of digital data and extract actionable insights.  

Artificial Intelligence in Construction Management is the core of artificial intelligence. With data collected at various cycles of the construction project across many different projects in construction firms, this provides valuable learning information for artificial intelligence applications. Artificial intelligence serves as a helpful tool for every phase of the construction project. The major key benefits of artificial intelligence are By using Construction Language Analysis, from tools such as Autodesk BIM 360 software, algorithms are able to understand complex data and predict potential problems, by using AI technology in the construction industry and scanning software, they can track the body movement of bricklayers to analyses their form in order to reduce the amount of injuries on-site and artificial intelligence in construction can be used to measure a projects parameters which is then fed into a computer which understands the data and requirements of their physical location. 

The leading market player of global artificial intelligence in construction market:
IBM
Microsoft 
Oracle
SAP
Alice Technologies
Aurora Computer Services
Autodesk
Coins Global
Beyond Limits
Plangrid
Renoworks Software
Bentley Systems 

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. 

Major Region  of global artificial intelligence in construction market:
North America
Europe
Asia Pacific
Latin America
Rest of the World 

Target Audience of the Global Artificial Intelligence in Construction Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors 

Category: Construction Market
Aarkstore Enterprise
+91 9987295242 | [email protected] | aarkstore.com 
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Categories Construction
Tags aarkstore market research , artificial intelligence in construction market reports , construction market research reports , market research reports
Last Updated November 26, 2018