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Global Artificial Intelligence in the Construction Market By Technology (Machine Learning and Deep Learning , Natural Language Processing), By Components ((Solution - Design and Planning, Revenue Estimation), (Services - Integration and Deployment, Training and Consulting) - Global Size Analysis and Industry Forecast, 2018-2023.

 Technology

Report Overview

Global Artificial Intelligence in the Construction Market was valued at USD 386 Million in the year 2017. Global Artificial Intelligence in the Construction market is further estimated to grow at a CAGR of 33.2% from 2018 to reach USD 2155 Million by the year 2023. North America region holds the highest market share and Asia Pacific is considered as the fastest growing market in the forecasted period.Construction companies in the North American region have made huge investments in the market, and several vendors have evolved to cater to the rapidly growing market.

IBM (US), Microsoft (US), Oracle (US), SAP (Germany), Alice Technologies (US), eSUB (US), Smartvid.io (US), Aurora Computer Services (England), and Autodesk (US) are some of the key players in the Global Artificial Intelligence in the Construction market.

Drivers:

Need for More Safety Measures at Construction Sites

Construction Labor Shortage

Restraints:

Limitations of AI decision-making

Low Levels of Penetration

Opportunities:

Increasing Construction Activity Due to Smart City Initiatives

Challenges:

Monitoring the Highly Unstructured Jobsite Environments

Concerns Regarding Data Privacy

The Global Artificial Intelligence in the Construction Market is segmented on the basis of by Technology, By Components, By Application, by type and region. Among technologies, the machine learning and deep learning segment is expected to have the larger market size. Due to the growing need to analyze dark data and automate business functions. The component segment has been further segmented into solutions and services. The solutions segment is expected to have the larger market size.

The AI in construction market has also been segmented on the basis of applications. The project management segment is expected to have the largest market size. This application is the first most important phase of planning a construction project. On the basis of deployment types, the cloud deployment type is expected to grow at a higher CAGR during the forecast period. This deployment type is simple and cost-effective for use in applications.

Key Benefits for Stakeholders

AI in construction solution and service vendors

Application developers and System integrators

Information Technology (IT) developers

Third-party vendors and Infrastructure providers

Government & Regulatory agencies and organizations

By Technology

Machine Learning and Deep Learning

Natural Language Processing

By Components

   Solution

            Design and Planning

            Revenue Estimation

            Virtual Assistant

            Demand Forecasting

            Predictive Maintenance

            Others

     Services

            Integration and Deployment

            Training and Consulting

            Support and Maintenance

By Application

Project Management

Field Management

Risk Management

Schedule Management

Supply Chain Management

Others

By Type

Residential

Institutional Commercials

Heavy Construction

Others

By Region

North America

Europe

Asia-Pacific

RoW

Key Market Players

IBM

Microsoft

Oracle

SAP

Alice Technologies

eSUB  

SmarTVid.Io

DarkTrace

Aurora Computer Services

Autodesk

(A brief overview of 10 companies is also provided in the report.)

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

             2.1.1.1. Key Data from Secondary Research

       2.1.2. Primary Research

             2.1.2.1. Key Data from Primary Research

             2.1.2.2. Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottom-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Artificial Intelligence in the Construction Market, By Technology

6.1 Machine Learning and Deep Learning

6.2 Natural Language Processing

7. Artificial Intelligence in the Construction Market, By Components

7.1 Solution

            7.1.1 Design and Planning

            7.1.2 Revenue Estimation

            7.1.3 Virtual Assistant

            7.1.4 Demand Forecasting

            7.1.5 Predictive Maintenance

            7.1.6 Others

7.2 Services

            7.2.1 Integration and Deployment

            7.2.2 Training and Consulting

            7.2.3 Support and Maintenance

8. Artificial Intelligence in the Construction Market, By Application

8.1 Project Management

8.2 Field Management

8.3 Risk Management

8.4 Schedule Management

8.5 Supply Chain Management

8.6 Others

9. Artificial Intelligence in the Construction Market, By Type

9.1 Residential

9.2 Institutional Commercials

9.3 Heavy Construction

9.4 Others

10. Geographical Analysis

10.1. Introduction

10.2. North America

       10.2.1. U.S.

       10.2.2. Canada

       10.2.3. Mexico

10.3. Europe

       10.3.1. U.K.

       10.3.2. Germany

       10.3.3. France

       10.3.4. RoE

10.4. Asia Pacific

       10.4.1. South Korea

       10.4.2. China

       10.4.3. Japan

       10.4.4. RoAPAC

10.5. RoW

       10.5.1. Latin America

       10.5.2. Middle East and Africa

11. Company Profiles

(Business Overview, Financial Overview, Product write up, Recent Developments)

11.1 IBM

11.2 Microsoft

11.3 Oracle

11.4 SAP

11.5 Alice Technologies

11.6 eSUB

11.7 SmarTVid.Io

11.8 DarKTrace

11.9 Aurora Computer Services

11.10 Autodesk  

(A brief overview of 10 companies is also provided in the report.)

12. Competitive Analysis

12.1. Introduction

12.2. Market Positioning of Key Players

12.3 Competitive Strategies Adopted by Leading Players

        12.3.1. Investments & Expansions

        12.3.2. New Product Launches

        12.3.3. Mergers & Acquisitions

        12.3.4. Agreements, Joint Ventures, and Partnerships

13. Appendix

13.1. Questionnaire

13.2. Available Customizations 

13.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)

 

List of Tables (78 Tables)

Table 1 AI in Construction Market Size, By Technology, 2018-2023(USD Million)
Table 2 Machine Learning and Deep Learning: Market Size By Region, 2018-2023(USD Million)
Table 3 Natural Language Processing: Market Size By Region, 2018-2023(USD Million)
Table 4 Market Size By Stage, 2018-2023(USD Million)
Table 5 Pre-Construction: Market Size By Region, 2018-2023(USD Million)
Table 6 Construction Stage: Market Size By Region, 2018-2023(USD Million)
Table 7 Post-Construction: Market Size By Region, 2018-2023(USD Million)
Table 8 AI in Construction Market Size, By Component, 2018–2023 (USD Million)
Table 9 Solutions: Market Size By Region, 2018–2023 (USD Million)
Table 10 Solutions: Market Size By Type, 2018–2023 (USD Million)
Table 11 Design and Planning Market Size, By Region, 2018–2023 (USD Million)
Table 12 Revenue Estimation Market Size, By Region, 2018-2023 (USD Million)
Table 13 Virtual Assistant Market Size, By Region, 2018-2023 (USD Million)
Table 14 Demand Forecasting Market Size, By Region, 2018-2023 (USD Million)
Table 15 Predictive Maintenance Market Size, By Region, 2018-2023 (USD Million)
Table 16 Others Market Size, By Region, 2018-2023 (USD Million)
Table 17 Services: AI in Construction Market Size, By Type, 2018-2023 (USD Million)
Table 18 Integration and Deployment Market Size, By Region, 2018-2023 (USD Million)
Table 19 Training and Consulting Market Size, By Region, 2018-2023 (USD Million)
Table 20 Support and Maintenance Market Size, By Region, 2018-2023 (USD Million)
Table 21 Market Size By Application, 2018-2023(USD Million)
Table 22 Project Management: Market Size By Region, 2018-2023(USD Million)
Table 23 Field Management: Market Size By Region, 2018-2023(USD Million)
Table 24 Risk Management: Market Size By Region, 2018-2023(USD Million)
Table 25 Schedule Management: Market Size By Region, 2018-2023(USD Million)
Table 26 Supply Chain Management: Market Size By Region, 2018-2023(USD Million)
Table 27 Others: Market Size By Region, 2018-2023(USD Million)
Table 28 AI in Construction Market Size, By Deployment Type, 2018-2023(USD Million)
Table 29 Cloud: Market Size By Region, 2018-2023(USD Million)
Table 30 On-Premises: Market Size By Region, 2018-2023(USD Million)
Table 31 Market Size By Organization Size, 2018-2023(USD Million)
Table 32 Small and Medium-Sized Enterprises: Market Size By Region, 2018-2023(USD Million)
Table 33 Large Enterprises: Market Size By Region, 2018-2023(USD Million)
Table 34 Market Size By Industry Type, 2018-2023(USD Million)
Table 35 Residential: Market Size By Region, 2018-2023(USD Million)
Table 36 Institutional Commercials: Market Size By Region, 2018-2023(USD Million)
Table 37 Heavy Construction: Market Size By Region, 2018–2023 (USD Million)
Table 38 Others: Market Size By Region, 2018-2023(USD Million)
Table 39 AI in Construction Market Size, By Region, 2018-2023(USD Million)
Table 40 North America: Market Size By Technology, 2018-2023(USD Million)
Table 41 North America: Market Size By Stage, 2018-2023(USD Million)
Table 42 North America: Market Size By Component, 2018-2023(USD Million)
Table 43 North America: Market Size By Solution, 2018-2023(USD Million)
Table 44 North America: Market Size  By Service, 2018-2023(USD Million)
Table 45 North America: Market Size By Application, 2018-2023(USD Million)
Table 46 North America: Market Size By Deployment Type, 2018-2023(USD Million)
Table 47 North America: Market Size By Organization Size, 2018-2023(USD Million)
Table 48 North America: Market Size By Industry Type, 2018-2023(USD Million)
Table 49 Europe: AI in Construction Market Size, By Technology, 2018-2023(USD Million)
Table 50 Europe: Market Size By Stage, 2018-2023(USD Million)
Table 51 Europe: Market Size By Component, 2018-2023(USD Million)
Table 52 Europe: Market Size By Solution, 2018-2023(USD Million)
Table 53 Europe: Market Size By Service, 2018-2023(USD Million)
Table 54 Europe: Market Size By Application, 2018-2023(USD Million)
Table 55 Europe: Market Size By Deployment Type, 2018-2023(USD Million)
Table 56 Europe: Market Size By Organization Size, 2018-2023(USD Million)
Table 57 Europe: Market Size By Industry Type, 2018-2023(USD Million)
Table 58 Asia Pacific: Market Size By Technology, 2018-2023(USD Million)
Table 59 Asia Pacific: Market Size By Stage, 2018-2023(USD Million)
Table 60 Asia Pacific: Market Size By Component, 2018-2023(USD Million)
Table 61 Asia Pacific: Market Size By Solution, 2018-2023(USD Million)
Table 62 Asia Pacific: Market Size By Service, 2018-2023(USD Million)
Table 63 Asia Pacific: Market Size By Application, 2018-2023(USD Million)
Table 64 Asia Pacific: Market Size  By Deployment Type, 2018-2023(USD Million)
Table 65 Asia Pacific: Market Size By Organization Size, 2018-2023(USD Million)
Table 66 Asia Pacific: Market Size By Industry Type, 2018-2023(USD Million)
Table 67 Middle East and Africa: AI in Construction Market Size, By Technology, 2018-2023(USD Million)
Table 68 Middle East and Africa: Market Size By Stage, 2018-2023(USD Million)
Table 69 Middle East and Africa: Market Size By Component, 2018-2023(USD Million)
Table 70 Middle East and Africa: Market Size By Solution, 2018-2023(USD Million)
Table 71 Middle East and Africa: Market Size By Service, 2018-2023(USD Million)
Table 72 Middle East and Africa: Market Size By Application, 2018-2023(USD Million)
Table 73 Middle East and Africa: Market Size By Deployment Type, 2018-2023(USD Million)
Table 74 Middle East and Africa: Market Size By Organization Size, 2018-2023(USD Million)
Table 75 Middle East and Africa: Market Size By Industry Type, 2018-2023(USD Million)
Table 76 New Product Launches, 2016–2018
Table 77 Agreements, Partnerships, and Collaborations, 2016–2017
Table 78 Mergers and Acquisitions, 2016–2017
 
  
List of Figures (29 Figures)
 
Figure 1 AI in Construction Market Segmentation
Figure 2 Market Research Design
Figure 3 Breakdown of Primaries: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Research Assumptions
Figure 8 AI in Construction Market Snapshot, By Solution (2018–2023)
Figure 9 Market Snapshot By Application (2018–2023)
Figure 10 Market Snapshot By Stage (2018–2023)
Figure 11 Market Snapshot By Region
Figure 12 Proliferation in Data Generation and Need for Safety at Jobsites are Expected to Propel the Adoption of Ai in Construction Solutions and Services
Figure 13 Project Management Application and North American Region are Estimated to Have the Largest Market Shares in 2017
Figure 14 Project Management Application is Expected to Have the Largest Market Share During the Forecast Period
Figure 15 Construction Stage is Expected to Create Opportunities for Ai in Construction Vendors During the Forecast Period
Figure 16 Drivers, Restraints, Opportunities, and Challenges
Figure 17 Natural Language Processing Technology is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 18 Construction Stage is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 19 Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 20 Training and Consulting Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 21 Field Management Application is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 22 Cloud Deployment Type is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 23 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 24 Residential Segment is Expected to Grow at the Fastest CAGR During the Forecast Period
Figure 25 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 26 Asia Pacific is Expected to Be the Emerging Region in the AI in Construction Market
Figure 27 North America: Market Snapshot
Figure 28 Asia Pacific: Market Snapshot
Figure 29 Companies Adopted New Product Launches as the Key Growth Strategy From 2015 to 2017

 

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