Artificial Intelligence (AI) in Construction Market
                     Artificial 
Intelligence (AI) 
in Construction 
Market to Reach 
USD 4.51 Billion 
By 2026
Market Summary
Efficiency in construction designing, planning, and other processes is propelling 
the growth of the market.
Market Size – USD 429.2 Million in 2018, Market Growth - CAGR of 34.0%, 
Market Trends – Easy risk mitigation.
The global Artificial Intelligence (AI) in the Construction market is forecast to 
reach USD 4.51 Billion by 2026, according to a new report by Reports and Data. 
The easy risk mitigation of quality, and safety, coupled with the time and cost 
consumption requirements of the construction industry, will drive the growth of 
the market.
Market Summary
Further key findings from the report suggest
• Artificial intelligence can help reduce construction costs in many ways. For example, the 
use of virtual reality goggles and mini-robots into buildings under construction to track 
the work as it progresses. AI is also being used today to design the routing of electrical 
and plumbing systems in modern buildings. Artificial intelligence is also beneficial for 
the development of safety systems at work sites, which reduces the risks of hazards and 
accidents. The technology is being used by many firms to pursue the real-time 
interactions of machinery, workers, and objects on the site and alert the supervisors of 
potential safety issues, productivity issues, and construction errors. Artificial intelligence 
is also expected to reduce the human workforce, reduce expensive errors, reduce 
worksite injuries, and make building operations more productive.
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Market Summary
Key participants include IBM, Renoworks Software, Microsoft, Autodesk, SAP, Oracle, Alice Technologies, Building 
System Planning, eSUB, Askporter, Darktrace, SmarTVid.Io, Jaroop, Aurora Computer Services, Predii, Lili.Ai, 
Deepomatic, Assignar, Beyond Limits, Coins Global, Plangrid, Doxel, and Bentley Systems, among others.
Segmentation:
For the purpose of this report, Reports and Data have segmented into the global Artificial Intelligence (AI) in 
Construction market on the basis of technology, component, organization size, deployment type, phase, 
applications, end use, and region:
Technology Outlook (Revenue, USD Million; 2016-2026)
Machine Learning and Deep Learning
Natural Language Processing
Component Outlook (Revenue, USD Million; 2016-2026)
Solutions
Services
Market Summary
Organization Size Outlook (Revenue, USD Million; 2016-2026)
• Small and Medium-Sized Enterprises
• Large Enterprises
Deployment Type Outlook (Revenue, USD Million; 2016-2026)
• Cloud
• On-premises
Phase Outlook (Revenue, USD Million; 2016-2026)
• Pre-construction
• Construction stage
• Post-construction
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America
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