About Construction Punch List Softwares
Construction punch lists are the lists of discrepancies between what the contract documents call for and what the parties to the contract delivered. The project punch list generally starts with the owner. Contractor’s construction managers use the owner punch list and make their own punch lists for the subcontractors who work with them. Construction punch list softwares is a powerful tool due to contractors usually must clear up the punch list items before they can get paid. Punch list softwares identify minor issues before they become major.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Global Construction Punch List Softwares is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Services and Softwares. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Construction Punch List Softwares market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Fieldwire (United States), Buildertrend (United States), FinishLine Software (United States), Procore (United States), Alpha Software (United States), FINALCAD (France), Buildup (United States), PlanGrid (United States), Autodesk (United States) and Viewpoint (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Construction Punch List Softwares market by Type (iOS, Android, Windows and Others), Application (General Contractors, Building Owners, Independent Construction Managers, Sub-Contractors and Others) and Region.
On the basis of geography, the market of Construction Punch List Softwares has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). If we see Market by Subscription Type, the sub-segment i.e. Monthly will boost the Construction Punch List Softwares market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-based will boost the Construction Punch List Softwares market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement in Technologies
Market Growth Drivers:
Increasing Applications of Construction Punch List Softwares by Construction Owners, Managers, and Contractors and Growing Construction Sectors across the Globe
Challenges:
Increasing Incidence of Data Leak
Restraints:
Lack of Skilled Operators
Opportunities:
Rising Adoption of New Technologies can create Opportunities for the Global Construction Punch List Softwares Market Growth
Market Leaders and their expansionary development strategies
On 24th November 2020, Autodesk acquired the Spacemaker. The acquisition provides a powerful platform to drive modern, user-centric automation and accelerate outcome-based design capabilities for architects, and urban designers, and planners.
In November 2021, Hilti Corporation acquired Fieldwire, a technology company based in San Francisco for price of approximately USD 300 million. Hilti Corporation, is innovator of tools, technology, software and services to the commercial construction industry. This helped company to expand its presence in construction punch list software market
Key Target Audience
Construction Punch List Softwares Services, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.