Recent Release | 01 Sep 2023

Digitalisation and Modern Methods of Construction

Economic Consulting Team

Oxford Economics

Digitalisation and modern methods of construction will support the decarbonisation of infrastructure and built assets.

Global Construction Futures is a major study of the global construction and engineering industry published by the renowned team of construction economists at Oxford Economics.

This Executive Summary with PwC distils key trends while the main report of almost 600 pages looks in detail and gives forecasts for all major construction and engineering markets globally. Forecasts are given for construction work done in each country as well as for the residential, non-residential, and civil engineering sectors over the next 15-year period to 2037.

Oxford Economics also separately provides a detailed dataset and forecasts of construction work done with annual data over more than a 25-year period from 2010 to 2037 with forecasts for 10 detailed subsectors. This dataset gives the size and growth of construction work done and gross output across some 80 countries globally representing over 95% of world output.

This report covers:


Paul Sloman, Partner, Engineering and Construction Sector Leader, PwC United Kingdom

Christopher Temple, Partner, Net Zero Transformation Leader, PwC United Kingdom

Daryl Walcroft, Partner, Global Engineering and Construction Sector Leader, PwC United State

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Related post


Why We Need to Decarbonise the Construction Value Chain

Many major economies have committed to becoming Net Zero by 2050, but few appear to have a coherent plan to fully decarbonise its construction sector.

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About the team

Our construction and industry teams are world leaders in quantitative economic and industry analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the-art techniques. Lead economists on this project are:

Graham Robinson
Graham Robinson

Global Infrastructure and Construction Lead

Jeremy Leonard

Managing Director of Global Industry Services

Nicholas Fearnley

Head of Global Construction Forecasting

1 out of 2

“The Aon Global Construction and Infrastructure Leadership Team was delighted to have worked in close partnership with Oxford Economics in developing Global Construction Futures – it is a powerful and analytical forecast and view of the future of construction and infrastructure. Global Construction Futures is a must read for all leaders and others across the sector.”

James MacNeal, Global Head of Construction and Infrastructure

2 out of 2

“Gleeds was pleased to have been a part of Global Construction Futures – it is a must-read for any leader or organisation with a footprint in the construction sector and gives a clear analysis of the key drivers for growth in global construction and infrastructure.”

Graham Harle, Chief Executive Officer

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