What is Architectural Design Software Market Scope?
Architectural design software provides a design plan that describes the elements of a system, how they fit and work together to fulfill the requirement of the system. 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.
Influencing Trend:
Rising Popularity of IoT and Virtual Reality and Growing Trends in Building Information Modeling
Market Growth Drivers:
Growing Construction Industry across the Worldwide, Rising Urbanization and Infrastructural Projects in Developing Economies and Increasing Popularity of Architecture, Engineering and Construction’s among the Engineers and Architectures
Challenges:
Lack of Skilled Working Professionals
Restraints:
Cyber Security Threats and High Cost of Software may Hinder the Market Growth
Opportunities:
Technological Advancements and Development in Architectural Design Software and Rising Construction Projects and Governments Infrastructure Development Project among the Developing Countries
The Architectural Design Software market study is being classified by Type (Drafting and 3D Modeling, Building Information Modeling (BIM), Design Automation and Others), by Application and major geographies with country level break-up.
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.The Players having a strong hold in the market are Autodesk, AVEVA Group, PTC, and Bentley Systems.
Autodesk (United States), AVEVA Group (United Kingdom), PTC (United States), Bentley Systems (United States), Dassault Systèmes (France), ANSYS (United States), Computers and Structures, Inc. (United States), Trimble, Inc. (United States), Mathsoft (United States), Archon Engineering (United States) and Intergraph (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Carlson Software (United States), Construsoft B.V. (Netherlands), GEOTEC Software (Canada), Foresoft Pty Ltd (Australia), Carlson Software, Inc. (United States), Roads & Bridges (United States) and Esri (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Architectural Design Software market by Type, Application and Region.
On the basis of geography, the market of Architectural 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).
Market Influencers and their 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.
In May 2023, Autodesk, Inc. launched industry cloud it design, build and operate the built environment. This is the first step for the architecture, engineering, construction, and operations industry cloud, as new features and capabilities will be added to Forma on a continual basis. This launch helped company to expand its presence in architectural design software market
Key Target Audience
Architectural Design Software Providers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Architectural Design Software Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Architectural Design Software Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Architectural Design Software industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.