Construction management

The global construction management software market is estimated

SEATTLE, Aug 11, 2021 (GLOBE NEWSWIRE) – Construction management software provides a range of solutions that help users effectively manage construction projects, resources and clients. Construction management software increases the efficiency and accountability of businesses and construction companies while streamlining previously manual processes, such as daily internal communications, task scheduling, listing of items, and listing creation QA / QC. In addition, construction management software can monitor the cost control system to get estimated profit on projects and monitor planned results.

The Global site management software Marlet is estimated at 2.6 billion in value by the end of 2028

Market factors

1. Igrowing number of construction projects across the globe is expected to propel the growth of the global construction management software market during the forecast period

The increasing number of construction projects in countries like United States, China, and India is expected to drive the growth of the market. In addition, the construction industry in India employs over 40 million people and has a large pool of low-cost workers. In addition, various government flagship programs such as “Smart Cities”, “Housing for All”, “Make in India” and “Atal Mission for Urban Rejuvenation and Transformation” (AMRUT) are expected to drive the market growth.

2. The growing need for construction process management is expected to drive the growth of the global market site management software momrket during the forecast period

Construction management software can monitor cost control system to get estimated profit on projects and monitor planned results. Construction project management software provides functionality to manage construction projects from their inception, activating features that monitor the various stages of a project, including the provision of design services and subcontractors, contract methods and management of the construction contract process.

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Market opportunity

1. Construction projects on the rise in Asia-Pacific may present lucrative growth opportunities to the world site management software Marlet

The Asia-Pacific region is expected to experience the highest growth rate during the forecast period, owing to the increasing number of construction projects in China and India. With a large number of ongoing construction project opportunities, India is the third largest contributor to economic growth across the world.

2. The increasing adoption of construction management software by construction companies to increase efficiency and accountability may present major business opportunities in the global market

Construction management software improves the efficiency and accountability of construction companies and businesses by streamlining their manual processes. In addition, it assists in work planning, time estimates, project management, work cost assessment, cost control, point list and construction risk assessment. . This increases the adoption of the software in the construction industry which in turn drives the growth of the construction management software market.

Market trends:

1. Rising popularity of cloud-based construction management software

Cloud-based construction management software is expected to gain traction in the global construction management software market. For example, Jonas Construction Software Inc. offers cloud-based construction management software for general contractors, real estate developers, home builders and trade contractors.

2. Construction management software is expected to gain traction rapidly in oIT and gas sector

A notable increase in demand for construction management software is expected from the oil and gas industry. This is because the software helps improve transparency in brownfield, land and shale-based construction projects. The software also helps to monitor the development of oil and gas plants as well as to monitor deep water oil and gas projects.

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Competition section:

The major companies involved in the global construction management software market are BENTLEY SYSTEMS, INCORPORATED, PlanGrid, Inc., Procore Technologies, Inc., Sage Group plc, Trimble Navigation Limited, Viewpoint, Inc., Oracle, BrickControl.com , BuildStar Technologies, Inc., Buildtools Inc, CATCloud., E-Builder Inc, eSUB Inc. Jonas Construction Software Inc, Systemates, Inc., Autodesk Inc., Buildertrend, CMiC., ConstructConnect and Odoo SA

For example, Oracle offers construction management software for a variety of applications, including schedule management, project and construction cost control, design and construction coordination, construction document management, and construction cost control. management of construction payments.

Segmentation

By deployment:

By end user:

  • Builders and contractors
  • Construction managers
  • Engineers and Architects

By region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

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