It's nearly impossible to find an industry that hasn't been heavily impacted by the impressive technological advances in the 21st century. Construction is no exception: In 2021, U.S. construction technology investor funding reached a record $2.1 billion by October—more than a 100% increase from a year ago, according to data from ConstructionDive.
With more than 70% of the global GDP estimated to be generated from construction by 2050, according to the World Economic Forum, this is a lucrative niche of the industry that we can expect to see grow as technology becomes more precise, more affordable and more available to everyday people.
Here are three construction technology trends to keep track of over the coming months and years.
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