Global Generative AI in Construction Market 2025-2029

Generative AI In Construction Market 2025-2029

The generative ai in construction market is forecasted to grow by USD 3572.6 mn during 2024-2029, accelerating at a CAGR of 48.3% during the forecast period. The report on the generative ai in construction market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by radical enhancement of preconstruction, design, and planning efficiency, mitigation of endemic labor shortages, and substantial improvements in project management, risk mitigation, and safety.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's generative ai in construction market is segmented as below:

By Technology

• Machine learning
• Natural language processing
• Others

By Type

• Commercial construction
• Residential construction
• Infrastructure construction
• Industrial construction
• Others

By Application

• Design and planning
• Construction optimization
• Project management
• Others

By Geographical Landscape

• North America
• APAC
• Europe
• Middle East and Africa
• South America

This study identifies the increased focus on augmenting workforce productivity as one of the prime reasons driving the generative ai in construction market growth during the next few years. Also, intensifying pressure for sustainable development and cost optimization and proliferation of advanced ai models and integration with digital twin ecosystems will lead to sizable demand in the market.

The report on the generative ai in construction market covers the following areas:

• Generative AI In Construction Market sizing
• Generative AI In Construction Market forecast
• Generative AI In Construction Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading generative ai in construction market vendors that include ALICE Technologies, ARK-BIM, Augmenta, Autodesk Inc., Bentley Systems Inc., Blackshark.ai GmbH, Dassault Systemes SE, Finch, Microsoft Corp., Nemetschek SE, nPlan Ltd., NVIDIA Corp., Open Space Labs Inc., Oracle Corp., Procore Technologies Inc., SWAPP.AI, Togal.AI., and Trimble Inc.. Also, the generative ai in construction market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth. Show more