Oracle, Procore Technologies, Inc., and Intuit Inc. were dominating the Global Construction Management Software Market in 2021

Global Construction Management Software Market is expected to grow with the CAGR of 7.2% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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Global construction management software market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global construction management software market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement, business expansion, award and recognition into the market. This helped companies to maximize the sales with enhanced product portfolio.

For instance:

  • In May 2022, Oracle announced the partnership with Deloitte to establish better Oracle applications. This partnership will help the company to develop cloud and application technology to offer better solution portfolio for the customers and improve brand value

Oracle is the dominating player in global construction management software market. The other key players existing in the market Procore Technologies, Inc., Intuit Inc., Trimble Inc., ConstructConnect, Sage Group plc, Autodesk Inc., Buildertrend, Smartsheet Inc., Branch Metrics, monday.com, Epicor Software Corporation, Jonas Construction Software Inc., Wrike, Inc., Finalcad SARL, Constellation HomeBuilder Systems, CMiC, ITAakash Strategic Soft.(P) Ltd., RIB CCS, V Plan, CoConstruct, UDA Technologies, STACK Construction Technologies, Systemates, Inc., Tilos Americas, INSPECTIVITY PTY LTD., ClockShark, LLC, MITEK INC., EZOfficeInventory, and BENTLEY SYSTEMS, INCORPORATED aamong others.

Oracle

Oracle was founded in the year 1977 and is headquartered in Texas, U.S. The company is engaged in providing products and services to address enterprise information technology to offer project management solutions. The company has several product categories including products, industries and resources of which industries is the focused category. The company operates in various business segments such as cloud and license, hardware and services of which cloud and license is the market focused category. The subsidiaries of the company are Oracle International Corporation (U.S.), Oracle Software Technology GmbH (Switzerland), Oracle America, Inc. (U.S.), Oracle Global Holdings, Inc. (U.S.) and OCAPAC Holding Company UC (Ireland) among others.

For instance,

  • In October 2021, Oracle announced the gaining a project of managing payments for construction projects worth of USD one trillion. This will help the company to accelerate the revenue growth and develop business by attracting customers towards the solutions and services offered

The company has wide presence across North America, South America, Europe, Asia-Pacific, Middle East and Africa.

Procore Technologies, Inc.

Procore Technologies, Inc. was founded in the year 2002 and is headquartered in California, U.S. The company is engaged in providing construction technology solution through a platform to provide communications and operating systems to manage data. The company has several product categories including products and solutions of which products and solutions is the focused category. The subsidiaries of the company are Procore Insurance Services, Inc. (Delaware), Procore Technologies FZ-LLC (U.A.E), Procore UK Ltd (U.K.), Indus.ai Inc. (Canada) and Procore Technologies Mexico, S. de R.L. de C.V. (Mexico) among others

For instance,

  • In May 2022, Procore Technologies, Inc. announced the company has been recognised as Top Rated Construction Product by TrsutRadius for technology products. This recognition will help the company to increase its brand value in the market and trust value among the customers which can help to accelerate the sales growth for the company

The company has presence in North America, South America, Europe, Asia-Pacific, Middle East and Africa.

Construction Management Software Market

Intuit Inc.

Intuit Inc. was founded in the year 1983 and is headquartered in California, U.S. The company is engaged in providing technological platform globally to overcome financial challenges. The company has several product categories including for individuals, for small businesses and for accountants of which for individuals, for small businesses and for accountants is the market focused category. The company operates in various business segments such as small business & self-employed, consumer, credit karma and Proconnect of which consumer is the market focused category. The subsidiaries of the company are CBS Employer Services, Inc. (U.S.), Computing Resources, Inc. (U.S.), Credit Karma UK Holdings Ltd (U.K.), Intuit India Software Solutions Private Limited (India) and OneSaas Integrations Pty Ltd (Australia) among others.

For instance,

  • In April 2022, Intuit Inc. announced the Spreadsheet Sync for QuickBooks Online Advanced. This will help the company to offer excel working operation integrated with the software platform provided to clients which will attract new customers and accelerate the revenue growth

The company has presence across North America, South America, Europe, Asia-Pacific, Middle East and Africa.