The urbanization of emerging economies is growing fast, increasing demand for new construction. This trend is also forcing the construction 4.0 market to grow.

The hardware segment has the biggest market share. It includes devices like sensors, drones, 3D printers, robots, and wearable technology. Hardware helps with automation, communication, and resource utilization.

The North American region is the largest one. The US government played a role in promoting digital technologies through regulations and initiatives.

The Asia-Pacific is forecast to have the highest growth rate until 2036 due to the increasing demand for Construction 4.0 in emerging economies, more government expenditure on infrastructure, and numerous smart city projects.

Paper documents are no longer used; information comes from a cloud platform. If signatures are required, they are done electronically.

These changes are possible thanks to excellent collaboration, faster problem resolution, and digital models of buildings before construction begins.

In this blog series, we will publish the following articles:

• Can Construction Embrace Digital Technologies? To be published 11/22/2024
• Do the Technology Trends in the Construction Industry Generate Improvements? To be published 11/29/2024
• Can Technology in Construction Achieve Meaningful Profits and Sustainability? To be published 12/06/2024

Implementing BIM can be daunting, but Driving Vision is here to help you at the pace you are comfortable with. Get started by getting in touch now