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Artificial Intelligence AIConstruction Market Size, Share 2023
| Market size in 2022 |
US$ 1049.4 million
|
Forecast Market size by 2029 |
US$ 6501.3 million
|
| Growth Rate |
CAGR of 29.8% |
Number of Pages |
63 Pages |
The global Artificial Intelligence (AI) in Construction market was valued at US$ 1049.4 million in 2022 and is projected to reach US$ 6501.3 million by 2029, at a CAGR of 29.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Artificial Intelligence (AI) in Construction, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Artificial Intelligence (AI) in Construction. This report contains market size and forecasts of Artificial Intelligence (AI) in Construction in global, including the following market information:
- Global Artificial Intelligence (AI) in Construction Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global top five companies in 2022 (%)
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.
We surveyed the Artificial Intelligence (AI) in Construction companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Artificial Intelligence (AI) in Construction Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Artificial Intelligence (AI) in Construction Market Segment Percentages, by Type, 2022 (%)
Global Artificial Intelligence (AI) in Construction Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Artificial Intelligence (AI) in Construction Market Segment Percentages, by Application, 2022 (%)
- Project Management
- Field Management
- Risk Management
- Schedule Management
- Other
Global Artificial Intelligence (AI) in Construction Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Artificial Intelligence (AI) in Construction Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Artificial Intelligence (AI) in Construction revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Artificial Intelligence (AI) in Construction revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Autodesk
- IBM
- Microsoft
- Oracle
- SAP
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Artificial Intelligence (AI) in Construction, market overview.
- Chapter 2: Global Artificial Intelligence (AI) in Construction market size in revenue.
- Chapter 3: Detailed analysis of Artificial Intelligence (AI) in Construction company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: 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 5: 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 6: Sales of Artificial Intelligence (AI) in Construction in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
| Report Attributes |
Report Details |
| Report Title |
Artificial Intelligence (AI) in Construction Market, Global Outlook and Forecast 2023-2029 |
| Market size in 2022 |
US$ 1049.4 million
|
| Forecast Market size by 2029 |
US$ 6501.3 million
|
| Growth Rate |
CAGR of 29.8% |
| Historical Year |
2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year |
2022 |
| Forecast Year |
2030 |
| Number of Pages |
63 Pages |
| Customization Available |
Yes, the report can be customized as per your need. |
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Artificial Intelligence (AI) in Construction Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Artificial Intelligence (AI) in Construction Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Artificial Intelligence (AI) in Construction Overall Market Size
2.1 Global Artificial Intelligence (AI) in Construction Market Size: 2022 VS 2029
2.2 Global Artificial Intelligence (AI) in Construction Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Artificial Intelligence (AI) in Construction Players in Global Market
3.2 Top Global Artificial Intelligence (AI) in Construction Companies Ranked by Revenue
3.3 Global Artificial Intelligence (AI) in Construction Revenue by Companies
3.4 Top 3 and Top 5 Artificial Intelligence (AI) in Construction Companies in Global Market, by Revenue in 2022
3.5 Global Companies Artificial Intelligence (AI) in Construction Product Type
3.6 Tier 1, Tier 2 and Tier 3 Artificial Intelligence (AI) in Construction Players in Global Market
3.6.1 List of Global Tier 1 Artificial Intelligence (AI) in Construction Companies
3.6.2 List of Global Tier 2 and Tier 3 Artificial Intelligence (AI) in Construction Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Artificial Intelligence (AI) in Construction Market Size Markets, 2022 & 2029
4.1.2 Solution
4.1.3 Service
4.2 By Type - Global Artificial Intelligence (AI) in Construction Revenue & Forecasts
4.2.1 By Type - Global Artificial Intelligence (AI) in Construction Revenue, 2018-2023
4.2.2 By Type - Global Artificial Intelligence (AI) in Construction Revenue, 2024-2029
4.2.3 By Type - Global Artificial Intelligence (AI) in Construction Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Artificial Intelligence (AI) in Construction Market Size, 2022 & 2029
5.1.2 Project Management
5.1.3 Field Management
5.1.4 Risk Management
5.1.5 Schedule Management
5.1.6 Other
5.2 By Application - Global Artificial Intelligence (AI) in Construction Revenue & Forecasts
5.2.1 By Application - Global Artificial Intelligence (AI) in Construction Revenue, 2018-2023
5.2.2 By Application - Global Artificial Intelligence (AI) in Construction Revenue, 2024-2029
5.2.3 By Application - Global Artificial Intelligence (AI) in Construction Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Artificial Intelligence (AI) in Construction Market Size, 2022 & 2029
6.2 By Region - Global Artificial Intelligence (AI) in Construction Revenue & Forecasts
6.2.1 By Region - Global Artificial Intelligence (AI) in Construction Revenue, 2018-2023
6.2.2 By Region - Global Artificial Intelligence (AI) in Construction Revenue, 2024-2029
6.2.3 By Region - Global Artificial Intelligence (AI) in Construction Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Artificial Intelligence (AI) in Construction Revenue, 2018-2029
6.3.2 US Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.3.3 Canada Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.3.4 Mexico Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Artificial Intelligence (AI) in Construction Revenue, 2018-2029
6.4.2 Germany Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.4.3 France Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.4.4 U.K. Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.4.5 Italy Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.4.6 Russia Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.4.7 Nordic Countries Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.4.8 Benelux Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Artificial Intelligence (AI) in Construction Revenue, 2018-2029
6.5.2 China Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.5.3 Japan Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.5.4 South Korea Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.5.5 Southeast Asia Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.5.6 India Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Artificial Intelligence (AI) in Construction Revenue, 2018-2029
6.6.2 Brazil Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.6.3 Argentina Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Artificial Intelligence (AI) in Construction Revenue, 2018-2029
6.7.2 Turkey Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.7.3 Israel Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.7.4 Saudi Arabia Artificial Intelligence (AI) in Construction Market Size, 2018-2029
6.7.5 UAE Artificial Intelligence (AI) in Construction Market Size, 2018-2029
7 Artificial Intelligence (AI) in Construction Companies Profiles
7.1 Autodesk
7.1.1 Autodesk Company Summary
7.1.2 Autodesk Business Overview
7.1.3 Autodesk Artificial Intelligence (AI) in Construction Major Product Offerings
7.1.4 Autodesk Artificial Intelligence (AI) in Construction Revenue in Global Market (2018-2023)
7.1.5 Autodesk Key News & Latest Developments
7.2 IBM
7.2.1 IBM Company Summary
7.2.2 IBM Business Overview
7.2.3 IBM Artificial Intelligence (AI) in Construction Major Product Offerings
7.2.4 IBM Artificial Intelligence (AI) in Construction Revenue in Global Market (2018-2023)
7.2.5 IBM Key News & Latest Developments
7.3 Microsoft
7.3.1 Microsoft Company Summary
7.3.2 Microsoft Business Overview
7.3.3 Microsoft Artificial Intelligence (AI) in Construction Major Product Offerings
7.3.4 Microsoft Artificial Intelligence (AI) in Construction Revenue in Global Market (2018-2023)
7.3.5 Microsoft Key News & Latest Developments
7.4 Oracle
7.4.1 Oracle Company Summary
7.4.2 Oracle Business Overview
7.4.3 Oracle Artificial Intelligence (AI) in Construction Major Product Offerings
7.4.4 Oracle Artificial Intelligence (AI) in Construction Revenue in Global Market (2018-2023)
7.4.5 Oracle Key News & Latest Developments
7.5 SAP
7.5.1 SAP Company Summary
7.5.2 SAP Business Overview
7.5.3 SAP Artificial Intelligence (AI) in Construction Major Product Offerings
7.5.4 SAP Artificial Intelligence (AI) in Construction Revenue in Global Market (2018-2023)
7.5.5 SAP Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Artificial Intelligence (AI) in Construction Market Opportunities & Trends in Global Market
Table 2. Artificial Intelligence (AI) in Construction Market Drivers in Global Market
Table 3. Artificial Intelligence (AI) in Construction Market Restraints in Global Market
Table 4. Key Players of Artificial Intelligence (AI) in Construction in Global Market
Table 5. Top Artificial Intelligence (AI) in Construction Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Artificial Intelligence (AI) in Construction Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Artificial Intelligence (AI) in Construction Revenue Share by Companies, 2018-2023
Table 8. Global Companies Artificial Intelligence (AI) in Construction Product Type
Table 9. List of Global Tier 1 Artificial Intelligence (AI) in Construction Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Artificial Intelligence (AI) in Construction Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Artificial Intelligence (AI) in Construction Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Artificial Intelligence (AI) in Construction Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Artificial Intelligence (AI) in Construction Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Artificial Intelligence (AI) in Construction Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Artificial Intelligence (AI) in Construction Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Artificial Intelligence (AI) in Construction Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2024-2029
Table 30. Autodesk Company Summary
Table 31. Autodesk Artificial Intelligence (AI) in Construction Product Offerings
Table 32. Autodesk Artificial Intelligence (AI) in Construction Revenue (US$, Mn) & (2018-2023)
Table 33. Autodesk Key News & Latest Developments
Table 34. IBM Company Summary
Table 35. IBM Artificial Intelligence (AI) in Construction Product Offerings
Table 36. IBM Artificial Intelligence (AI) in Construction Revenue (US$, Mn) & (2018-2023)
Table 37. IBM Key News & Latest Developments
Table 38. Microsoft Company Summary
Table 39. Microsoft Artificial Intelligence (AI) in Construction Product Offerings
Table 40. Microsoft Artificial Intelligence (AI) in Construction Revenue (US$, Mn) & (2018-2023)
Table 41. Microsoft Key News & Latest Developments
Table 42. Oracle Company Summary
Table 43. Oracle Artificial Intelligence (AI) in Construction Product Offerings
Table 44. Oracle Artificial Intelligence (AI) in Construction Revenue (US$, Mn) & (2018-2023)
Table 45. Oracle Key News & Latest Developments
Table 46. SAP Company Summary
Table 47. SAP Artificial Intelligence (AI) in Construction Product Offerings
Table 48. SAP Artificial Intelligence (AI) in Construction Revenue (US$, Mn) & (2018-2023)
Table 49. SAP Key News & Latest Developments
List of Figures
Figure 1. Artificial Intelligence (AI) in Construction Segment by Type in 2022
Figure 2. Artificial Intelligence (AI) in Construction Segment by Application in 2022
Figure 3. Global Artificial Intelligence (AI) in Construction Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Artificial Intelligence (AI) in Construction Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Artificial Intelligence (AI) in Construction Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Artificial Intelligence (AI) in Construction Revenue in 2022
Figure 8. By Type - Global Artificial Intelligence (AI) in Construction Revenue Market Share, 2018-2029
Figure 9. By Application - Global Artificial Intelligence (AI) in Construction Revenue Market Share, 2018-2029
Figure 10. By Type - Global Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Artificial Intelligence (AI) in Construction Revenue Market Share, 2018-2029
Figure 12. By Application - Global Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Artificial Intelligence (AI) in Construction Revenue Market Share, 2018-2029
Figure 14. By Region - Global Artificial Intelligence (AI) in Construction Revenue Market Share, 2018-2029
Figure 15. By Country - North America Artificial Intelligence (AI) in Construction Revenue Market Share, 2018-2029
Figure 16. US Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Artificial Intelligence (AI) in Construction Revenue Market Share, 2018-2029
Figure 20. Germany Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 21. France Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Artificial Intelligence (AI) in Construction Revenue Market Share, 2018-2029
Figure 28. China Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 32. India Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Artificial Intelligence (AI) in Construction Revenue Market Share, 2018-2029
Figure 34. Brazil Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Artificial Intelligence (AI) in Construction Revenue Market Share, 2018-2029
Figure 37. Turkey Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Artificial Intelligence (AI) in Construction Revenue, (US$, Mn), 2018-2029
Figure 41. Autodesk Artificial Intelligence (AI) in Construction Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. IBM Artificial Intelligence (AI) in Construction Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Microsoft Artificial Intelligence (AI) in Construction Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Oracle Artificial Intelligence (AI) in Construction Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. SAP Artificial Intelligence (AI) in Construction Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
