The Construction Management Software Industry will relinquish an approximated estimate at a frequency of 6.5% for the projection space of 2021 to 2028 with factor such as growing emphasis on lean management in construction industry.
The construction management software market has shown an exceptional penetration in the U.S. owing to the growing digitalization in the construction sector which is increasing the penetration in the country.
Construction Management Software Market Scenario
According to Data Bridge Market Research, the market for construction management software in the U.S. is growing with market leader namely Autodesk Inc. which accounts an estimated market share of approximately 30% to 35%. The company has gained outstanding sale through their construction management software products.
- In July 2020, Autodesk Inc. signed an agreement to acquire Pype which is a provider of cloud-based solutions for automating construction project management workflows. Under this acquisition, the company automated their critical construction workflows and closeouts to increase productivity and mitigate project risk. This has helped the company to innovate their construction offerings in the market.
Trends Impacting the Construction Management Software Market
Now the question is which other regions Autodesk Inc., Procore Technologies Inc. and Sage Group plc are targeting? Data Bridge Market Research has forecasted a large growth in the U.S. construction management software market and the market leaders are targeting it to be their next revenue pockets for 2021.
The construction management software market is becoming more competitive every year with companies such as Autodesk Inc., Procore Technologies Inc. and Sage Group plc as they are the market leaders for construction management software. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the construction management software market.
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Construction Management Software Market Development
- In October 2020, Procore Technologies, Inc. announced acquisition of Esticom which is a construction estimating and takeoff company. Under this acquisition, the company added estimating functionality to the Procore platform which enabled accuracy in cost estimates, increasing productivity, helping general contractors and specialty contractors win more bids and reducing risk throughout the lifecycle of a project. This has helped the company to enhance their portfolio and better meet consumers demand.
Scope of the Construction Management Software Market
All country based analysis of the U.S. construction management software market is further analyzed based on maximum granularity into further segmentation. On the basis of deployment, the construction management software market is segmented into cloud and on-premise. On the basis of organization size, the construction management software market has been segmented into large enterprises and SMEs. On the basis of device type, the construction management software market has been segmented into smartphone and computer. On the basis of pricing model, the construction management software market has been segmented into license based and subscription based. On the basis of application, the construction management software market has been segmented into pre-construction, project management, resource management, financial management, customer relationship management and others. On the basis of vertical, the construction management software market has been segmented into residential construction contractor, commercial construction contractor, landscaping contractors, construction managers, engineers, architects and others.
To know more about the study https://www.databridgemarketresearch.com/reports/us-construction-management-software-market
Key Pointers Covered in Construction Management Software Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Recent Developments for Market Competitors
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- Constellation HomeBuilder Systems
- Autodesk Inc.
- Procore Technologies, Inc.
- Sage Group plc
- Trimble Inc.
- Buildertrend
- Oracle
- Epicor Software Corporation
- Bentley Systems Incorporated
- CMiC
- BuilderMT Inc.
- ConstructConnect
- Finalcad Sarl
- Jonas Construction Software Inc.
- Systemates Inc.
Above are the key players covered in the report, to know about more and exhaustive list of construction management software companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=us-construction-management-software-market
Research Methodology: The U.S. Construction Management Software Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Product Managers, Software Professionals and Developers
- Supply Side: Service Providers, Product Managers, Marketing Managers, Distributors, Market Intelligence among others.
Related Reports
- Global Construction Management Software Market – Industry Trends and Forecast to 2027
- Global Small Business Project Management Software Market – Industry Trends and Forecast to 2027
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