LATAM Construction Technology Market Size & Outlook, 2025-2033

LATAM Construction Technology Market Highlights

Market Strides analysis indicates that the LATAM Construction Technology Market size, which was USD 516.8 Million in 2024, is projected to attain USD 1,031.69 Million by 2033.
The market is expected to register a CAGR of 8.11% over the period 2025–2033.
In 2024, BIM emerged as the dominant By Technology based on market size.
IoT Platforms is projected to register the fastest growth, positioning it as the most attractive By Technology segment over the forecast horizon.

LATAM Construction Technology Market Overview

Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings

LATAM held 6.46% share of the global Construction Technology Market size in 2024.
United States is expected to remain the largest contributor to the global market by 2033.
By 2033, Argentina is anticipated to record the highest growth in LATAM, with the market size expected to reach USD 1063.95 Million.

Report Summary

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 516.8 Million
Market Size In 2033	USD 1,031.69 Million
Largest segment	BIM
Units	Revenue in USD Million
CAGR	8.11% (2025-2033)
Segmnetation Covered
LATAM	Brazil Mexico Argentina Colombia Chile
By Technology	BIM AI & Robotics 3D Printing IoT Platforms
By Stakeholder	Contractors Architects Owners
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

LATAM Construction Technology Market Country 2025-2033 (USD Million)

LATAM	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Brazil	XX.x	XX.x	XX.x	197.21	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Mexico	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Argentina	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Colombia	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Chile	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

LATAM Construction Technology Market By Technology 2025-2033 (USD Million)

By Technology	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
BIM	XX.x	XX.x	XX.x	247.44	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
AI & Robotics	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
3D Printing	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
IoT Platforms	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

LATAM Construction Technology Market By Stakeholder 2025-2033 (USD Million)

By Stakeholder	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Contractors	XX.x	XX.x	XX.x	255.09	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Architects	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Owners	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Author :

Market Strides Research Team

The Market Strides Research Team delivers concise, data-driven insights across Construction & Manufacturing, Energy & Power, and Machinery & Equipment markets. With expertise covering materials, machinery, automation, infrastructure, power systems, renewables, and industrial technologies, the team provides reliable research and clear market intelligence for global businesses and decision-makers.