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Construction Software Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Construction Software Market: By Component (Solution and Services); Modules (Contract Management, Procure Management, Finance Management, and Others); Project Type (Residential, Commercial, Industrial, and Others); End User (Creative Agencies, Architects, Consultants, and Others); and Region—Industry Dynamics, Market Size and Opportunity Forecast for 2023–2031

  • Published Date: Feb-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0222131  | Delivery: 2 to 4 Hours
Construction Software Market

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Report AttributeDetails
Market Size Value in 2022US$1,877.4 Mn
Expected Revenue in 2031     US$ 3,875.5 Mn
Historic Data2018-2021
Base Year2022
Forecast Period2023-2031
UnitValue (USD Mn)
Segments coveredBy Component, By Modules, By Project Type, By End Users, By Region
Key Companies                                                                               Sage Group PLC, Oracle Corporation, Autodesk, Inc., Roper Technologies, Inc., Trimble Inc., Constellation Software Inc., BIMobject AB, RIB Software SE, Comprotex Software Inc., Procore Technologies Inc., BuilderMT, LLC., PlanGrid, Inc., Heavy Construction Systems Specialists, Jonas Construction Software Inc., ECI Software Solutions Inc., Other Prominent Players
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Construction management software is a set of programs which helps in managing material requirements, estimating job work, cost control, labor management, and assessment of risks. 

Construction management software aids in activities from planning to execution of the project work, it designs framework, maximizes resource efficiency, develops communication and hierarchy planning, thereby enhancing the performance of construction projects.

The market is estimated to register a CAGR of 8.4% during the forecast period 2023-2031.

The Global Construction Software Market is segmented based on component, modules, project type, end users, and region. 

Factors such as rise in construction spending and project complexity are driving the growth of the global construction software market.

High deployment & maintenance cost and cybersecurity & data protection risks acts as restraints in the Global Construction Software Market.

Cloud computing outsources the data processing and storage to more powerful machines that allows increased efficiency and less burden to manage data with less resources. Hence, cloud computing is cost-saving because it reduces capital expenditure, the construction industry is constantly witnessing an increased adoption of cloud.

Software component of the Global Construction Software Market is leading the market in 2022.

Commercial segment holds the highest share in the Global Construction Software Market.

Contractors are the major end users in the construction software market in 2022.

Asia Pacific region is expected to dominate the Global Construction Software Market.

The key players in the Global Construction Software Market are Oracle Corporation, Autodesk, Inc, Roper Technologies, Inc., Constellation Software Inc., Constellation Software Inc., RIB Software SE, and Jonas Construction Software Inc. among others.