The Latin America, Middle East and Africa IoT in Construction Market would witness market growth of 17.1% CAGR during the forecast period (2023-2029).
IoT applications can help with monitoring ongoing and impending costs associated with construction both on & off the job site. They offer precise, accurate data that can be tracked and documented. The best strategy for construction companies to adopt technology is to prioritize investments based on the areas where IoT may have the most immediate impact, as assessed by their unique requirements. Construction firms that do not immediately adapt to this digital change risk falling behind. IoT appears to have a promising future in the building sector.
Construction IoT sensors, also known as internet-connected sensors, are scattered around project sites and are used by personnel. The use of IoT in construction market enables the gathering of a variety of data types about activity, conditions, and performance on the job site as well as the transfer of this information to a central dashboard where it is analyzed to aid in making choices.
Brazil's most connected and smart city is Curitiba. Moreover, Curitiba was a leader in developing the first Bus Rapid Transit (BRT) system, a network of bus routes that revolutionized how citizens commuted throughout the city, in 1974. The residents of the city can use free internet in public spaces. As well as city navigation apps, urban farms, Fab Labs, and innovation clusters, Curitiba is focusing on other initiatives. To implement the SDGs, Curitiba is promoting the smart city movement to foster an environment that is creative and supportive of smart solutions. The adoption of IoT technology in construction would increase due to the rising smart city projects being undertaken in the region, supporting regional market expansion.
The Brazil market dominated the LAMEA IoT in Construction Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $622.1 million by 2029. The Argentina market is experiencing a CAGR of 17.8% during (2023 - 2029). Additionally, The UAE market would display a CAGR of 16.8% during (2023 - 2029).
Based on End User, the market is segmented into Non-residential and Residential. Based on Component, the market is segmented into Hardware, Software, Services and Connectivity. Based on Application, the market is segmented into Predictive Maintenance, Asset Monitoring, Wearables, Fleet Management and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide IoT in Construction Market is Projected to reach USD 30.2 Billion by 2029, at a CAGR of 14.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Autodesk, Inc., Advanced Opto-Mechanical Systems and Technologies Inc., CalAmp Corp, Hexagon AB, Hilti AG, Oracle Corporation, Topcon Corporation, Triax Technologies, Inc., Trimble, Inc., and Giatec Scientific Inc.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Non-residential
- Residential
By Component
- Hardware
- Software
- Services
- Connectivity
By Application
- Predictive Maintenance
- Asset Monitoring
- Wearables
- Fleet Management
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Autodesk, Inc.
- Advanced Opto-Mechanical Systems and Technologies Inc.
- CalAmp Corp
- Hexagon AB
- Hilti AG
- Oracle Corporation
- Topcon Corporation
- Triax Technologies, Inc.
- Trimble, Inc.
- Giatec Scientific Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA IoT in Construction Market, by End User
1.4.2 LAMEA IoT in Construction Market, by Component
1.4.3 LAMEA IoT in Construction Market, by Application
1.4.4 LAMEA IoT in Construction Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. LAMEA IoT in Construction Market by End User
4.1 LAMEA Non-residential Market by Country
4.2 LAMEA Residential Market by Country
Chapter 5. LAMEA IoT in Construction Market by Component
5.1 LAMEA Hardware Market by Country
5.2 LAMEA Software Market by Country
5.3 LAMEA Services Market by Country
5.4 LAMEA Connectivity Market by Country
Chapter 6. LAMEA IoT in Construction Market by Application
6.1 LAMEA Predictive Maintenance Market by Country
6.2 LAMEA Asset Monitoring Market by Country
6.3 LAMEA Wearables Market by Country
6.4 LAMEA Fleet Management Market by Country
6.5 LAMEA Others Market by Country
Chapter 7. LAMEA IoT in Construction Market by Country
7.1 Brazil IoT in Construction Market
7.1.1 Brazil IoT in Construction Market by End User
7.1.2 Brazil IoT in Construction Market by Component
7.1.3 Brazil IoT in Construction Market by Application
7.2 Argentina IoT in Construction Market
7.2.1 Argentina IoT in Construction Market by End User
7.2.2 Argentina IoT in Construction Market by Component
7.2.3 Argentina IoT in Construction Market by Application
7.3 UAE IoT in Construction Market
7.3.1 UAE IoT in Construction Market by End User
7.3.2 UAE IoT in Construction Market by Component
7.3.3 UAE IoT in Construction Market by Application
7.4 Saudi Arabia IoT in Construction Market
7.4.1 Saudi Arabia IoT in Construction Market by End User
7.4.2 Saudi Arabia IoT in Construction Market by Component
7.4.3 Saudi Arabia IoT in Construction Market by Application
7.5 South Africa IoT in Construction Market
7.5.1 South Africa IoT in Construction Market by End User
7.5.2 South Africa IoT in Construction Market by Component
7.5.3 South Africa IoT in Construction Market by Application
7.6 Nigeria IoT in Construction Market
7.6.1 Nigeria IoT in Construction Market by End User
7.6.2 Nigeria IoT in Construction Market by Component
7.6.3 Nigeria IoT in Construction Market by Application
7.7 Rest of LAMEA IoT in Construction Market
7.7.1 Rest of LAMEA IoT in Construction Market by End User
7.7.2 Rest of LAMEA IoT in Construction Market by Component
7.7.3 Rest of LAMEA IoT in Construction Market by Application
Chapter 8. Company Profiles
8.1 Autodesk, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Advanced Opto-Mechanical Systems and Technologies Inc.
8.2.1 Company Overview
8.3 CalAmp Corp.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.4 Hexagon AB
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.5 Hilti AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.5.5.3 Acquisition and Mergers:
8.6 Oracle Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Geographical Expansions:
8.6.6 SWOT Analysis
8.7 Topcon Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 Triax Technologies, Inc.
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Product Launches and Product Expansions:
8.9 Trimble, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Acquisition and Mergers:
8.10. Giatec Scientific Inc.
8.10.1 Company Overview
TABLE 1 LAMEA IoT in Construction Market, 2019 - 2022, USD Million
TABLE 2 LAMEA IoT in Construction Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– IoT in Construction Market
TABLE 4 Product Launches And Product Expansions– IoT in Construction Market
TABLE 5 Acquisition and Mergers– IoT in Construction Market
TABLE 6 Geographical Expansions – IoT in Construction Market
TABLE 7 LAMEA IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 8 LAMEA IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 9 LAMEA Non-residential Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Non-residential Market by Country, 2023 - 2029, USD Million
TABLE 11 LAMEA Residential Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Residential Market by Country, 2023 - 2029, USD Million
TABLE 13 LAMEA IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 14 LAMEA IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 15 LAMEA Hardware Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Hardware Market by Country, 2023 - 2029, USD Million
TABLE 17 LAMEA Software Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Software Market by Country, 2023 - 2029, USD Million
TABLE 19 LAMEA Services Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Services Market by Country, 2023 - 2029, USD Million
TABLE 21 LAMEA Connectivity Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Connectivity Market by Country, 2023 - 2029, USD Million
TABLE 23 LAMEA IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 24 LAMEA IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 25 LAMEA Predictive Maintenance Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Predictive Maintenance Market by Country, 2023 - 2029, USD Million
TABLE 27 LAMEA Asset Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Asset Monitoring Market by Country, 2023 - 2029, USD Million
TABLE 29 LAMEA Wearables Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Wearables Market by Country, 2023 - 2029, USD Million
TABLE 31 LAMEA Fleet Management Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Fleet Management Market by Country, 2023 - 2029, USD Million
TABLE 33 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 35 LAMEA IoT in Construction Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA IoT in Construction Market by Country, 2023 - 2029, USD Million
TABLE 37 Brazil IoT in Construction Market, 2019 - 2022, USD Million
TABLE 38 Brazil IoT in Construction Market, 2023 - 2029, USD Million
TABLE 39 Brazil IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 40 Brazil IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 41 Brazil IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 42 Brazil IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 43 Brazil IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 44 Brazil IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 45 Argentina IoT in Construction Market, 2019 - 2022, USD Million
TABLE 46 Argentina IoT in Construction Market, 2023 - 2029, USD Million
TABLE 47 Argentina IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 48 Argentina IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 49 Argentina IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 50 Argentina IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 51 Argentina IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 52 Argentina IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 53 UAE IoT in Construction Market, 2019 - 2022, USD Million
TABLE 54 UAE IoT in Construction Market, 2023 - 2029, USD Million
TABLE 55 UAE IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 56 UAE IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 57 UAE IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 58 UAE IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 59 UAE IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 60 UAE IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 61 Saudi Arabia IoT in Construction Market, 2019 - 2022, USD Million
TABLE 62 Saudi Arabia IoT in Construction Market, 2023 - 2029, USD Million
TABLE 63 Saudi Arabia IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 64 Saudi Arabia IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 65 Saudi Arabia IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 66 Saudi Arabia IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 67 Saudi Arabia IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 68 Saudi Arabia IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 69 South Africa IoT in Construction Market, 2019 - 2022, USD Million
TABLE 70 South Africa IoT in Construction Market, 2023 - 2029, USD Million
TABLE 71 South Africa IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 72 South Africa IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 73 South Africa IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 74 South Africa IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 75 South Africa IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 76 South Africa IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 77 Nigeria IoT in Construction Market, 2019 - 2022, USD Million
TABLE 78 Nigeria IoT in Construction Market, 2023 - 2029, USD Million
TABLE 79 Nigeria IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 80 Nigeria IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 81 Nigeria IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 82 Nigeria IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 83 Nigeria IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 84 Nigeria IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 85 Rest of LAMEA IoT in Construction Market, 2019 - 2022, USD Million
TABLE 86 Rest of LAMEA IoT in Construction Market, 2023 - 2029, USD Million
TABLE 87 Rest of LAMEA IoT in Construction Market by End User, 2019 - 2022, USD Million
TABLE 88 Rest of LAMEA IoT in Construction Market by End User, 2023 - 2029, USD Million
TABLE 89 Rest of LAMEA IoT in Construction Market by Component, 2019 - 2022, USD Million
TABLE 90 Rest of LAMEA IoT in Construction Market by Component, 2023 - 2029, USD Million
TABLE 91 Rest of LAMEA IoT in Construction Market by Application, 2019 - 2022, USD Million
TABLE 92 Rest of LAMEA IoT in Construction Market by Application, 2023 - 2029, USD Million
TABLE 93 Key Information – Autodesk, Inc.
TABLE 94 Key Information – Advanced Opto-Mechanical Systems and Technologies Inc.
TABLE 95 Key Information – CalAmp Corp.
TABLE 96 Key information – Hexagon AB
TABLE 97 Key Information – Hilti AG
TABLE 98 Key Information – Oracle Corporation
TABLE 99 key Information – Topcon Corporation
TABLE 100 Key Information – Triax Technologies, Inc.
TABLE 101 Key Information – Trimble, Inc.
TABLE 102 Key Information – Giatec Scientific Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Recent strategies and developments: Autodesk, Inc.
FIG 6 SWOT Analysis: Autodesk, Inc.
FIG 7 Recent strategies and developments: CalAmp Corp.
FIG 8 Recent strategies and developments: Hexagon AB
FIG 9 Recent strategies and developments: Hilti AG
FIG 10 SWOT analysis: Oracle Corporation
FIG 11 Recent strategies and developments: Trimble, Inc.