Construction Management Software Market Size to rise at 15% CAGR through 2028 | Top Companies Oracle Corporation, Procore Technologies, Schneider Electric SE, Bentley Systems, Fortive Corporation

The business analytics report titled 'Global Construction Management Software Market' available with MarketStudyReport, asserts that global construction management software market is estimated to witness a sturdy growth of more than 15% during 2022-2028, and subsequently amass a sustainable valuation by the end of the forecast period.

Global construction management software market expansion prospects are expected to be unearthed at a magnanimous scale during 2022-2028, primarily due to the increasing integration of IT within construction sectors of the current era.

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In addition, this software showcases promising signs of aiding officials within the construction industry with project management, storing documents, financials, activity and machinery ledgers, personnel management and reservation, among other such tasks.

As a consequence, many organizations across the globe are directing their funds toward procuring robust construction management software that is bound to uncover new opportunities for broadening the horizons of the industry in the forthcoming years.

Based on type, the marketplace is bifurcated into cloud or server-based application, mobile application, and web application.

The competitive hierarchy of global construction management software industry is defined by multinational corporations such as Capmo GmbH, Nemetschek Group, RedTeam Security, Nexvia, Archdesk, Builderhead, Oracle Corporation, Trimble Inc., Procore Technologies, Inc., Schneider Electric SE, Bentley Systems, Inc., Fortive Corporation, and BPA Solutions S.A.

Considering purpose, the business sphere is fragmented into construction field management software, construction project management, construction CRM, construction ERP, construction accounting and job costing software, construction document management, all-in-one, and others (workflow management, safety, and quality management).

In terms of project value, global construction management software market is segmented by up to USD 500 million, from USD 500 million to USD 1000 million, and more than USD 1000 million.

On the basis of end user, the industry space is segregated into individual (remodelers, sub-contractors, consultant, general contractors/builders), residential (multi-family, single family, municipalities), commercial & non-residential (airports, hospitals, offices, railways, roads, infrastructure, industrial, other public spaces, landfills, marine and others, solar farms).

From a geographical standpoint, North America, Asia Pacific, Eastern Europe & Western Europe, Latin America, and Middle East & Africa are the key regions that are objectively analyzed on the basis of their overall share in total revenue.

Questions and Answers: -

Question 1. What are the major factors augmenting global construction management software market growth?

Answer 1. Increasing integration of IT in construction sector is a primary factor augmenting global construction management software market growth.

Question 2. Which are the key regions contributing substantially to global construction management software market revenue?

Answer 2. North America, Asia Pacific, Eastern Europe & Western Europe, Latin America, and Middle East & Africa are the key regions contributing substantially to global construction management software market revenue.

Question 3. Which are the major players influencing global construction management software market trends?

Answer 3. Capmo GmbH, Nemetschek Group, RedTeam Security, Nexvia, Archdesk, Builderhead, Oracle Corporation, Trimble Inc., Procore Technologies, Inc., Schneider Electric SE, Bentley Systems, Inc., Fortive Corporation, and BPA Solutions S.A. are the major players influencing global construction management software market trends.

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