Artificial Intelligence in Building Market expected to grow at CAGR of +36% by 2030 |

May 24, 2023

AI is the latest buzz to hit the construction industry.  It’s not necessarily new, but has recently made its presence widely known.  Various construction software companies have made a large effort to integrate artificial intelligence into their code.  This either thrills the hell out of you, or scares the pants off of you!  Either way, AI isn’t leaving the construction industry party anytime soon.  No matter where you sit in the industry there is a way that AI can help some of your business processes run more efficiently.  

Below is a snapshot of the most recent Artificial Intelligence in Building Market Report.

Top Key Players Listed in the Artificial Intelligence in Construction Market 2023-2029 Report Are:

  • Autodesk
  • IBM
  • Microsoft
  • Oracle
  • SAP

Some key questions answered in this report:

  • What will be the Market Size and Growth Rate for the Construction Building Market in the forecast year?
  • What are the Key Factors fueling AI in the Construction Building Market?
  • What are the Risks and Challenges in front of the Construction Building Market?
  • Who are the Key Vendors for AI in the Construction Building Market?

Market Segmentation: By Type

  • Solution
  • Service

Market Segmentation: By Application

  • Project Management
  • Field Management
  • Risk Management
  • Schedule Management
  • Other

Who is the report important to?

The AI in Construction Building Market Report is a handy tool for policymakers, industry professionals, stakeholders (investors), to gain insights on current and future expectations of the Artificial Intelligence Construction Building Market.

What does all this mean for you as the builder or construction bookkeeper?

Keeping an eye on these reports can help you identify new AI tools-therefore directing you on the possibilities of growth, or the need for investing in new skills or technologies.  

As a part of risk management, this report is helpful in regulatory compliance.  Keeping the business on the right track, steering clear of any financial or legal risks.  

Additionally, it’s important to understand new technologies to ensure competitiveness amongst your competitors.  Being up to date can assist with any pivots you need to implement to keep you at the top of your game. 

Sources

https://www.digitaljournal.com/pr/news/a2z-market-research/artificial-intelligence-in-building-market-is-foreseen-to-grow-at-cagr-of-36-by-2030-ibm-microsoft-oracle#ixzz81QA65enW

https://www.unwexaminer.com/artificial-intelligence-in-construction-market-growth-2023-along-with-business-insights-and-forecast-to-2029-by-key-players-ibm-microsoft-oracle-sap/

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