Punch lists, also known as snag lists, are crucial for a construction project. The punch list software generates lists and reports that use to identify deficiencies, incomplete work, and compliance issues. A rise in requirements for large-scale project management across the world is the major driving factor for the punch list software market growth during the forecast period.
MARKET SCOPE
The "Global Punch List Software Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the punch list software market with detailed market segmentation by platform, enterprise size, and geography. The report provides key statistics on the market status of the leading punch list software market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on platform, the global punch list software market is segmented into IOS, android, and others.
- On the basis of enterprise size, the market is segmented into SMEs and large enterprises.
MARKET DYNAMICS
Drivers:
- Rapid urbanization, coupled with the increasing infrastructure development across the globe, is anticipating the punch list software market growth.
- Furthermore, punch list software provides a collaborative construction list, optimized site inspections, assignment, and approval of tasks using a mobile device. This, in turn, rising the popularity of such software among the end-user, are also propelling the growth of the punch list software market.
Restraints:
- Security concerns may hinder the growth of the punch list software market.
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 punch list 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 punch list software market in these regions.
IMPACT OF COVID-19 ON PUNCH LIST SOFTWARE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the punch list software market as 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 players from punch list software market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the punch list 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.
- Active3DB, L.L.C (FinishLine Software)
- Alpha Software Corporation
- Autodesk Inc.
- Bluebeam, Inc.
- Bridgit
- Fieldwire
- Newforma, Inc.
- Procore Technologies, Inc.
- SKYSITE Technologies, Inc.
- UDA Technologies, Inc.