The rate of digital disruption is escalating in almost every industry. However, despite being one of the fastest-growing industries globally—construction has been one of the last to get hit
Output from the global construction industry is expected to rise to $12.7 trillion in 2022, up from $10.6 trillion in 2017. Despite this promising outlook, the industry has gained only 1% of productivity in the last 20 years due to lack of digitization. This creates an opportunity for an added $1.6 trillion by innovating in this area.