Construction Management Software Market Analysis Focusing on Top Key Players - Procore Technologies, Inc., RIB Software SE (Schneider Electric), Bentley Systems, Inc., Contractor Foreman, BPA Solutions, Fortive, Trimble Inc. (Viewpoint), Oracle

Global Construction Management Software Market Analysis and Forecast 2019-2028

Market Introduction

The construction management software market is expected to grow at a considerable rate of more than 15% during the forecast period of 2022-2028, mainly driven by a rise in IT spending by construction organizations. Construction management software support for the construction organizations and contractors in a wide range of activities, including project management, financials, people management, storing documents, activity management, machinery, reservations, etc. Globally, management software for the construction industry is becoming a promising solution and attracting more capital from investors. As a result, a large number of start-ups have come up with innovative and niche solutions in the construction management software market. Moreover, the companies operating in the market are operating with a margin of 20% to 40%.

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Market Segmentation

The global construction management software market has been segmented on the basis of type, end user, purpose, project value, and region. Based on type the market is segmented into Web Application, Mobile Application, and Cloud or Server-based Application. On the basis of end user the market is categorized into individual, residential, municipalities, commercial & non-residential, industrial, and infrastructure. The Individual segment is further segmented into Consultants, Sub-contractors, Remodelers, and General contractors/Builders. The residential segment is further divided into single-family and multifamily. Commercial & non-residential is further segmented into Hospitals, Offices, and Other Public Spaces. Infrastructure is further segmented into Roads, Railways, Airports, Solar Farms, and Marine, Landfills, and others. Based on purpose, the market is categorized into All-in-one, Construction Accounting and Job Costing Software, Construction Bid Management Software, Construction CRM, Construction Document Management, Construction ERP, Construction Project Management, Construction Field Management Software, and Others (Workflow management, safety, and quality management, etc.). On the basis of project value, the market is segmented into Up to US$ 500 Million, US$ 500 Million to US$ 1,000 Million, and More than US$ 1,000 Million. On the basis of region, the global construction management software market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and Middle East & Africa. North America and Europe dominate the global construction management software market.

Market structure and Competitive Landscape

The global construction management software market has a lot of players across the world, including global as well as regional. The global construction management software market is highly fragmented, with leading companies accounting for a meager share. Some of the prominent players that contribute significantly to the global construction management software market include Procore Technologies, Inc., RIB Software SE (Schneider Electric), Bentley Systems, Inc., Contractor Foreman, BPA Solutions, Fortive, Trimble Inc. (Viewpoint), Oracle, Archdesk, Nexvia, Builderhead, Nemetschek Group, Capmo GmbH, RedTeam, among others.

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In recent times, industry consolidation has been observed in the construction management software market. It has been observed that global players are on a spree to merge small and domestic companies.

Players involved in the global construction management software market adopt various strategies to increase the market share and gain a competitive edge over competitors. New product and software launches, mergers, and acquisitions are some of the strategies followed by the market players.

Some of the key developments in the global construction management software market include:

In May 2019, the San Diego-based software developer eSub Construction Software raised US$ 12 million in financing for its project management platform for contractors.

In 2018, Fortive, a diversified industrial group, acquired Gordian, a construction software company, from Warburg Pincus and Education Growth Partners for approximately US$ 775 million in cash.

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Table of Content

Chapter One: Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation

Chapter Two: Assumptions and Acronyms

Chapter Three: Executive Summary

3.1. Global Market in2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends

Chapter Four: Research Methodology

Chapter Five: Analysis of COVID-19 Impact and Road Ahead

Chapter Six: Market Indicators and Background

6.1. Macro-Economic Factors
6.1.1. Global Population Overview and Forecast
6.1.2. Global Internet User by Region
6.1.3. Per Capita Income by Select Countries
6.1.4. Global Construction Industry Size
6.1.5. Consumer Spending on Construction Management Software by Region
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players expenditures, economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.3.1. Construction Management Software Providers
6.3.2. Key End Users
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter's Five Forces Analysis

Chapter Seven: Government Laws and Industry Regulations

Chapter Eight: Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities

Chapter Nine: Global Construction Management Software Market: Key Investment Analysis

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