The global artificial intelligence in construction market was valued at approximately USD 2.93 billion in 2023 and is anticipated to reach USD 16.96 billion by 2030, growing at a CAGR of 26.9% from 2024 to 2030. This growth is fueled by the various advantages AI offers in the construction sector, including the prevention of cost overruns by forecasting budgets based on historical data and aiding in the development of predictive models aligned with project timelines. This efficiency renders mega-construction projects more cost-effective. Artificial intelligence (AI) also improves 3D model-based processes, lightening the workload for engineers, construction professionals, and architects. Additionally, it enhances project planning through robots that conduct 3D scans of construction sites, providing data that helps management tackle on-site issues. Another significant driver of this market is the enhanced risk control on job sites, which assures contractors and subcont...