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 Global Internet of Things in Construction Report is a panoramic study of the overall Internet of Things in Construction market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Internet of Things in Construction market. The report provides a detailed analysis of the key factors of the Internet of Things in Construction market that are expected to have a positive impact on the growth of the Internet of Things in Construction industry.
To know more about the report, visit @https://www.emergenresearch.com/industry-report/internet-of-things-in-construction-market
The Global Internet of Things in Construction Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Internet of Things in Construction Market studies the market scenario to offer growth projections for the Internet of Things in Construction industry for the forecast period of 2020-2027. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
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Key companies operating in the Internet of Things in Construction market include:
Caterpillar Inc., Autodesk, Oracle Corporation, Trimble, KORE Wireless Group, WorldSensing, Giatec Scientific Inc., Losant IoT, Sigfox, and CalAmp.
Emergen Research has segmented the global Internet of Things (IoT) in construction market on the basis of components, application, end-use, and region:
Components Outlook (Revenue, USD Billion; 2018–2028)
- Software
- Hardware
- Services
Application Outlook (Revenue, USD Billion; 2018–2028)
- Fleet Management
- Predictive Management
- Safety Management
- Remote operations
- Others
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Residential
- Commercial
Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
- North America
U.S., Canada
- 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
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Key Questions Addressed in the Report:
- Who are the leading players in the Internet of Things in Construction industry?
- Which region is expected to dominate the market in the coming years?
- What are the key applications of Internet of Things in Construction?
- Which segment is expected to garner traction during the coming years?
- What are the key strategies adopted by leading players in the market?
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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