Future Business: Anticipating Internet of Things in Construction Market Trends for Long-Term Growth

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By Isha Deshpande Posted on Aug 25, 2023
In Category - Business
Alex Harvey

Abstract
Increasing adoption of Internet-connected devices in the construction industry and rising need to ensure safety of workforce and enhance productivity are key factors driving global IoT in construction market revenue growth

Steady market revenue growth rate can be attributed to increasing adoption of Internet-connected device in the construction industry to address common workplace concerns. The construction industry is increasingly deploying IoT technology in order to overcome flat productivity, more schedule overruns, decreased margins, and increasing competition in the industry.

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