DUBLIN — (BUSINESS WIRE) — January 23, 2019 — The "Global Artificial Intelligence (AI) in Construction Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The artificial intelligence (AI) in construction market will register a CAGR of over 28% by 2023.

Increasing adoption of cloud-based solutions to emerge as 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 heavy initial investment and lowers the risk of failure.

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.

Key Players

• Autodesk
• IBM
• Microsoft
• Oracle
• SAP

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY SOLUTION

• Comparison by solution
• Software - Market size and forecast 2018-2023
• Services - Market size and forecast 2018-2023
• Hardware - Market size and forecast 2018-2023
• Market opportunity by solution

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY APPLICATION

PART 09: GEOGRAPHIC LANDSCAPE

• Geographic comparison
• EMEA - Market size and forecast 2018-2023
• Americas - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

• Automatic updating and building of projects
• Increasing investments for intelligent processing
• Increasing adoption of cloud-based solutions
• Investment in AI start-ups

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Autodesk
• IBM
• Microsoft
• Oracle
• SAP

For more information about this report visit https://www.researchandmarkets.com/research/8crfjp/artificial?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20190123005433/en/