Global Construction and Heavy Equipment Telematics market is expected to reach $2.06B by 2030 at 14.2% CAGR, segmented by asset tracking, real-time location, geofencing, and route monitoring.
The Construction 4.0 market is projected to grow from $22.37 billion in 2025 to $56.43 billion by 2030 at a 20.3% CAGR driven by digital and automated construction adoption.
The construction market is projected to grow from $16,456.84 billion in 2025 to $21,735.71 billion by 2030 at a 5.9% CAGR driven by digital and sustainable building trends.
Global Connected Building market is expected to reach $142.4B by 2030 at 10.2% CAGR, driven by energy-efficient systems, cost reduction, and sustainability initiatives.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.