Industry Background:
Pavement management software helps pavement and asphalt contractors to manage different business processes such as cost estimation, project scheduling and employee time tracking. It helps to store client property information such as pavement area, parking stalls, linear feet of cracks etc. It creates estimates based on measurement and the company’s production rate. It helps to track the time of field workers in multiple locations. It has a wide range of functionality such as cost estimation, proposal generation, job management and project scheduling.This growth is primarily driven by Wide Range of Applications
.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Application Software sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as THE TRANSTEC GROUP, INC. (United States), STACK Construction Technologies (United States), Tech In The Field, Inc. (India), Fivepaws DotNet Solutions, LLC. (United States), UDA Technologies (United States), TOPS Software, LLC. (United States), On Center Software, Inc. (United States), ComputerEase Software (United States), Viewpoint (United Kingdom) and eTakeoff, LLC (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In March 2022, STACK Construction Technologies acquired two innovative pre-construction and construction solutions: Bid Retriever and K-Ops. By combining four powerful construction technology solutions, the company continues to realize its vision of becoming the industry's leading platform, especially for subcontractors.
In August 2019, Deltek, the leading global provider of software and solutions for project-based businesses, acquired ComputerEase – the standard in construction accounting, project management, and field management software for contractors. With this acquisition, Deltek will secure its place in the construction industry, adding to its powerful portfolio of solutions for architects, engineers, and construction firms (AEC).
Influencing Trend:
Technological Innovations and Improvement
Market Growth Drivers:
Wide Range of Applications and Easy To Operate or Manage
Challenges:
increasing investment in technologies
Restraints:
Lack of Awareness about the Software
Opportunities:
Growing Demand from Construction Industry and Rising Adoption of Paving Software
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Pavement Management Software Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Pavement Management Software Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Pavement Management Software players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Pavement Management Software Study Sheds Light on
The Pavement Management Software Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Pavement Management Software industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Pavement Management Software industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.