Global Construction Data Analytics Software Market Growth (Status and Outlook) 2024-2030
Construction data analytics software, also referred to as construction business intelligence (construction BI), captures real-time data from construction projects and provides insights into the status and performance of projects.
The global Construction Data Analytics Software market size is projected to grow from US$ 10990 million in 2023 to US$ 22660 million in 2030; it is expected to grow at a CAGR of 10.9% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Construction Data Analytics Software Industry Forecast” looks at past sales and reviews total world Construction Data Analytics Software sales in 2023, providing a comprehensive analysis by region and market sector of projected Construction Data Analytics Software sales for 2024 through 2030. With Construction Data Analytics Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Construction Data Analytics Software industry.
This Insight Report provides a comprehensive analysis of the global Construction Data Analytics Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Construction Data Analytics Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Construction Data Analytics Software market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Construction Data Analytics Software and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Construction Data Analytics Software.
Some of the future market trends of Construction Data Analytics Software are:
Increasing adoption of Building Information Modeling (BIM) technology, which is a digital representation of a building’s physical and functional characteristics. BIM software enables construction professionals to design, construct, and manage buildings more efficiently and collaboratively. BIM software is expected to drive the demand for Construction Data Analytics Software in the coming years.
Growing popularity of cloud-based construction management software, which offers lower operational costs, higher flexibility, and better scalability than traditional software packages. Cloud-based software solutions also enable easy integration of data from multiple sources and devices, as well as real-time access and collaboration among stakeholders. Cloud-based construction software is expected to account for a larger share of the Construction Data Analytics Software market in the future.
Rising use of augmented reality (AR) and virtual reality (VR) technologies in the construction industry, which enhance the visualization and simulation of construction projects and processes. AR and VR technologies can help construction professionals to view elevations and dips at construction sites before the commencement of projects, as well as to take virtual tours of the spaces for design and decoration purposes. AR and VR technologies can also improve health and safety in the construction sector by enabling remote working and social distancing. AR and VR technologies are expected to increase the demand for Construction Data Analytics Software in the future.
This report presents a comprehensive overview, market shares, and growth opportunities of Construction Data Analytics Software market by product type, application, key players and key regions and countries.
Segmentation by type
Installed-PC
Installed-Mobile
Cloud-Based
Segmentation by application
General Contractors
Building Owners
Independent Construction Managers
Sub-Contractors
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Autodesk
Synchro
SmartPM Technologies
Katerra
B2W Software
Valkir Academy
Biosite Systems Ltd
Briq
Buildcon
Builderbox
BuildSafe
Spectra QEST
DADO
Datumate
Disperse
Doxel.ai
Eos Group
Hivemap
Hexagon PPM
Kapio Cloud
RIB Software
Nektar Inc.
nPlan
ProNovos Construction Analytics
152HQ
Versatile
Please note: The report will take approximately 2 business days to prepare and deliver.