Global Construction Management Software Industry

Global Construction Management Software Industry

  • April 2021 •
  • 272 pages •
  • Report ID: 5956441 •
  • Format: PDF
Abstract:
- Global Construction Management Software Market to Reach $3.2 Billion by 2027
- Amid the COVID-19 crisis, the global market for Construction Management Software estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$3.2 Billion by 2027, growing at aCAGR of 12.7% over the period 2020-2027. Cloud-Based, one of the segments analyzed in the report, is projected to record 13.6% CAGR and reach US$2.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premises segment is readjusted to a revised 11.1% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $377 Million, While China is Forecast to Grow at 17% CAGR
- The Construction Management Software market in the U.S. is estimated at US$377 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$722.4 Million by the year 2027 trailing a CAGR of 16.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.8% and 11.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.1% CAGR.

- Select Competitors (Total 38 Featured) -
  • Autodesk, Inc.
  • Bentley Systems, Inc.
  • Oracle Corporation
  • PlanGrid, Inc.
  • The Sage Group Plc
  • Trimble Inc.