Global Construction Estimating Software Market Report 2023: Forecast Market Size, Growth Rate And Key Drivers
29 May, 2023
The global construction estimating software market size is expected to grow from $1.23 billion in 2022 to $1.34 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global construction estimating software market size is expected to reach $1.87 billion in 2027 at a CAGR of 8.6%.
Global Construction Estimating Software Market Key Driver
Construction activity is predicted to increase in the future, propelling the growth of the construction estimating software market. The development, rebuilding, deconstruction, maintenance, or restoration of buildings, structures, or other civil engineering or architectural work is referred to as construction, and it includes site preparation, excavation, drilling, seismic study, product and material supply, and equipment and machinery supply. The increased construction activity fuels the growth of the construction estimating software market because construction estimating software provides clients with fast, illustrated, and precise results and data solutions, as well as cost savings, better planning, faster results, and customer satisfaction.
Get a sample of the global construction estimating software market reportGlobal Construction Estimating Software Market Segments
The global construction estimating software market is segmented:
1) By Product: Construction Accounting, Construction Management, Construction Suites, Project Management
2) By Software License: Perpetual License, Subscription License, Other Software Licences
3) By Enterprise Size: Small And Medium Enterprises, Large Enterprises
4) By Deployment: Cloud, On-Premise
5) By End-Use: Architects And Builders, Construction Managers, Contractors, Other End-Users
6) By Geography:The regions covered in the construction estimating software market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global construction estimating software market.
Major Construction Estimating Software Industry Players
Autodesk Inc., Bluebeam Inc., Corecon Technologies Inc., Glodon Company Limited, Microsoft Corporation, RIB Software SE, Sage Group PLC, Trimble Inc., AppliCAD PCL, PrioSoft, Buildsoft Pty Ltd., Heavy Construction Systems Specialists Inc., PlanSwift Software LLC, Oracle Corporation, Advanced Electrical Technologies Inc., QuoteSoft Inc.
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Construction Estimating Software Market Overview
Construction estimating software is a computer application that saves and transmits data and information relevant to the process of estimating building expenses.
Construction estimating software is designed to make the work of construction estimators easier and their work more efficient which can range from simple spreadsheets to highly integrated estimating software.
Construction Estimating Software Global Market Report 2023 provides data on the global construction estimating software market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The construction estimating software market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.