Content of the study
Digitalisation has already triggered far-reaching change in many sectors, and the construction industry is no exception. The digitalisation of construction sites in particular is becoming increasingly important, as it offers a wide range of benefits that can help to complete projects more efficiently and cost-effectively and improve the quality and safety of buildings.
The demand for construction services already exceeds the supply, which will become even scarcer due to the worsening shortage of skilled labour. Digitalisation through special software makes it possible to close the gap to some extent through more efficient processes and optimal use of resources. As the construction industry and existing buildings account for around 38% of annual CO2 emissions, an efficient construction industry will contribute to a massive decarbonisation of the building sector by increasing new construction and renovation activity. However, the greatest leverage for reducing CO2 emissions lies in building management, as this has the largest share in the building life cycle and therefore also in the emissions of the building sector. The leverage that software can offer in the area of building management and maintenance, e.g. through the intelligent control of heating systems, is correspondingly large.
This study looks at the opportunities that digitalisation offers for the construction industry and the building sector and highlights the potential for investors and software providers. In an industry that is still highly fragmented, the success factors lie in a buy-and-build approach, regional expansion, the provision of an end-to-end software solution and BIM capability.
PLEASE NOTE: The study is currently only available in German.