Reports
06.11.2022
4
min READ
Explore market trends, growth forecasts, and digital transformation strategies in the construction industry.
Some og them being Covid 19 operational challenges, lack of workforce, inflation, the rising costs for most essential materials, etc.) and it is expected that it will face a short-term economic downturn, in the long-term, the industry should have positive and stable growth.
Although it is one of the largest and most specialized industries, it is still heavily undigitized and offers a variety of opportunities for startup founders, venture studios, and investors.
In order to enter the market from a digital angle, viable ideas should have the following attributes:
On a macro level, the divisive trends are a turn for more sustainability, scarcity of essential resources (e.g. sand, wood, steel), the decentralization of the workforce (remote supervision, use of drones/robots), general digitization, and new building and material techniques.
Venture Building Insights Report: Construction & Building will help you discover: