PUBLISHER: Persistence Market Research | PRODUCT CODE: 1470741
PUBLISHER: Persistence Market Research | PRODUCT CODE: 1470741
Construction Estimating Software Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024 - 2032
Persistence Market Research has conducted a thorough analysis of the Construction Estimating Software Market, providing a comprehensive report detailing its global landscape. This in-depth publication offers valuable insights into the market's dynamics, trends, opportunities, and challenges, providing a comprehensive overview of its structure. Backed by exclusive data and statistics, the research predicts the anticipated growth trajectory of the Construction Estimating Software Market spanning from 2024 to 2032.
The construction estimating software market is poised for robust growth, projected to reach a value of US$ 556.0 million by 2032, with a compound annual growth rate (CAGR) of 4.5% from 2024. In 2024, the market was valued at US$ 389.85 million.
Key Insights:
- Construction Estimating Software Market Size (2024): US$389.85 Mn
- Projected Market Value (2032): US$ 556.0 million
- Global Market Growth Rate (CAGR 2024 - 2032): 4.5%
Construction Estimating Software Market - Report Scope
The Construction Estimating Software Market serves a crucial role in the construction industry, facilitating accurate cost estimation, project planning, and budget management. This market caters to a wide range of stakeholders, including contractors, developers, architects, and construction firms, offering software solutions designed to streamline the estimation process and improve project profitability.
Market Growth Drivers:
Several factors drive the growth of the global construction estimating software market. These include the increasing complexity of construction projects, growing demand for efficient project management tools, and the adoption of digital technologies in the construction sector. Additionally, the need for real-time collaboration, cost transparency, and risk mitigation fuels the demand for advanced estimating software solutions.
Market Restraints:
Despite promising growth prospects, the construction estimating software market faces challenges related to interoperability, data security, and integration with existing construction management systems. Moreover, resistance to technology adoption, especially among smaller contractors and traditional construction firms, poses barriers to market expansion. Addressing these challenges requires investment in user-friendly interfaces, interoperable platforms, and robust cybersecurity measures.
Market Opportunities:
The construction estimating software market presents significant growth opportunities driven by technological innovations, industry digitization, and infrastructure development initiatives worldwide. The integration of artificial intelligence, machine learning, and cloud computing enhances the capabilities of estimating software, enabling predictive analytics, scenario modeling, and real-time project tracking. Furthermore, the emergence of Building Information Modeling (BIM) and Integrated Project Delivery (IPD) methodologies creates new avenues for software vendors to offer integrated solutions that encompass the entire construction lifecycle.
Key Questions Answered in the Report:
- What are the primary factors driving the growth of the construction estimating software market globally?
- Which features and functionalities are crucial for construction estimating software adoption across different project types and organizational sizes?
- How are technological advancements reshaping the competitive landscape of the construction estimating software market?
- Who are the key players contributing to the construction estimating software market, and what strategies are they employing to maintain market relevance?
- What are the emerging trends and future prospects in the global construction estimating software market?
Competitive Intelligence and Business Strategy:
Leading players in the global construction estimating software market, including Procore Technologies, Inc., Trimble Inc., and Autodesk, Inc., focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in research and development to enhance software functionality, user experience, and integration capabilities. Collaborations with construction industry associations, software developers, and technology providers facilitate market penetration and product innovation.
Key Companies Profiled:
- Procore Technologies, Inc.
- Trimble Inc.
- Autodesk, Inc.
- Sage Group plc
- Oracle Corporation
- Bentley Systems, Incorporated
- ConstructConnect
- Causeway Technologies Ltd.
- Viewpoint, Inc.
- HCSS
Construction Estimating Software Market Research Segmentation:
By Product Type:
- On-premise
- Cloud-base
By Deployment Model:
- Small and Medium-sized Enterprises (SMEs)
- Large Enterprise
By End-User:
- Contractors
- Developers
- Architects
- Construction Firm
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Contents
1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Summary of Statistics
- 1.3. Key Market Characteristics & Attributes
- 1.4. Analysis and Recommendations
2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
3. Market Risks and Trends Assessment
- 3.1. Risk Assessment
- 3.1.1. COVID-19 Crisis and Impact on Construction Estimating Software
- 3.1.2. COVID-19 Impact Benchmark with Previous Crisis
- 3.1.3. Impact on Market Value (US$ Mn)
- 3.1.4. Assessment by Key Countries
- 3.1.5. Assessment by Key Market Segments
- 3.1.6. Action Points and Recommendation for Suppliers
- 3.2. Key Trends Impacting the Market
- 3.3. Formulation and Product Development Trends
4. Market Background
- 4.1. Construction Estimating Software Market, by Key Countries
- 4.2. Construction Estimating Software Market Opportunity Assessment (US$ Mn)
- 4.2.1. Total Available Market
- 4.2.2. Serviceable Addressable Market
- 4.2.3. Serviceable Obtainable Market
- 4.3. Market Scenario Forecast
- 4.3.1. Demand in optimistic Scenario
- 4.3.2. Demand in Likely Scenario
- 4.3.3. Demand in Conservative Scenario
- 4.4. Investment Feasibility Analysis
- 4.4.1. Investment in Established Markets
- 4.4.1.1. In Short Term
- 4.4.1.2. In Long Term
- 4.4.2. Investment in Emerging Markets
- 4.4.2.1. In Short Term
- 4.4.2.2. In Long Term
- 4.4.1. Investment in Established Markets
- 4.5. Forecast Factors - Relevance & Impact
- 4.5.1. Top Companies Historical Growth
- 4.5.2. Growth in Automation, By Country
- 4.5.3. Patch Management Adoption Rate, By Country
- 4.6. Market Dynamics
- 4.6.1. Market Driving Factors and Impact Assessment
- 4.6.2. Prominent Market Challenges and Impact Assessment
- 4.6.3. Patch Management Market Opportunities
- 4.6.4. Prominent Trends in the Global Market & Their Impact Assessment
5. Key Success Factors
- 5.1. Manufacturers' Focus on Low Penetration High Growth Markets
- 5.2. Banking on with Segments High Incremental Opportunity
- 5.3. Peer Benchmarking
6. Global Construction Estimating Software Market Demand Analysis 2019-2023 and Forecast, 2023-2032
- 6.1. Historical Market Analysis, 2019-2023
- 6.2. Current and Future Market Projections, 2023-2032
- 6.3. Y-o-Y Growth Trend Analysis
7. Global Construction Estimating Software Market Value Analysis 2019-2023 and Forecast, 2023-2032
- 7.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
- 7.2. Current and Future Market Value (US$ Mn) Projections, 2023-2032
- 7.2.1. Y-o-Y Growth Trend Analysis
- 7.2.2. Absolute $ Opportunity Analysis
8. Global Construction Estimating Software Market Analysis 2019-2023 and Forecast 2023-2032, By Product
- 8.1. Introduction / Key Findings
- 8.2. Historical Market Size (US$ Mn) Analysis By Product, 2019-2023
- 8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Product, 2023-2032
- 8.3.1. Construction Accounting
- 8.3.2. Construction Management
- 8.3.3. Construction Suites
- 8.3.4. Project Management
- 8.4. Market Attractiveness Analysis By Product
9. Global Construction Estimating Software Market Analysis 2019-2023 and Forecast 2023-2032, By End-User
- 9.1. Introduction / Key Findings
- 9.2. Historical Market Size (US$ Mn) Analysis By End-User, 2019-2023
- 9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End-User, 2024 - 2032
- 9.3.1. Builders & Contractors
- 9.3.2. Construction Managers
- 9.3.3. Engineers & Architects
- 9.4. Market Attractiveness Analysis By End-User
10. Global Construction Estimating Software Market Analysis 2019-2023 and Forecast 2024 - 2032, By Deployment
- 10.1. Introduction / Key Findings
- 10.2. Historical Market Size (US$ Mn) Analysis By Deployment, 2019-2023
- 10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Deployment, 2024 - 2032
- 10.3.1. On-Cloud
- 10.3.2. On-Premises
- 10.4. Market Attractiveness Analysis By Deployment
11. Global Construction Estimating Software Market Analysis 2019-2023 and Forecast 2024 - 2032, By Region
- 11.1. Introduction
- 11.2. Historical Market Size (US$ Mn) Analysis By Region, 2019-2023
- 11.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2024 - 2032
- 11.3.1. North America
- 11.3.2. Latin America
- 11.3.3. Europe
- 11.3.4. Asia Pacific
- 11.3.5. Middle East and Africa (MEA)
- 11.4. Market Attractiveness Analysis By Region
12. North America Construction Estimating Software Market Analysis 2019-2023 and Forecast 2024 - 2032
- 12.1. Introduction
- 12.2. Pricing Analysis
- 12.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
- 12.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2024 - 2032
- 12.4.1. By Country
- 12.4.1.1. U.S.
- 12.4.1.2. Canada
- 12.4.1.3. Rest of North America
- 12.4.2. By Product
- 12.4.3. By Deployment
- 12.4.4. By End-User
- 12.4.1. By Country
- 12.5. Market Attractiveness Analysis
- 12.5.1. By Country
- 12.5.2. By Product
- 12.5.3. By Deployment
- 12.5.4. By End-User
13. Latin America Construction Estimating Software Market Analysis 2019-2023 and Forecast 2024 - 2032
- 13.1. Introduction
- 13.2. Pricing Analysis
- 13.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
- 13.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2024 - 2032
- 13.4.1. By Country
- 13.4.1.1. Brazil
- 13.4.1.2. Mexico
- 13.4.1.3. Rest of Latin America
- 13.4.2. By Product
- 13.4.3. By Deployment
- 13.4.4. By End-User
- 13.4.1. By Country
- 13.5. Market Attractiveness Analysis
- 13.5.1. By Country
- 13.5.2. By Product
- 13.5.3. By Deployment
- 13.5.4. By End-User
14. Europe Construction Estimating Software Market Analysis 2019-2023 and Forecast 2024 - 2032
- 14.1. Introduction
- 14.2. Pricing Analysis
- 14.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
- 14.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2024 - 2032
- 14.4.1. By Country
- 14.4.1.1. Germany
- 14.4.1.2. France
- 14.4.1.3. U.K.
- 14.4.1.4. Italy
- 14.4.1.5. Benelux
- 14.4.1.6. Nordic Countries
- 14.4.1.7. Rest of Europe
- 14.4.2. By Product
- 14.4.3. By Deployment
- 14.4.4. By End-User
- 14.4.1. By Country
- 14.5. Market Attractiveness Analysis
- 14.5.1. By Country
- 14.5.2. By Product
- 14.5.3. By Deployment
- 14.5.4. By End-User
15. Asia Pacific Construction Estimating Software Market Analysis 2019-2023 and Forecast 2024 - 2032
- 15.1. Introduction
- 15.2. Pricing Analysis
- 15.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
- 15.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2024 - 2032
- 15.4.1. By Country
- 15.4.1.1. China
- 15.4.1.2. Japan
- 15.4.1.3. South Korea
- 15.4.1.4. Rest of Asia Pacific
- 15.4.2. By Product
- 15.4.3. By Deployment
- 15.4.4. By End-User
- 15.4.1. By Country
- 15.5. Market Attractiveness Analysis
- 15.5.1. By Country
- 15.5.2. By Product
- 15.5.3. By Deployment
- 15.5.4. By End-User
16. Middle East and Africa Construction Estimating Software Market Analysis 2019-2023 and Forecast 2024 - 2032
- 16.1. Introduction
- 16.2. Pricing Analysis
- 16.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
- 16.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2024 - 2032
- 16.4.1. By Country
- 16.4.1.1. GCC Countries
- 16.4.1.2. South Africa
- 16.4.1.3. Turkey
- 16.4.1.4. Rest of Middle East and Africa
- 16.4.2. By Product
- 16.4.3. By Deployment
- 16.4.4. By End-User
- 16.4.1. By Country
- 16.5. Market Attractiveness Analysis
- 16.5.1. By Country
- 16.5.2. By Product
- 16.5.3. By Deployment
- 16.5.4. By End-User
17. Key Countries Construction Estimating Software Market Analysis 2019-2023 and Forecast 2024 - 2032
- 17.1. Introduction
- 17.1.1. Market Value Proportion Analysis, By Key Countries
- 17.1.2. Global Vs. Country Growth Comparison
- 17.2. US Construction Estimating Software Market Analysis
- 17.2.1. Value Proportion Analysis by Market Taxonomy
- 17.2.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.2.2.1. By Product
- 17.2.2.2. By Deployment
- 17.2.2.3. By End-User
- 17.3. Canada Construction Estimating Software Market Analysis
- 17.3.1. Value Proportion Analysis by Market Taxonomy
- 17.3.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.3.2.1. By Product
- 17.3.2.2. By Deployment
- 17.3.2.3. By End-User
- 17.4. Mexico Construction Estimating Software Market Analysis
- 17.4.1. Value Proportion Analysis by Market Taxonomy
- 17.4.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.4.2.1. By Product
- 17.4.2.2. By Deployment
- 17.4.2.3. By End-User
- 17.5. Brazil Construction Estimating Software Market Analysis
- 17.5.1. Value Proportion Analysis by Market Taxonomy
- 17.5.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.5.2.1. By Product
- 17.5.2.2. By Deployment
- 17.5.2.3. By End-User
- 17.6. Germany Construction Estimating Software Market Analysis
- 17.6.1. Value Proportion Analysis by Market Taxonomy
- 17.6.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.6.2.1. By Product
- 17.6.2.2. By Deployment
- 17.6.2.3. By End-User
- 17.7. France Construction Estimating Software Market Analysis
- 17.7.1. Value Proportion Analysis by Market Taxonomy
- 17.7.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.7.2.1. By Product
- 17.7.2.2. By Deployment
- 17.7.2.3. By End-User
- 17.8. Italy Construction Estimating Software Market Analysis
- 17.8.1. Value Proportion Analysis by Market Taxonomy
- 17.8.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.8.2.1. By Product
- 17.8.2.2. By Deployment
- 17.8.2.3. By End-User
- 17.9. BENELUX Construction Estimating Software Market Analysis
- 17.9.1. Value Proportion Analysis by Market Taxonomy
- 17.9.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.9.2.1. By Product
- 17.9.2.2. By Deployment
- 17.9.2.3. By End-User
- 17.10. UK Construction Estimating Software Market Analysis
- 17.10.1. Value Proportion Analysis by Market Taxonomy
- 17.10.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.10.2.1. By Product
- 17.10.2.2. By Deployment
- 17.10.2.3. By End-User
- 17.11. Nordic Countries Construction Estimating Software Market Analysis
- 17.11.1. Value Proportion Analysis by Market Taxonomy
- 17.11.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.11.2.1. By Product
- 17.11.2.2. By Deployment
- 17.11.2.3. By End-User
- 17.12. China Construction Estimating Software Market Analysis
- 17.12.1. Value Proportion Analysis by Market Taxonomy
- 17.12.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.12.2.1. By Product
- 17.12.2.2. By Deployment
- 17.12.2.3. By End-User
- 17.13. Japan Construction Estimating Software Market Analysis
- 17.13.1. Value Proportion Analysis by Market Taxonomy
- 17.13.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.13.2.1. By Product
- 17.13.2.2. By Deployment
- 17.13.2.3. By End-User
- 17.14. South Korea Construction Estimating Software Market Analysis
- 17.14.1. Value Proportion Analysis by Market Taxonomy
- 17.14.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.14.2.1. By Product
- 17.14.2.2. By Deployment
- 17.14.2.3. By End-User
- 17.15. GCC Countries Construction Estimating Software Market Analysis
- 17.15.1. Value Proportion Analysis by Market Taxonomy
- 17.15.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.15.2.1. By Product
- 17.15.2.2. By Deployment
- 17.15.2.3. By End-User
- 17.16. South Africa Construction Estimating Software Market Analysis
- 17.16.1. Value Proportion Analysis by Market Taxonomy
- 17.16.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.16.2.1. By Product
- 17.16.2.2. By Deployment
- 17.16.2.3. By End-User
- 17.17. Turkey Construction Estimating Software Market Analysis
- 17.17.1. Value Proportion Analysis by Market Taxonomy
- 17.17.2. Value & Analysis and Forecast by Market Taxonomy, 2024 - 2032
- 17.17.2.1. By Product
- 17.17.2.2. By Deployment
- 17.17.2.3. By End-User
- 17.17.3. Competition Landscape and Player Concentration in the Country
18. Market Structure Analysis
- 18.1. Market Analysis by Tier of Companies
- 18.2. Market Concentration
- 18.3. Market Share Analysis of Top Players
- 18.4. Market Presence Analysis
- 18.4.1. By Regional footprint of Players
- 18.4.2. Product footprint by Players
19. Competition Analysis
- 19.1. Competition Dashboard
- 19.2. Competition Benchmarking
- 19.3. Competition Deep Dive
- 19.3.1. Autodesk, Inc.
- 19.3.1.1. Overview
- 19.3.1.2. Product Portfolio
- 19.3.1.3. Sales Footprint
- 19.3.1.4. Strategy Overview
- 19.3.2. Buildsoft Pty Ltd.
- 19.3.2.1. Overview
- 19.3.2.2. Product Portfolio
- 19.3.2.3. Sales Footprint
- 19.3.2.4. Strategy Overview
- 19.3.3. Corecon Technologies, Inc.
- 19.3.3.1. Overview
- 19.3.3.2. Product Portfolio
- 19.3.3.3. Sales Footprint
- 19.3.3.4. Strategy Overview
- 19.3.4. Heavy Construction Systems Specialists, Inc.
- 19.3.4.1. Overview
- 19.3.4.2. Product Portfolio
- 19.3.4.3. Sales Footprint
- 19.3.4.4. Strategy Overview
- 19.3.5. PlanSwift Software
- 19.3.5.1. Overview
- 19.3.5.2. Product Portfolio
- 19.3.5.3. Sales Footprint
- 19.3.5.4. Strategy Overview
- 19.3.6. Sage Group plc
- 19.3.6.1. Overview
- 19.3.6.2. Product Portfolio
- 19.3.6.3. Sales Footprint
- 19.3.6.4. Strategy Overview
- 19.3.7. STACK Construction Technologies
- 19.3.7.1. Overview
- 19.3.7.2. Product Portfolio
- 19.3.7.3. Sales Footprint
- 19.3.7.4. Strategy Overview
- 19.3.8. Bluebeam Software Inc.
- 19.3.8.1. Overview
- 19.3.8.2. Product Portfolio
- 19.3.8.3. Sales Footprint
- 19.3.8.4. Strategy Overview
- 19.3.9. 4Clicks Solutions
- 19.3.9.1. Overview
- 19.3.9.2. Product Portfolio
- 19.3.9.3. Sales Footprint
- 19.3.9.4. Strategy Overview
- 19.3.10. Causeway Technologies
- 19.3.10.1. Overview
- 19.3.10.2. Product Portfolio
- 19.3.10.3. Sales Footprint
- 19.3.10.4. Strategy Overview
- 19.3.1. Autodesk, Inc.
20. Assumptions and Acronyms Used
21. Research Methodology
