Global construction and design software market is valued approximately at USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of about XX% over the forecast period 2021-2027. Home construction design software offers remodelers and builders all the necessary design symbols and tools for any type of home remodeling or building construction project. When design tools are used within CAD Pro, consumers can evaluate home designs quickly before they're built. The global construction and design software market is being driven by increasing requirement of large-scale project management and increased adoption of cloud-based solutions. Furthermore, rising business expansion and research activities will provide new opportunities for the global construction and design software industry.
Also, market players across the globe are strengthening their position in the market by undertaking a range of strategic initiatives. For instance, in 2021, Trimble Inc. unveiled the latest and an upgraded version of Tekla Structures 2021, which is a structural building information modeling software solution for constructible building information modeling, structural engineering and steel fabrication management. Also, in 2021, Autodesk, Inc. released a construction management software platform, Autodesk Build, which is built on Autodesk cloud platform for its global users. Such strategic initiatives taken by the market players across the globe are expected to increase the demand and adoption of construction and design software among end use industries and hence this is expected to boost the market growth. However, high initial cost may impede market growth over the forecast period of 2021-2027.
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The regional analysis of the global construction and design software market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America accounts for the largest share in terms of market revenue in the global construction and design software market over the forecast period 2021-2027. Factors such as large-scale adoption of digital systems in the building information modeling infrastructure domain and by designers, engineers, architects, and builders, infrastructure investments, development of smart city projects, etc. contribute towards the largest market share of the region in the forecast years.
Major market player included in this report are:
Constellation Software Inc.
Sage Group plc
RIB Software SE
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
Safety & Reporting
Project Management & Scheduling
Field Service Management
On across Bid Management
Architects & Builders
Rest of the World
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