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.

People do not use paper documents anymore, they get their information from a cloud platform. If signatures are required, they are done electronically.

These changes are possible thanks to:

• collaboration
• faster problem resolution
• digital models of buildings before construction begins.

In this series, we will publish the following articles:

• How to Embrace Digital Technologies in Construction? published 08/11/2023
• What Technology Trends in the Construction Industry Generate Improvements? published 08/21/2023
• How to Achieve Meaningful Profits and Sustainability Through Technology in Construction? published 08/25/2023

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