Construction Software Market by Software Type (Bid & Contract Management, Construction Estimation, Cost Accounting), Deployment (On-Cloud, On-Premise), End-User - Global Forecast 2024-2030

Construction Software Market by Software Type (Bid & Contract Management, Construction Estimation, Cost Accounting), Deployment (On-Cloud, On-Premise), End-User - Global Forecast 2024-2030


The Construction Software Market size was estimated at USD 2.73 billion in 2023 and expected to reach USD 2.98 billion in 2024, at a CAGR 10.40% to reach USD 5.46 billion by 2030.Construction software plays a significant role in handling and managing complicated procedures in the construction sector. Construction software advances the industry by facilitating simpler process management, quicker project completion, and a larger return on investment for the business. The elevating number of commercial and residential projects worldwide is expanding the need for construction software requirements. However, constant training and subject experts may reduce the use of construction software solutions. Nevertheless, the integration of emerging advanced technologies and the surging need for real-time communication creates enormous future construction software opportunities.Regional InsightsAdvancements in the 5G infrastructure and integration of innovative technologies, such as AI and VR, in American and European countries create lucrative opportunities for the market. According to the Associated General Contractors of America (AGC), the construction software sector employs more than 7 million people across more than 733,000 businesses, creating nearly USD 1,4 trillion of structures annually. The construction software market is also expected to witness tremendous growth in Asia-Pacific due to advancing construction activities and the adoption of advanced technologies in building development. Moreover, several prominent market players, such as Procore Technologies, Inc. and Assignar, have expanded their presence in the European market to bring all construction operations under one view, making it particularly effective for highly regulated verticals. Vendors also plan to bring improved processes to the construction industry by modifying the existing software tools.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Construction Software Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Construction Software Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Construction Software Market, highlighting leading vendors and their innovative profiles. These include ACCA software S.p.A., Adeaca Corp., Algorithms Software Pvt. Ltd., Astral Technologies, Autodesk, Inc., Bentley Systems, Incorporated, BrickControl by Desarrollos Informaticos SHM SL, Buildertrend Solutions, Inc., Buildxact, Clear Estimates, Inc., ClockShark, LLC, Computer Methods International Corp., Constellation Software Inc., Contractor Foreman, ECI Software Solutions, Inc., Epicor Software Corporation, EZOfficeInventory by Ezo, FARO Technologies, Inc., Finalcad SARL, Fresnel Software Corporation, Heavy Construction Systems Specialists LLC, Houzz Inc., Hyphen Solutions, LLC, Intuit Inc., ITAakash Strategic Soft.(P) Ltd., Micromen Software Solutions Pvt. Ltd., MiTek Industries, Inc., monday.com Ltd., MYOB Group, Netsense Business Solutions by Censof Holdings Berhad, Newforma, Inc., Nexvia Operations Pty Ltd., Novade Solutions Pte Ltd., Odoo SA, Oracle Corporation, Plexxis Software Inc., Procore Technologies, Inc., Projectmates by Hexagon AB, Raken, Inc., Roper Technologies, Inc., Sage Group PLC, SAP SE, Smartsheet Inc., STACK Construction Technologies, ToolHound Inc., Trimble Inc., UDA Technologies, Inc., V Plan, Vectorworks, Inc. by Nemetschek SE, and Wrike, Inc. by Citrix Systems, Inc..

Market Segmentation & Coverage


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

Software Type
Bid & Contract Management
Construction Estimation
Cost Accounting
Field Service Management
Project Design & Modeling
Project Management & Scheduling
Safety & Reporting
Deployment
On-Cloud
On-Premise
End-User
Automatic Exposure Control (AEC) Professionals
Builders & Contractors
Construction Managers
Consultants
Engineers & Architects
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Construction Software Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Construction Software Market?
3. What are the technology trends and regulatory frameworks in the Construction Software Market?
4. What is the market share of the leading vendors in the Construction Software Market?
5. Which modes and strategic moves are suitable for entering the Construction Software Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Construction Software Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising need to manage all aspects of construction project efficiently and effectively
5.1.1.2. Proliferating growth of residential and commercial buildings globally
5.1.1.3. Increase in adoption of cloud-based construction software
5.1.2. Restraints
5.1.2.1. Concern regarding subject experts and associated technical difficulties
5.1.3. Opportunities
5.1.3.1. Surge in integration of construction software with building information modeling for better collaboration and problem solving
5.1.3.2. Surging need for real-time communications and collaborations in building and construction sector
5.1.4. Challenges
5.1.4.1. Requirements of high upfront cost and constant training and updates
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Construction Software Market, by Software Type
6.1. Introduction
6.2. Bid & Contract Management
6.3. Construction Estimation
6.4. Cost Accounting
6.5. Field Service Management
6.6. Project Design & Modeling
6.7. Project Management & Scheduling
6.8. Safety & Reporting
7. Construction Software Market, by Deployment
7.1. Introduction
7.2. On-Cloud
7.3. On-Premise
8. Construction Software Market, by End-User
8.1. Introduction
8.2. Automatic Exposure Control (AEC) Professionals
8.3. Builders & Contractors
8.4. Construction Managers
8.5. Consultants
8.6. Engineers & Architects
9. Americas Construction Software Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Construction Software Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Construction Software Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Merger & Acquisition
12.3.1.1. Hexagon strengthens its construction software offering for asset owners with the acquisition of Projectmates
12.3.1.2. Trimble Acquires B2W Software to Expand its Civil Construction Portfolio
12.3.2. Agreement, Collaboration, & Partnership
12.3.2.1. eTakeoff Announces Partnership with Togal.AI
12.3.2.2. Inpensa Announces Partnership With Procore to Deliver Its Integrated Capital Planning Solutions
12.3.2.3. Project Partners Joins Kahua Partner Network for Implementation Services
12.3.3. New Product Launch & Enhancement
12.3.3.1. Autodesk to Launch Construction-Specific Cloud Collaboration Platform
12.3.4. Investment & Funding
12.3.4.1. To be able to copy & paste content to share with others please contact us at [email protected] to upgrade your subscription to the appropriate license
12.3.4.2. Software firm Beti raises $11M, eyes US expansion
12.3.5. Award, Recognition, & Expansion
12.3.5.1. Procore Launches in Germany to Expand Growth Across Europe
12.3.5.2. Assignar Kicks Off Expansion Plans with Launch into the UK Construction Market
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. ACCA software S.p.A.
13.1.2. Adeaca Corp.
13.1.3. Algorithms Software Pvt. Ltd.
13.1.4. Astral Technologies
13.1.5. Autodesk, Inc.
13.1.6. Bentley Systems, Incorporated
13.1.7. BrickControl by Desarrollos Informaticos SHM SL
13.1.8. Buildertrend Solutions, Inc.
13.1.9. Buildxact
13.1.10. Clear Estimates, Inc.
13.1.11. ClockShark, LLC
13.1.12. Computer Methods International Corp.
13.1.13. Constellation Software Inc.
13.1.14. Contractor Foreman
13.1.15. ECI Software Solutions, Inc.
13.1.16. Epicor Software Corporation
13.1.17. EZOfficeInventory by Ezo
13.1.18. FARO Technologies, Inc.
13.1.19. Finalcad SARL
13.1.20. Fresnel Software Corporation
13.1.21. Heavy Construction Systems Specialists LLC
13.1.22. Houzz Inc.
13.1.23. Hyphen Solutions, LLC
13.1.24. Intuit Inc.
13.1.25. ITAakash Strategic Soft.(P) Ltd.
13.1.26. Micromen Software Solutions Pvt. Ltd.
13.1.27. MiTek Industries, Inc.
13.1.28. monday.com Ltd.
13.1.29. MYOB Group
13.1.30. Netsense Business Solutions by Censof Holdings Berhad
13.1.31. Newforma, Inc.
13.1.32. Nexvia Operations Pty Ltd.
13.1.33. Novade Solutions Pte Ltd.
13.1.34. Odoo SA
13.1.35. Oracle Corporation
13.1.36. Plexxis Software Inc.
13.1.37. Procore Technologies, Inc.
13.1.38. Projectmates by Hexagon AB
13.1.39. Raken, Inc.
13.1.40. Roper Technologies, Inc.
13.1.41. Sage Group PLC
13.1.42. SAP SE
13.1.43. Smartsheet Inc.
13.1.44. STACK Construction Technologies
13.1.45. ToolHound Inc.
13.1.46. Trimble Inc.
13.1.47. UDA Technologies, Inc.
13.1.48. V Plan
13.1.49. Vectorworks, Inc. by Nemetschek SE
13.1.50. Wrike, Inc. by Citrix Systems, Inc.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. CONSTRUCTION SOFTWARE MARKET RESEARCH PROCESS
FIGURE 2. CONSTRUCTION SOFTWARE MARKET SIZE, 2023 VS 2030
FIGURE 3. CONSTRUCTION SOFTWARE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. CONSTRUCTION SOFTWARE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. CONSTRUCTION SOFTWARE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. CONSTRUCTION SOFTWARE MARKET DYNAMICS
FIGURE 7. CONSTRUCTION SOFTWARE MARKET SIZE, BY SOFTWARE TYPE, 2023 VS 2030 (%)
FIGURE 8. CONSTRUCTION SOFTWARE MARKET SIZE, BY SOFTWARE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. CONSTRUCTION SOFTWARE MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
FIGURE 10. CONSTRUCTION SOFTWARE MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. CONSTRUCTION SOFTWARE MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 12. CONSTRUCTION SOFTWARE MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS CONSTRUCTION SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS CONSTRUCTION SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES CONSTRUCTION SOFTWARE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES CONSTRUCTION SOFTWARE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC CONSTRUCTION SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC CONSTRUCTION SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA CONSTRUCTION SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA CONSTRUCTION SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. CONSTRUCTION SOFTWARE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. CONSTRUCTION SOFTWARE MARKET SHARE, BY KEY PLAYER, 2023

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