BuiltWorlds’ latest series of research reports covers field solutions, the on-site tools and technologies that keep projects and jobsites running efficiently. A notable takeaway is the transformative surge of the reality capture market, driven by the integration of advanced AI technologies. Recent investments in reality capture solutions, with two-thirds incorporating AI, underscore the rapid adoption of these cutting-edge solutions. Additionally, survey data reveals three-quarters of respondents are utilizing site capture software, reflecting the growing reliance on these tools. Furthermore, half of the respondents are leveraging multiple providers for hardware and software components, highlighting a trend towards specialized solutions.

Reality Capture Market Expands With Advanced AI Technologies

In 2023 and 2024 alone, BuiltWorlds venture dashboard has tracked 18 investment rounds for reality capture technology solutions worldwide, 12 of which incorporate artificial intelligence.
Over three-quarters of 2024 Field Solutions Survey respondents indicated that they use site capture software to some extent.
Half of the respondents to this year's survey stated that they use one or more providers for reality capture hardware and a separate provider for the software components.

Contractors Are Testing Out Point Systems For Managing Site Logistics

Survey respondents identified 11 different technology solutions used for site logistics/site management purposes.
Out of the respondents who indicated using a solution to some degree, nearly half were piloting solutions. Several respondents who regularly use a site logistics/site management solution indicated they are piloting a solution in addition to their current solution.
Since 2021, BuiltWorlds has monitored the construction tech industry and identified 17 investments for 17 different companies with site logistics/site management or field management solutions.

Workforce Management Solution Ratings Improve Across All Evaluation Categories

There were significant jumps in ratings for adoption/utilization, collaboration with stakeholders, certification and compliance management, and labor productivity tracking.
Bridgit Bench emerged as the most implemented workforce management solution this year for the second year in a row and had the highest ratings across all solutions for ease of use, schedule planning & forecasting, and software platform UX/UI.