The industrial revolution has mechanized the construction industry, but did not have the profound influence it had on most other industries. The digital revolution does have the potential to completely disrupt construction and replace current practices by digital and automated construction. This will, however, only happen when a number of developments converge. This report outlines what needs to happen and why. We analyzed the disruptive potential of eleven emerging technologies for the construction sector that are enabled by the digital revolution. Our analysis shows that there is growth potential for all actors in the construction value chain, but not for the value chain as a whole. Any actor in the industry that manages to create one coherent workflow using all of these developments together will seriously disrupt the construction industry and may well become the world’s first truly dominant construction multinational. Note: Lux analysts have reviewed this content in the last six months and deemed it still current and relevant. We will continue to periodically review content for recency and relevance, and will either archive or refresh this content as the situation requires. Please reach out to your Customer Success Manager if you have any further questions.
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