Construction & Design Software Market worth $18.87 billion by 2030, growing at a CAGR of 9.18% - Exclusive Report by 360iResearch

The "Construction & Design Software Market by Function (Construction Estimation, Cost Accounting, Field Service Management), Deployment (Cloud, On-Premise), End-Use - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Construction & Design Software Market to grow from USD 10.20 billion in 2023 to USD 18.87 billion by 2030, at a CAGR of 9.18%.

Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/construction-design-software?utm_source=openpr&utm_medium=referral&utm_campaign=sample

Construction & design software is a comprehensive suite of digital tools and applications specifically tailored to facilitate various aspects of the engineering, architecture, and construction industry. These software solutions enable professionals in the field to streamline their workflows, enhance collaboration, improve decision-making processes, and optimize project outcomes by leveraging modern technology. With a focus on various stages of the construction lifecycle, such as conceptualization, planning, design, documentation, analysis, and management, these software programs play a critical role in bringing buildings and infrastructure projects to life efficiently and cost-effectively. The suite of solutions includes computer-aided design (CAD) tools, building information modeling (BIM) systems, project management applications, and cost estimation software. Increasing global population and urbanization driving demand for new constructions, rising demand for green buildings promoting sustainable practices, and stricter government regulations necessitating efficient compliance have been contributing to the growth of the market over the years. However, the market has faced challenges such as high initial investment costs presenting barriers to small-scale businesses with limited budgets, lack of skilled professionals inhibiting successful adoption of these systems, and data security risks associated with increased digitization. Moreover, recent technological advancements such as artificial intelligence (AI), machine learning (ML), cloud computing, and big data analytics that enhance construction software features have been presenting a lucrative future scope for the global construction & design software market.

The construction & design software market in the Americas has witnessed a significant expansion over the years with rapid technological advancements, increased government spending on infrastructure projects, and robust demand from both residential and commercial sectors. Factors such as smart city initiatives and increasing adoption of building information modeling (BIM) software by architectural firms are propelling the progress of the construction & design software market in the Americas. Meanwhile, the EMEA region presents a mixed scenario, with Europe contributing majorly in terms of the adoption of construction & design software. Increased focus on sustainable building practices and green construction within European countries is fueling demand for specialized software solutions to enhance energy efficiency and reduce carbon footprint. Furthermore, several digitalization initiatives within governments' strategic plans contribute to this surge. The Middle East and Africa showcase potential opportunities for construction & design software, with emerging economies investing heavily in their construction sectors. The APAC region demonstrates the immense potential for the construction & design software market as urbanization continues to propel development activities throughout major economies such as China, India, Japan, and Australia. Rapid industrialization coupled with substantial investment in infrastructure projects is creating a favorable environment for the adoption of advanced construction technologies across the region. Additionally, government initiatives, including India's Smart City Mission and China's Belt and Road Initiative, are expected to boost demand for construction & design software solutions in the coming years.

Market Segmentation & Coverage:

This research report categorizes the Construction & Design Software Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Function, market is studied across Construction Estimation, Cost Accounting, Field Service Management, On-Across Bid Management, Project Design, Project Management & Scheduling, and Safety & Reporting. The Field Service Management commanded largest market share of 18.04% in 2023, followed by Project Management & Scheduling.

Based on Deployment, market is studied across Cloud and On-Premise. The On-Premise commanded largest market share of 83.51% in 2023, followed by Cloud.

Based on End-Use, market is studied across Architects & Builders, Designers, and Remodelers. The Architects & Builders commanded largest market share of 56.78% in 2023, followed by Designers.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 39.49% in 2023, followed by Europe, Middle East & Africa.

Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/construction-design-software?utm_source=openpr&utm_medium=referral&utm_campaign=inquire

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Construction & Design Software Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Construction & Design Software Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Construction & Design Software Market, highlighting leading vendors and their innovative profiles. These include Autodesk, Inc., Bentley Systems, Incorporated, Buildertrend Solutions, Inc., Buildr, LLC, Cedreo, Computer Methods International Corp., Constellation Software Inc., Contractor Foreman, Corfix Inc., Dalux ApS, Dassault Systèmes SE, DATACAD LLC, Deltek, Inc., eSUB, Inc., Fonn AS, Gary Jonas Computing Ltd., Glaass Pty Ltd., Google LLC by Alphabet Inc., Hammer Technologies USA LLC, Hexagon AB, Hilti Corporation, Houzz Inc., IMAGINiT Technologies by Rand Worldwide, Inc., JobNimbus, Inc., JobTread Software, LLC, Knowify Inc., Leap, LLC, LetsBuild Group, Microsoft Corporation, monday.com Ltd., Nemetschek SE, Oracle Corporation, Procore Technologies, Inc., Projul Inc., Raken, Inc., RedTeam Software, LLC, Sage Group plc, SAP SE, Schneider Electric SE, Siemens AG, Sika AG, Simpro, Sitemate, SiteMax Systems Inc., SOFiSTiK AG, Tensar Corporation by Commercial Metals Company, Topcon Positioning Systems, Inc., Touchplan by MOCA Systems Inc., Trimble Inc., VIATechnik LLC, and Wrench solutions (P) Ltd.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Construction & Design Software Market, by Function
7. Construction & Design Software Market, by Deployment
8. Construction & Design Software Market, by End-Use
9. Americas Construction & Design Software Market
10. Asia-Pacific Construction & Design Software Market
11. Europe, Middle East & Africa Construction & Design Software Market
12. Competitive Landscape
13. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Construction & Design Software Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Construction & Design Software Market?
3. What is the competitive strategic window for opportunities in the Construction & Design Software Market?
4. What are the technology trends and regulatory frameworks in the Construction & Design Software Market?
5. What is the market share of the leading vendors in the Construction & Design Software Market?
6. What modes and strategic moves are considered suitable for entering the Construction & Design Software Market?

Read More @ https://www.360iresearch.com/library/intelligence/construction-design-software?utm_source=openpr&utm_medium=referral&utm_campaign=analyst

Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

This release was published on openPR.