Internet of Things in Construction Market Analysis

  • Report ID: 2751
  • Published Date: Oct 18, 2024
  • Report Format: PDF, PPT

Internet of Things in Construction Market Analysis

The application type is segmented into remote operations, predictive maintenance, fleet management, safety management and others, out of which, the remote operations segment is anticipated to account for the largest share owing to the growing usage of internet of things for machine control and real time monitoring of workers. It allows the machines to connect with physical or wireless internet to give instructions remotely. IoT operates in such areas that are hazardous for humans because of toxic gases or pollution and helps them to benefit from remote support. These factors are anticipated to account for the growth of the market over the forecast period.

Our in-depth analysis of the global market includes the following segments:

By Product Type

  • Hardware
  • Software
  • Services

By Application Type

  • Remote Operations
  • Fleet Management
  • Safety Management
  • Predictive Maintenance
  • Others

By Project Type

  • Commercial
  • Residential
  • Others

By End Users

  • Manufacturing
  • Infrastructure
  • Mining
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Shweta Patidar


  • Report ID: 2751
  • Published Date: Oct 18, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of IoT in construction is evaluated at USD 13.09 billion.

IoT in Construction Market size was valued at USD 11.58 billion in 2023 and is set to exceed USD 82.46 billion by 2036, registering over 16.3% CAGR during the forecast period i.e., between 2024-2036.

North America industry is predicted to hold largest revenue share by 2036, on account of presence of multiple OEM’s grabbing the use of internet of things in the construction in the region.

The major players in the market are Caterpillar Inc., Construction Robotics, Oracle Corporation, CalAmp Corporation, Trimble Inc., Autodesk Inc., Giatec Scientific Inc., Sigfox, Cisco Systems Inc., Vinci SA, and others.
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