The U.S. Construction Management Software Market is expected to grow with the CAGR of 6.5% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below:
The U.S. construction management software market is a fragmented market which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in the U.S. construction management software market are introducing strong range of product portfolio. This has helped the companies to maximize the sales with enhanced product portfolio. For instance, in June 2020, Procore Technologies, Inc. announced launch of new platform features to advance collaboration and communication in construction. Procore platform’s new features include Action Plans, Correspondence, Custom and Configurable Fields, Procore Connect, Procore Search, Real-Time Labor Costing and a Web-Based 3D Model Viewer. This has helped the company to enhance their offerings in the market.
Autodesk Inc. is the dominating player in the U.S. construction management software market. The other players existing in the construction management software market includes Constellation HomeBuilder Systems, 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. and Systemates Inc. among others.
Autodesk Inc. is headquartered in California, U.S. and was founded in 1982. The company is engaged in developing and providing 3D design, engineering and entertainment software to customers. The company provides several products under categories such as architecture, engineering and construction, product design and manufacturing and media and entertainment among which architecture and engineering and construction are the market focused categories.
The company has presence in Americas, Asia-Pacific, Europe and Middle East and Africa. Some of the subsidiaries of the company include PlanGrid (U.S.), Moldflow (U.S.), BuildingConnected Inc., (U.S.) and others.
Procore Technologies, Inc.:
Procore Technologies, Inc. is headquartered in California, U.S. and was founded in 2002. The company is engaged in developing and providing project management tools in order to manage all types of construction projects. The company provides several products under categories such as pre-construction, resource management, project management and financial management.
The company has presence in North America, Europe and Australia.
Sage Group plc:
Sage Group plc is headquartered in Newcastle upon Tyne, U.K. and was founded in 1981. The company is engaged in developing and providing technological solutions and services to manage finances, operations and people to small and medium businesses. The company provides several products under category namely Sage Business Cloud.
The company has presence in Americas, Asia-Pacific, Europe and Middle East and Africa. Some of the subsidiaries of the company include Sage Intacct (U.S.), Sage South Africa (South Africa), Sage (UK) Limited (U.K.), Sage Portugal (Portugal), Sage Software, Inc. (U.S.) among others.