The market report is a good combination of qualitative and quantitative data that highlights significant market changes, obstacles that business and the competition must overcome, as well as new possibilities and trends in the global Artificial Intelligence (AI) In Construction Market.
Jersey City, New Jersey, Dec. 07, 2022 (GLOBE NEWSWIRE) — Verified Market Research® recently published a report, “Artificial Intelligence (AI) In Construction Market” By Application (Field Management, Project Management), By Industry Type (Heavy Construction, Institutional commercial), and By Geography.
As per the deep research carried out by Verified Market Research®, the global Artificial Intelligence (AI) In Construction Market size was valued at USD 610.64 Million in 2021 and is projected to reach USD 5045.68 Million by 2030, growing at a CAGR of 35.70% from 2022 to 2030.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=28624
Browse in-depth TOC on “Artificial Intelligence (AI) In Construction Market”
202 – Pages
126 – Tables
37 – Figures
Global Artificial Intelligence (AI) In Construction Market Overview
AI has many applications in several fields due to its vast valuable characteristics. Machine learning is a subtype of AI which allows computers and software to learn and evolve based on available data. This eliminates the need and hassle to manually develop a program or train the computers to perform any function. AI in construction assists in creating unique designs using computers. Many architects use 3D modeling for applications such as designing, developing, and constructing. AI in construction greatly minimizes the risk associated with construction and improves the quality and safety of construction while assisting in time management. Through AI, many construction functions can be automated to a greater degree. AI brings several beneficial areas such as machine learning, natural language processing, robotics, computer vision, optimization, and automated planning, to the construction industry.
The demand for AI in various industries is increasing rapidly. Similarly, in the construction industry, various factors such as large-scale project management, cost-efficient production, time management, and resource management are expected to increase the application of AI. Through AI, construction errors and construction-related injuries can be minimized significantly. AI can also greatly assist in budget management during the development of the product. It also enables the workers and employees to gather needed information and training to improve their skills. Growing concerns from governments regarding work safety have also contributed to the adoption of AI in construction. Because of all these factors, AI in the construction market is estimated to grow during the forecast period.
Verified Market Research® narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interest the client. The “Global Artificial Intelligence (AI) In Construction Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
The “Global Artificial Intelligence (AI) In Construction Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Building System Planning, Microsoft, IBM Corporation, Oracle, SAP, Alice Technologies, eSUB, Smartvid.io, Aurora Computer Services, Bentley Systems Inc., and Autodesk.
Based on the research, Verified Market Research® has segmented the global Artificial Intelligence (AI) In Construction Market into Industry Type, Application, and Geography.
Artificial Intelligence (AI) In Construction Market, by Application
Artificial Intelligence (AI) In Construction Market, by Industry Type
Artificial Intelligence (AI) In Construction Market, by Geography
Rest of Europe
Rest of Asia Pacific
Middle East & Africa
Browse Related Reports:
Artificial Intelligence (AI) In Fintech Market By Offering (Services, Solutions), By Application (Credit Scoring, Fraud Detection), By Deployment (Cloud, On-Premise), By Geography, And Forecast
Artificial Intelligence In Manufacturing Market By Component (Hardware, Software), By Technology (Deep Learning, Machine Learning), By End-User Industry (Healthcare, Manufacturing), By Geography, And Forecast
Construction Equipment Market By Type (Loader, Crane), By Application (Earthmoving, Lifting & Material Handling, Excavation), By Geography, And Forecast
Artificial Intelligence Solutions Market By Product (Cloud-based, On-premises), By Application (Voice Processing, Text Processing, Image Processing), By Geography, And Forecast
Top Construction Equipment Brands constructing sustainable megacities across all mainland
Visualize Artificial Intelligence (AI) In Construction Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance and use industrial techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.
TPC Scottsdale will soon be home to a 12,000 square foot in-person sportsbook.
Wake up and smell the diesel.
After falling for much of the week, the major stock market indexes were gaining ground early Thursday as investors digested the latest unemployment numbers. Last week's initial jobless claims suggest the Federal Reserve's campaign to combat inflation may finally be bearing fruit. Investors used that positive development as an excuse to buy up their favorite beaten-down tech stocks.
At age 51, Anne Schieber was broke and disillusioned. She had worked for the IRS for 23 years and was regarded as one of the agency’s top auditors. But she never got promoted and never earned more than $3,150 in a year. With half her life already behind her, her retirement prospects looked bleak. But Schieber had learned a powerful secret from years of studying the tax returns of America’s richest residents. Over the next 50 years, it earned her a 449,000% return — making Schieber one of the mos
In this article, we will discuss the 14 Best Marijuana Stocks To Buy Now. You can skip our detailed industry analysis and go directly to the 5 Best Marijuana Stocks To Buy Now. The cannabis industry is expected to undergo rapid changes in the coming years. One reason is the increasing awareness of the health benefits […]
Sam Bankman-Fried's ambition for celebrity endorsements might have snared the "Anti-Hero" singer, but she proved to be smarter than a lot of other famous people.
In this article, we will discuss the 15 best electric car stocks to buy now. If you want to explore similar stocks, you can also take a look at 5 Best Electric Car Stocks To Buy Now. The Electric Car Industry: An Analysis Electric car stocks are increasingly becoming a popular investment option as the […]
Buy and hold forever? Not always.
Recently, Zacks.com users have been paying close attention to Enterprise Products (EPD). This makes it worthwhile to examine what the stock has in store.
Shares of Summit Therapeutics (NASDAQ: SMMT) were skyrocketing 371.8% higher this week as of the market close on Thursday, according to data provided by S&P Global Market Intelligence. This huge gain came after the company announced on Tuesday that it's licensing bispecific antibody ivonescimab from Chinese drugmaker Akeso. Akeso will retain the rights to market the therapy throughout the rest of the world, including China.
(Bloomberg) — While Elon Musk is busy overhauling newly acquired Twitter Inc., Tesla Inc. is facing increasingly urgent issues and testing the faith of some of its chief executive’s biggest fans.Most Read from BloombergPutin Calls Russian Nukes Deterrent Factor, Says War Risk RisingWNBA Star Griner Freed in One-for-One Swap for Arms DealerPeru’s President Accused of Coup After Move to Dissolve CongressElon Musk’s Bankers Consider Tesla Margin Loans to Cut Risky Twitter DebtThe Federal Reserve I
Whilst it may not be a huge deal, we thought it was good to see that the New York Community Bancorp, Inc. ( NYSE:NYCB…
Yahoo Finance's Jared Blikre highlights which stocks are making moves at the end of the trading session on Thursday.
In the latest trading session, Bank of America (BAC) closed at $32.44, marking a -0.92% move from the previous day.
Meridian Funds, managed by ArrowMark Partners, released its “Meridian Growth Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund returned -4.92% net compared to -0.12% return for the Russell 2500 Growth Index. In the quarter, market dynamics worked against the fund’s investment strategy. In […]
Oil will trade a lot higher next year, and energy stocks are still cheap. It will trade up 16% on average next year and spike up over 25%, says Francisco Blanch, the Bank of America head of global commodities and derivatives research. In a press briefing last week, he predicted Brent crude oil (BRN00) will average $100 per barrel next year, and trade as high as $110.
Media reports suggest that Hong Kong could relax certain restrictions aimed at preventing the spread of COVID-19.
L1 Capital International, an investment management company, released its “L1 Capital International Fund” third-quarter 2022 investor letter. A copy of the same can be downloaded here. The fund returned -0.4% net of fees in the third quarter compared to a 0.3% return for the MSCI World Net Total Return Index in AUD. The depreciation of Australian […]
REITs with strong fundamentals are likely to highly reward their unitholders when inflation moderates.
The rollercoaster ride continues in the stock market, and equities have been falling across the board this week. The S&P 500 is down 3.5%, and the Dow has lost some 870 points. The market drop was fueled by uncertainty; recent economic data has been unexpectedly positive, and it’s clouded the forecast for the Fed’s interest rate decision next week. The central bank’s twin mandates, to rein in inflation and to moderate unemployment, frequently run counter to each other, and with inflation running
Leave a Reply
You must be logged in to post a comment.