Building Success with Construction Estimating Software Market Innovations - PowerPoint PPT Presentation

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Building Success with Construction Estimating Software Market Innovations

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The construction estimating software market refers to the industry that develops and sells software solutions used by construction professionals to estimate and manage project costs. These software solutions are designed to streamline the estimating process by automating calculations, generating accurate cost estimates, and providing project management tools to help construction professionals stay on budget and on schedule. The construction estimating software market is expected to grow in the coming years, as more construction professionals adopt digital tools to improve their efficiency and competitiveness. Key players in the market include software developers such as Procore Technologies, Sage Group, PlanSwift, and Autodesk, among others. As the construction industry continues to evolve, the demand for construction estimating software is expected to remain strong. – PowerPoint PPT presentation

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Title: Building Success with Construction Estimating Software Market Innovations


1
Construction Estimating Software Market
2
As per a study conducted by Persistence Market
Research, the global Construction Estimating
Software Market is anticipated to secure US
357.4 Million in 2022, whereas, it was valued US
340.0 Million in 2021. Owing to the rapid
digitalization in the construction sector, the
market for construction estimating software is
likely to flourish significantly, securing US
556.0 Million while recording a CAGR of 4.5
during the forecast period from
2022-2032. Increasing demand for cloud-based
enterprise applications and their easy access
through smartphones are some of the major factors
driving the growth of the construction estimating
software market. The introduction of IoT in
construction estimating software has made the job
easy by maximizing workflow effectiveness and
providing an accurate estimation of the cost of
the raw materials. Request the sample copy of
report _at_ https//www.persistencemarketresearch.com
/samples/33110 Construction estimating software
helps commercial construction firms streamline
their workflows and maximize productivity by
digitalizing their preconstruction process this
leads to accurate estimates, and improved
construction bidding. Globally, rising
construction spending is expected to be one of
the long-term factors driving sales in the market
over the forecast period
Construction Estimating Software Market
3
Key Takeaways
  • The global construction estimating software
    market to value US 340.0 Million in 2021
  • the global construction estimating software
    market to exhibit a 4.5 growth rate from
    2022-2032
  • By product, the construction accounting segment
    to record 4.5 during the forecast period
  • The global construction estimating software
    market to secure US 556.0 Million by 2032
  • The end-user segment is projected to witness 4.4
    during the assessment period.
  • The UK market to value USD 22.9 Million while
    exhibiting a 3.2 growth rate in the assessment
    period.
  • Market in China is projected to secure USD 40.0
    Million, expanding at a 3.9 CAGR in the forecast
    period
  • Market in Japan is expected to procure USD 32.2
    Million while exhibiting a 2.9 CAGR from
    2022-2032

Construction Estimating Software Market
4
Competitive Landscape
  • Key players in the global construction estimating
    software market are taking several initiatives to
    expand their reach in the global market. Players
    focus on industry collaborations, mergers
    acquisitions, and partnerships. Some of the
    eminent players in the region include
  • Autodesk, Inc.
  • Buildsoft Pty Ltd.
  • Corecon Technologies, Inc.
  • Heavy Construction Systems Specialists, Inc.
  • PlanSwift Software
  • Sage Group plc
  • STACK Construction Technologies
  • Bluebeam Software Inc.
  • 4Clicks Solutions
  • Causeway Technologies

Construction Estimating Software Market
5
Recent Developments
  • In April 2022  Procore Technologies,
    Inc. announced a new integration with Building
    Transparency with the mission to enable broad and
    swift action to address the construction
    industrys role in climate change. The
    integration enables Procore users to leverage the
    Embodied Carbon in Construction Calculator (EC3)
    in an effort to drive sustainability across the
    global construction industry.
  • In January 2022  Corecon Technology Inc.
    announced a new integration with DocuSign
    eSignature for use within Corecons cloud-based
    construction estimating project management and
    job cost software suit. This new feature allows
    Corecon subscribers to securely obtain and track
    electronic signatures on construction documents
    along with other project information in one
    secure location

Construction Estimating Software Market
6
Key Segments
  • Construction Estimating Software Market by
    Product
  • Construction Estimating software for construction
    accounting
  • Construction Estimating software for construction
    management
  • Construction Estimating software for construction
    suites
  • Construction Estimating software for project
    management
  • Construction Estimating Software Market by End
    User
  • Construction Estimating software for Builders
    Contractors
  • Construction Estimating software for Construction
    Managers
  • Construction Estimating software for Engineers
    Architects
  • Construction Estimating Software Market by
    Deployment
  • On-cloud Construction Estimating software
  • On-Premises Construction Estimating software
  • Construction Estimating Software Market by Region
  • North America Construction Estimating Software
    Market
  • Europe Construction Estimating Software Market
  • Asia-Pacific Construction Estimating Software
    Market
  •  Middle East Africa Construction Estimating
    Software Market
  • Latin America Construction Estimating Software
    Market

Construction Estimating Software Market
7
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