AI in Construction Market Size, Share & Industry Analysis, By Solution (Project Management, Risk Management, Schedule Management, Supply Chain Management, and Others), By Deployment (Cloud and On-premises), By Construction Stage (Pre-construction, Construction, and Post-construction); By Construction Type (Residential, Industrial, Commercial, Infrastructure), and Regional Forecast, 2024-2032
The AI in Construction Market 2025 investigates the use of artificial intelligence to improve productivity, safety, and decision-making in Construction projects. From predictive analytics and robotics to smart project management, AI is transforming the business by lowering costs and project schedules. The growing use of AI-powered tools is paving the way for better, more sustainable construction processes around the world.
Request a free research sample to see how our insights can help expand your business: https://www.fortunebusinessinsights.com/enquiry/sample/109848
List of the Companies Profiled in the Report:
- Autodesk (U.S.)
- SAP SE (Germany)
- Bentley Systems (U.S.)
- ALICE Technologies Inc. (U.S.)
- Dassault Systèmes (France)
- Oracle Corporation (U.S.)
- Trimble Inc. (U.S.)
- Komatsu (Japan)
- Procore Technologies, Inc. (U.S.)
- Doxel (U.S.)
Segmentation:
By Solution
- Project Management
- Risk Management
- Schedule Management
- Supply Chain Management
- Others (Quality Management, Safety Management)
By Deployment
- Cloud
- On-premises
- By Construction Stage
- Pre-construction
- Construction
- Post-construction
By Construction Type
- Residential
- Industrial
- Commercial
- Infrastructure
AI in Construction Market Drivers and Restraints:
Growth Factors:
- Increasing Adoption of Smart Construction Technologies: AI-driven tools for design, planning, and on-site monitoring are enhancing efficiency and reducing costs in the construction industry.
- Rising Focus on Sustainable Construction: AI helps optimize resource usage, reduce waste, and achieve sustainability goals, driving adoption.
Restraining Factors:
- Lack of Skilled Workforce: The limited availability of professionals adept at implementing and managing AI tools in construction hinders growth.
- High Implementation Costs: Integrating AI systems requires substantial investment in technology and training, posing a barrier for small companies.
Report Coverage
The global AI in Construction Industry size was valued at USD 3.20 billion in 2023 and is projected to grow from USD 3.93 billion in 2024 to USD 22.68 billion by 2032, exhibiting a CAGR of 24.5% during the forecast period. North America dominated the AI in construction Industry with a Industry share of 38.75% in 2023.
The report provides:
- Key growth drivers, challenges, opportunities, and potential barriers in the market.
- Comprehensive insights into regional developments.
- A list of major industry players.
- Key strategies adopted by market leaders.
- Recent industry developments, including product launches, partnerships, mergers, and acquisitions.
Connect with Our Expert for any Queries: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/109848
Global AI in Construction Market: Regional Segmentation:-
- North America (USA & Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia & Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia & Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (GCC, South Africa & Rest of Middle East & Africa)
The information in this study is based on both primary and secondary research methods. The major research methodology comprises interactions with service providers, suppliers, and industry experts. The secondary research process entails a thorough search of relevant documents such as corporate annual reports, financial reports, and proprietary databases.
Key Industry Development
- SAP SE unveiled advancements in its supply chain solutions, which are poised to surge manufacturing productivity, efficiency, and accuracy. AI-powered insights derived from real-time data will empower construction companies to leverage their data for informed decision-making throughout supply chains. This will optimize product development and enhance manufacturing efficiency.
- Cadence Design Systems, Inc. extended its partnership with Dassault Systèmes at 3DEXPERIENCE World. They are integrating AI-driven Cadence, OrCAD X, and Allegro X with Dassault Systèmes’ 3DEXPERIENCE Works portfolio for SOLIDWORKS users, facilitating seamless collaboration across PCB, 3D mechanical design, and simulation. This cloud-enabled integration offers an easy-to-use solution for next-gen product development, resulting in up to 5X faster design turnaround time.
- Autodesk debuted Autodesk AI, a smart technology designed to inspire creativity, tackle obstacles, and enhance productivity across various sectors within the construction industry. The solution provides intelligent support and generative functionalities, enabling users to envision and innovate freely, offering precise and innovative results.
- Trimble announced its Viewpoint Spectrum and Viewpoint Vista construction ERP software that features Automatic Invoicing. Integrating Azure AI Document Intelligence enhances the process by automatically converting paper and PDF invoices into validated entries within Spectrum and Vista. This streamlines workflows, saving contractors time and money.
- Versatile, a data collection solution provider specifically for construction, collaborated with Procore Technologies Inc. This collaboration aims to streamline daily construction log updates with accurate site progress data. This advancement will automate data management, saving time, and enhancing accuracy for construction teams.
Request Here for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/109848
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Address:
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower, Baner
Maharashtra, India.
Phone:
US: +1 833 909 2966
UK: +44 8085 020280
APAC: +91 744 740 1245
Email: [email protected]
Our More Related Reports:
Facilities Management Market In-depth Industry Analysis and Forecast 2025-2032
Construction Equipment Market In-depth Industry Analysis and Forecast 2025-2032
Robotic Process Automation Market In-depth Industry Analysis and Forecast 2025-2032
Automated Guided Vehicle Market In-depth Industry Analysis and Forecast 2025-2032
Air Filters Market In-depth Industry Analysis and Forecast 2025-2032
Agriculture Equipment Market In-depth Industry Analysis and Forecast 2025-2032
Machine Tools Market In-depth Industry Analysis and Forecast 2025-2032
Air Compressor Market In-depth Industry Analysis and Forecast 2025-2032
Kiosks Market In-depth Industry Analysis and Forecast 2025-2032
Metal Cutting Machine Tools Market In-depth Industry Analysis and Forecast 2025-2032
ISO Containers Market In-depth Industry Analysis and Forecast 2025-2032
Autonomous Mobile Robots Market In-depth Industry Analysis and Forecast 2025-2032
Countertop Market In-depth Industry Analysis and Forecast 2025-2032
Heating, Ventilation, and Cooling System Market In-depth Industry Analysis and Forecast 2025-2032
Industrial Laundry Machine Market In-depth Industry Analysis and Forecast 2025-2032
Container Homes Market In-depth Industry Analysis and Forecast 2025-2032
Injection Molding Machine Market In-depth Industry Analysis and Forecast 2025-2032
Wearable Robotic Exoskeleton Market In-depth Industry Analysis and Forecast 2025-2032
Commercial Refrigeration Equipment Market In-depth Industry Analysis and Forecast 2025-2032
Digital Textile Printing Market In-depth Industry Analysis and Forecast 2025-2032