The global construction project management software market was valued at USD 1,275 million in 2019 and is estimated to reach USD 1,917 million by 2026, expanding at a CAGR of 6% during the forecast period, 2020 – 2026. The growth of the market is attributed to increasing need of large scale project management and government initiatives for infrastructural development.
This software helps firms to collaborate on projects with the help of smartphones, laptops, and pc. It helps professional access project contracts, documents, and drawings to streamline several processes associated to the construction activities. Construction project management software is installed on premises or cloud by the firms.
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Market Trends, Drivers, Restraints, and Opportunities:
Competitive Landscape
Major players in the market include PlanGrid, Procore Technologies, BuildStar Technologies, Sage Group plc, CATCloud, Buildertrend, Buildtools Inc, Trimble Navigation Limited, Sage Group Plc, Aconex Ltd, e-Builder Inc, Jonas Construction Software Inc, Procore Technologies Inc., Autodesk Inc, and Viewpoint. Sage Group Plc, Trimble Inc., and Procore Technologies Inc., are some of the key market players. The accelerating growth momentum is expected to offer immense growth networking and opportunities; however, connectivity issues is expected to challenge the market growth during the forecast period. In order to make the most of the opportunities, the key market players are focusing more on the growth prospects segments and at the same time maintaining their positions in the growing segments.
Segments Covered in the Report
The global construction project management software market has been segmented on the basis of
By Application:
By Regions:
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The following is the TOC of the report:
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Construction Project Management Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Construction Project Management Software Market – Supply Chain
4.5. Global Construction Project Management Software Market Forecast
4.5.1. Construction Project Management Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Construction Project Management Software Market Size (000? Units) and Y-o-Y Growth
4.5.3. Construction Project Management Software Market Absolute $ Opportunity
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Construction Project Management Software Market Size and Volume Forecast by Type
5.3.1. Installed-PC Software
5.3.2. Installed-Mobile Software
5.3.3. Cloud-based Software
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
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