IOT in Construction Market Research Report By Regional Trend, Growth, Leading Players Updates and Forecast to 2028
IoT in Construction Market Size – USD 8.52 Billion in 2020, Market Growth – at a CAGR of 15.5%
VANCOUER, BC, CANADA, February 23, 2022 /EINPresswire.com/ — The global Internet of Things (IoT) in construction market size is expected to reach USD 26.79 Billion in 2028 and register a robust revenue CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth rate can be attributed to increasing adoption of Internet-connected device in the construction industry to address common workplace concerns. The construction industry is increasingly deploying IoT technology in order to overcome flat productivity, more schedule overruns, decreased margins, and increasing competition in the industry.
The report provides a sophisticated analysis of the insightful data of the Internet of Things (IoT) in Construction Market industry that has been formulated based on thorough primary and secondary research. The details have further been validated and verified by the industry experts. The precise data offered by the report offers fruitful information about sales strategies to improve market performance.
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Wireless concrete maturity sensor is an IoT-based technology, which is increasingly being adopted in the construction industry. Ability of wireless concrete maturity sensors to deliver real-time notifications about temperature and strength of concrete and minimize reliance of the developer on third-party labs by eliminating field-cured cylinders is expected to further deployment in the construction industry.
Key Reasons to Buy This Report:
The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
The report further identifies the key regions and segments dominating the market.
The report presents a thorough examination of the Internet of Things (IoT) in Construction Market elaborating on its core segments.
The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
The leading market players include Caterpillar Inc., Autodesk, Oracle Corporation, Trimble, KORE Wireless Group, WorldSensing, Giatec Scientific Inc., Losant IoT, Sigfox, and CalAmp
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The report provides an in-depth investigation of the global Internet of Things (IoT) in Construction Market , largely focusing on each segment and sub-segment of the Internet of Things (IoT) in Construction Market . The market forecasts included in the report are performed by our team of experts and are of great significance as they provide deep insights into various crucial industry parameters.
Emergen Research has segmented the global Internet of Things (IoT) in construction market on the basis of components, application, end-use, and region:
Internet of Things (IoT) in Construction Market Components Outlook (Revenue, USD Billion; 2018–2028)
Software
Hardware
Services
Internet of Things (IoT) in Construction Market Application Outlook (Revenue, USD Billion; 2018–2028)
Fleet Management
Predictive Management
Safety Management
Remote operations
Others
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Internet of Things (IoT) in Construction Market End-use Outlook (Revenue, USD Billion; 2018–2028)
Residential
Commercial
Comprehensive Regional Analysis Covers the Following Regions:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Objectives of the Global Internet of Things (IoT) in Construction Market Study:
An in-depth study of the evolving market sectors and the growth & penetration status of the global Internet of Things (IoT) in Construction Market
COVID-19 Impact Analysis to highlight the major opportunities and challenges
Strategic recommendations to help readers formulate lucrative business strategies
Identification of the emerging players and their tactical approaches to expand market presence
An extensive study of the product portfolios of the major market players and their regional presence
A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures
Highlights of the TOC:
Chapter 1. Methodology & Sources
Chapter 2. Executive Summary
Chapter 3. Key Insights
Chapter 4. Internet of Things (IoT) in Construction Market Segmentation & Impact Analysis
Chapter 5. IoT in Construction Market By Components Insights & Trends, Revenue (USD Billion
Chapter 6. IoT in Construction Market By Application Insights & Trends, Revenue (USD Billion)
Chapter 7. IoT in Construction Market By End-use Insights & Trends Revenue (USD Billion)
Chapter 8. IoT in Construction Market Regional Outlook
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