Artificial Intelligence (AI) in Construction - Global Market Insights and Sales Trends 2024

• Description
• Table of Contents
• Table of Figures
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• Description
• Table of Contents
• Table of Figures
• PDF Download

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.

The global Artificial Intelligence (AI) in Construction market size is expected to reach US$ 6925.4 million by 2029, growing at a CAGR of 31.1% from 2023 to 2029. The market is mainly driven by the significant applications of Artificial Intelligence (AI) in Construction in various end use industries. The expanding demands from the Project Management, Field Management, Risk Management and Schedule Management, are propelling Artificial Intelligence (AI) in Construction market. Solution, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Service segment is estimated at % CAGR for the next seven-year period.

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.

Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Artificial Intelligence (AI) in Construction, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:
This report provides in-depth analysis of the global Artificial Intelligence (AI) in Construction market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Artificial Intelligence (AI) in Construction market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Artificial Intelligence (AI) in Construction sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Artificial Intelligence (AI) in Construction covered in this report include Autodesk, IBM, Microsoft, Oracle and SAP, etc.

The global Artificial Intelligence (AI) in Construction market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.

Market Segmentation

Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Artificial Intelligence (AI) in Construction companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion

 1 Market Overview of Artificial Intelligence (AI) in Construction
    1.1 Artificial Intelligence (AI) in Construction Market Overview
        1.1.1 Artificial Intelligence (AI) in Construction Product Scope
        1.1.2 Artificial Intelligence (AI) in Construction Market Status and Outlook
    1.2 Global Artificial Intelligence (AI) in Construction Market Size Overview by Region 2018 VS 2022 VS 2029
    1.3 Global Artificial Intelligence (AI) in Construction Market Size by Region (2018-2029)
    1.4 Global Artificial Intelligence (AI) in Construction Historic Market Size by Region (2018-2023)
    1.5 Global Artificial Intelligence (AI) in Construction Market Size Forecast by Region (2024-2029)
    1.6 Key Regions, Artificial Intelligence (AI) in Construction Market Size (2018-2029)
        1.6.1 North America Artificial Intelligence (AI) in Construction Market Size (2018-2029)
        1.6.2 Europe Artificial Intelligence (AI) in Construction Market Size (2018-2029)
        1.6.3 Asia-Pacific Artificial Intelligence (AI) in Construction Market Size (2018-2029)
        1.6.4 Latin America Artificial Intelligence (AI) in Construction Market Size (2018-2029)
        1.6.5 Middle East & Africa Artificial Intelligence (AI) in Construction Market Size (2018-2029)

 2 Artificial Intelligence (AI) in Construction Market by Type
    2.1 Introduction
        2.1.1 Solution
        2.1.2 Service
    2.2 Global Artificial Intelligence (AI) in Construction Market Size by Type: 2018 VS 2022 VS 2029
        2.2.1 Global Artificial Intelligence (AI) in Construction Historic Market Size by Type (2018-2023)
        2.2.2 Global Artificial Intelligence (AI) in Construction Forecasted Market Size by Type (2024-2029)
    2.3 Key Regions Market Size by Type
        2.3.1 North America Artificial Intelligence (AI) in Construction Revenue Breakdown by Type (2018-2029)
        2.3.2 Europe Artificial Intelligence (AI) in Construction Revenue Breakdown by Type (2018-2029)
        2.3.3 Asia-Pacific Artificial Intelligence (AI) in Construction Revenue Breakdown by Type (2018-2029)
        2.3.4 Latin America Artificial Intelligence (AI) in Construction Revenue Breakdown by Type (2018-2029)
        2.3.5 Middle East and Africa Artificial Intelligence (AI) in Construction Revenue Breakdown by Type (2018-2029)

 3 Artificial Intelligence (AI) in Construction Market Overview by Application
    3.1 Introduction
        3.1.1 Project Management
        3.1.2 Field Management
        3.1.3 Risk Management
        3.1.4 Schedule Management
        3.1.5 Other
    3.2 Global Artificial Intelligence (AI) in Construction Market Size by Application: 2018 VS 2022 VS 2029
        3.2.1 Global Artificial Intelligence (AI) in Construction Historic Market Size by Application (2018-2023)
        3.2.2 Global Artificial Intelligence (AI) in Construction Forecasted Market Size by Application (2024-2029)
    3.3 Key Regions Market Size by Application
        3.3.1 North America Artificial Intelligence (AI) in Construction Revenue Breakdown by Application (2018-2029)
        3.3.2 Europe Artificial Intelligence (AI) in Construction Revenue Breakdown by Application (2018-2029)
        3.3.3 Asia-Pacific Artificial Intelligence (AI) in Construction Revenue Breakdown by Application (2018-2029)
        3.3.4 Latin America Artificial Intelligence (AI) in Construction Revenue Breakdown by Application (2018-2029)
        3.3.5 Middle East and Africa Artificial Intelligence (AI) in Construction Revenue Breakdown by Application (2018-2029)

 4 Artificial Intelligence (AI) in Construction Competition Analysis by Players
    4.1 Global Artificial Intelligence (AI) in Construction Market Size by Players (2018-2023)
    4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Artificial Intelligence (AI) in Construction as of 2022)
    4.3 Date of Key Players Enter into Artificial Intelligence (AI) in Construction Market
    4.4 Global Top Players Artificial Intelligence (AI) in Construction Headquarters and Area Served
    4.5 Key Players Artificial Intelligence (AI) in Construction Product Solution and Service
    4.6 Competitive Status
        4.6.1 Artificial Intelligence (AI) in Construction Market Concentration Rate
        4.6.2 Mergers & Acquisitions, Expansion Plans

 5 Company (Top Players) Profiles
    5.1 Autodesk
        5.1.1 Autodesk Profile
        5.1.2 Autodesk Main Business
        5.1.3 Autodesk Artificial Intelligence (AI) in Construction Products, Services and Solutions
        5.1.4 Autodesk Artificial Intelligence (AI) in Construction Revenue (US$ Million) & (2018-2023)
        5.1.5 Autodesk Recent Developments
    5.2 IBM
        5.2.1 IBM Profile
        5.2.2 IBM Main Business
        5.2.3 IBM Artificial Intelligence (AI) in Construction Products, Services and Solutions
        5.2.4 IBM Artificial Intelligence (AI) in Construction Revenue (US$ Million) & (2018-2023)
        5.2.5 IBM Recent Developments
    5.3 Microsoft
        5.3.1 Microsoft Profile
        5.3.2 Microsoft Main Business
        5.3.3 Microsoft Artificial Intelligence (AI) in Construction Products, Services and Solutions
        5.3.4 Microsoft Artificial Intelligence (AI) in Construction Revenue (US$ Million) & (2018-2023)
        5.3.5 Oracle Recent Developments
    5.4 Oracle
        5.4.1 Oracle Profile
        5.4.2 Oracle Main Business
        5.4.3 Oracle Artificial Intelligence (AI) in Construction Products, Services and Solutions
        5.4.4 Oracle Artificial Intelligence (AI) in Construction Revenue (US$ Million) & (2018-2023)
        5.4.5 Oracle Recent Developments
    5.5 SAP
        5.5.1 SAP Profile
        5.5.2 SAP Main Business
        5.5.3 SAP Artificial Intelligence (AI) in Construction Products, Services and Solutions
        5.5.4 SAP Artificial Intelligence (AI) in Construction Revenue (US$ Million) & (2018-2023)
        5.5.5 SAP Recent Developments

 6 North America
    6.1 North America Artificial Intelligence (AI) in Construction Market Size by Country (2018-2029)
    6.2 U.S.
    6.3 Canada

 7 Europe
    7.1 Europe Artificial Intelligence (AI) in Construction Market Size by Country (2018-2029)
    7.2 Germany
    7.3 France
    7.4 U.K.
    7.5 Italy
    7.6 Russia
    7.7 Nordic Countries
    7.8 Rest of Europe

 8 Asia-Pacific
    8.1 Asia-Pacific Artificial Intelligence (AI) in Construction Market Size by Region (2018-2029)
    8.2 China
    8.3 Japan
    8.4 South Korea
    8.5 Southeast Asia
    8.6 India
    8.7 Australia
    8.8 Rest of Asia-Pacific

 9 Latin America
    9.1 Latin America Artificial Intelligence (AI) in Construction Market Size by Country (2018-2029)
    9.2 Mexico
    9.3 Brazil
    9.4 Rest of Latin America

 10 Middle East & Africa
    10.1 Middle East & Africa Artificial Intelligence (AI) in Construction Market Size by Country (2018-2029)
    10.2 Turkey
    10.3 Saudi Arabia
    10.4 UAE
    10.5 Rest of Middle East & Africa

 11 Artificial Intelligence (AI) in Construction Market Dynamics
    11.1 Artificial Intelligence (AI) in Construction Industry Trends
    11.2 Artificial Intelligence (AI) in Construction Market Drivers
    11.3 Artificial Intelligence (AI) in Construction Market Challenges
    11.4 Artificial Intelligence (AI) in Construction Market Restraints

 12 Research Finding /Conclusion

 13 Methodology and Data Source
    13.1 Methodology/Research Approach
        13.1.1 Research Programs/Design
        13.1.2 Market Size Estimation
        13.1.3 Market Breakdown and Data Triangulation
    13.2 Data Source
        13.2.1 Secondary Sources
        13.2.2 Primary Sources
    13.3 Disclaimer

List of Tables
    Table 1. Global Market Artificial Intelligence (AI) in Construction Market Size (US$ Million) Comparison by Region 2018 VS 2022 VS 2029
    Table 2. Global Artificial Intelligence (AI) in Construction Market Size by Region (2018-2023) & (US$ Million)
    Table 3. Global Artificial Intelligence (AI) in Construction Market Size Share by Region (2018-2023)
    Table 4. Global Artificial Intelligence (AI) in Construction Forecasted Market Size by Region (2024-2029) & (US$ Million)
    Table 5. Global Artificial Intelligence (AI) in Construction Forecasted Market Size Share by Region (2024-2029)
    Table 6. Global Artificial Intelligence (AI) in Construction Market Size (US$ Million) by Type: 2018 VS 2022 VS 2029
    Table 7. Global Artificial Intelligence (AI) in Construction Market Size by Type (2018-2023) & (US$ Million)
    Table 8. Global Artificial Intelligence (AI) in Construction Revenue Market Share by Type (2018-2023)
    Table 9. Global Artificial Intelligence (AI) in Construction Forecasted Market Size by Type (2024-2029) & (US$ Million)
    Table 10. Global Artificial Intelligence (AI) in Construction Revenue Market Share by Type (2024-2029)
    Table 11. North America Artificial Intelligence (AI) in Construction Revenue by Type (2018-2023) & (US$ Million)
    Table 12. North America Artificial Intelligence (AI) in Construction Revenue by Type (2024-2029) & (US$ Million)
    Table 13. Europe Artificial Intelligence (AI) in Construction Revenue by Type (2018-2023) & (US$ Million)
    Table 14. Europe Artificial Intelligence (AI) in Construction Revenue by Type (2024-2029) & (US$ Million)
    Table 15. Asia-Pacific Artificial Intelligence (AI) in Construction Revenue by Type (2018-2023) & (US$ Million)
    Table 16. Asia-Pacific Artificial Intelligence (AI) in Construction Revenue by Type (2024-2029) & (US$ Million)
    Table 17. Latin America Artificial Intelligence (AI) in Construction Revenue by Type (2018-2023) & (US$ Million)
    Table 18. Latin America Artificial Intelligence (AI) in Construction Revenue by Type (2024-2029) & (US$ Million)
    Table 19. Middle East and Africa Artificial Intelligence (AI) in Construction Revenue by Type (2018-2023) & (US$ Million)
    Table 20. Middle East and Africa Artificial Intelligence (AI) in Construction Revenue by Type (2024-2029) & (US$ Million)
    Table 21. Global Artificial Intelligence (AI) in Construction Market Size (US$ Million) by Application: 2018 VS 2022 VS 2029
    Table 22. Global Artificial Intelligence (AI) in Construction Market Size by Application (2018-2023) & (US$ Million)
    Table 23. Global Artificial Intelligence (AI) in Construction Revenue Market Share by Application (2018-2023)
    Table 24. Global Artificial Intelligence (AI) in Construction Forecasted Market Size by Application (2024-2029) & (US$ Million)
    Table 25. Global Artificial Intelligence (AI) in Construction Revenue Market Share by Application (2024-2029)
    Table 26. North America Artificial Intelligence (AI) in Construction Revenue by Application (2018-2023) & (US$ Million)
    Table 27. North America Artificial Intelligence (AI) in Construction Revenue by Application (2024-2029) & (US$ Million)
    Table 28. Europe Artificial Intelligence (AI) in Construction Revenue by Application (2018-2023) & (US$ Million)
    Table 29. Europe Artificial Intelligence (AI) in Construction Revenue by Application (2024-2029) & (US$ Million)
    Table 30. Asia-Pacific Artificial Intelligence (AI) in Construction Revenue by Application (2018-2023) & (US$ Million)
    Table 31. Asia-Pacific Artificial Intelligence (AI) in Construction Revenue by Application (2024-2029) & (US$ Million)
    Table 32. Latin America Artificial Intelligence (AI) in Construction Revenue by Application (2018-2023) & (US$ Million)
    Table 33. Latin America Artificial Intelligence (AI) in Construction Revenue by Application (2024-2029) & (US$ Million)
    Table 34. Middle East and Africa Artificial Intelligence (AI) in Construction Revenue by Application (2018-2023) & (US$ Million)
    Table 35. Middle East and Africa Artificial Intelligence (AI) in Construction Revenue by Application (2024-2029) & (US$ Million)
    Table 36. Global Artificial Intelligence (AI) in Construction Revenue (US$ Million) by Players (2018-2023)
    Table 37. Global Artificial Intelligence (AI) in Construction Revenue Market Share by Players (2018-2023)
    Table 38. Global Top Players Market Share by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Artificial Intelligence (AI) in Construction as of 2022)
    Table 39. Date of Key Players Enter into Artificial Intelligence (AI) in Construction Market
    Table 40. Global Artificial Intelligence (AI) in Construction Key Players Headquarters and Area Served
    Table 41. Artificial Intelligence (AI) in Construction Product Solution and Service
    Table 42. Global Artificial Intelligence (AI) in Construction Players Market Concentration Ratio (CR5 and HHI)
    Table 43. Mergers & Acquisitions, Expansion Plans
    Table 44. Autodesk Basic Information List
    Table 45. Autodesk Description and Business Overview
    Table 46. Autodesk Artificial Intelligence (AI) in Construction Products, Services and Solutions
    Table 47. Revenue (US$ Million) in Artificial Intelligence (AI) in Construction Business of Autodesk (2018-2023)
    Table 48. Autodesk Recent Developments
    Table 49. IBM Basic Information List
    Table 50. IBM Description and Business Overview
    Table 51. IBM Artificial Intelligence (AI) in Construction Products, Services and Solutions
    Table 52. Revenue (US$ Million) in Artificial Intelligence (AI) in Construction Business of IBM (2018-2023)
    Table 53. IBM Recent Developments
    Table 54. Microsoft Basic Information List
    Table 55. Microsoft Description and Business Overview
    Table 56. Microsoft Artificial Intelligence (AI) in Construction Products, Services and Solutions
    Table 57. Revenue (US$ Million) in Artificial Intelligence (AI) in Construction Business of Microsoft (2018-2023)
    Table 58. Microsoft Recent Developments
    Table 59. Oracle Basic Information List
    Table 60. Oracle Description and Business Overview
    Table 61. Oracle Artificial Intelligence (AI) in Construction Products, Services and Solutions
    Table 62. Revenue (US$ Million) in Artificial Intelligence (AI) in Construction Business of Oracle (2018-2023)
    Table 63. Oracle Recent Developments
    Table 64. SAP Basic Information List
    Table 65. SAP Description and Business Overview
    Table 66. SAP Artificial Intelligence (AI) in Construction Products, Services and Solutions
    Table 67. Revenue (US$ Million) in Artificial Intelligence (AI) in Construction Business of SAP (2018-2023)
    Table 68. SAP Recent Developments
    Table 69. North America Artificial Intelligence (AI) in Construction Market Size by Country (2018-2023) & (US$ Million)
    Table 70. North America Artificial Intelligence (AI) in Construction Market Size by Country (2024-2029) & (US$ Million)
    Table 71. Europe Artificial Intelligence (AI) in Construction Market Size by Country (2018-2023) & (US$ Million)
    Table 72. Europe Artificial Intelligence (AI) in Construction Market Size by Country (2024-2029) & (US$ Million)
    Table 73. Asia-Pacific Artificial Intelligence (AI) in Construction Market Size Growth Rate (CAGR) by Region (US$ Million): 2018 VS 2022 VS 2029
    Table 74. Asia-Pacific Artificial Intelligence (AI) in Construction Market Size by Region (2018-2023) & (US$ Million)
    Table 75. Asia-Pacific Artificial Intelligence (AI) in Construction Market Size by Region (2024-2029) & (US$ Million)
    Table 76. Asia-Pacific Artificial Intelligence (AI) in Construction Market Share by Region (2018-2023)
    Table 77. Asia-Pacific Artificial Intelligence (AI) in Construction Market Share by Region (2024-2029)
    Table 78. Latin America Artificial Intelligence (AI) in Construction Market Size Growth Rate (CAGR) by Region (US$ Million): 2018 VS 2022 VS 2029
    Table 79. Latin America Artificial Intelligence (AI) in Construction Market Size by Country (2018-2023) & (US$ Million)
    Table 80. Latin America Artificial Intelligence (AI) in Construction Market Size by Country (2024-2029) & (US$ Million)
    Table 81. Middle East & Africa Artificial Intelligence (AI) in Construction Market Size Growth Rate (CAGR) by Region (US$ Million): 2018 VS 2022 VS 2029
    Table 82. Middle East & Africa Artificial Intelligence (AI) in Construction Market Size by Country (2018-2023) & (US$ Million)
    Table 83. Middle East & Africa Artificial Intelligence (AI) in Construction Market Size by Country (2024-2029) & (US$ Million)
    Table 84. Artificial Intelligence (AI) in Construction Market Trends
    Table 85. Artificial Intelligence (AI) in Construction Market Drivers
    Table 86. Artificial Intelligence (AI) in Construction Market Challenges
    Table 87. Artificial Intelligence (AI) in Construction Market Restraints
    Table 88. Research Programs/Design for This Report
    Table 89. Key Data Information from Secondary Sources
    Table 90. Key Data Information from Primary Sources
List of Figures
    Figure 1. Global Artificial Intelligence (AI) in Construction Market Size Year-over-Year 2018-2029 & (US$ Million)
    Figure 2. Global Artificial Intelligence (AI) in Construction Market Size (US$ Million), 2018 VS 2022 VS 2029
    Figure 3. Global Artificial Intelligence (AI) in Construction Market Share by Regions: 2022 VS 2029
    Figure 4. Global Artificial Intelligence (AI) in Construction Forecasted Market Size Share by Region (2024-2029)
    Figure 5. North America Artificial Intelligence (AI) in Construction Market Size Growth Rate (2018-2029) & (US$ Million)
    Figure 6. Europe Artificial Intelligence (AI) in Construction Market Size Growth Rate (2018-2029) & (US$ Million)
    Figure 7. Asia-Pacific Artificial Intelligence (AI) in Construction Market Size Growth Rate (2018-2029) & (US$ Million)
    Figure 8. Latin America Artificial Intelligence (AI) in Construction Market Size Growth Rate (2018-2029) & (US$ Million)
    Figure 9. Middle East & Africa Artificial Intelligence (AI) in Construction Market Size Growth Rate (2018-2029) & (US$ Million)
    Figure 10. Product Picture of Solution
    Figure 11. Global Solution Market Size (US$ Million) & YoY Growth (2018-2029)
    Figure 12. Product Picture of Service
    Figure 13. Global Service Market Size (US$ Million) & YoY Growth (2018-2029)
    Figure 14. Global Artificial Intelligence (AI) in Construction Market Size Share by Type:  2022 & 2029
    Figure 15. North America Artificial Intelligence (AI) in Construction Revenue Market Share by Type (2018-2029)
    Figure 16. Europe Artificial Intelligence (AI) in Construction Revenue Market Share by Type (2018-2029)
    Figure 17. Asia-Pacific Artificial Intelligence (AI) in Construction Revenue Market Share by Type (2018-2029)
    Figure 18. Latin America Artificial Intelligence (AI) in Construction Revenue Market Share by Type (2018-2029)
    Figure 19. Middle East and Africa Artificial Intelligence (AI) in Construction Revenue Market Share by Type (2018-2029)
    Figure 20. Project Management Market Size (US$ Million) & YoY Growth (2018-2029)
    Figure 21. Field Management Market Size (US$ Million) & YoY Growth (2018-2029)
    Figure 22. Risk Management Market Size (US$ Million) & YoY Growth (2018-2029)
    Figure 23. Schedule Management Market Size (US$ Million) & YoY Growth (2018-2029)
    Figure 24. Other Market Size (US$ Million) & YoY Growth (2018-2029)
    Figure 25. Global Artificial Intelligence (AI) in Construction Market Size Share by Application: 2022 & 2029
    Figure 26. North America Artificial Intelligence (AI) in Construction Revenue Market Share by Application (2018-2029)
    Figure 27. Europe Artificial Intelligence (AI) in Construction Revenue Market Share by Application (2018-2029)
    Figure 28. Asia-Pacific Artificial Intelligence (AI) in Construction Revenue Market Share by Application (2018-2029)
    Figure 29. Latin America Artificial Intelligence (AI) in Construction Revenue Market Share by Application (2018-2029)
    Figure 30. Middle East and Africa Artificial Intelligence (AI) in Construction Revenue Market Share by Application (2018-2029)
    Figure 31. Artificial Intelligence (AI) in Construction Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2018 VS 2022
    Figure 32. Global Top 5 and Top 10 Players Artificial Intelligence (AI) in Construction Market Share in 2022
    Figure 33. North America Artificial Intelligence (AI) in Construction Market Share by Country (2018-2029)
    Figure 34. U.S. Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 35. Canada Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 36. Germany Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 37. France Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 38. U.K. Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 39. Italy Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 40. Russia Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 41. Nordic Countries Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 42. Asia-Pacific Artificial Intelligence (AI) in Construction Market Share by Region (2018-2029)
    Figure 43. China Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 44. Japan Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 45. South Korea Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 46. Southeast Asia Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 47. India Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 48. Australia Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 49. Latin America Artificial Intelligence (AI) in Construction Market Share by Country (2018-2029)
    Figure 50. Mexico Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 51. Brazil Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 52. Middle East & Africa Artificial Intelligence (AI) in Construction Market Share by Country (2018-2029)
    Figure 53. Turkey Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 54. Saudi Arabia Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 55. UAE Artificial Intelligence (AI) in Construction Market Size (2018-2029) & (US$ Million)
    Figure 56. Bottom-up and Top-down Approaches for This Report

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.

The global Artificial Intelligence (AI) in Construction market size is expected to reach US$ 6925.4 million by 2029, growing at a CAGR of 31.1% from 2023 to 2029. The market is mainly driven by the significant applications of Artificial Intelligence (AI) in Construction in various end use industries. The expanding demands from the Project Management, Field Management, Risk Management and Schedule Management, are propelling Artificial Intelligence (AI) in Construction market. Solution, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Service segment is estimated at % CAGR for the next seven-year period.

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.

Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Artificial Intelligence (AI) in Construction, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:
This report provides in-depth analysis of the global Artificial Intelligence (AI) in Construction market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Artificial Intelligence (AI) in Construction market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Artificial Intelligence (AI) in Construction sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Artificial Intelligence (AI) in Construction covered in this report include Autodesk, IBM, Microsoft, Oracle and SAP, etc.

The global Artificial Intelligence (AI) in Construction market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.

Market Segmentation

Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Artificial Intelligence (AI) in Construction companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion