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Industry Landscape
The earthworks and construction technology industry is experiencing significant growth, driven by the increasing adoption of digital solutions like drone surveying, BIM, and data analytics. Focus is on improving efficiency, accuracy, and safety, addressing labor shortages, and optimizing project management. Integration of AI and IoT is further enhancing capabilities, making data-driven decision-making central.
Total Assets Under Management (AUM)
Construction Spending in United States
~Approximately $1.9 trillion (as of early 2024, subject to change)
(3.5% (projected 2024) CAGR)
- Residential and non-residential construction.
- Public and private projects.
- Includes new builds, renovations, and infrastructure.
Total Addressable Market
3.5 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Impactful Policy Frameworks
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