Business Industry Reports

Outstanding Growth of Artificial Intelligence (AI) in Construction Market Is Estimated to Reach US $1355 Million by the End of 2023 with CAGR of 32.15%

 

Pune, India -- (SBWIRE) -- 08/23/2019 -- The report high point, potential growth opportunities in the coming years and covers a review of the market drivers, growth measure, competitive landscape, market dynamics, opposition and other Artificial Intelligence (AI) in Construction feature to the Artificial Intelligence (AI) in Construction Market.

Global Artificial Intelligence (AI) in Construction Market overview:

The report covers forecast and analysis for the Artificial Intelligence (AI) in Construction Market on a global and regional level. The study provides historic data of 2014-2018 along with a forecast from 2019 to 2023 based on both output/volume and revenue. The study then describes the drivers and restraints for the Artificial Intelligence (AI) in Construction Market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Artificial Intelligence (AI) in Construction Market on a global level.

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The Artificial Intelligence (AI) in Construction Market is expected to witness sustained growth over the forecast period . The growth of the Artificial Intelligence (AI) in Construction market is driven as there is favourable growth in the industry is a major factor which will boost the global Artificial Intelligence (AI) in Construction market.

With the slowdown in world economic growth, the Artificial Intelligence (AI) in Construction industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Artificial Intelligence (AI) in Construction Market size to maintain the average annual growth rate of 32.15% from 130 Million $ in 2014 to 332.15 Million $ in 2018, Market analysts believe that in the next few years, Artificial Intelligence (AI) in Construction Market size will be further expanded, we expect that by 2023, The market size of the Artificial Intelligence (AI) in Construction will reach 1355 Million $.

The research report provides analysis and information according to market segments such as Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Artificial Intelligence (AI) in Construction Market is sub segmented into Pre-Construction, Construction Stage, Post-Construction. Based on End Use Industry segment, the Artificial Intelligence (AI) in Construction Market is sub segmented into Residential, Institutional Commercials, Heavy Construction. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2023. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global Artificial Intelligence (AI) in Construction Market.

The regional analysis of Global Artificial Intelligence (AI) in Construction Market is considered for the key regions such as, North America Country (United States, Canada), South America, Asia Country (China, Japan, India, Korea), Europe Country (Germany, UK, France, Italy), Other Country (Middle East, Africa, GCC) region is the leading region across the world in terms of market share. the Asia Pacific region is expected to exhibit higher growth rate / CAGR over the forecast period 2019-2023.

Some of the Artificial Intelligence (AI) in Construction manufacturers involved in the market Ibm, Microsoft, Oracle, Sap, Alice Technologies, Esub, Smartvid.Io, Darktrace, Aurora Computer Services, Autodesk, Jaroop, Lili.Ai, Predii, Assignar, Deepomatic, Coins Global, Beyond Limits, Doxel, Askporter, Plangrid, Renoworks Software, Building System Planning, Bentley Systems, Acquisitions and effective mergers are some of the strategies adopted by the Artificial Intelligence (AI) in Construction manufacturers. New product launches and continuous technological innovations are the Artificial Intelligence (AI) in Construction strategies adopted by the major players.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global Artificial Intelligence (AI) in Construction Market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

Artificial Intelligence (AI) in Construction Questions Answered in this Report:

What will the market size be in 2023 and what will the growth rate be?
What are the Artificial Intelligence (AI) in Construction Market trends?
What is driving this market?
What are the challenges to Artificial Intelligence (AI) in Construction Market growth?
Who are the key vendors in this market space?
What are the Artificial Intelligence (AI) in Construction Market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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 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. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.

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Latest Industry Updates:

Microsoft:- Already, AI is beginning to transform agriculture in important ways. Many farmers who manage large-scale operations are taking advantage of innovative technologies like self-driving tractors that use GPS, satellite imagery, and AI to plant more efficiently; and sensors and machine learning to make smarter decisions about when to irrigate and how much fertilizer to apply.

But what about the majority of farmers who have less than one hectare of arable land (or a little less than 2.5 acres), and who produce 70 percent of the world's food supply? Many of them live in low-resource communities with limited access to even basic digital technology. Can AI improve their ability to grow food to feed a hungry world? Yes, it can. A pilot project in Andhra Pradesh on the southeast coast of India offers a hint of what is becoming possible. In an area of small, subsistence farms where growers have always relied on a combination of ancient traditions and guesswork to decide when to plant, Microsoft is working with the nonprofit International Crop Research Institute for Semi-Arid Tropics (ICRISAT) to enable farmers to take advantage of the power of AI to increase yields. Last year, ICRISAT received a Microsoft AI for Earth grant to support continued development of AI solutions that focus on sustainable agriculture in developing parts of the world.

Table of Contents:

Global Artificial Intelligence (AI) in Construction Market Report 2019

1 Artificial Intelligence (AI) in Construction Definition,

2 Global Artificial Intelligence (AI) in Construction Market Major Player Share and Market Overview,

3 Major Player Artificial Intelligence (AI) in Construction Business Introduction,

4 Global Artificial Intelligence (AI) in Construction Market Segmentation (Region Level),

5 Global Artificial Intelligence (AI) in Construction Market Segmentation (Product Type Level),

6 Global Artificial Intelligence (AI) in Construction Market Segmentation (Industry Level),

7 Global Artificial Intelligence (AI) in Construction Market Segmentation (Channel Level),

8 Artificial Intelligence (AI) in Construction Market Forecast 2019-2023,

9 Artificial Intelligence (AI) in Construction Segmentation Type,

10 Artificial Intelligence (AI) in Construction Segmentation Industry,

11 Artificial Intelligence (AI) in Construction Cost Analysis,

12 Conclusion .

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