What is Architecture Design Software Market?
The global architecture design software market is expected to grow at a significant pace during the forecast period, according to the AMA study. The rising demand for effective construction modeling propelled by the growing number of construction projects in residential & commercial sectors is one of the major factors aiding into the growth of the market.
Highlights from Architecture Design Software Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Autodesk Inc. (United States), Siemens Industry Software Inc (United States), Dassault Systemes (France), Robert McNeel & Associates (United States), Chief Architect, Inc (United States), Trimble Inc (United States), Chaos Software (Bulgaria), GRAPHISOFT SE (Hungary), BENTLEY SYSTEMS, INCORPORATED (United States), Act-3D (The Netherlands), Asynth (France) and Vectorworks, Inc (United States) |
The vendors in this market are focusing on expanding their presence in other types of software solutions for the construction industry in order to become full-length software providers to remain competitive in the industry by acquiring other vendors. For instance, in December 2018, Autodesk announced that it has completed the acquisition of PlanGrid, a leading provider of construction productivity software worth USD 875 million to accelerate the construction productivity. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Architecture Design Software market throughout the forecasted period.
Autodesk Inc. (United States), Siemens Industry Software Inc (United States), Dassault Systemes (France), Robert McNeel & Associates (United States), Chief Architect, Inc (United States), Trimble Inc (United States), Chaos Software (Bulgaria), GRAPHISOFT SE (Hungary), BENTLEY SYSTEMS, INCORPORATED (United States), Act-3D (The Netherlands), Asynth (France) and Vectorworks, Inc (United States) are some of the key players profiled in the study. Architecture Design Software Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Buildings and Facilities, Electric and Gas Utilities, Government, Mapping and Surveying, Mining, Rail and Transit and Roads and Highways |
Enterprise Size | Small & Medium Enterprises,Large Enterprises |
Platform | IOS,Windows,Android |
Deployment | On-Premise,Cloud-Based |
Operation | Design,Coordination,Visualization,Collaboration,Productivity Enhancement |
On the basis of geography, the market of Architecture Design 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.
Influencing Trend:
Implementation of Artificial Intelligence in Architectural Design Software
Market Growth Drivers:
Increasing Demand for Effective Construction Modelling Propelled by Growing Number of Construction Projects in Residential & Commercial Sectors and Increasing Demand for Attractive Interior Designing in Residential & Commercial Sectors
Challenges:
High Cost of Software
Opportunities:
Growing Construction Projects Across Different Regions will Boost the Demand for Architecture Design Software During the Near Future
Market Leaders & Development Strategies
In January 2019, Autodesk announced that it has completed the acquisition of BuildingConnected, a leading preconstruction platform worth USD 275 million through which the company is aiming to create a digital marketplace for the global construction industry