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Artificial Intelligence (AI) in Construction Market by Technology, Stage, Component, Application, Deployment Type, Organization Size, Industry Type and Region - Global Forecast to 2023 - ResearchAndMarkets.comThe "Artificial Intelligence (AI) in Construction Market by Technology, Stage, Component, Application, Deployment Type, Organization Size, Industry Type (Residential, Institutional Commercial, and Heavy Construction), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering. The reports expects the global Artificial Intelligence (AI) in construction market to grow from USD 407.2 million in 2018 to USD 1,831.0 million by 2023, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period. The rising demand for AI-based solutions and platforms, the need for more safety measures at construction sites, and the capability of AI in construction solutions and services for reducing the production costs are expected to drive the growth of the AI in construction market. Few investments made in technological Research and Development (R&D) is expected to act as the major restraint for the market growth. In the AI in construction market, the cloud deployment type offers multiple benefits, such as reduced operatonal and maintenance costs, fewer complexities, and more scalability. AI in construction solution providers are focusing on deploying robust cloud-based solutions for their clients, as many organizations have started adopting the cloud-based deployment type. Additionally, the cloud deployment type is user-friendly, cost-effective, and easy to access. However, at present, many construction companies are still opting for on-premises-based AI in construction solutions. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 AI in Construction Market, By Technology 7 Market By Stage 8 AI in Construction Market, By Component 9 AI in Construction Market, By Application 10 AI in Construction Market, By Deployment Type 11 Market By Organization Size 12 AI in Construction Market, By Industry Type 13 AI in Construction Market, By Region 14 Competitive Landscape 15 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/q4z4c3/artificial?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180523006246/en/ |
