Construction Software Global Market Report 2024

Description

Construction software encompasses a suite of digital tools and applications aimed at facilitating and streamlining various aspects of the construction industry, including project management, design, budgeting, scheduling, and communication. These tools are utilized by construction professionals such as project managers, architects, engineers, and contractors to enhance efficiency, collaboration, and accuracy in construction projects.

The primary types of construction software include project management, account or financial management, quality and safety, field productivity, and others. Project management involves planning, executing, and overseeing a project to achieve specific goals within defined constraints such as time, budget, and resources. This software can be deployed via cloud and on-premises and is utilized by organizations ranging from large enterprises to small and medium enterprises (SMEs). It serves various applications, catering to general contractors, building owners, architects and engineers, subcontractors, and specialty contractors.

The construction software research report is one of a series of new reports from The Business Research Company that provides construction software market statistics, including the construction software industry's global market size, regional shares, competitors with a construction software market share, detailed construction software market segments, market trends and opportunities, and any further data you may need to thrive in the construction software industry. This construction software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The construction software market size has grown rapidly in recent years. It will grow from $3.61 billion in 2023 to $4.06 billion in 2024 at a compound annual growth rate (CAGR) of 12.4%. The growth during the historic period can be attributed to several factors, labor shortages in the construction industry prompting companies to adopt software solutions, increasing regulatory requirements due to the growing complexity and scale of construction projects, a rise in the number of stakeholders involved in construction projects, and the widespread use of mobile devices and tablets in the industry.

The construction software market size is expected to see rapid growth in the next few years. It will grow to $6.54 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to several key factors, the focus on sustainable construction practices, increasing demand for project management tools, growing adoption of building information modeling (BIM), digital transformation within the construction industry, and the need for seamless integration with other enterprise systems. Major trends expected during this period include innovations in construction technology, a shift towards cloud computing, integration of AI and machine learning, enhanced collaboration tools, and the integration of IoT devices.

The rise in construction projects is expected to drive the growth of the construction software market. Construction projects involve planning, executing, and managing building structures or infrastructure developments from start to finish. The growing demand for infrastructure development, urbanization, and renovation projects is fueling the increase in construction activities worldwide. Construction firms use construction software to streamline project management, enhance communication, improve scheduling, and optimize resource allocation, which ultimately boosts efficiency and reduces costs. For example, the Northern Ireland Statistics and Research Agency reported in June 2023 that from the first quarter of 2022 to the first quarter of 2023, the overall construction industry grew by 6.5%, with the housing sector increasing by 11.1% and the infrastructure subsector by 3.7%. Consequently, the rise in construction projects is propelling the growth of the construction software market.

Leading companies in the construction software market are focusing on developing innovative solutions, such as user-friendly building construction software, to improve efficiency and productivity in the construction industry. These solutions feature intuitive interfaces for designing, planning, and managing construction projects, thereby streamlining workflows for architects, engineers, and contractors. For instance, in April 2023, Topcon Positioning Systems Inc., a US-based company specializing in precision positioning technology, launched Digital Layout, a user-friendly building construction software aimed at helping more contractors adopt digital layout workflows, thus enhancing efficiency, accuracy, and productivity. This software is designed to offer a significant advantage in the dynamic field of building construction, catering to a wide range of professionals, including general contractors, concrete contractors, MEP contractors, steel erectors, and fire suppression companies. It supports 2D, 3D, and BIM workflows and operates efficiently on Microsoft Windows and Android systems.

In October 2023, Hilti Corporation, a Switzerland-based provider of construction tools and systems, acquired 4PS Group for an undisclosed amount. This acquisition aims to enhance Hilti's software portfolio beyond asset and job site management (Fieldwire). 4PS Group, based in the Netherlands, specializes in providing construction software.

Major companies operating in the construction software market are Microsoft Corporation, Oracle Corporation, Intuit Inc., Autodesk Inc., Constellation Software Inc., Trimble Inc., Sage Group plc, Bentley Systems Inc., Nemetschek Group, Jonas Construction Software Inc., Procore Technologies Inc., ConstructConnect Inc., Buildertrend Solutions Inc., Computer Methods International Corp. (CMiC), InEight Inc., Heavy Construction Systems Specialists Inc. (HCSS), STACK Construction Technologies Inc., Fieldwire, Bridgit Inc., Plexxis Software Inc., CoConstruct LLC, Corecon Technologies Inc., Esticom Inc.

North America was the largest region in the construction software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the construction software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the construction software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The construction software market consists of revenues earned by entities providing services such as document management, building information modeling (BIM), and project management. The market value includes the value of related goods sold by the service provider or included within the service offering. The construction software market also includes sales of construction scheduling software, construction document management software, field service management software, safety management software, and asset management software. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Construction Software Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on construction software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for construction software ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The construction software market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Project Management; Account Or Financial Management; Quality And Safety; Field Productivity; Other Types
2) By Deployment Mode: Cloud; On-Premise
3) By Organization Size: Large Enterprise; Small And Medium Enterprises
4) By Application: General Contractors; Building Owners; Architects And Engineers; Sub-Contactors; Specialty Contractors
Companies Mentioned: Microsoft Corporation; Oracle Corporation; Intuit Inc.; Autodesk Inc.; Constellation Software Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r18327

1. Executive Summary

2. Construction Software Market Characteristics

3. Construction Software Market Trends And Strategies

4. Construction Software Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Construction Software Market Size and Growth

5.1. Global Construction Software Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Construction Software Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Construction Software Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Construction Software Market Segmentation

6.1. Global Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Project Management
Account Or Financial Management
Quality And Safety
Field Productivity
Other Types
6.2. Global Construction Software Market, Segmentation By Deployment Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Cloud
On-Premise
6.3. Global Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Large Enterprise
Small And Medium Enterprises
6.4. Global Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
General Contractors
Building Owners
Architects And Engineers
Sub-Contactors
Specialty Contractors

7. Construction Software Market Regional And Country Analysis

7.1. Global Construction Software Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Construction Software Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Construction Software Market

8.1. Asia-Pacific Construction Software Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Construction Software Market

9.1. China Construction Software Market Overview
9.2. China Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Construction Software Market

10.1. India Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Construction Software Market

11.1. Japan Construction Software Market Overview
11.2. Japan Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Construction Software Market

12.1. Australia Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Construction Software Market

13.1. Indonesia Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Construction Software Market

14.1. South Korea Construction Software Market Overview
14.2. South Korea Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Construction Software Market

15.1. Western Europe Construction Software Market Overview
15.2. Western Europe Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Construction Software Market

16.1. UK Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Construction Software Market

17.1. Germany Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Construction Software Market

18.1. France Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Construction Software Market

19.1. Italy Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Construction Software Market

20.1. Spain Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Construction Software Market

21.1. Eastern Europe Construction Software Market Overview
21.2. Eastern Europe Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Construction Software Market

22.1. Russia Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Construction Software Market

23.1. North America Construction Software Market Overview
23.2. North America Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Construction Software Market

24.1. USA Construction Software Market Overview
24.2. USA Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Construction Software Market

25.1. Canada Construction Software Market Overview
25.2. Canada Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Construction Software Market

26.1. South America Construction Software Market Overview
26.2. South America Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Construction Software Market

27.1. Brazil Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Construction Software Market

28.1. Middle East Construction Software Market Overview
28.2. Middle East Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Construction Software Market

29.1. Africa Construction Software Market Overview
29.2. Africa Construction Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Construction Software Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Construction Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Construction Software Market Competitive Landscape And Company Profiles

30.1. Construction Software Market Competitive Landscape
30.2. Construction Software Market Company Profiles
- 30.2.1. Microsoft Corporation
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Oracle Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Intuit Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Autodesk Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Constellation Software Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Construction Software Market Other Major And Innovative Companies

31.1. Trimble Inc.
31.2. Sage Group plc
31.3. Bentley Systems Inc.
31.4. Nemetschek Group
31.5. Jonas Construction Software Inc.
31.6. Procore Technologies Inc.
31.7. ConstructConnect Inc.
31.8. Buildertrend Solutions Inc.
31.9. Computer Methods International Corp. (CMiC)
31.10. InEight Inc.
31.11. Heavy Construction Systems Specialists Inc. (HCSS)
31.12. STACK Construction Technologies Inc.
31.13. Fieldwire
31.14. Bridgit Inc.
31.15. Plexxis Software Inc.

32. Global Construction Software Market Competitive Benchmarking

33. Global Construction Software Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Construction Software Market

35. Construction Software Market Future Outlook and Potential Analysis

35.1 Construction Software Market In 2028 - Countries Offering Most New Opportunities
35.2 Construction Software Market In 2028 - Segments Offering Most New Opportunities
35.3 Construction Software Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer