What is Public Works Software Market?
Public works software helps local governments to manage public buildings, spaces and services as well as public assets and infrastructure. It helps to keep local buildings and infrastructure safe for citizens. Public works software helps public work departments to streamline their processes and enable more efficient use of limited resources. High benefits and increased application of the public works software are the driving factors for global public works software.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Avolve Software (United States), iWorQ Systems (United States), Infor (United States), Accela (United States), AssetWorks (United States), Vancouver, BC (Canada), Iowa (United States), CitiTech System (United States), Azteca Systems (United States) and Bentley Systems (United States) |
The market study is being classified by Type (Cloud-Based and On-Premises), by Application (Mobile, PC and Others) and major geographies with country level break-up. According to AMA, the Global Public Works Software market is expected to see steady growth rate.
Avolve Software (United States), iWorQ Systems (United States), Infor (United States), Accela (United States), AssetWorks (United States), Vancouver, BC (Canada), Iowa (United States), CitiTech System (United States), Azteca Systems (United States) and Bentley Systems (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are PubWorks (United States), Novo Solutions and UpKeep Technologies.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Public Works Software market throughout the forecasted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Public Works Software market by Type, Application and Region.
On the basis of geography, the market of Public Works Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Efficiently Manage Assets in One Place
- Growing Demand for Public Works Software
- Increased Applications of Public Works Software
Market Trend
- Catalytic Program in Improving Efficiency
- Increased Adoption of Cloud-Based Solutions
Restraints
- Low Awareness about Software and Its Function
- Lack of Skilled Professionals
Opportunities
- Increasing Demand from End-users
- Increasing Penetration of Internet
- Government Initiatives for System Automation
Challenges
- Technological Complexities Associated with Software
Key Target Audience
Public Works Software Developers, Emerging Companies, Municipal Corporations, Utility Bodies and Government Body & Associations