Construction estimating software enables the builders, contractors, and any construction company to accurately estimate project costs. Construction estimating can efficiently track costs, reduces errors, and manage the budget of a job both before and during the lifecycle of a project. This, in turn, rising the deployment of construction estimating software which accelerates the growth of the market during the forecast period.
MARKET DYNAMICS
Construction estimating software is used to improve the accuracy and speed of the total estimation process of a construction project. This software provides the actual estimated cost of the project, thus help determine the bottom-line cost of the construction project and eventually widen the profit margin. Thereby, increasing adoption of the construction estimating software that propels the growth of the market. Further, growing urbanization, continuous increase in construction activities, and low-cost solution provided by the cloud-based deployment are expected to fuel the growth of the construction estimating software market.
MARKET SCOPE
The "Global Construction Estimating Software Market Analysis to 2028" is a specialized and in-depth study of the Construction estimating software industry with a special focus on the global market trend analysis. The report aims to provide an overview construction estimating software market with detailed market segmentation as deployment type, end-user, and geography. The global construction 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 construction estimating software market players and offers key trends and opportunities in the construction estimating software market.
MARKET SEGMENTATION
The global construction estimating software market is segmented on the basis of deployment type, end-user. On the basis of deployment type the market is segmented as cloud, on-premises. On the basis of end-user the market is segmented as construction company, contractors, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Construction estimating software market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The construction estimating software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting construction estimating software market from both demand and supply side and further evaluates market dynamics effecting 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 America after evaluating political, economic, social and technological factors effecting the construction estimating software market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Construction estimating software market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The construction estimating software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting construction estimating software market from both demand and supply side and further evaluates market dynamics effecting 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 America after evaluating political, economic, social and technological factors effecting the construction estimating software market in these regions.
MARKET PLAYERS
The reports cover key developments in the construction 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 expansion of business and customer base of market players. The market players from Construction estimating software market are anticipated to lucrative growth opportunities in the future with the rising demand for construction estimating software in the global market. Below mentioned is the list of few companies engaged in the construction estimating software market.
The report also includes the profiles of key construction estimating software companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Autodesk, Inc.
- Buildsoft Pty Ltd. (Mitek Australia Ltd.)
- CCS (Construction Computer Software (Pty) Ltd)
- CoConstruct
- Corecon Technologies, Inc.
- Eclipse CS Pty Ltd
- Heavy Construction Systems Specialists, Inc. (HCSS)
- PlanSwift (ConstructConnect)
- Sage Group plc
- STACK Construction Technologies
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Construction Estimating Software Market - By Deployment Type
1.3.2Construction Estimating Software Market - By End-user
1.3.3Construction Estimating Software Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.CONSTRUCTION ESTIMATING SOFTWARE MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.CONSTRUCTION ESTIMATING SOFTWARE MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.CONSTRUCTION ESTIMATING SOFTWARE MARKET - GLOBAL MARKET ANALYSIS
6.1.CONSTRUCTION ESTIMATING SOFTWARE - GLOBAL MARKET OVERVIEW
6.2.CONSTRUCTION ESTIMATING SOFTWARE - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.CONSTRUCTION ESTIMATING SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT TYPE
7.1.OVERVIEW
7.2.DEPLOYMENT TYPE MARKET FORECASTS AND ANALYSIS
7.3.CLOUD
7.3.1.Overview
7.3.2.Cloud Market Forecast and Analysis
7.4.ON-PREMISES
7.4.1.Overview
7.4.2.On-premises Market Forecast and Analysis
8.CONSTRUCTION ESTIMATING SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
8.1.OVERVIEW
8.2.END-USER MARKET FORECASTS AND ANALYSIS
8.3.CONSTRUCTION COMPANY
8.3.1.Overview
8.3.2.Construction Company Market Forecast and Analysis
8.4.CONTRACTORS
8.4.1.Overview
8.4.2.Contractors Market Forecast and Analysis
8.5.OTHERS
8.5.1.Overview
8.5.2.Others Market Forecast and Analysis
9.CONSTRUCTION ESTIMATING SOFTWARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Construction Estimating Software Market Overview
9.1.2North America Construction Estimating Software Market Forecasts and Analysis
9.1.3North America Construction Estimating Software Market Forecasts and Analysis - By Deployment Type
9.1.4North America Construction Estimating Software Market Forecasts and Analysis - By End-user
9.1.5North America Construction Estimating Software Market Forecasts and Analysis - By Countries
9.1.5.1United States Construction Estimating Software Market
9.1.5.1.1United States Construction Estimating Software Market by Deployment Type
9.1.5.1.2United States Construction Estimating Software Market by End-user
9.1.5.2Canada Construction Estimating Software Market
9.1.5.2.1Canada Construction Estimating Software Market by Deployment Type
9.1.5.2.2Canada Construction Estimating Software Market by End-user
9.1.5.3Mexico Construction Estimating Software Market
9.1.5.3.1Mexico Construction Estimating Software Market by Deployment Type
9.1.5.3.2Mexico Construction Estimating Software Market by End-user
9.2.EUROPE
9.2.1Europe Construction Estimating Software Market Overview
9.2.2Europe Construction Estimating Software Market Forecasts and Analysis
9.2.3Europe Construction Estimating Software Market Forecasts and Analysis - By Deployment Type
9.2.4Europe Construction Estimating Software Market Forecasts and Analysis - By End-user
9.2.5Europe Construction Estimating Software Market Forecasts and Analysis - By Countries
9.2.5.1Germany Construction Estimating Software Market
9.2.5.1.1Germany Construction Estimating Software Market by Deployment Type
9.2.5.1.2Germany Construction Estimating Software Market by End-user
9.2.5.2France Construction Estimating Software Market
9.2.5.2.1France Construction Estimating Software Market by Deployment Type
9.2.5.2.2France Construction Estimating Software Market by End-user
9.2.5.3Italy Construction Estimating Software Market
9.2.5.3.1Italy Construction Estimating Software Market by Deployment Type
9.2.5.3.2Italy Construction Estimating Software Market by End-user
9.2.5.4United Kingdom Construction Estimating Software Market
9.2.5.4.1United Kingdom Construction Estimating Software Market by Deployment Type
9.2.5.4.2United Kingdom Construction Estimating Software Market by End-user
9.2.5.5Russia Construction Estimating Software Market
9.2.5.5.1Russia Construction Estimating Software Market by Deployment Type
9.2.5.5.2Russia Construction Estimating Software Market by End-user
9.2.5.6Rest of Europe Construction Estimating Software Market
9.2.5.6.1Rest of Europe Construction Estimating Software Market by Deployment Type
9.2.5.6.2Rest of Europe Construction Estimating Software Market by End-user
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Construction Estimating Software Market Overview
9.3.2Asia-Pacific Construction Estimating Software Market Forecasts and Analysis
9.3.3Asia-Pacific Construction Estimating Software Market Forecasts and Analysis - By Deployment Type
9.3.4Asia-Pacific Construction Estimating Software Market Forecasts and Analysis - By End-user
9.3.5Asia-Pacific Construction Estimating Software Market Forecasts and Analysis - By Countries
9.3.5.1Australia Construction Estimating Software Market
9.3.5.1.1Australia Construction Estimating Software Market by Deployment Type
9.3.5.1.2Australia Construction Estimating Software Market by End-user
9.3.5.2China Construction Estimating Software Market
9.3.5.2.1China Construction Estimating Software Market by Deployment Type
9.3.5.2.2China Construction Estimating Software Market by End-user
9.3.5.3India Construction Estimating Software Market
9.3.5.3.1India Construction Estimating Software Market by Deployment Type
9.3.5.3.2India Construction Estimating Software Market by End-user
9.3.5.4Japan Construction Estimating Software Market
9.3.5.4.1Japan Construction Estimating Software Market by Deployment Type
9.3.5.4.2Japan Construction Estimating Software Market by End-user
9.3.5.5South Korea Construction Estimating Software Market
9.3.5.5.1South Korea Construction Estimating Software Market by Deployment Type
9.3.5.5.2South Korea Construction Estimating Software Market by End-user
9.3.5.6Rest of Asia-Pacific Construction Estimating Software Market
9.3.5.6.1Rest of Asia-Pacific Construction Estimating Software Market by Deployment Type
9.3.5.6.2Rest of Asia-Pacific Construction Estimating Software Market by End-user
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Construction Estimating Software Market Overview
9.4.2Middle East and Africa Construction Estimating Software Market Forecasts and Analysis
9.4.3Middle East and Africa Construction Estimating Software Market Forecasts and Analysis - By Deployment Type
9.4.4Middle East and Africa Construction Estimating Software Market Forecasts and Analysis - By End-user
9.4.5Middle East and Africa Construction Estimating Software Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Construction Estimating Software Market
9.4.5.1.1South Africa Construction Estimating Software Market by Deployment Type
9.4.5.1.2South Africa Construction Estimating Software Market by End-user
9.4.5.2Saudi Arabia Construction Estimating Software Market
9.4.5.2.1Saudi Arabia Construction Estimating Software Market by Deployment Type
9.4.5.2.2Saudi Arabia Construction Estimating Software Market by End-user
9.4.5.3U.A.E Construction Estimating Software Market
9.4.5.3.1U.A.E Construction Estimating Software Market by Deployment Type
9.4.5.3.2U.A.E Construction Estimating Software Market by End-user
9.4.5.4Rest of Middle East and Africa Construction Estimating Software Market
9.4.5.4.1Rest of Middle East and Africa Construction Estimating Software Market by Deployment Type
9.4.5.4.2Rest of Middle East and Africa Construction Estimating Software Market by End-user
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Construction Estimating Software Market Overview
9.5.2South and Central America Construction Estimating Software Market Forecasts and Analysis
9.5.3South and Central America Construction Estimating Software Market Forecasts and Analysis - By Deployment Type
9.5.4South and Central America Construction Estimating Software Market Forecasts and Analysis - By End-user
9.5.5South and Central America Construction Estimating Software Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Construction Estimating Software Market
9.5.5.1.1Brazil Construction Estimating Software Market by Deployment Type
9.5.5.1.2Brazil Construction Estimating Software Market by End-user
9.5.5.2Argentina Construction Estimating Software Market
9.5.5.2.1Argentina Construction Estimating Software Market by Deployment Type
9.5.5.2.2Argentina Construction Estimating Software Market by End-user
9.5.5.3Rest of South and Central America Construction Estimating Software Market
9.5.5.3.1Rest of South and Central America Construction Estimating Software Market by Deployment Type
9.5.5.3.2Rest of South and Central America Construction Estimating Software Market by End-user
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.CONSTRUCTION ESTIMATING SOFTWARE MARKET, KEY COMPANY PROFILES
11.1.AUTODESK, INC.
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.BUILDSOFT PTY LTD. (MITEK AUSTRALIA LTD.)
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.CCS (CONSTRUCTION COMPUTER SOFTWARE (PTY) LTD)
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.COCONSTRUCT
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.CORECON TECHNOLOGIES, INC.
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.ECLIPSE CS PTY LTD
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.HEAVY CONSTRUCTION SYSTEMS SPECIALISTS, INC. (HCSS)
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.PLANSWIFT (CONSTRUCTCONNECT)
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.SAGE GROUP PLC
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.STACK CONSTRUCTION TECHNOLOGIES
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. Autodesk, Inc.
2. Buildsoft Pty Ltd. (Mitek Australia Ltd.)
3. CCS (Construction Computer Software (Pty) Ltd)
4. CoConstruct
5. Corecon Technologies, Inc.
6. Eclipse CS Pty Ltd
7. Heavy Construction Systems Specialists, Inc. (HCSS)
8. PlanSwift (ConstructConnect)
9. Sage Group plc
10. STACK Construction Technologies
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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