AI in Construction Market Projected to Hit USD 24.30 Billion by 2030, Driven by Advances in Safety, Predictive Maintenance, and Autonomous Equipment

Mordor Intelligence’s latest report on the AI in Construction Market reveals significant growth forecasts, estimating a rise from USD 11.10 billion in 2025 to USD 24.30 billion by 2030, at a CAGR of 16.9%. This upward trend is driven by increased efficiency needs, labor shortages, regulatory changes, and smart infrastructure adoption. North America currently holds the largest market share, while Asia Pacific is anticipated to grow fastest. Key applications include planning and design, safety management, and predictive maintenance. The market also showcases a shift towards hybrid deployment models, addressing connectivity and data privacy concerns. Notable players include Autodesk, Smartvid.io, and Trimble, which are leveraging AI for improved construction workflows. Despite the market’s robust outlook, challenges such as high initial costs and a skills gap may hinder growth. For an in-depth analysis of trends and competitive insights, visit the Mordor Intelligence website.

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