An exciting new study from the team of Lucintel found thatIOT in the global construction market is expected to grow at a CAGR of 16%-17%. There are significant money making opportunities available in thismarket and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The IOT in the global constructionmarket is segmented based on application, project type, offering, and region.In this market, software are the largest segment by offering, whereas commercial are largest by project type. Players can benefit from the available opportunities like multiple construction OEMs embracing the use of IoT in construction, growing investment in infrastructure and construction projects, and presence of a significant number of market players.
Caterpillar, Sigfox, Oracle Corporation, CalAmp, Losant IOT, Giatec Scientific, WorldSensing, Kore Wireless, Trimble, and Autodeskare some of the major players profiled in this 150page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the IOT in the global constructionby application (remote operations, safety management, fleet management, predictive maintenance, and others), project type (commercial and residential), offering (hardware, software, and services), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the IOT in the global constructionmarket?
Q.4 What are some changing demands of customers in the IOT in the global constructionmarket?
Q.5 What are the new developments in the IOT in the global constructionmarket? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this IOT in the global constructionarea and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this IOT in the global constructionmarket?
This unique report from Lucintelwill enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.