Internet of Things (IoT) in Construction Market Synopsis
Internet of Things (IoT) in Construction Market Size Was Valued at USD 14.7 Billion in 2023 and is Projected to Reach USD 50.1 Billion by 2032, Growing at a CAGR of 14.6% From 2024-2032.
IoT construction refers to the use of smart devices or electronics that serve as a link between the construction process and the physical construction environment. To do this, these devices gather and share information, which facilitates constant observation, assessment, and management of different factors regarding construction ventures. The integration of IoT in construction organizations lead to increase efficiency, safety and also the sustainability of resources, equipment and buildings, reduction of the time required for repairing or replacing damaged parts, increasing efficiency in communication between different working groups and stakeholders.
- The IoT market in construction sector is likely to show exponential growth trend in the future as the construction industry players continue to embrace the adoption of digital technologies to execute their processes. Real time information concerning the performance of equipment, climatic conditions, and worker activity is gathered with the help of the Internet of Things devices including sensors, drones and wearables that are being installed in the construction sites. This information allows the construction firms to plan and allocate its resources properly while at the same time it helps in tracking the progress, and forecasting of project losses or slow progress. Furthermore, the trend towards smart buildings and structures is influencing the Internet of Things’ use in construction in an effort to address the construction industry’s intents and pursuits of using IoT for energy, maintenance, and comfort.
- As the construction industry continues to advance in the digital age, this has also been being evident in the IoT market which is expected to experience even more growth in the coming years with research already predicting high levels of IoT investment in construction. They include project visibility, regulatory requirements where compliance is an essential factor, as well as sustainability measures where there are requirements to integrate them.
- Moreover, the construction firms are now positioning themselves to gather and harness big data gathered from various IoT devices contributing improved efficiency and competitive advantage arising from IoT platforms and analytics solutions. However, the published adversities like data security, interoperability, and the lack of the required skills among the workforce are still evident concerning the widespread adoption of IoT in construction, increasing the significance of security measures and consistent investment in training and education.
Internet of Things (IoT) in Construction Market Trend Analysis
Integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies with IoT devices and data analytics platforms
- This integration allows construction companies to gain an even greater understanding of the stream of information collected by connected IoT sensors and devices. Enhancement and application of AI and ML to construction firms offer solutions to predict equipment failures and construct schedules or even automate the entire process which would be efficient and cheaper. For instance, the use of machine learning techniques for prediction of failures S improving efficiencies, by predicting failings from real time data of equipment and thereby allowing preventive action as and when the signal is detected.
Development of specialized AI-powered IoT solutions
- An opportunity stemming from this trend is the possibility to design the sophisticated IoT systems based on an AI approach that can comprehensively meet the requirements and address the peculiarities of the construction sphere. The construction companies that can present the AI cognitive and also predictive analytics-based solutions, self-driven construction machinery, and the smart sensors, monitoring system shall be in an advantageous position in the market.
- Moreover, as AI and ML technologies to advance and develop independently with the growth of the technologies, that makes it possible to have access for the small construction firms for employing the IOT solutions integrated with the AI enabling abilities of the establishment of the IOT inside construction sector. In general, one can conclude that considering IoT, AI, and ML as the top trends opens up great potential for improving productivity, security, and minimizing the overall environmental impact of construction businesses and their projects.
Internet of Things (IoT) in Construction Market Segment Analysis:
Internet of Things (IoT) in the Market Segmented based on Component, application, and end-users.
By Component, Services segment is expected to dominate the market during the forecast period
- On the basis of distribution system, it is further classified into Services and Devices where the Services segment is expected to overtake the Devices segment in the Internet of Things (IoT) market in construction industry throughout the forecast period. It is a broad field that relates to consulting, implementation, maintenance, and support solutions that service construction companies need to implement and manage IoT efficiently. Due to the increase in the number of IoT solutions being employed in construction projects that involve things like multiple sensors, smart devices, and data analysis solutions, the need for such services is anticipated to rise quickly as well. Construction companies have started appreciating the importance of collaborating with suitable service providers with pertinent specialization in IoT implementation that can be tailored to suit construction firms and with sufficient support services for the optimal utilization of IoT technology.
- Furthermore, as the IoT continues to expand as a system of systems, there are some important points that can be emphasized: As the number of applications across the construction industry continue to expand, an increased need for consulting services is anticipated in assisting construction firms in identifying how to integrate IoT into organizational strategies and goals, as well as choosing the most appropriate IoT solutions for enterprises. Therefore, the Services segment has the potential to be a key enabler in the growth of IoT and kindling the digital journey of the construction industry for better and optimized differentiation for efficiency, safety, and productivity of construction projects.
By Application, Predictive maintenance segment is expected to held the largest share
- Within the context of IoT in Construction, examining the market dynamics also identifies growth in new segments and new players, where the most significant development is seen to be found in the segment of predictive maintenance. As IoT devices along with sensors are incorporated at the construction site, preventive maintenance is an innovative model that shifts the idea of equipment maintenance. Through using chronological tracking and artificial neural network, construction companies get the alerts of the failing equipment so as to work on preventing the equipment from failure. The benefits include reducing costly down time, improving operating efficiency and increasing safety when working on construction areas.
- Likewise, predictive maintenance enables construction firms to plan their spending better; identify when particular, pieces of equipment will likely fail; and ensure that maintenance processes are more efficient and cost-effective. As a result, the segment entails a tremendous potential for future growth to support the growing focus of construction companies on predictive maintenance as a means of managing risks and enhancing operational efficiency, simultaneously highlighting the segment’s critical importance in the development of construction IoT technology.
Internet of Things (IoT) in Construction Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- The Asia Pacific region is expected to maintain the majority of the IoT market in construction within the forecasted time period mainly because of several factors. Demographic factors such as urbanization, increase in population, effectiveness of infrastructure development projects such as bridge construction in countries like China, India and some countries in south East Asia put pressure on construction companies to adopt enhanced construction technologies. Furthermore, there is a growing trend in this region for governments to leverage smart building and infrastructure solutions to deal with the issues like traffic congestion, energy consumption and environmentally Sustainable infrastructure.
- Moreover, like many industries, the IoT is also well-developed in Asia Pacific with many hardware and software innovators as well as system integrators, thus promoting the use of IoT in construction across the region. Further, organizational strategies like China’s ‘Made in China 2025’ and India’s ‘Smart Cities Mission’ development programs also are fostering IoT investments across digital transformation and smart infrastructure undertakings suitable for construction projects. Therefore, the market for construction IoT in the Asia Pacific region is set to experience remarkable growth in the various construction segments such as residential, commercial, and infrastructure segments, making the region as the most dominant IoT market in construction in the future years.
Active Key Players in the Internet of Things (IoT) in Construction Market
- Hilti Corporation (Liechtenstein)
- Triax Technologies, Inc. (United States)
- Topcon Corporation (Japan)
- Oracle Corporation (United States)
- Trimble, Inc. (United States)
- CalAmp Corporation (United States)
- Autodesk, Inc. (United States)
- Advanced Opto-Mechanical Systems and Technologies Inc. (United States)
- Hexagon AB (Sweden)
- Pillar Technologies, Inc. (United States), and Other key Players.
Key Industry Developments in the Internet of Things (IoT) in Construction Market:
- In April 2020, AOMS has formed a partnership with the Canadian firm PCL Construction. The objective of this collaboration is to improve Job Sight Insights (JSI) on the cloud-based platform of PCL. In addition to these parameters, the platform incorporates supplementary sensor technology that evaluates vibration, sound, concrete maturity, and strength.
Global Internet of Things (IoT) in Construction Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 14.7 Bn. |
Forecast Period 2024-32 CAGR: |
14.6 % |
Market Size in 2032: |
USD 50.1 Bn. |
Segments Covered: |
By Component |
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By Application |
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By End-User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET BY COMPONENT (2017-2032)
- INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- HARDWARE
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- SOFTWARE
- SERVICES
- CONNECTIVITY
- INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET BY APPLICATION (2017-2032)
- INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- ASSET MONITORING
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- PREDICTIVE MAINTENANCE
- FLEET MANAGEMENT
- WEARABLES
- OTHERS
- INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET BY END-USER (2017-2032)
- INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- RESIDENTIAL
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- NON-RESIDENTIAL
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- Internet of Things (IoT) in Construction Market Share By Manufacturer (2023)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- HILTI CORPORATION (LIECHTENSTEIN)
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- TRIAX TECHNOLOGIES, INC. (UNITED STATES)
- TOPCON CORPORATION (JAPAN)
- ORACLE CORPORATION (UNITED STATES)
- TRIMBLE, INC. (UNITED STATES)
- CALAMP CORPORATION (UNITED STATES)
- AUTODESK, INC. (UNITED STATES)
- ADVANCED OPTO-MECHANICAL SYSTEMS AND TECHNOLOGIES INC. (UNITED STATES)
- HEXAGON AB (SWEDEN)
- PILLAR TECHNOLOGIES, INC. (UNITED STATES)
- COMPETITIVE LANDSCAPE
- GLOBAL INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Component
- Historic And Forecasted Market Size By Application
- Historic And Forecasted Market Size By End-User
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Internet of Things (IoT) in Construction Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 14.7 Bn. |
Forecast Period 2024-32 CAGR: |
14.6 % |
Market Size in 2032: |
USD 50.1 Bn. |
Segments Covered: |
By Component |
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By Application |
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By End-User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET COMPETITIVE RIVALRY
TABLE 005. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET THREAT OF NEW ENTRANTS
TABLE 006. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET THREAT OF SUBSTITUTES
TABLE 007. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET BY SOLUTION
TABLE 008. HARDWARE MARKET OVERVIEW (2016-2028)
TABLE 009. SOFTWARE MARKET OVERVIEW (2016-2028)
TABLE 010. SERVICES MARKET OVERVIEW (2016-2028)
TABLE 011. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET BY APPLICATION
TABLE 012. REMOTE OPERATIONS MARKET OVERVIEW (2016-2028)
TABLE 013. MACHINE CONTROL MARKET OVERVIEW (2016-2028)
TABLE 014. SAFETY MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 015. PREDICTIVE MAINTENANCE MARKET OVERVIEW (2016-2028)
TABLE 016. FLEET MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 017. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 018. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET BY PROJECT TYPE
TABLE 019. RESIDENTIAL MARKET OVERVIEW (2016-2028)
TABLE 020. NON-RESIDENTIAL MARKET OVERVIEW (2016-2028)
TABLE 021. NORTH AMERICA INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY SOLUTION (2016-2028)
TABLE 022. NORTH AMERICA INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY APPLICATION (2016-2028)
TABLE 023. NORTH AMERICA INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY PROJECT TYPE (2016-2028)
TABLE 024. N INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY COUNTRY (2016-2028)
TABLE 025. EUROPE INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY SOLUTION (2016-2028)
TABLE 026. EUROPE INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY APPLICATION (2016-2028)
TABLE 027. EUROPE INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY PROJECT TYPE (2016-2028)
TABLE 028. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY COUNTRY (2016-2028)
TABLE 029. ASIA PACIFIC INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY SOLUTION (2016-2028)
TABLE 030. ASIA PACIFIC INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY APPLICATION (2016-2028)
TABLE 031. ASIA PACIFIC INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY PROJECT TYPE (2016-2028)
TABLE 032. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY COUNTRY (2016-2028)
TABLE 033. MIDDLE EAST & AFRICA INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY SOLUTION (2016-2028)
TABLE 034. MIDDLE EAST & AFRICA INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY APPLICATION (2016-2028)
TABLE 035. MIDDLE EAST & AFRICA INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY PROJECT TYPE (2016-2028)
TABLE 036. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY COUNTRY (2016-2028)
TABLE 037. SOUTH AMERICA INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY SOLUTION (2016-2028)
TABLE 038. SOUTH AMERICA INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY APPLICATION (2016-2028)
TABLE 039. SOUTH AMERICA INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY PROJECT TYPE (2016-2028)
TABLE 040. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET, BY COUNTRY (2016-2028)
TABLE 041. AUTODESK INC (US): SNAPSHOT
TABLE 042. AUTODESK INC (US): BUSINESS PERFORMANCE
TABLE 043. AUTODESK INC (US): PRODUCT PORTFOLIO
TABLE 044. AUTODESK INC (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. LOSANT IOT (US): SNAPSHOT
TABLE 045. LOSANT IOT (US): BUSINESS PERFORMANCE
TABLE 046. LOSANT IOT (US): PRODUCT PORTFOLIO
TABLE 047. LOSANT IOT (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. HMS NETWORKS (SWEDEN): SNAPSHOT
TABLE 048. HMS NETWORKS (SWEDEN): BUSINESS PERFORMANCE
TABLE 049. HMS NETWORKS (SWEDEN): PRODUCT PORTFOLIO
TABLE 050. HMS NETWORKS (SWEDEN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. PILLAR TECHNOLOGIES INC. (US): SNAPSHOT
TABLE 051. PILLAR TECHNOLOGIES INC. (US): BUSINESS PERFORMANCE
TABLE 052. PILLAR TECHNOLOGIES INC. (US): PRODUCT PORTFOLIO
TABLE 053. PILLAR TECHNOLOGIES INC. (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. ORACLE CORPORATION (US): SNAPSHOT
TABLE 054. ORACLE CORPORATION (US): BUSINESS PERFORMANCE
TABLE 055. ORACLE CORPORATION (US): PRODUCT PORTFOLIO
TABLE 056. ORACLE CORPORATION (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. SIGFOX (FRANCE): SNAPSHOT
TABLE 057. SIGFOX (FRANCE): BUSINESS PERFORMANCE
TABLE 058. SIGFOX (FRANCE): PRODUCT PORTFOLIO
TABLE 059. SIGFOX (FRANCE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. HEXAGON AB (SWEDEN): SNAPSHOT
TABLE 060. HEXAGON AB (SWEDEN): BUSINESS PERFORMANCE
TABLE 061. HEXAGON AB (SWEDEN): PRODUCT PORTFOLIO
TABLE 062. HEXAGON AB (SWEDEN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. CALAMP (US): SNAPSHOT
TABLE 063. CALAMP (US): BUSINESS PERFORMANCE
TABLE 064. CALAMP (US): PRODUCT PORTFOLIO
TABLE 065. CALAMP (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. TOPCON CORPORATION (JAPAN): SNAPSHOT
TABLE 066. TOPCON CORPORATION (JAPAN): BUSINESS PERFORMANCE
TABLE 067. TOPCON CORPORATION (JAPAN): PRODUCT PORTFOLIO
TABLE 068. TOPCON CORPORATION (JAPAN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. WORLDSENSING (SPAIN): SNAPSHOT
TABLE 069. WORLDSENSING (SPAIN): BUSINESS PERFORMANCE
TABLE 070. WORLDSENSING (SPAIN): PRODUCT PORTFOLIO
TABLE 071. WORLDSENSING (SPAIN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. HILTI CORP (LIECHTENSTEIN): SNAPSHOT
TABLE 072. HILTI CORP (LIECHTENSTEIN): BUSINESS PERFORMANCE
TABLE 073. HILTI CORP (LIECHTENSTEIN): PRODUCT PORTFOLIO
TABLE 074. HILTI CORP (LIECHTENSTEIN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. BUILDINGS IOT (US): SNAPSHOT
TABLE 075. BUILDINGS IOT (US): BUSINESS PERFORMANCE
TABLE 076. BUILDINGS IOT (US): PRODUCT PORTFOLIO
TABLE 077. BUILDINGS IOT (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. TRIMBLE INC. (US): SNAPSHOT
TABLE 078. TRIMBLE INC. (US): BUSINESS PERFORMANCE
TABLE 079. TRIMBLE INC. (US): PRODUCT PORTFOLIO
TABLE 080. TRIMBLE INC. (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. ARKANCE SYSTEMS (FRANCE): SNAPSHOT
TABLE 081. ARKANCE SYSTEMS (FRANCE): BUSINESS PERFORMANCE
TABLE 082. ARKANCE SYSTEMS (FRANCE): PRODUCT PORTFOLIO
TABLE 083. ARKANCE SYSTEMS (FRANCE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 083. BRICMAJORE (CANADA): SNAPSHOT
TABLE 084. BRICMAJORE (CANADA): BUSINESS PERFORMANCE
TABLE 085. BRICMAJORE (CANADA): PRODUCT PORTFOLIO
TABLE 086. BRICMAJORE (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 086. KORE WIRELESS (US): SNAPSHOT
TABLE 087. KORE WIRELESS (US): BUSINESS PERFORMANCE
TABLE 088. KORE WIRELESS (US): PRODUCT PORTFOLIO
TABLE 089. KORE WIRELESS (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 089. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 090. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 091. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 092. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET OVERVIEW BY SOLUTION
FIGURE 012. HARDWARE MARKET OVERVIEW (2016-2028)
FIGURE 013. SOFTWARE MARKET OVERVIEW (2016-2028)
FIGURE 014. SERVICES MARKET OVERVIEW (2016-2028)
FIGURE 015. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET OVERVIEW BY APPLICATION
FIGURE 016. REMOTE OPERATIONS MARKET OVERVIEW (2016-2028)
FIGURE 017. MACHINE CONTROL MARKET OVERVIEW (2016-2028)
FIGURE 018. SAFETY MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 019. PREDICTIVE MAINTENANCE MARKET OVERVIEW (2016-2028)
FIGURE 020. FLEET MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 021. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 022. INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET OVERVIEW BY PROJECT TYPE
FIGURE 023. RESIDENTIAL MARKET OVERVIEW (2016-2028)
FIGURE 024. NON-RESIDENTIAL MARKET OVERVIEW (2016-2028)
FIGURE 025. NORTH AMERICA INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. EUROPE INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. ASIA PACIFIC INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. MIDDLE EAST & AFRICA INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. SOUTH AMERICA INTERNET OF THINGS (IOT) IN CONSTRUCTION MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Internet of Things (IoT) in Construction Market research report is 2024-2032.
Hilti Corporation, Triax Technologies, Inc., Topcon Corporation, Oracle Corporation, Trimble, Inc., CalAmp Corporation, and Other Major Players.
The Internet of Things (IoT) in Construction Market is segmented into Component, Application, End-User and region. By Component, the market is categorized into Hardware, Software, Services and Connectivity. By Application, the market is categorized into Asset monitoring, Predictive maintenance, Fleet management, Wearables and Others. By End-User, the market is categorized into Residential and Non-residential. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
IoT construction refers to the use of smart devices or electronics that serve as a link between the construction process and the physical construction environment. To do this, these devices gather and share information, which facilitates constant observation, assessment, and management of different factors regarding construction ventures. The integration of IoT in construction organizations lead to increase efficiency, safety and also the sustainability of resources, equipment and buildings, reduction of the time required for repairing or replacing damaged parts, increasing efficiency in communication between different working groups and stakeholders.
Internet of Things (IoT) in Construction Market Size Was Valued at USD 14.7 Billion in 2023, and is Projected to Reach USD 50.1 Billion by 2032, Growing at a CAGR of 14.6% From 2024-2032.