In recent years, there has been a surge in the global digitization of corporate processes and concepts such as digital technology development which is growing at such a quick pace that the construction industry is struggling to catch up with latest developments. A formidable digital technology, artificial intelligence (AI), is recognized as an essential element within the paradigm of digital transformation, having been widely adopted across different industries. Also, AI is anticipated to open a slew of new possibilities for how construction projects are designed and built. To obtain a better knowledge of the trend and trajectory of research concerning AI technology application in the construction industry, this research presents an exhaustive systematic review of seventy articles toward AI applicability to the entire lifecycle of the construction value chain identified via the guidelines outlined by the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA). The review’s findings show foremostly that AI technologies are mostly used in facility management, creating a huge opportunity for the industry to profit by allowing facility managers to take proactive action. Secondly, it shows the potential for design expansion as a key benefit according to most of the selected literature. Finally, it found data augmentation as one of the quickest prospects for technical improvement. This knowledge will assist construction companies across the world in recognizing the efficiency and productivity advantages that AI technologies can provide while helping them make smarter technology investment decisions.