Product ID: UCMIG45E2033
Artificial Intelligence (AI) in Construction Market Size, Share, Growth Analysis, By Type(Hardware, Software), By Application(Network security, Network optimization), By Region(North America, U.S.) - Industry Forecast 2024-2031
Report ID:
UCMIG45E2033 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Artificial Intelligence (AI) in Construction Market Insights
Market Overview:
The key growth drivers include the evolution of data-driven AI and deep learning, as well as the requirement to acquire robotic autonomy in order to compete in the global market. The primary market constraint is the scarcity of AI technology expertise. The market is also confronted with significant obstacles, such as data privacy and the unreliability of AI algorithms. The underlying prospects in the AI market include increasing industrial operational efficiency and using AI to improve customer service. The rate at which rule-based AI is being replaced by data-based AI is a major development in AI. Machines have begun to learn and implement procedures on their own, rather than using if/then logic. These are some of the primary drivers of market growth during the study period.
Artificial Intelligence (AI) in Construction Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
To get more reports on the above market click here to
Get Free Sample
Get Free Sample
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Application Software by segment aggregation, the contribution of the Application Software in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Artificial Intelligence (AI) in Construction Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
