Construction Management Software Market Scope
Construction management software helps the user to oversee off-site construction crews and follow project progress. The management solutions offer development, project management, and workforce management for construction teams in the field. The construction management software features may include punch lists, time tracking, and expense management. Project management software handles the projects, resources and financials from project planning to closeout. Some construction management products also provide more inclusive functionality, which may comprise construction accounting and construction estimating capabilities.
Major players in the architecture, engineering, and construction (AEC) industry have started acquiring smaller companies that are more agile, and innovative. The construction industry is changing and impacting both the approach to construction projects and the resources utilized once projects begin. Acquisitions and consolidations result in cloud suites that compromise modular variations of standalone point solutions, as well as seamless integrations with construction tools or applications. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Construction Management Software market throughout the predicted period.
Fieldwire (United States), VPO (United States), Autodesk Inc. (United States), Bentley Systems Inc. (United States), Buildertrend Solutions Inc. (United States), Computer Methods International Corp., ConstructConnect Inc. (United States), Odoo SA (Belgium), Oracle Corp. (United States), Procore Technologies Inc. (United States), Sage Group Plc (United Kingdom) and Trimble Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Construction Management Software market by Type (Project management [Building design and building information modeling (BIM) software, Project management software] and Capital project management [Project-based ERP software, Environmental health and safety software, Architectural rendering software]) and Region with country level break-up.
On the basis of geography, the market of Construction Management 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).
Influencing Trend:
The construction industry is a hive of innovation and technological evolution. Any new development in construction technology is geared toward creating the construction process more efficient and making up any losses that come with a deficiency in labor. The mobile access, Drones and robotics are the trends point to more endeavors in efficiency, automation, convenience, and integration with existing solutions.
Market Growth Drivers:
Increasing Demand as it Improves Construction Productivity and Reduce Ground Investigation Risk
Challenges:
Lack of Awareness about Construction Management Software
Restraints:
Limited Number of Trained Professionals
Opportunities:
Increasing Number of Construction Projects Globally and Growing Demand for Green Buildings
Key Target Audience
Software Developers, Architects, Constructing Service Providers, Construction Companies, Research Institutes & Universities and Regulatory Bodies
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.