The Internet of Things (IoT) in Construction Market size is expected to grow from USD 12.3 Billion in 2022 to USD 41.91 Billion by 2030, at a CAGR of 16.56% during the forecast period.
Internet of Things (IoT) in construction refers to the application of IoT solutions in various activities involved in the construction industry. At its most basic, IoT in construction is defined as a location where workers, materials, and equipment are connected to a central server that manages and watches over their activities remotely and in real-time. The construction industry currently uses a wide variety of equipment for a wide range of applications. The industry is expanding to meet the world's changing needs. The construction sector has been compelled by the current evolution to integrate cutting-edge technologies such as the Internet of Things into its operations.
Top Key Players Covered In Global Internet of Things (IoT) in Construction Market
Autodesk Inc (US), Losant IoT (US), HMS Networks (Sweden), Pillar Technologies Inc. (US), Oracle Corporation (US), Sigfox (France), Hexagon AB (Sweden), CalAmp (US), Topcon Corporation (Japan), WorldSensing (Spain), Hilti Corp (Liechtenstein), Buildings IOT (US), Trimble Inc. (US), Arkance Systems (France), Brickeye (Canada), Kore Wireless (US) and Other Major Players
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Segmentation Analysis of The Internet of Things (IoT) in Construction Market
The Internet of Things (IoT) in Construction market is segmented based on Solution, Application, and Project Type.
By Solution
- Hardware
- Software
- Services
By Application
- Remote Operations
- Machine Control
- Safety Management
- Predictive Maintenance
- Fleet Management
- Others
By Project Type
- Residential
- Non-residential
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By Region
- North America (US, 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, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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