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Artificial Intelligence (AI) in Construction Market Growth, Analysis and Industry Forecast (2019-2026)

The global Artificial Intelligence (AI) in the Construction market is forecast to reach USD 4.51 Billion by 2026, according to a new report by Reports and Data. The easy risk mitigation of quality, and safety, coupled with the time and cost consumption requirements of the construction industry, will drive the growth of the market.

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Artificial Intelligence (AI) in Construction Market Growth, Analysis and Industry Forecast (2019-2026)

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  1. Artificial Intelligence (AI) in Construction Market to Reach USD 4.51 Billion By 2026 www.reportsanddata.com

  2. Market Summary Market Size – USD 429.2 Million in 2018, Market Growth - CAGR of 34.0%, Market Trends – Easy risk mitigation. The global Artificial Intelligence (AI) in the Construction market is forecast to reach USD 4.51 Billion by 2026, according to a new report by Reports and Data. The easy risk mitigation of quality, and safety, coupled with the time and cost consumption requirements of the construction industry, will drive the growth of the market. Artificial intelligence can help reduce construction costs in many ways. For example, the use of virtual reality goggles and mini-robots into buildings under construction to track the work as it progresses. AI is also being used today to design the routing of electrical and plumbing systems in modern buildings. Further key findings from the report suggest • The online assessments services held a larger market share of USD 4.21 Billion in 2018 and are forecasted to have a CAGR of 7.7% in the forecast period owing to a growing emphasis to source and promote the candidates with aptitude and attitude, which are essential for achieving the objectives of an organization. • The Asia Pacific region is forecasted to have the highest CAGR of 8.8% during the forecast period due to a surging number of competitive examinations and certifications, and an increasing requirement for skill assessment for increasing employability in the region. www.reportsanddata.com

  3. Market Summary Key Players: Key participants include IBM, Renoworks Software, Microsoft, Autodesk, SAP, Oracle, Alice Technologies, Building System Planning, eSUB, Askporter, Darktrace, SmarTVid.Io, Jaroop, Aurora Computer Services, Predii, Lili.Ai, Deepomatic, Assignar, Beyond Limits, Coins Global. Segmentation: Technology Outlook (Revenue, USD Million; 2016-2026) • Machine Learning and Deep Learning • Natural Language Processing Component Outlook (Revenue, USD Million; 2016-2026) • Solutions • Services Organization Size Outlook (Revenue, USD Million; 2016-2026) • Small and Medium-Sized Enterprises • Large Enterprises To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/1572 www.reportsanddata.com

  4. Market Summary Regional Outlook for Assessment Services Market analyses the following geographies:  North America (United States, Canada, and Mexico)  Europe (Germany, France, UK, Russia, and Italy)  Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)  South America (Brazil, Argentina, Colombia, etc.)  Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Grab Your Report at an Impressive Discount! Please Click Here @ https://www.reportsanddata.com/discount-enquiry-form/1572 www.reportsanddata.com

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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