Global Construction Estimating Software Market
Information Technology

Global Construction Estimating Software Market Size, Drivers, Trends, Opportunities And Strategies – Includes Construction Estimating Software Market Share

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

Construction activity is predicted to increase, which will encourage innovation in construction estimating software manufacturing, propelling the market throughout the forecast period.

 

The global construction estimating software market is expected to grow from $1.23 billion in 2022 to $1.34 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The global construction estimating software market size is expected to reach $1.87 billion in 2027 at a CAGR of 8.6%.

 

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Global Construction Estimating Software Market Segments Include:

  • By Product: Construction Accounting, Construction Management, Construction Suites, Project Management
  • By Software License: Perpetual License, Subscription License, Other Software Licences
  • By Enterprise Size: Small And Medium Enterprises, Large Enterprises
  • By Deployment: Cloud, On-Premise
  • By End-Use: Architects And Builders, Construction Managers, Contractors, Other End-Users
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global construction estimating software market in 2021.

 

Major Market Players in the construction estimating software market include Autodesk Inc., Bluebeam Inc., Corecon Technologies Inc., Glodon Company Limited, Microsoft Corporation, RIB Software SE, Sage Group PLC, Trimble Inc., AppliCAD PCL.

 

Product innovations are a prevalent trend in the building estimating software market. Major players in the construction estimating software market are focusing on introducing unique solutions to increase their market position. Trimble Inc., a US-based company that plans, builds, and manages real-time networks that consistently produce accurate and trustworthy data, for example, launched Trimble Quest, a cloud-based software-as-a-service (SaaS) for estimating and budgeting for civil construction experts, in March 2021. This programme is designed for civil engineering contractors who need precise predicted costs to efficiently bid and manage civil construction projects’ finances. Trimble Quest’s distinguishing features include team collaboration to accelerate preconstruction and bidding procedures by developing a price database that can be used on multiple projects and used to quickly and accurately produce bids; increased efficiency; and budget management and forecasting.

 

The Construction Estimating Software Global Market Report 2023  provides a construction estimating software market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The construction estimating software market forecast analyzes construction estimating software market size, construction estimating software market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

A computer application that saves and communicates data and information important to the process of evaluating building expenses is known as construction estimating software. Construction estimating software, which can range from simple spreadsheets to highly integrated estimating software, is designed to make the work of construction estimators easier and more efficient.

 

Explore Similar Reports From The Business Research Company:

Software Products Global Market Report 2023

Construction Global Market Report 2023

Construction Machinery Global Market Report 2023

 

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