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The construction industry is much bigger than expected and progressing at a fast pace. There is massive involvement of technology for developing the infra. IoT in construction is one of the biggest and best examples.

For any country’s growth, construction is one of the backbone elements. Only that can invest in it who have good financial growth. But do you think – is developing infra enough? The answer may be partial from all readers; some will say yes, and some will say no. The correct answer is yes but with technology such as IoT.

IoT development companies are helping construction businesses to overcome existing challenges and have the better operational capability. This blog is created with the intention of sharing valuable information with users that what are the benefits of IoT in construction, key stats, the future of IoT in the construction industry, challenges, solutions, and more.

As a construction business owner, the complete information will help you make the right decision about IoT application development for your business. So, let’s start exploring the blog with some valuable basic information.

 

What is IoT?

 

What is IoT

 

The term IoT is an abbreviation for the Internet of Things technology. It combines the potential of software and hardware in a single unit where software, sensors, devices, and storage remain connected to perform any specific task. The operation takes place basis on activities like exchanging, generating, and operating data.

IoT applies to all industries, such as education, healthcare, manufacturing, and others. Including other industries, construction is one of the industries that leverage IoT in real-time for growth.

 

IoT in Construction

Do you have a question:

 

How is IoT used in construction?

Or

What does IoT mean in construction?

To understand the role of IoT in construction, you must go through all practical use cases. So here are some of the best examples of use cases of IoT in construction.

 

IoT in Construction

1. Supply Monitoring

IoT can work great for supply monitoring. You can easily monitor supplies with the help of RFID tags and sensors. The key term is JIT provisioning, aka Just In Time provisioning.

For example, suppose you have tagged all your supplies with RFID tags and set certain conditions with the stock. So, whenever supply goes low, it immediately triggers the request for ordering new supplies.

 

IOT CTA

2. Site Monitoring

Another use case is site monitoring. The construction work can’t be done with fewer resources and manpower. Conversely, there is always a safety threat hovering over construction sites. For monitoring the site, wearables and on-site sensors are the best.

The wearables are for labor (measuring health conditions, finding movement in the danger zone ) and construction professionals and on-site sensors to monitor the premise for finding potential threats.

 

3. Tools & Equipment Tracking

On any construction site, there are multiple tools and machinery works. Some of the tools and machinery need regular maintenance. Without any maintenance, the conditions can be gruesome.

In this condition, IoT sensors can help monitor the tools and equipment for better maintenance. Keeping an eye on performance is an extra advantage.

 

4. Building Information Modelling

Building information modeling stands for the process that allows the development of an intelligent building model so it can be mapped with the physical structure.

The IoT-enabled sensors can help to develop the construction site as per the model. BIM remains connected with IoT devices; in case any discrepancy occurs, the problem can be diagnosed immediately.

The above are key use cases of IoT in construction. The point is you can also leverage the IoT Technology for real estate app development by implementing any of the use cases or, based on the requirements; you can include all.

In addition to the above information, let’s proceed to the next section, which is about key stats of IoT in the construction industry. It will give insight into the involvement of technology in the construction sector.

 

IoT App Development Cost – An Analysis For 2023

 

Key Stats of IoT in The Construction Industry

 

Key Stats of IoT in The Construction Industry

 

The following key stats have been adopted from trusted markets research sites such as Statista, Alliedmarket Research, MarketandMarkets, and others.

  • The global IoT in construction market size was $12.3 billion and will reach $26.5 billion by 2027 with a CAGR of 16.5%.
  • North America holds the largest market share of IoT in construction. Its share percentage is 40.4%.
  • By 2031, the global IoT construction market will cross $34 billion by the end of the year.
  • The major key factors driving IoT in construction are safety and productivity for the forecast period of 2022-2030.

 

The Key Benefits of IoT In The Construction Industry

IoT has multiple benefits that make it one of the promising technology for the construction industry. Construction companies can leverage the advantages like increased connectivity, machine-to-machine connectivity, data collection from sensors, data analytics, and more.

Here is the list of key advantages of IoT in the construction Industry.

 

1. Safety

It is one of the biggest concerns of any construction company to ensure the safety of workers and save them from any man-made disaster. Although most construction sites follow all safety measures, accidents can happen.

The IoT sensors help in reducing the risk. If workers wear wearable sensors with their uniform, then the management is notified instantly in any alarming situation.

 

2. Resource Management

For any industry, resource management is a must for improving productivity. On a real-time basis results of using IoT in construction offers better results. The simplest example is the attendance of employees. With IoT, it is easy to take attendance of the resources.

Even with the help of sensors, it can be observed that a particular person is present at a particular section for how much time. Directly or indirectly, it can reduce the idleness of the employees.

 

Hire dedicated developers

 

3. Remote Management

With the help of  IoT technology  in the construction industry handling sites and the workforce is very easy. The best and simple example is Drone surveillance which facilitates responsible persons to surveillance of the site.

If RFID tags are used, then drones can also identify them. The Internet of things also helps monitor areas where a person can’t go before completion of the site.

 

4. Concrete Curing

Cement and concrete are the sole elements of any construction site. Concrete curing sensors can help in speeding up the construction process. Does it fetch the temperature of concrete? Yes, it helps in temperature probing. The embedded sensors track the curing while casting. Based on the received data on clouds, you can plan for the next phase.

The mentioned -above are key benefits of IoT in the construction industry and make a solid base for the use of IoT-powered construction management software.

 

Future Aspects of IoT In the Construction Industry

Although there is the early stage of using IoT in the construction industry future is bright will multiple possibilities as research in IoT sensors and technology is rapidly progressing. The decade 2022-2030 will involve IoT, AI, and ML.

There is tough competition in the real estate market, and new technologies are introduced overnight. So, as a business owner, it is your responsibility to equip your workforce with new devices and power technologies such as IoT.

For advancing your business, it will be advantageous to leverage digital practices. You can hire a mobile app developer and develop an IoT app to offer a new experience to the workforce. The whole game of business growth depends on better resource utilization.

For the same, Iot in construction can help you the best.

IoT is the best technology for the construction industry. It is useful for –

  • Monitoring
  • Survey
  • Data capturing from sensors
  • Reducing delays in site development
  • Resource management
  • Safety & Security

And more.

Due to the advantages, most real estate businesses are eager to adopt the IoT technology.

Additionally, the stats are also indicating ample growth in the upcoming time. The IoT in the construction market will be $26.5 billion by 2027. It is more compared to the previous year, 2022 ( $12.3 billion).

 

How IoT Affects The Future of Mobile App Development?

 

IoT in The Construction Industry: Challenges & Solutions

With the rise in demand for better accommodation in the population, the construction industry is on the rise, but certain challenges are also associated with it. The IoT can help to overcome challenges in the best way.

 

Challenges & Solutions

 

Here are some of the challenges IoT in construction helps construction/real-estate businesses overcome.

  • On-time Project Completion

The on-time delivery of the construction project is one of the biggest challenges for a real-estate business owner. The Internet of Things can help you to deliver the project on time, including better resource management.

 

  • Waste Management

Waste management is also a big concern for the real estate industry. While developing the site, waste happens every day in terms of cement, concrete, ceramic tiles, plumbing materials, and other waste. It can disrupt the environment. Here IoT Sensors can help you to watch over the waste quantity and also helps in recycling it.

 

  • Safety Concerns

Any accidents can happen during construction, such as protective gear failure, electric shock, fall from height, injuries from equipment, any collapse, or others. By implementing a good network of sensors, you can prevent disaster.

 

  • Site Administration

Poor project management can lead to delay or failure to project development. Especially when the project is large-sized, then administering the site is one of the big concerns in which IoT technology can help.

If there is an effective use of sensors, then a site administrator can look over all things via his screen. He can monitor the performance of the workforce, look over the machinery, do task scheduling, and more.

 

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The Fantastic Combination of Blockchain, AI, and IoT in the Construction Industry

You might be surprised that the blog’s central theme is the benefits of IoT in the construction industry, so here is the section that showcases that Blockchain, AI, and IoT can disrupt the current trends in the construction industry.

In combination, these three can do a wonderful job, and businesses can leverage them with real-time results. First of all, you need to remember the core qualities of all these three technologies, which are:

  • IoT: for real-time monitoring
  • AI: process automation
  • Blockchain: decentralize and secure network

When we use IoT for implementation, several devices remain connected and communicate with each other, and with the help of AI development with IoT, we can automate tasks. It is okay that you have implemented a combination of AI & IoT, but is it enough? Have you ever thought about data and network security?

What if someone has unauthorized access to the IoT Network? It can create a big disaster even more than our thoughts. If we implement blockchain development with the combination of AI and IoT in Construction, the results will be fantastic.

How to Implement IoT In Construction?

For implementing IoT in your current business practices, it would be best to know how to implement IoT in construction. The best idea is to consult with an IoT development company; they can guide you the best. But yes, the only condition is they must possess ample experience in developing IoT applications.

 

How to Implement IoT In Construction

 

You can leverage IoT development services for:

  • Site Monitoring
  • Machine Control
  • Real-estate Site Safety
  • Human Resources such as Labor, Supervisor management
  • Project Management
  • Data Collection( from devices, sensors, wearables for construction workers)

And more.

It will be advantageous to develop the application for any of the mentioned use cases above, and the best idea would be to hire dedicated developers.

The Final Thoughts

Internet of Things technology is a fantastic technology that offers multiple advantages to all industries. It supports use cases of almost all industries, such as construction, education, healthcare, manufacturing, and more.

Especially if we talk about IoT in construction, it contains more advantages such as seamless workflow and on-time construction site project completion. Suppose you are looking to develop an IoT app or software for construction.

In that case, it is recommended to consult with an experienced IoT development company with a proven track record in providing real-time IoT solutions. They can assist you the best to develop a solution in a well-defined way  as per your requirements.