The global AI in construction market is expected to show a significant growth rate during the forecast period. The cloud solution offers advanced scalability, intensified security, better compliance, and lower costs. This cloud computing has witnessed positive impact on the growth of AI in construction market over the forecast period. The AI workloads are engrossing higher shares of IT infrastructure resources. AI is taking up as afixed element for monitoring, managing and controlling IT infrastructure. AI-optimized application infrastructure is one of the major trends in the IT sector. Various players are establishing IT platforms thatenhanced AI workloads through a pre-built combination of interconnect resources, storage, andcompute.

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The rapid adoption of geographically diverse cloud services and the growing need to automate the operational processes to drive global AI in construction market. The key players are introducing platforms such as storage, compute and hyper-converged among others that are purpose-built for high volume, fast training, high performance and inferencing among others. AI-ready storage integration is becoming a requirement for various enterprise customers at a hardware level. AI is a method for making operation and infrastructure more self-healing, self-securing, self-repairing, self-optimizing and self-managing. These tools are fixed in the AI-workload optimized platforms and available through stand-alone method for monitoring different platforms of AI in construction.

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The major market players are actively conducting strategic acquisitions, partnerships, and collaboration to increase their market presence. For instance, Doxel, a technological start-up had introduced a system to streamline construction methods that are based on AI and robotics. eSUB is a provider of cloud-based labor productivity and project management solution raised a fund of $3 million from Autodesk to offer product development for larger integration along with BIM 360 construction platform. Komatsu, Construction Company had partnered with NVIDIA to use GPUs to analyze and visualize the whole construction sites.

Current Market Trends Covered in the Market Report

North America is expected to hold the largest market share in the market
The use of modularization and 3-D printing is advancing AI in construction industry.
The planning & design segment is anticipated to hold the largest market share.

Global AI in Construction Market- Segmentation

By End-User

Residential
Public Infrastructure
Heavy Construction
Others

By Application

Planning & Design
Safety and Efficiency
Equipment
Monitoring & maintenance

Global AI in Construction Market – Segment by Region

North America

US
Canada

Europe

Germany
UK
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Latin America
Middle East Africa

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