Dublin, Dec. 19, 2024 (GLOBE NEWSWIRE) -- The "AI in Construction - Strategic Intelligence" report has been added to ResearchAndMarkets.com's offering.
The construction industry has been slower than other sectors in implementing AI as it is one of the least digitalized industries. However, construction companies are increasingly investing in AI technologies to improve their environmental, social, and governance (ESG) credentials, boost productivity and safety, and address supply chain disruptions and labor shortages.
Key Highlights
- For decades, artificial intelligence (AI) was the domain of university and corporate R&D labs. Recent progress in machine learning (ML) on the back of improved algorithms (e.g., Google's AlphaGo, OpenAI's GPT-3) and increasing computing power have enabled AI to solve real-life problems. The analyst estimates the total AI market will be worth $1 trillion by 2030, up from $103 billion in 2023 at a compound annual growth rate of 39%.
- The construction industry has been slower than other sectors in implementing AI as it is one of the least digitalized industries. However, construction companies are increasingly investing in AI technologies to improve their environmental, social, and governance (ESG) credentials, boost productivity and safety, and address supply chain disruptions and labor shortages.
Report Scope
- This report is a thematic brief, which identifies those companies most likely to succeed in a world filled with disruptive threats. It predicts how each theme will evolve and identify the leading and disrupting companies.
Reasons to Buy
- The thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
- Develop and design your corporate strategies through an in-house expert analysis of artificial intelligence by understanding the primary ways in which this theme is impacting the construction industry.
- Stay up to date on the industry's major players and where they sit in the value chain.
- Identify emerging industry trends to gain a competitive advantage.
Key Topics Covered:
- Players
- Value Chain
- The Impact of AI on Construction
- Case Studies
- Market Size and Growth Forecasts
- AI Timeline
- Signals
- Companies
- Sector Scorecards
- Glossary
Company Coverage:
- AECOM
- ALICE Technologies
- Autodesk
- Balfour Beatty
- Bechtel
- Bentley Systems
- Buildots
- Built Robotics
- China State Construction Engineering
- Converge.io
- Laing O'Rourke
- Larsen & Toubro
- Machine Eye
- nPlan
- Oculo
- Procore Technologies
- Shimizu
- Siemens
- Skanska
- Trimble
- Vinci
For more information about this report visit https://www.researchandmarkets.com/r/vh5ng3
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
