The global demand for Construction Estimating Software Market is presumed to reach the market size of nearly USD 13.21 BN by 2030 from USD 5.56 BN in 2022 with a CAGR of 11.42% under the study period 2023 - 2030.
Construction estimating software is a computer program used to estimate the costs associated with building or renovating a construction project. These programs are used by construction companies and contractors to accurately calculate the costs of materials, labour, and other expenses for a project. Construction estimating software typically includes various features and tools that allow users to create accurate and detailed estimates. These features may consist of databases of materials and labour costs, templates for common construction projects, and tools for creating custom estimates based on specific project requirements.
The market growth is expected to be risen due to the increasing complexity of construction projects. As construction projects have become more complex, it has become increasingly important for contractors and construction companies to use accurate and detailed estimates to ensure that a project is completed on time and within budget. Moreover, increasing adoption of technology in the construction industry to manage their businesses may fuel market growth. Furthermore, the increasing availability of construction estimating software has contributed to the market's growth. However, the availability of alternative methods for creating estimates may limit the market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of construction estimating software. The growth and trends of construction estimating software industry provide a holistic approach to this study.
This section of the construction estimating software market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Deployment
By Software License
By Enterprise Size
By End-Use
This section covers the regional outlook, which accentuates current and future demand for the Construction Estimating Software market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the construction estimating software market include Corecon Technologies Inc., PrioSoft Construction Software, and Glodon Company Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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