What is Remote Construction Market?
Remote work is becoming increasingly necessary. Many workers can be adapted to remote employment, as shown by the COVID-19 crisis, this possesses greater challenges for multiple industries including the construction industry, that involves constant monitoring and proper employee management. Construction is the second-least digitized sector, after agriculture. The sluggish speed of digitization is due to a variety of technical problems specific to the construction industry. Over the past few years, many technological changes are observed in the construction sector including GPS Trackers and Mapping Softwares. As construction projects expand in size and complexity, being able to control staffing schedules, assign assignments, and track progress will increase work performance and productivity. It's also important for divisions like accounting, lien administration, and distribution to communicate with on-field staff. This has facilitated the demand for remote construction software.
The market study is being classified, by Application (Remote Management, Construction Management, Communication and Others) and major geographies with country level break-up.
Oracle Corporation (United States), Autodesk Inc. (United States), Caterpillar Inc. (United States), Hitachi Ltd. (Japan), Trimble Inc. (United States), WorldSensing (Spain), Giatec Scientific Inc. (Canada), CalAmp Corporation (United States), Kore Wireless (United States) and Multivista Systems LLC. (Unietd States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Procore Technologies (United States), Smartsheet (United States) and Fieldwire (United States).
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Remote Construction market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Remote Construction market by Type, Application and Region.
On the basis of geography, the market of Remote Construction has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Wide Range of Applications
- Minimal On-Site Presence and Less Delay
- Efficient Submittal Process
- Global Pandemic Facilitated Digitization
- Unexplored Market in Emerging Regions
- Integration with Upcoming Technologies
- Shift from Traditional Approach to Software
- Lack of Trained Personnel
Market Leaders and some development strategies
On 2nd February, 2018 - Trimble Inc. Acquired e-Builder Inc. (leading SaaS-Based Construction Program Management Solution), This Acquisition is Aimed to Expand Trimble’s Construction Management Solutions Portfolio across Remote Construction. and On 22nd July, 2020 - Autodesk Announced its Plans to Acquire Pype (AI-Powered Construction Software Provider), Autodesk Plans to Integrate Pype with its New Remote Construction Program to Improve Efficiency.
On 10th February, 2021 - Oracle Announced its New Construction Intelligence Cloud Service, which is an Innovative Program which Combines Artificial intelligence (AI) And Analytics Applications for The Engineering and Construction Industry. This New Suite Uses Machine Learning Tools in Order to Analyze Project Data for Early Risk and Inefficiency Identification. and On 10th February, 2021 - Autodesk Released its New Cloud Offerings for Architecture, Engineering & Construction AEC Design Customers. The Release Includes the Launch of “Autodesk Docs” and “BIM 360 Design”, these New Programs use Advance Tools for Efficient and Interactive Interface.
Key Target AudienceRemote Construction Software Service Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase