Construction Software Market - Revenue and Comprehensive Research Study till 2023

0
0

The global construction software market is predicted to touch USD 2715.6 million at an 8.8% CAGR over the forecast period (2017-2023), states the new Market Research Future (MRFR) report. Construction software, simply put, is a collection of processes, information, and programs used for performing different tasks in building or assembling an infrastructure or structure to increase competitiveness, efficiency, and productivity. Tasks that were previously administered by the project architect, construction engineer, design engineer, and project manager can now be performed through construction software applications. The financial visibility feature of the construction software helps to control expense and estimate costs on projects. Construction software contains a list of programs that are used by architects, foremen, and real estate moguls for simplifying different processes in the construction industry.

Get Free Sample at: https://www.marketresearchfuture.com/sample_request/6189 

Market Segmentation

The Market Research Future report provides a wide segmental analysis of the construction software market based on application and product.

Based on product, the construction software market is segmented into on-premise, web-based, and cloud-based. Of these, the on-premise segment will have the largest share in the market over the forecast period. Increasing need to improve business productivity, need for higher customization, and the urgent need for controlling data security in the organization are pushing market growth.

Based on application, the construction software market is segmented into sub-contractors, independent construction managers, building owners, and general contractors. Of these, the general contractors segment will dominate the market over the forecast period, followed by independent construction managers, which are estimated to grow at the fastest CAGR.

Regional Analysis

Based on the region, Construction Software Market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), Europe, North America, and the Rest of the World (RoW). Of these, North America will dominate the market over the forecast period. This is owing to increasing adoption of cloud technology and need to reduce paperwork and design time. The US is the key contributor here. The public sector here is investing heavily in the construction industry, which is creating higher opportunities for software providers. Moreover, Canada is also contributing due to the growing number of long-term infrastructure plans there.

The construction software market in the APAC region is predicted to grow at the fastest pace over the forecast period. This is owing to the quick development of public infrastructure, coupled with increased investment in smart city projects. Main sectors using construction software include housing, healthcare, transportation, and infrastructure. The construction sector in this region is predicted to flourish owing to the development of infrastructural projects such as water/sewerage plants, transportation projects, and electricity works. Besides, governments here are pushing the construction sector to adopt new technology and construction software.

The construction software market in Europe will have a notable growth over the forecast period owing to organizations being involved in construction, engineering, and architecture. Moreover, increasing cost-saving needs and strict government initiatives play an imperative role in pushing market growth in this region.

Key Players

Leading players profiled in the construction software market report include Comprotex Software Inc., Constellation Software Inc., Trimble Inc., Oracle Corporation, Sage Group PLC, Turtle Creek Software, iSqFt, Procore Technologies, Builder MT, and Builder TREND, among others. The key players have acquired certain strategies to maintain their foothold in the market, such as expansion, mergers and acquisitions, product innovations, and more.

Browse More Details on Report at: https://www.marketresearchfuture.com/reports/construction-software-market-6189

About Market Research Future: 

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact:

+1 646 845 9312

Email: sales@marketresearchfuture.com

Blog: http://mrfrblog.com/

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.