Internet of Things (IoT) in Construction Market Overview, Merger and Acquisitions

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Increasing adoption of Internet-connected devices in the construction industry and rising need to ensure safety of workforce and enhance productivity are key factors driving global IoT in construction market revenue growth

 The latest study on the    Internet of Things (IoT) in Construction Market industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 –  2028       .     Internet of Things (IoT) in Construction Market Relevant data on the sudden shift in consumer preferences, spending power and consumption volume worldwide further makes this study more precise. Special emphasis on recent developments including collaborations, joint ventures, mergers acquisitions and technology upgrades occupies an important section in the study. The SWOT analysis performed during the study identifies the strengths, weaknesses, threats and opportunities in store for key vendors operating

The global Internet of Things (IoT) in construction market size is expected to reach USD 26.79 Billion in 2028 and register a robust revenue CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth rate can be attributed to increasing adoption of Internet-connected device in the construction industry to address common workplace concerns. The construction industry is increasingly deploying IoT technology in order to overcome flat productivity, more schedule overruns, decreased margins, and increasing competition in the industry.

Covid impact analysis:

The global Internet of Things (IoT) in Construction Market report by emergen research is the latest document covering the changes in the market dynamics and trends that have followed the COVID-19 outbreak. The global health emergency has brought about unprecedented changes in the global economic scenario, drastically affecting the Internet of Things (IoT) in Construction Market landscape, disrupting its supply chains, and causing volatility in prices and demand for products. The report analyzes the impact of the pandemic on the Internet of Things (IoT) in Construction Market industry and highlights its beleaguered segments. However, our analysts speculate that the market will regain traction in the post-COVID scenario.

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/internet-of-things-in-construction-market

Major companies in the market include  Caterpillar Inc., Autodesk, Oracle Corporation, Trimble, KORE Wireless Group, WorldSensing, Giatec Scientific Inc., Losant IoT, Sigfox, and CalAmp.

 Overview of the TOC of the Report:

  • Regional analysis with sales, revenue, and market share for each region for the forecast period
  • Country-wise analysis of the market by type, application, and manufacturers
  • Market Segmentation based on types
  • Market segmentation based on applications
  • Historical and forecast estimation

Emergen Research has segmented the global Internet of Things (IoT) in construction market on the basis of components, application, end-use, and region:

Components Outlook (Revenue, USD Billion; 2018–2028)

Software

Hardware

Services

Application Outlook (Revenue, USD Billion; 2018–2028)

Fleet Management

Predictive Management

Safety Management

Remote operations

Others

End-use Outlook (Revenue, USD Billion; 2018–2028)

Residential

Commercial

 Key Geographies Profiled in the Report:

  • North America(the U.S., Mexico, and Canada)
  • Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
  • Europe(the U.K., France, Germany, and Rest of Europe)
  • Latin America(Brazil and Rest of Latin America)
  • Middle East Africa(GCC Countries and Rest of Middle East Africa)

Key questions answered in the report:

Which are the five top players of the Internet of Things (IoT) in Construction Market ?

How will the Internet of Things (IoT) in Construction Market change in the next five years?

Which product and application will take a lion’s share of the Internet of Things (IoT) in Construction Market ?

What are the drivers and restraints of the Internet of Things (IoT) in Construction Market ?

Which regional market will show the highest growth?

What will be the CAGR and size of the Internet of Things (IoT) in Construction Market throughout the forecast period?

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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