What is Construction Takeoff Software Market Scope?
Construction takeoff software refers to computer programs that aid users in extracting material counts and estimates from digital blueprints. Takeoff software often comes equipped with features to generate cost and labor estimates as well. Construction professionals use construction takeoff software to create professional proposals and accurate estimates of their future work. The growing construction industry across the globe has led to significant growth of the global construction takeoff software market in the forecast period.
The Construction Takeoff Software market study is being classified by Type (Basic, Pro and Enterprise) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Construction Takeoff Software market throughout the predicted period.
Microsoft (United States), Procore Technologies, Inc. (United States), UDA Technologies (United States), Bluebeam, Inc. (United States), RedTeam (United States), JBKnowledge (United States), Takeoff Live (United States), JDM Technology Group Inc. (Canada), Constructconnect, Inc. (United States), eTakeoff (United States) and ProEst (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Glodon Software (China), BuildingConnected, Inc. (United States), PrioSoft (United States) and AppliCad (Australia).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Construction Takeoff Software market by Type, Application and Region.
On the basis of geography, the market of Construction Takeoff 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).
Market Influencers and their development strategies
On 27th October 2020, Procore Technologies, Inc. has announced it has acquired Esticom, a cloud-based estimating and takeoff solution and leader in preconstruction technology. This acquisition will add powerful estimating functionality to the Procore platform,
On 14th May 2020, Esticom cloud-based takeoff and estimating software has announced its latest integration with Foundation Software, a premiere online construction accounting, and project management software provider. The partnership simplifies the exchange of job costing data between estimating, accounting, and project management, providing an efficient, end-to-end solution for managing the construction process from project bidding through construction.
Influencing Market Trend
- Rising Hive of Innovation and Technological Evolution in the construction industry
Market Drivers
- Increasing Demand as it Improves Construction Productivity
- Growing Construction Industry across the Globe
Opportunities
- Increasing Number of Construction Projects Globally
- Growing Demand for Green Buildings
Restraints
- Limited Number of Trained Professionals
Challenges
- Lack of Awareness about Construction Takeoff Software
Key Target Audience
Construction Takeoff Software Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Customization available in this Study:
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