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IoT in Construction Market Projected to Witness a Double-Digit CAGR During 2022-2027

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IoT in Construction Market Projected to Witness a Double-Digit CAGR During 2022-2027

November 23rd,2022/IndustryNewsGlobal/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the IoT in the Construction Market.

IoT in Construction Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics decision-making business decision making and growth strategy formulation based on the opportunities present in the market.

Market Insights

IoT in construction market is likely to witness an impressive CAGR of 16.7% during the forecast period. The demand for IoT in constructions is driven mainly by the increasing demand from power electronics end-use industry.

Request a Sample here: https://www.stratviewresearch.com/Request-Sample/1151/IoT-in-construction-market.html#form

Key Players

Some of the major players in the IoT in construction market are-

  • Caterpillar Inc.
  • Autodesk Inc.
  • Oracle Corporation
  • Trimble Inc.
  • Kore Wireless
  • Worldsensing
  • Giatec Scientific Inc.
  • Losant IoT
  • Sigfox
  • Calamp Corp

 Regional

In terms of regions, North America is projected to be the largest market for IoT in construction during the forecast period. The North American market is expected to expand with a lucrative CAGR due to the presence of dominant market players, and growing investment in infrastructure and construction projects in the region. 

 

 

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The IoT in Construction  Market analysis report discusses the following heads in great detail:

·        Market structure: Overview, industry life cycle analysis, supply chain analysis

·        COVID-19 Impact Assessment

·        Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

·        Market trend and forecast analysis

·        Market segment trend and forecast

·        Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

·        Attractive market segments and associated growth opportunities

·        Emerging trends

·        Strategic growth opportunities for the existing and new players

·        Key success factors 

About Stratview Research

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

Contact: Stratview Research

E-mail: [email protected]

Direct: +1-313-307-4176

 

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