Pune, India -- (SBWIRE) -- 03/28/2019 -- The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global artificial intelligence in construction market based on the solution, technology, and application. It also provides market size and forecast till 2027 for overall artificial intelligence in construction market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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The infrastructure and construction industry is experiencing many changes owing to the gradual integration of innovative technology in order to improve productivity and maximize utility. The construction industry is widely adopting artificial intelligence in their processes. Artificial intelligence is where machines show their intelligence by utilizing algorithms to solve problems through inputted data. With the harnessing robotics, construction managers utilize intelligent machines that can operate routine tasks which were once done by personnel, such as bricklaying. Activities that hinder construction may utilize artificial intelligence to make improvements in quality, safety, productivity, and scheduling.

Top Key Players: Autodesk, Inc., BuildingSP, Inc., Doxel Inc., IBM Corporation, Intel Corporation, NEMETSCHEK SE, NVIDIA Corporation, Salesforce.com Inc., SAP SE, and Smartvid.io, Inc. among others.

The "Global Artificial Intelligence in Construction Market Analysis to 2027" is a specialized and in-depth study of the artificial intelligence in construction market with a focus on the global market trend. The report aims to provide an overview of the global artificial intelligence in construction market with detailed market segmentation by solution, technology, application, and geography. The global artificial intelligence in construction market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the artificial intelligence in construction market.

Some of the factors such as the shortage of construction labor and stringent safety regulations are propelling the growth of artificial intelligence in the construction market. Moreover, the growing construction activities due to smart city initiatives are further expected to offer significant opportunities for artificial intelligence in the construction market to grow. However, a low level of penetration is restricting the growth of artificial intelligence in the construction market.

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The overall artificial intelligence in construction market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis.
The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the artificial intelligence in construction market.

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