InEight Global Capital Projects Outlook 2023

This report presents the InEight Global Capital Projects Outlook for 2023, marking its third edition. It outlines significant trends emerging in the global construction sector, highlighting the industry's resilience despite challenges such as labor shortages, supply chain disruptions, and cost inflation. The report indicates a growing confidence among industry professionals, with a notable increase in project certainty and optimism regarding technology's role in enhancing project outcomes. The methodology section details the survey conducted with 300 capital project and construction professionals across North America, Europe, and Asia-Pacific, assessing their confidence levels and the evolving nature of project delivery models. The findings reveal that while technology adoption is increasing, there remains a gap in fully leveraging connected data for improved decision-making. The report emphasizes the need for collaboration and communication within the industry to address ongoing challenges and seize opportunities for growth, particularly in sustainable building practices and digital technologies.