IoT in Construction Market size, share & Forecast
The IoT in Construction Market is expected to grow at a faster CAGR over the forecast period (2020-2027). The factors driving growth of the IoT in Construction Market includes growing concerns related to safety of workers at construction site, increasing demand for smart glasses, wearable sensor, and safety vests, rising adoption of advanced technologies such as unmanned ariel vehicles and autonomous vehicles and improvements in the living standards. As per the Occupational Safety and Health Administration (OSHA), over 252,000 construction sites employee around 6.5 million people across United, repetitive motion injuries, insufficient protective equipment and collapsed scaffolding, at construction sites, are pushing the demand for IoT solutions in the construction industry. Moreover, IoT solutions offer enhanced safety, saves time and money, helps in streamlining processes, enables real-time reporting and increases lifespan of buildings, which are expected to create tremendous opport