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Insights on the Global Construction Management Software Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats – Technavio

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The construction management software market is expected to grow by USD 508.33 million, progressing at a CAGR of almost 7% during the forecast period. Download Free Sample Report

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Technavio has announced its latest market research report titled Global Construction Management Software Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Construction Management Software Market 2020-2024 (Graphic: Business Wire)

The need for large scale process management solutions is one of the major factors propelling market growth. However, factors such as challenges from open-source platforms will hamper market growth.

More details: https://www.technavio.com/report/construction-management-software-market-industry-analysis

Construction Management Software Market: Deployment Landscape

With the emergence of startups and SMEs, there is a growing importance on the cost-effectiveness of software solutions. This is leading to the preference for cloud-based solutions. The inherent ease of use, profitability, agility, and innovation in cloud security encourage SMEs as well as large organizations to adopt cloud solutions. As a result, the forecast period will witness an increasing preference among end-users for cloud-based construction management software, and market growth in this segment will be faster than the growth of the market in the on-premises deployment segment.

Construction Management Software Market: Geographic Landscape

The increasing investments in the construction of infrastructure projects or infrastructural development by governments of various countries in Europe will drive construction management software market growth in the region. The presence and penetration of key vendors such as The Sage Group and the advanced technology infrastructure of the UK will also drive the market’s growth in this region. During the forecast period, 30% of the overall market growth will originate from Europe, and the UK, Germany, and France are the key markets in this region. However, market growth in this region will be slower than the growth of the market in APAC.

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Companies Covered:

  • Autodesk Inc.
  • Bentley Systems Inc.
  • Buildertrend Solutions Inc.
  • Computer Methods International Corp.
  • ConstructConnect Inc.
  • Odoo SA
  • Oracle Corp.
  • Procore Technolgies Inc.
  • Sage Group Plc
  • Trimble Inc.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY DEPLOYMENT

  • Market segmentation by deployment
  • Comparison by deployment
  • Cloud-based – Market size and forecast 2019-2024
  • On-premises – Market size and forecast 2019-2024
  • Market opportunity by deployment

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Builders and contractors – Market size and forecast 2019-2024
  • Construction managers – Market size and forecast 2019-2024
  • Engineers and architects – Market size and forecast 2019-2024
  • Market opportunity by end-user

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Integration of construction management software estimation and accounting software
  • Increasing popularity of cloud-based construction management software
  • Application of lean management in construction management

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • 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.

PART 15: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.