IoT In Construction Market - Growth, Strategy Analysis, And Forecast 2032

Market Statistics

The global loT in construction market size is expected to grow from $10.16 billion in 2022 to $11.90 billion in 2023 at a compound annual growth rate (CAGR) of 17.1%. The global loT in construction market size is expected to reach $21.26 billion in 2027 at a CAGR of 15.6%.

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Global IoT In Construction Market Size Forecast To 2032

Key Market Drivers And Trends

Drivers

The increasing demand for construction and infrastructure activities is expected to propel the growth of the IoT in the construction market

Trends

Technological advancements are the key trends gaining popularity in IoT in the construction market.

Region

North America was the largest region in the loT in construction market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global loT in construction market report during the forecast period. The regions covered in the global loT in construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Market Players

Major players in the IoT in construction market are:

▪ Trimble Inc

▪ Pillar Technologies Inc

▪ Triax Technologies

▪ Brickeye

▪ Hilti Corporation

▪ Topcon Corporation

▪ And more. Get More Information On The IoT In Construction Market Report

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