Architecture, Engineering and Construction (AEC) Market to reach US$ 16.0 Trillion by 2031 | Market Size, Share, Growth, Forecast and Outlook | key Players:- Ansys, Inc, Autodesk Inc., Aveva Group Limited.

Global Architecture, Engineering and Construction (AEC) Market reached US$ 12.3 Trillion in 2023 and is expected to reach US$ 16.0 Trillion by 2031, growing with a CAGR of 3.4% during the forecast period 2024-2031.

The AEC market is growing due to rapid urbanization, rising infrastructure investments, smart city projects, population growth, technological adoption (BIM, AI), sustainability mandates, and increased demand for residential, commercial, and industrial construction across both developed and emerging economies.

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United States: Key Industry Developments:-
✅ December 2025: Marvell Technology launched the Golden Cable initiative, a strategic program to accelerate the active electrical cable (AEC) ecosystem for hyperscaler AI deployments, offering software, reference designs, and support for faster market entry.​

✅ October 2025: Advaiya highlighted AEC trends including mandatory BIM adoption, digital twins, and AI integration in design and construction, signaling a shift toward smarter, sustainable practices post-pandemic.​

✅ June 2025: Hexagon outlined key AEC trends like sustainability focus, mega-projects, advanced BIM for automation, and AI for predictive maintenance, driven by digital infrastructure and workforce optimization needs.​

Japan: Key Industry Developments:-
✅ September 2025: AEC Magazine conducted its annual workstation survey targeting Japanese professionals, gathering insights on hardware usage to inform trends in high-performance computing for design and engineering workflows.​

✅ April 2025: The Environmental Design, Material Science, and Engineering Technologies conference launched in Japan, fostering advancements in simulation methods and sustainable materials critical to AEC innovation.​

✅ February 2025: Japanese researchers published a socio-technical agent-based model for AEC adoption, achieving high prediction accuracy using datasets, to guide technology integration in construction processes.

2025 M&A Activity:-
LJA Engineering, Inc. merged with C E Group, Inc. (CEG) on September 22, 2025, expanding its North Carolina operations and land development capabilities with nearly 40 new employees operating under the LJA brand.​

REI Utility Services acquired Torlan Engineering on September 17, 2025, enhancing technical depth in power systems protection, protective relaying, automation, SCADA engineering, and substation design across Texas and Oklahoma markets.​

Ardurra Group, Inc. acquired Perteet Inc. on September 15, 2025, adding transportation design, utility/site engineering, environmental services, transit design, and construction management expertise from Perteet's six Washington offices.

Growth Forecast Projection:-

The Architecture, Engineering and Construction (AEC) Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:-

Both primary and secondary data sources have been used in the Architecture, Engineering and Construction (AEC) Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Demand for building projects, such as infrastructure development and commercial, residential and industrial construction is growing due to the global economic expansion. The expansion of the AEC industry is facilitated by investments in businesses, private real estate development and public infrastructure. The need for housing, infrastructure and commercial facilities in urban areas rises as a result of rapid urbanization and population expansion. AEC services are required as a result of urbanization to plan, design and develop infrastructure and structures to support expanding urban populations.

Architecture, Engineering and Construction (AEC) Market Major Players
The major global players in the market include Ansys, Inc, Autodesk Inc., Aveva Group Limited, Bentley Systems Inc., Dassault Systèmes, Hexagon AB, Nemetschek Group, Newforma, Inc., Trimble Inc. and 4M.

Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Market segmentation-

By Component- Software, Services
By Deployment- On-Premise, Cloud-Based
By Enterprise- Small and Medium-Sized Enterprises, Large Enterprise
By End-User- Constructure and Architecture, Education, Civil Infrastructure, Oil & Gas, Others

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FAQ's-
1. What is driving the growth of the AEC market?
The AEC market is driven by factors like urbanization, growing demand for infrastructure & buildings, and increasing adoption of AEC software like BIM and VDC.

2. Which region is leading the AEC market growth?
The Asia-Pacific region is leading the AEC market due to factors like rising urbanization, green building initiatives, and government investments in infrastructure.

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