Abstract
This report provides current and forecast demographic data such as number of employees and number of firms for the construction industry. This is also broken down by size of construction business such as SOHO, Small Business, Middle-Market, and Enterprise. Construction industry subsegments are also detailed in the study, along with construction market trends, technology trends, applications driving spending, and the overall opportunities for technology vendors in the construction vertical.
The construction vertical is an upcoming opportunity for technology vendors, primarily due to the expected growth in wireless data adoption and growing demand for technology applications in the field. This vertical, while not highly targeted in the near-term, is expected to be a great opportunity for technology vendors looking to expand their vertical market program over the next several years or down the road. This industry is transitioning from a low-tech industry to one that is adopting wireless, the Internet, and collaboration tools to improve efficiencies, communications and overall project management in the construction industry.
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