AI for Construction Progress Monitoring
Introduction Construction progress monitoring is a critical aspect of effective project management. It enables project stakeholders to check the status of a project and identify any delays or difficulties before they become significant problems. However, traditional methods of tracking progress can be time-consuming, expensive, and prone to human error. Fortunately, advancements in artificial intelligence (AI) provide a solution to these challenges. In this pillar page, we will explore how AI can improve construction progress monitoring and optimize project workflows. Current Market Scenario of AI in Construction According to a report by Markets and Markets, the global construction analytics market size is expected to grow from USD 1.2 billion in 2020 to USD 5.2 billion by 2025, at a CAGR of 34.8% during the forecast period. The report cites the increasing adoption of AI and machine learning technologies in the construction industry as a key driver for market growth. AI is being ...