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Construction 4.0 Market Share

Report ID: GMI6058
Published Date: Jun 2023
Report Format: PDF

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Construction 4.0 Market Share

The major companies operating in the construction 4.0 market include

ABB Ltd.
Autodesk Inc.
Hexagon AB
Hilti Corporation
Oracle Corporation
Topcon Corporation
Trimble, Inc.
Microsoft Corporation
Bentley Systems
IBM Corporation
NVIDIA Corporation
SAP SE
Schneider Electric

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of construction 4.0 was worth USD 12.3 billion in 2022 and is projected to witness 16.9% CAGR during 2023 to 2032 owing to the increasing need for optimizing construction processes, improving safety, and enhancing decision-making.

Construction 4.0 industry size from the software segment reached USD 4.4 billion in 2022 and is poised to grow significantly from 2023 to 2032 attributed to the rapid adoption of digital technologies worldwide.

North America held the largest industry share of over 30% in 2022 and is estimated to witness robust growth through 2032 owing to the rising technological advancements in the construction sector.

Some of the leading construction 4.0 firms are ABB Ltd., Autodesk Inc., Hexagon AB, Hilti Corporation, Oracle Corporation, Topcon Corporation, Trimble, Inc., Microsoft Corporation, Bentley Systems, IBM Corporation, NVIDIA Corporation, SAP SE, Schneider Electric.