The COVID-19 pandemic will accelerate a dramatic transformation in the global construction industry: Digitalization, new manufacturing processes and materials, and increased mergers and acquisitions will fundamentally change the sector. The construction ecosystem, which includes not only construction companies but also developers, project planners, material suppliers, and equipment rental companies, currently generates $11 trillion in added value worldwide, with total profits of approximately $1.5 trillion. Additional profits of up to $265 billion annually are possible over the next 15 years. In the most transformed segments, such as residential and hotel construction, up to 451 trillion of the gross value added will be redistributed. More