IoT in Construction Market to Reach USD 29.72 Billion by 2030, Growing at 14.2% CAGR
Market Overview The global IoT in construction market size was valued at USD 8.99 billion in 2021. It is expected to...
Market Overview
The global IoT in construction market size was valued at USD 8.99 billion in 2021. It is expected to reach USD 29.72 billion by 2030, growing at a CAGR of 14.2% during the forecast period (2022-2030).
The global IoT in Construction market continues to evolve rapidly, driven by shifting consumer trends, rising investments, and technological progress. This section provides a detailed snapshot of the current landscape, highlighting major developments, emerging opportunities, and competitive movements that are shaping the industry’s growth trajectory.
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Market Report Scope and Research Methodology
This report offers a balanced combination of qualitative and quantitative analysis to ensure accurate, transparent, and comprehensive insights. The scope defines the parameters and key categories of the market, helping readers clearly understand its framework and underlying dynamics.
The study examines market size, forecasts, and growth potential by analyzing crucial segments and sub-segments. It delves into the factors influencing the market—such as cost efficiency, regulatory initiatives, sustainability goals, and continuous innovation. In addition, it evaluates competitive landscapes, investment flows, and the policy environment impacting overall industry development.
Market Regional Insights
The regional analysis spans North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region is assessed based on market share, growth prospects, trade movements, and investment attractiveness. By studying regional demand trends, industrial performance, and government support measures, the report delivers a holistic understanding of how the market is evolving across different geographies.
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Market Segmentation
- By Application
- Asset Monitoring
- Predictive Maintenance
- Fleet management
- Wearables
- Remote Operations
- Others
- By End-User
- Residential
- Non-residential
- By Component
- Hardware
- Software
- Connectivity
- Services
Market Key Players
- Trimble, Inc.
- Pillar Technologies Inc.
- Triax Technologies, Inc.
- AOMS Technologies
- Topcon Corporation
- Hilti Corporation
- Autodesk, Inc.
- Oracle Corporation
- Hexagon AB
- CalAmp Corporation
Download Exclusive Research Report PDF Sample: (Including Full TOC, List of Tables & Figures, Chart): https://straitsresearch.com/report/iot-in-construction-market/request-sample
Key Questions Answered in the IoT in Construction Market Report:
- How large is the IoT in Construction market currently?
- What is the projected size of the IoT in Construction market in the coming years?
- What is the estimated global value of the IoT in Construction market?
- How fast is the IoT in Construction market growing?
- Which segment accounts for the highest share in the IoT in Construction market?
- What are the major IoT in Construction market segments?
- What was the market value of IoT in Construction in North America in 2024?
- Which region currently dominates the market landscape?
- What factors are driving the growth of the IoT in Construction market?
- Who are the prominent players in the IoT in Construction market?
- Which companies are leading in the IoT in Construction industry?
About Straits Research
Straits Research provides comprehensive market intelligence and actionable insights across a wide range of industries. Our reports are designed to empower decision-makers, investors, and organizations to uncover growth opportunities, overcome challenges, and build strategies that ensure long-term success in a rapidly changing business environment.
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