North America Construction Estimating Software Market

North America Construction Estimating Software Market Size, Share & Industry Trends Analysis Report By License Type (Subscription License, Perpetual License and Others), By End User, By Enterprise Size, By Deployment, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-12275 Publication Date: November-2022 Number of Pages: 90
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Market Report Description

The North America Construction Estimating Software Market would witness market growth of 8.0% CAGR during the forecast period (2022-2028).

Building planning and design is a collaborative process that calls for contributions from numerous stakeholders, including clients, engineers, architects, and builders. When using the traditional method, it can be difficult to see changes as they occur in real time as each person is working on their individual files. By making numerous copies of the same plan, this causes confusion.

By offering a central database and allowing everyone to work on a single shared model, advanced BIM solutions resolve this issue. While 5D BIM permits cost and time overlays, 6D BIM additionally considers energy budgeting. Such technologies enhance overall process effectiveness by detecting conflicts early on. Building information modelling offers quick testing in simulated environments when combined with AR and VR.

As demand grows in emerging regions, the sector must determine how to best leverage the technology advancements and higher safety requirements already in place in established economies while still considering regional market dynamics. The government of Canada pledged more than $180 billion over 12 years through the Investing in Canada Plan, which was introduced in 2016, for infrastructure that helps Canadians, from public transit to trading ports, internet networks to energy systems, community services to natural areas.

The US market dominated the North America Construction Estimating Software Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $613.7 million by 2028. The Canada market is poised to grow at a CAGR of 10.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.5% during (2022 - 2028).

Based on License Type, the market is segmented into Subscription License, Perpetual License and Others. Based on End User, the market is segmented into Architects & Builders, Construction Managers, Contractors and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Deployment, the market is segmented into Cloud and On-premise. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Construction Estimating Software Market is Predict to reach $2.2 Billion by 2028, at a CAGR of 8.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Bluebeam, Inc. (Nemetschek Group), Autodesk, Inc., Corecon Technologies, Inc., RIB Software SE (Schneider Electric Investment AG), Pacific Northern Environmental LLC, Vision InfoSoft (JDM Technology Group), Trimble, Inc., Glodon Company Limited, and The Sage Group PLC.

Scope of the Study

Market Segments Covered in the Report:

By License Type

  • Subscription License
  • Perpetual License
  • Others

By End User

  • Architects & Builders
  • Construction Managers
  • Contractors
  • Others

By Large Enterprises

  • Large Enterprises
  • Small & Medium Enterprises

By Deployment

  • Cloud
  • On-premise

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Microsoft Corporation
  • Bluebeam, Inc. (Nemetschek Group)
  • Autodesk, Inc.
  • Corecon Technologies, Inc.
  • RIB Software SE (Schneider Electric Investment AG)
  • Pacific Northern Environmental LLC
  • Vision InfoSoft (JDM Technology Group)
  • Trimble, Inc.
  • Glodon Company Limited
  • The Sage Group PLC
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