The State of Digital Adoption
in Construction Report 2023
The construction and engineering industry is responsible for designing, building and maintaining landmarks around the world. The industry also plays a critical role in the functioning of modern economies by delivering buildings for health care, education, other sectors and other critical infrastructure.
Given the importance of the construction and engineering industry for the functioning of other industries in an economy, Autodesk has commissioned this research to analyse the trends impacting the industry and the level of digital adoption across Australia, Japan and Singapore.
The construction and engineering industry has faced significant challenges over the past three years. This includes widespread COVID lockdowns that shut down worksites and halted investment. Worksites are now open, but businesses have had to deal with supply shortages and rapid rises in material costs, along with significant labour shortages. The higher costs have resulted in reduced profitability for many businesses in the construction and engineering industry, which could potentially translate to increased business exits.