Cost Estimating Software Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Type (On-premise, Cloud Based); Industry Vertical (Mining Industry, Construction Industry, Oil and Gas Industry, Energy Industry, Others) and Geography
Report Code: TIPRE00012760
| No. of Pages: 150
| Category: Technology, Media and Telecommunications
| Status: Upcoming
Cost estimating software is a tool for calculating the overall cost of a given project. Different costs calculated using cost estimating tools include, among others, labor, supplies, equipment, tools, facilities, and cost of contingency. It is an iterative method in which monetary resource approximation is measured to minimize the chances of project failure. Additionally, this software, in an extremely unpredictable scenario, provides the project managers with a competitive advantage.
One of the major factors driving the market growth is the growing need to estimate the cost of projects to reduce related expenses accurately. However, the increasing adoption of open-source cost estimation software and issues associated with the accuracy of cost estimation software might hamper the market growth during the forecast period. Further, few major trends anticipated accelerate the market growth in the coming years are growing adoption of cost estimating software in the construction industry and integration with existing technology such as Building Information Modeling (BIM).
The "Global Cost Estimating Software Market Analysis To 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The cost estimating software market report aims to provide an overview of the cost estimating software market with detailed market segmentation by type, industry vertical, and geography. The global cost estimating software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cost estimating software market players and offers key trends and opportunities in the market.
The global cost estimating software market is segmented on the basis of type and industry vertical. Based on type, the cost estimating software market is segmented into: On-premise and Cloud Based. Based on industry vertical, the cost estimating software market is segmented into: Mining Industry, Construction Industry, Oil and Gas Industry, Energy Industry, and Others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cost estimating software market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The cost estimating software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the cost estimating software market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the cost estimating software market in these regions.
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The reports cover key developments in the cost estimating software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from cost estimating software market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the cost estimating software market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cost estimating software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. Citius Corporation
2. Loopio Inc.
6. Proposify Inc.
8. Salesforce.com, inc.
9. Verenia LLC
10. Viewpoint, Inc.