Report Code: A13984 | Pages: NA | Mar 2023 | 1630 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Big Data In Construction Market
Request Now !Big data is a cloud-based framework that offers end-end system handling capability to the enterprises. Due to the rising usage of the data analytics solutions in the global market, the big data activity in construction market is expected to witness a strong growth. In addition, whole world is going through a digital transformation which grabs construction market too.
Market Scope and Structure Analysis
Description:
Construction industry is seeking towards big data because it refers to the huge quantities of information that have been stored in the past and that continue to be acquired today. Construction and building big data already exist in all plans and records of anything that was ever built, new big data services construct and flow the data in quicker manner.
Report Metric | Details |
Market Size Available for Years | 2020–2030 |
Base Year Considered | 2020 |
Forecast Period | 2021–2030 |
Forecast Unit | Million(USD) |
Segments Covered | Deployment Type, Organization Size Type, and Region |
Regions Covered | North America, Europe, Asia-Pacific, LAMEA |
Companies Covered | Amazon Web Services, Inc., Hewlett Packard Enterprise (HP), IBM Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., Teradata Corporation, Google, Inc. Accenture. |
COVID-19 Impact analysis
Top Impacting Factors
The idea of cloud computing is the most important driving factor forecasted in the market of Big Data. The restraints faced by the construction industry at recording basic information about project schedules, CAD designs, cost, invoices and employee details maintenance. Many unstructured data problems, faced like free text, printed information and analog sensor readings. Big data services harness to gain more insights and allow making more constructive decision for data handling.
Designing is very important in construction industries and Big data helps in analyzing the need and to build design and modeling, environmental data, stakeholder input, and social media discussions, can be used to determine not only what to build, but also where to build it.
Huge investment in Big Data R&D is also a driving factor not only to construction industries but to all others too. Growing adoption of advanced and emerging technologies such as artificial intelligence (AI), robotics, Internet of Things (IoT), and machine learning, is gradually catalyzing transformation across industries where the construction industry acquisition plays a vital role.
Covid-19 made an adverse effect in the construction market as it requires workforce but slowly modern methods with safety measures are taken to bring back the work force.
Market Trends
Key Segments Covered
Deployment Model Type
Organization Size Type
Region
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