What Growth Opportunities Exist in the Building Construction Industry?
Industry-specific facilities and smart cities to steer transformative growth of building construction
Building construction will continue to undergo rapid change and advancement, thanks to the ever-increasing awareness and adoption of digital technologies. For instance, AI and machine learning (ML) are commonly applied in project management, resource planning, and maintenance of building construction equipment. 2025 will be a profound year with geopolitical chaos impacting building construction. The new US government, wars and conflicts in Europe and the Middle East, and technological competition between China and the United States could lead to supply chain disruptions, further escalation of project costs, and skilled labor shortages for building construction.
- Why will sustainability and energy efficiency remain important game changers and priorities for building construction advancements and growth potential?
- How can stakeholders continue to embrace climate change strategies as a megatrend impacting the overall building industry and achieve growth?
- What are the important growth opportunities impacting building construction in 2025?