Artificial Intelligence (AI) in Construction Market

  Efficiency in construction designing, planning, and other processes is propelling the growth of the market. Market Size – USD 429.2 Million in 2018, Market Growth - CAGR of 34.0%, Market Trends – Easy risk mitigation. The global  Artificial Intelligence (AI) in the Construction market  is forecast to reach USD 4.51 Billion by 2026, according to a new report by Reports and Data. The easy risk mitigation of quality, and safety, coupled with the time and cost consumption requirements of the construction industry, will drive the growth of the market. Artificial intelligence can help reduce construction costs in many ways. For example, the use of virtual reality goggles and mini-robots into buildings under construction to track the work as it progresses. AI is also being used today to design the routing of electrical and plumbing systems in modern buildings. Artificial intelligence is also beneficial for the development of safety systems at work sites, which reduces the risks of hazard