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Construction Site Monitoring Systems Market Report 2024: Hardware and Software Insights for Bridge, Road & Building Construction, Among Other Applications [Yahoo! Finance]
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This Construction Site Monitoring System industry report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. The construction site monitoring system market size has grown rapidly in recent years. It will grow from $1.82 billion in 2023 to $2.11 billion in 2024 at a compound annual growth rate (CAGR) of 16%. The growth during the historic period can be attributed to increased demand for building materials, a growing need for remote monitoring of construction sites to enable immediate communication, advancements in construction site monitoring systems, government investments in infrastructure, and rising urbanization. The construction site monitoring system market size is expected to see rapid growth in the next few years. It will grow to $3.85 billion in 2028 at a compound annual growth rate
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