About Home Building Softwares
Home building software is commonly used to create and manage documentation for home building projects. It also helps professionals to monitor the projects, their progress, scheduling, and costs. The software also allows to create models for residential construction. The increasing demand for innovative and unique home designs has boosted the adoption of advanced technological solutions. However, the availability of a large number of players and rapid adoption of advanced technologies in the US raise huge market growth in the nearer future.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.5% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Home Building 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.
Sage (United States), Trimble Inc. (United States), Chief Architect Software (United States), Oracle Corporation (United States), IMSI Design (United States), RoomSketcher (Norway), PlanSwift (United States), Knowify LLC (United States), Procore Technologies (United States), UDA Technologies (United States) and Buildertrend (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Home Building Softwares market by , Application (New Construction and Renovations) and Region.
On the basis of geography, the market of Home Building 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 Deployment, the sub-segment i.e. Cloud will boost the Home Building Softwares market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-user, the sub-segment i.e. Architectures will boost the Home Building Softwares market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. 2D/3D Modeling will boost the Home Building Softwares market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operating System, the sub-segment i.e. MacOS will boost the Home Building Softwares market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Trend of Cloud-based Software and Inclination towards the Mobile-based Software
Market Growth Drivers:
High Growth of Residential Building Construction Activities Due to Increasing Population and Urbanization and Need for Technological Solutions to Make 3D Models and Manage Building Designs
Challenges:
Slow Adoption in the Underdeveloped Countries Due to Lack of Awareness
Restraints:
High Cost of Software Packages and Lack of Skilled Professionals
Opportunities:
Growing Implementation of Home Building Software by Small and Medium Industries
Market Leaders and their expansionary development strategies
October 2023: Autodesk, Inc. a software company known for its AutoCAD design software, partnered with Trimble, a provider of construction technology solutions, to integrate their offerings. This partnership aims to improve collaboration and data exchange between design and construction phases
June 2023, Procore Technologies, Inc. (NYSE: PCOR), a leading provider of construction management software, announced the launch of its new platform, Procore Data, which aims to centralize and analyze construction project data
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Home Building Software Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users 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.