Smart Construction: The Role of IoT in Modern Building Projects


Posted June 18, 2024 by maximizepriya1

IoT in Construction Market is expected to grow at a CAGR of 16 % between 2024 and 2030, rising from nearly USD 11.42 Bn. in 2023 to USD 32.29 Bn. in 2030.

 
IoT in Construction Market is expected to grow at a CAGR of 16 % between 2024 and 2030, rising from nearly USD 11.42 Bn. in 2023 to USD 32.29 Bn. in 2030.

IOT In Construction Market Overview

The global economy benefits greatly from the global building industry. One of the most significant contributors to global development, the construction industry has grown in importance as urbanization and population density have increased. The operations of the construction industry are being rapidly transformed by IoT. The Internet of Things (IoT) is a dynamic notion of digital technology that is progressively expanding the potential for smart building in a range of application domains.

IOT In Construction Market Report Scope and Research Methodology

The comprehensive IOT In Construction Market report presents a global market structure, outlining current trends and future forecasts for potential investment areas. It encompasses various factors influencing the IOT In Construction market, including historical data, technological advancements, competitive dynamics, and government policies. Clients gain insights into major drivers, constraints, challenges, and opportunities. The market is segmented into three major categories, further divided into sub-segments for clarity. Segment-wise analysis explores factors impacting market growth, coupled with competitive insights detailing expansion plans, products, investments, pricing, and industry presence of key players.

The report combines primary and secondary research methodologies, incorporating interviews with subject-matter experts, industry participants, executives, consultants, and other stakeholders. PESTLE analysis assists in strategizing, while SWOT analysis highlights market strengths and weaknesses. This holistic approach ensures accurate and error-free inferences, empowering stakeholders to make informed decisions in the dynamic IOT In Construction industry landscape.

IOT In Construction Market Regional Insights

The global IOT In Construction market comprises Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America regions. Revenue growth forecasts spanning 2021 to 2029 are provided at global, regional, and country levels in USD value. Regional analysis with market size details is included. Country-specific research explores various market elements influencing current and future trends, alongside changes in market regulations. Factors considered for forecasting country-level IOT In Construction market situations encompass consumption patterns, production volumes and locations, import/export dynamics, pricing trends, raw material costs, and upstream and downstream value chain analyses.

IOT In Construction Market Segmentation


by Products

Hardware
Software
Services

by Applications

Safety
Predictive Maintenance
Wearables
Remote Operations
Fleet Management

by End User

Residential
Non-Residential
Government and Public Infrastructure
Educational Institutions

IOT In Construction Market Key Players

Cisco (USA)
AOMS Technologies (USA)
Topcon Corp (Japan)
Autodesk, Inc. (USA)
Oracle Corp. (USA)
Triax Technologies (UK)
Caterpillar (USA)
Sigfox (France)
Wipro (India)
Carnegie Technologies (USA)
DroneDeploy (USA)
DAQRI (USA)
Larsen & Toubro Ltd. (India)
Atlas RFID Solutions (USA)
Pillar Technologies (USA)
Losant (USA)
Trimble Group (USA)
Vinci (France)
Key Questions answered in the IOT In Construction Market Report are:

What are the IOT In Construction market segments?
Which segment in the IOT In Construction market is expected to grow rapidly during the forecast period?
Which are the prominent players in the IOT In Construction market?
What key trends are expected to emerge in the IOT In Construction market during the forecast period?
What was the IOT In Construction market size in 2023?
Which region dominated the global IOT In Construction market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2024-2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segments with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
About Stellar Market Research

Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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Issued By Maximizepriya
Country India
Categories Aerospace , Architecture , Automotive
Tags iotconstruction smartbuilding constructiontech iotsolutions constructioninnovation
Last Updated June 18, 2024