Construction Software Market Trends

  • Report ID: 3726
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Construction Software Market Trends

Growth Drivers

  • Growing Requirements for Large-Scale Project Management
  • Ongoing Research and Development Activities to Design Improved Versions of the Software

Challenges

  • Interoperability Issues Associated with the Construction Software

Construction Software Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

9.4%

Base Year Market Size (2023)

USD 3.36 billion

Forecast Year Market Size (2036)

USD 10.8 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 3726
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of construction software is estimated at USD 3.61 billion.

Construction Software Market size was valued at USD 3.36 billion in 2023 and is likely to reach USD 10.8 billion by 2036, registering around 9.4% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by growing requirements for large-scale project management, and ongoing research and development activities to design improved versions of the software.

Europe industry is estimated to dominate majority revenue share by 2036, attributed to growing technological innovations in the IT sector, and increasing activities for infrastructural development in the region.

The major players in the market are Sage Group Plc, Oracle Corporation, Constellation Software, Inc., Comprotex Software Inc., Autodesk Inc., and others.
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