According to Cognitive Market Research, the global Construction market size is USD 12415.3 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 4966.12 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 3724.59 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 2855.52 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 620.77 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 248.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The General Construction held the highest Construction market revenue share in 2024