AI In Construction Market Share

Market Share of AI In Construction Industry

• The artificial intelligence market in construction is fragmented with the presence of major players like Autodesk Inc., Building System Planning Inc., Smartvid.io Inc., Doxel Inc., and Bentley Systems Inc. Players in the market are adopting strategies such as partnerships, collaborations, and acquisitions to enhance their application offerings and gain a sustainable competitive advantage.
• In April 2023, Autodesk and VC Group agreed to accelerate digital transformation in the construction industry. Under the recent Government's Decision No. 258/Q-TTg on the approval of the Roadmap for the Application of Building Information Modeling (BIM) in the Construction Sector, Autodesk is expected to provide guidance and assistance to VC Group in their efforts to adopt technologies and digitize design and construction consultancy.
• In June 2022, Siemens, a pioneer in accelerated graphics and artificial intelligence (AI), and NVIDIA, a pioneer in infrastructure, building technology, and transportation, collaborated to establish the Industrial Metaverse.

Artificial Intelligence (AI) in Construction Market Leaders

1. Autodesk Inc.

2. Building System Planning Inc.

3. Smartvid.io Inc.

4. Doxel Inc.

5. Bentley Systems Inc.

*Disclaimer: Major Players sorted in no particular order