The construction accounting software market size is projected to reach US$ 1657.46 million by 2031 from US$ 984.73 million in 2023. The market is expected to register a CAGR of 6.7% during 2023–2031. The growing digitalization in the construction industry and the rising construction industry are likely to remain key trends in the market.
Construction Accounting Software Market Analysis
The rising demand from the residential and commercial sectors fuels the growing construction industry. This factor is leading to the adopting of construction accounting software by the construction companies' financial management. The software helps construction companies to accurately track money coming into and out of their businesses. The software handles aspects of the construction industry, such as job costing and retainage. Such features of construction accounting software lead to its adoption.
Construction Accounting Software Market Overview
Construction accounting software provides financial management tools to small and, mid-sized construction companies and large construction companies for construction projects and activities. This software solution offers features such as payroll, job costing, general ledger, accounts payable and receivable (AP/AR), audit reporting, and others. Some construction accounting solutions focus on specific financial information for projects, whereas others provide accounting insights into the entire company.
Customize This Report To Suit Your Requirement
You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
Construction Accounting Software Market: Strategic Insights

- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
Construction Accounting Software Market: Strategic Insights

- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Construction Accounting Software Market Drivers and Opportunities
Growing Construction industry
The construction industry is at the forefront of developing and improving infrastructure such as roads, railways, airports, and ports. These infrastructure investments improve the connectivity, trade, and economic development of any country. Thus, the growing construction industry is fuelling the adoption of construction accounting software, which is used for accounting applications, including accounts payable, accounts receivable, payroll, and general ledger, as well as modules for job cost, estimating, equipment control, inventory control, purchase orders, work orders and AIA billings.
Growing adoption of software solutions in developing nations
Developing nations such as India and China are rapidly embracing digitalization, which is leading to the adoption of software solutions in various industries, including the construction industry. These countries are widely adopting construction accounting software to tackle challenges such as complex spreadsheets, lost receipts, and never-ending paperwork. The software adoption provides financial management functionality for construction firms.
Construction Accounting Software Market Report Segmentation Analysis
Key segments that contributed to the derivation of the construction accounting software market analysis are offering, deployment, and application.
- Based on the offering, the construction accounting software market is divided into solution and services. The solution segment has the largest market share in 2023.
- By deployment, the market is segmented into on premise and cloud. The cloud segment is expected to grow with the highest CAGR.
- By application, the market is segmented into small and mid-sized construction companies and large construction companies. The small and mid-sized construction companies segment is expected to grow with the highest CAGR.
Construction Accounting Software Market Share Analysis by Geography
The geographic scope of the construction accounting software market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America region held a significant market share. The growing construction industry is the major factor driving the market in the region. The construction industry is one of the major contributors to the region's countries' economy, which has led to the adoption of software solutions for simplifying the tasks in construction accounting. The rising construction projects and growing residential sector are fueling the market growth.
Construction Accounting Software Market Regional Insights
The regional trends and factors influencing the Construction Accounting Software Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Construction Accounting Software Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

- Get the Regional Specific Data for Construction Accounting Software Market
Construction Accounting Software Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 984.73 Million |
Market Size by 2031 | US$ 1657.46 Million |
Global CAGR (2023 - 2031) | 6.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Offering
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Construction Accounting Software Market Players Density: Understanding Its Impact on Business Dynamics
The Construction Accounting Software Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Construction Accounting Software Market are:
- Sage Group plc
- Chetu Inc
- Procore Technologies
- Deltek Inc
- Foundation Software, LLC
- Fresh book
Disclaimer: The companies listed above are not ranked in any particular order.

- Get the Construction Accounting Software Market top key players overview
Construction Accounting Software Market News and Recent Developments
The construction accounting software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the construction accounting software market are listed below:
- Kojo, the construction industry's leading materials and inventory management platform, announced the launch of Kojo AP (accounts payable). Kojo AP is a suite of features built specifically for commercial construction accounting teams to address the final step in the material management workflow: payments. Kojo AP eliminates many of the manual data entry processes for contractors' accounting teams, automatically catching mistakes on invoices and enabling vendors to get paid directly in one system. (Source: Kojo, Press Release, May 2024)
Construction Accounting Software Market Report Coverage and Deliverables
The "Construction Accounting Software Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Construction accounting software market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Construction accounting software market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Construction accounting software market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the construction accounting software market
- Detailed company profiles
Frequently Asked Questions
What would be the estimated value of the construction accounting software market by 2031?
The estimated value of the construction accounting software market will be US$ 1657.46 million by 2031.
Which are the leading players operating in the construction accounting software market?
Sage Group plc; Chetu Inc.; Procore Technologies; Deltek Inc.; Foundation Software, LLC; Fresh book; Intuit Inc.; Buildertrend; Viewpoint Inc.; and Xero Limited are some of the key players operating in the construction accounting software market.
What is the future trend of the construction accounting software market?
Upcoming mega projects in various industries are considered a key trend in the construction accounting software market.
What are the driving factors impacting the construction accounting software market?
The growing digitalization in the construction industry and the rising construction industry are the key driving factors impacting the construction accounting software market.
What is the expected CAGR of the construction accounting software market?
The global construction accounting software market is estimated to register a CAGR of 6.7% during the forecast period 2023–2031.
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
- Parking Meter Apps Market
- eSIM Market
- Advanced Distributed Management System Market
- Online Exam Proctoring Market
- Electronic Data Interchange Market
- Barcode Software Market
- Maritime Analytics Market
- Cloud Manufacturing Execution System (MES) Market
- Robotic Process Automation Market
- Digital Signature Market
Testimonials

I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.
DR CHIJIOKE ONYIA, MANAGING DIRECTOR, PineCrest Healthcare Ltd.
The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services
Yukihiko Adachi CEO, Deep Blue, LLC.Reason to Buy
- Informed Decision-Making
- Understanding Market Dynamics
- Competitive Analysis
- Customer Insights
- Market Forecasts
- Risk Mitigation
- Strategic Planning
- Investment Justification
- Identifying Emerging Markets
- Enhancing Marketing Strategies
- Boosting Operational Efficiency
- Tracking Industry Innovations
- Aligning with Regulatory Trends
Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.
Absolutely — analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.
Once your order is successfully placed, you will receive a confirmation email along with your invoice.
• For published reports: You’ll receive access to the report within 4–6 working hours via a secured email sent to your email.
• For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.
We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we’ll be happy to provide a customized proposal or scope.
The report is available in either PDF format or as an Excel dataset, depending on the license you choose.
The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
Please review the license options at checkout or contact us to confirm which formats are included with your purchase.
Our payment process is fully secure and PCI-DSS compliant.
We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
You can make your purchase with confidence, knowing your personal and financial information is safe with us.
Yes, we do offer special pricing for bulk purchases.
If you're interested in purchasing multiple reports, we’re happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you’re considering, and we’ll share a personalized quote.
Yes, absolutely.
Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we’re here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.
Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.
Yes, certainly.
If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we’ll ensure the issue is resolved quickly so you can access your report without interruption.

















