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. Advancements within the fields of sensors technology, embedded code, property tools, and machinery related to IoT in construction industry offers preventive maintenance along with more advanced benefits and operational features.
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The report provides an extensive analysis of the competitive landscape of the Internet of Things (IoT) in Construction industry and covers the companies’ profiles, product portfolio, manufacturing and production capacity, market reach and share, revenue generation, and strategic business initiatives undertaken by the companies. The report offers a comprehensive analysis of the competitive strengths of the players and offers an individual analysis of the key competitors. Major companies profiled in the report are Caterpillar Inc., Autodesk, Oracle Corporation, Trimble, KORE Wireless Group, WorldSensing, Giatec Scientific Inc., Losant IoT, Sigfox, and CalAmp.
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Global Internet of Things (IoT) in Construction Market Scope and Size
The Internet of Things (IoT) in Construction Market is further segmented into product types, application spectrum, end-user industries, and technology, among others. The analysis of the different segments offers a deeper insight into the different growth factors that are expected to drive the growth of the market.
Additionally, the report offers market share data for the global spread of the Internet of Things (IoT) in Construction industry. Key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa are studied to assess the market size, market share, production and consumption patterns, import/export, supply and demand ratio, and revenue contributions. Furthermore, the regions are also studied to understand the operations of the key players located in the region.
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Table of Content
Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2021-2028 Chapter 3. Key Insights Chapter 4. IoT in Construction Market Segmentation & Impact Analysis 4.1. IoT in Construction Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Rapid urbanization and growth in construction industry in developing countries 4.2.2.2. Rising need for IoT-based automation for enhanced productivity 4.2.2.3. Increasing labor shortage 4.2.2.4. Rising need to enhance safety and security issues 4.2.2.5. Growing trend of digital construction 4.2.2.6. Emergence of AI and ML in construction sector 4.2.3. Market restraints analysis 4.2.3.1. Data security and privacy issues 4.2.3.2. High initial investment 4.2.3.3. Disruptions in the construction industry due to the pandemic 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
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