Press release
Global Construction Design Software Market Outlook 2023 - Estimated Market Size And Growth Rate | Oracle Corporation, Schneider Electric Industries SAS, SAP SE
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Construction Design Software Global Market Report 2023 identifies increasing demand for construction activities as the major driver for the Construction Design Software market's growth in the forecast period. The construction combines various elements to create a structure for a specific location, using a detailed design and plan. Construction companies utilize design software for 3D modeling, design collaboration, cost estimation, and schedule management to improve their projects' efficiency.
The global construction design software market is expected to grow from $8.84 billion in 2022 to $9.68 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The construction design software market is expected to reach $13.31 billion in 2027 at a CAGR of 8.3%.
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Major competitors in the Construction Design Software market are Oracle Corporation, Schneider Electric Industries SAS, SAP SE, Dassault Systemes S.A, Autodesk Inc.
A key trend in the Construction Design Software market includes technological advancement. Major companies operating in the construction design software market are adopting new technologies to sustain their position in the market.
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The Construction Design Software market is segmented -
• By Component: Software, Service
• By Deployment: On-Premises, Cloud
• By Application: Project Management And Scheduling, Project Design, Safety And Reporting, Field Service Management, Cost Accounting, Other Applications
• By End User: Architects And Builders, Remodelers, Designers, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Construction Design Software market.
The Business Research Company's "Global Construction Design Software Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Construction Design Software Market Include:
1. Executive Summary
2. Construction Design Software Market Characteristics
3. Construction Design Software Market Trends And Strategies
4. Construction Design Software Market - Macro Economic Scenario
5. Global Construction Design Software Market Size and Growth
……
32. Global Construction Design Software Market Competitive Benchmarking
33. Global Construction Design Software Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Construction Design Software Market
35. Construction Design Software Market Future Outlook and Potential Analysis
36. Appendix
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