Acquire Market Research has announced a new report titled “Global Artificial Intelligence (AI) in Construction Market 2019-2023″ To their offerings
Increasing adoption of cloud-based solutions to emerge as a major trend in the market. The emergence of AI-as-a-service in construction is trending among various industrial users of AI, as it allows individuals and companies to access AI for various applications with the heavy initial investment and lowers the risk of failure. Our analysts have predicted that the artificial intelligence (AI) in the construction market will register a CAGR of over 28% by 2023.
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Market Overview
Increasing demand for data integration and visual analytics. The increasing data proliferation and complexities have made the process of deploying and maintaining reliable data interfaces difficult. AI in construction allows real-time synthesizing of data to facilitate real-time analysis or effective decision making. Existing issues of AI AI hardware that is currently available on the market is limited in its capabilities, as it does not have the ability to stimulate a human brain, and the software cannot match the intelligence of humans. For the detailed list of factors that will drive and challenge the growth of the artificial intelligence (AI) in the construction market during 2019-2023, view our report.
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Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Oracle and SAP the competitive environment is quite intense. Factors such as the increasing adoption of cloud-based solutions and the increasing demand for data integration and visual analytics will provide considerable growth opportunities for artificial intelligence (AI) in construction manufacturers. Autodesk, IBM, Microsoft, Oracle, and SAP are some of the major companies covered in this report.
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Table of content:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT•
2.1 Preface•
2.2 Preface•
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE•
Market ecosystem•
Market characteristics•
Market segmentation analysis
PART 04: MARKET SIZING•
Market definition•
Market sizing 2018•
Market size
forecast 2018-2023
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