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As an expert construction recruitment agency, we can report that the worldwide construction industry market size was valued at $7.28 trillion in 2021. It is estimated to reach $14.41 trillion by 2030. More than 220 million people work in the construction industry, making up 7% of the global workforce.
While the impact of the COVID-19 pandemic continues to be observed across the Construction industry, increased infrastructure investments bode well and are likely to accelerate recovery. The industry has increased investments in digital, M&A activity has ramped up, and connected construction is helping the industry unlock new value streams, bringing assets, people, and processes onto one platform, making everyone and everything work smarter.
Speak to a Talent ExpertWith these transformations, the industry has exciting times ahead; however, leading organizations are continuing to grapple with labor shortages as the workforce landscape evolves. In addition, the industry is still trying to overcome the challenge of attracting workers at all levels. As a result, it is not only leading to projects being delayed, scaled back, and losing project bids but also limiting the focus on innovation and the ability to capitalize on digital transformations.
With a lack of qualified candidates, it is critical for organizations to assess and adapt existing talent strategies. With an experienced team of talent specialists in the Construction industry, CSG Talent works closely with leading organizations, helping them to navigate the workforce challenges by ensuring their talent strategies are shaped to attract the right technical and commercial talent. We have an exceptional track record in building leadership teams that can help key industry players emerge as winners.
Looking to Hire Senior Level Talent or to Progress Your Career in the Construction Industry?