$15 trillion – that’s the projected size of the construction market by 2030, up from $8 trillion today. A recent study expects that 75% of the infrastructure that will exist in 2050 does not exist today. Employing more than 40 million people, the construction sector in India is the country’s second-largest economic segment. Infrastructure projects are major demand drivers in the Indian construction industry accounting for an estimated 49% of industry value followed by real estate and housing at 42%, and industrial projects at 5%.
How can you prepare your business to keep pace with this exponential growth potential in the industry? By placing intelligent technologies like artificial intelligence (AI) and machine learning (ML) at the foundation of your business. Face the industrialization of construction to drive reliable outcomes and improve margins by boosting productivity and eliminating waste with SAP S/4HANA.