Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1236936
PUBLISHER: IMARC | PRODUCT CODE: 1236936
IoT in Construction Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
PUBLISHED:
PAGES: 143 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
Market Overview:
- The global IoT in construction market size reached US$ 9.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 20.9 Billion by 2028, exhibiting a growth rate (CAGR) of 12.7% during 2023-2028.
- The internet of things (IoT) is a data network consisting of devices embedded with sensors, software, and technologies to connect and exchange data with other devices and systems over the internet. At present, the rates of fatal and non-fatal injuries among construction workers are high. As a result, IoT is increasingly being employed in the construction sector for optimal utilization of available resources with technological planning at low risks and minimal cost. IoT in construction automates hazard detection and safety monitoring of construction sites. It also helps businesses track employee movements and ensure that team members are working efficiently by equipping them with wearable technologies.
IoT in Construction Market Trends:
- Presently, the rising automation in the construction sector represents one of the key factors bolstering the growth of the market. Besides this, conventional concrete curing methods have several limitations, such as difficulties supervising and controlling the required environmental moisture and temperature conditions. However, IoT devices enable data recording and concrete curing operations to occur automatically, thereby saving time and effort. These devices monitor air temperature, humidity, wind speed, and concrete temperature and moisture content. In addition, a water pump is installed within machines for the spraying of curing water when required, which is strengthening the market growth. Moreover, IoT devices are used during construction activities, such as plastering, surveying, bricklaying, asset tracking, worker tracking, risk management and construction site management. This, coupled with the increasing construction activities around the world, is positively influencing the market. Furthermore, the rising adoption of unmanned aerial vehicles (UAVs) and autonomous vehicles in the construction sector for the monitoring and surveillance of construction projects is projected to facilitate the growth of the market.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global IoT in construction market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on components, application and end user.
Breakup by Components:
- Hardware
- Software
- Services
Breakup by Application:
- Asset Monitoring
- Predictive Maintenance
- Fleet management
- Wearables
- Others
Breakup by End User:
- Residential
- Non-Residential
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players being Autodesk Inc., CalAmp, Ferrovial S.A., Giatec Scientific Inc., Hilti Corporation, International Business Machines Corporation, Oracle Corporation, Procore Technologies Inc., Sigfox, Topcon Corporation, Trimble Inc. and WakeCap Technologies.
Key Questions Answered in This Report:
- How has the global IoT in construction market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global IoT in construction market?
- What are the key regional markets?
- What is the breakup of the market based on the components?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global IoT in construction market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR1523A201_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global IoT in Construction Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Components
- 6.1 Hardware
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Software
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Services
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Asset Monitoring
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Predictive Maintenance
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Fleet management
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Wearables
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by End User
- 8.1 Residential
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Non-Residential
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Autodesk Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 CalAmp
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Ferrovial S.A.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Giatec Scientific Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Hilti Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 SWOT Analysis
- 14.3.6 International Business Machines Corporation
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Oracle Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Procore Technologies Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.9 Sigfox
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Topcon Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Trimble Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 WakeCap Technologies
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.1 Autodesk Inc.
Product Code: SR1523A201_Report
List of Figures
- Figure 1: Global: IoT in Construction Market: Major Drivers and Challenges
- Figure 2: Global: IoT in Construction Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: IoT in Construction Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: IoT in Construction Market: Breakup by Components (in %), 2022
- Figure 5: Global: IoT in Construction Market: Breakup by Application (in %), 2022
- Figure 6: Global: IoT in Construction Market: Breakup by End User (in %), 2022
- Figure 7: Global: IoT in Construction Market: Breakup by Region (in %), 2022
- Figure 8: Global: IoT in Construction (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: IoT in Construction (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: IoT in Construction (Software) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: IoT in Construction (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: IoT in Construction (Services) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: IoT in Construction (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: IoT in Construction (Asset Monitoring) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: IoT in Construction (Asset Monitoring) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: IoT in Construction (Predictive Maintenance) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: IoT in Construction (Predictive Maintenance) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: IoT in Construction (Fleet management) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: IoT in Construction (Fleet management) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: IoT in Construction (Wearables) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: IoT in Construction (Wearables) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: IoT in Construction (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: IoT in Construction (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: IoT in Construction (Residential) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: IoT in Construction (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: IoT in Construction (Non-Residential) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: IoT in Construction (Non-Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: North America: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: North America: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: United States: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: United States: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Canada: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Canada: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Asia-Pacific: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Asia-Pacific: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: China: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: China: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Japan: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Japan: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: India: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: India: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: South Korea: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: South Korea: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Australia: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Australia: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Indonesia: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Indonesia: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Others: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Others: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Europe: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Europe: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Germany: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Germany: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: France: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: France: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: United Kingdom: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: United Kingdom: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Italy: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Italy: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Spain: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Spain: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Russia: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Russia: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Others: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Others: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Latin America: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Latin America: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Brazil: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Brazil: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Mexico: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Mexico: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Others: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Others: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Middle East and Africa: IoT in Construction Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Middle East and Africa: IoT in Construction Market: Breakup by Country (in %), 2022
- Figure 76: Middle East and Africa: IoT in Construction Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Global: IoT in Construction Industry: SWOT Analysis
- Figure 78: Global: IoT in Construction Industry: Value Chain Analysis
- Figure 79: Global: IoT in Construction Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: IoT in Construction Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: IoT in Construction Market Forecast: Breakup by Components (in Million US$), 2023-2028
- Table 3: Global: IoT in Construction Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: IoT in Construction Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 5: Global: IoT in Construction Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: IoT in Construction Market: Competitive Structure
- Table 7: Global: IoT in Construction Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.