Construction management software helps construction companies and organizations in managing all details of construction such as estimating, job costing, and material take off, project management, cost control, and assessing construction risks. Moreover, construction management software helps to boost productivity of a construction project by reducing the response time and improves communication between employees. With large-scale development projects going on across the globe, there is a rise in adoption of construction management software, which is expected to fuel the market growth in the future.
MARKET SCOPE
The "Global Construction quality management software market Analysis to 2028" is a specialized and in-depth study of the Construction quality management software market with a special focus on the global market trend analysis. The report aims to provide an overview of the Construction quality management software market with detailed market segmentation by component, deployment, end-user, and geography. The global Construction quality management software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Construction quality management software market players and offers key trends and opportunities in the Construction quality management software market.
MARKET SEGMENTATION
- The global Construction quality management software market is segmented on the basis of deployment, and enterprise size, and end-user.
- On the basis of deployment, the market is segmented as on-premise, and cloud.
- On the basis of component, the market is segmented as software, and services.
- On the basis of end user the market is segmented into construction managers, builders and contractors, engineers and architects, others.
MARKET DYNAMICS
Drivers:
- Rapid urbanization to drive the market growth.
- Increase in requirements for large-scale project management across the globe is the major factor that drives growth of the market
Restraints:
- Interoperability issues and lack of technical expertise hampers the market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Construction quality management software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Construction quality management software market in these regions.
IMPACT OF COVID-19 ON Construction quality management software MARKET
The rapid spread of the Covid-19 pandemic has triggered a massive financial crisis and created a health crisis across the globe. The ongoing pandemic also had a significant impact on overall international trade and businesses. The outbreak of COVID-19 has slowed down the growth of the Construction quality management software market owing to challenges in maintaining operational continuity, securing network data, and adapting to new traffic patterns. Organizations have actively focused on understanding the function of automation in digital transformation due to the pandemic. Moreover, enterprises also learn to measure the Return on Investment (ROI) as compared to other competing initiatives. These factors are expected to have a significant effect on the market over the coming years.
MARKET PLAYERS
The report covers key developments in the Construction quality management software market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Construction quality management softwaremarket are anticipated to lucrative growth opportunities in the future with the rising demand for the Construction quality management software market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Construction quality management software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Autodesk Inc.
- Bentley Systems Inc.
- Buildertrend Solutions, Inc.
- Computer Methods International Corp.
- ConstructConnect Inc.
- Odoo SA
- Oracle Corp.
- Procore Technologies Inc.
- Sage Group Plc
- Trimble Inc.