Technological advancements disrupting the global construction industry

Coauthored by Eric Ottinger, Harshit Minglani and Mark Gibson FRICS, Ernst & Young LLP

Global construction trends and technological advancements

The world’s rapid transformation from manual processes to digital technologies is empowering the construction industry. Construction companies are now provided with unprecedented levels of transparency, choice and convenience. With enhanced capabilities, there is an increased demand for higher quality, greater safety and timely completion of projects. This influx of technological solutions is mitigating risks and streamlining the building production process. Digital innovations and megatrends continue to evolve and shape the future of the construction industry.

This research provides a high-level overview of the technology landscape and potential future state of the construction industry. This paper will focus on three core areas identified herein:

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