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Construction Estimating Software Market Size, Share & Trends Analysis Report By Software License, By Deployment, By Enterprise Size, By End-use, By Region, And Segment Forecasts, 2022 - 2030

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  • 120 Pages
  • November 2022
  • Region: Global
  • Grand View Research
  • ID: 5702252
Description Jump to:
The global construction estimating software market size is expected to reach USD 2.62 billion by 2030, registering a CAGR of 8.3% during the forecast period. The shifting focus of construction companies toward digitization of their business operations and efficient management of their resource utilization are the factors driving the construction estimating software market growth across the globe. Government-supportive initiative in the construction sector to accelerate economic growth is anticipated to create robust growth opportunities throughout the forecast period. For instance, in January 2021, the Government of Indonesia announced the funding of USD 1.96 billion to accelerate the ongoing 870 infrastructure development and construction projects in the region.

Industry participants are heavily investing in R&D for integrating advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), and big data analytics into construction estimating software to handle construction projects, including their expenses effectively. With AI (Artificial Intelligence) and ML (Machine Learning) technologies, the market players are assisting their clients in automating various time-consuming processes to reduce human errors and overhead costs and improve industry representation. The market players are adopting different business strategies such as mergers & acquisitions and partnerships & collaborations to enhance their service offerings and client network. These factors are contributing to the market growth.

End-users prefer construction estimating software to increase the profit margins of their projects and reduce hidden costs in the projects. Industry players are designing and developing their construction estimating software as per the client needs to improve their brand loyalty and become long-term software vendors for the clients. For instance, in March 2022, Trimble Inc. announced the release of Tekla Tedds 2022, Tekla Structural Designer 2022, Tekla Power Fab 2022, and Tekla Structures 2022, the newest editions of its Tekla software products for constructible Building Information Modeling (BIM), structural systems, and steel fabrication management. With these initiatives, Trimble advanced the constructible method, which delivered notable enhancements in the construction industry, effectiveness, and reliability. The most recent version of Tekla software provided automated and integrated workflows across all project stages and stakeholders, and it supported sustainable construction.

Construction Estimating Software Market Report Highlights

  • The subscription license segment is expected to register a CAGR of 9.6% from 2022 to 2030. Shifting construction companies' focus toward subscription-based construction estimating software owing to its ability to improve consumer engagement and enhanced flexibility. Industry players are providing promotional discounts on long-term subscriptions to attract potential business clients, supporting the segment growth
  • The cloud segment is anticipated to expand at a CAGR of 10.2% during the forecast period. Advances in cloud computing have opened new opportunities for transparency and collaboration, supporting the industry trend. Moreover, opting for cloud-based installation of construction estimating software eliminates the need for investing in dedicated servers and for deploying dedicated IT personnel, thereby freeing up the existing IT personnel to focus on other core business initiatives
  • The large enterprise segment is expected to register a CAGR of 7.3% through 2030. Large enterprises having a strong geographical presence and a broad product portfolio are aggressively investing in IT infrastructure and the latest technologies, which also bodes well for the rising adoption of construction estimating software by large organizations throughout the forecast period
  • The construction manager segment is anticipated to register a significant CAGR of 7.6% from 2022 to 2030. Construction estimating software helps managers in enhancing the efficiency and accountability of construction firms and businesses by streamlining their manual processes and enhancing industry statistics. For instance, EcoSys, enterprise project control software, is designed for estimating & benchmarking, document management, cost control, project & control planning, and capital budget & planning, among other tasks. The software allows construction managers to improve forecasting, centralize information, and boost efficiency
  • The Asia Pacific regional market is expected to reach USD 664.2 million by 2030 and emerge as the fastest-growing regional market. The regional market growth can be attributed to the increasing residential projects owing to notable urbanization and supportive government regulation. Moreover, the global industry players are expanding their presence in the region to achieve higher profitability.

Table of Contents

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Information Procurement
1.2.1 Purchased Database
1.2.2 Gvr’s Internal Database
1.2.3 List of secondary sources
1.2.4 Primary Research
1.3 Information Analysis
1.4 Market Formulation & Data Visualization
1.5 Data Validation & Publishing
Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Construction estimating software market, By Region, 2017 - 2030 (USD Million)
2.1.2 Construction estimating software market, By Software License, 2017 - 2030 (USD Million)
2.1.3 Construction estimating software market, By Deployment, 2017 - 2030 (USD Million)
2.1.4 Construction estimating software market, By Enterprise Size, 2017 - 2030 (USD Million)
2.1.5 Construction estimating software market, By End-Use, 2017 - 2030 (USD Million)
Chapter 3 Construction Estimating Software Market: Industry Outlook
3.1 Market Segmentation
3.2 Market Size and Growth Prospects
3.3 Construction Estimating Software Market: Value Chain Analysis
3.4 Construction Estimating Software Market Dynamics
3.4.1 Market Driver Analysis
3.4.1.1 Significant government investments in the construction sector for economic growth
3.4.1.2 high adoption of construction estimating software to minimize the overall project costs
3.4.2 Market Restraint Analysis
3.4.2.1 High initial costs and growing security concerns of connected software
3.4.3 Market Opportunity Analysis
3.4.3.1 Growing popularity of the digital construction concept across the globe
3.5 Penetration & Growth Prospect Mapping
3.6 Market Analysis Tools
3.6.1 Construction Estimating Software Industry Analysis - Porter’s Five Forces analysis
3.6.2 Construction Estimating Software Industry Analysis - PESTL
3.7 Construction Estimating Software Market: COVID-19 Impact
Chapter 4 Construction Estimating Software Market: Software License Segment Analysis
4.1 Construction Estimating Software Market: By Software License Segment Outlook &Market Share 2021 and 2030
4.2 Perpetual License
4.2.1 Construction Estimating Software Market for Perpetual License, By Region, 2017 - 2030 (USD Million)
4.3 Subscription License
4.3.1 Construction Estimating Software Market for Subscription License, By Region, 2017 - 2030 (USD Million)
4.4 Others
4.4.1 Others Construction Estimating Software Market, By Region, 2017 - 2030 (USD Million)
Chapter 5 Construction Estimating Software Market: Deployment Segment Analysis
5.1 Construction Estimating Software Market: By Deployment Segment Outlook & Market Share 2021 and 2030
5.2 Cloud
5.2.1 Cloud Construction Estimating Software Market, By Region, 2017 - 2030 (USD Million)
5.3 On-premise
5.3.1 On-premise Construction Estimating Software Market, By Region, 2017 - 2030 (USD Million)
Chapter 6 Construction Estimating Software Market: Enterprise Size Segment Analysis
6.1 Construction Estimating Software Market: By Enterprise Size Segment Outlook & Market Share 2021 and 2030
6.2 Large Enterprise
6.2.1 Construction Estimating Software Market for Large Enterprise, By Region, 2017 - 2030 (USD Million)
6.3 Small & Medium Enterprise
6.3.1 Construction Estimating Software Market for Small & Medium Enterprise, By Region, 2017 - 2030 (USD Million)
Chapter 7 Construction Estimating Software Market: End-Use Segment Analysis
7.1 Construction Estimating Software Market: By End Use Segment Outlook & Market Share 2021 and 2030
7.2 Architects & Builders
7.2.1 Construction Estimating Software Market for Architects & Builders, By Region, 2017 - 2030 (USD Million)
7.3 Construction Managers
7.3.1 Construction Estimating Software Market for Construction Managers, By Region, 2017 - 2030 (USD Million)
7.4 Contractors
7.4.1 Construction Estimating Software Market for Contractors, By Region, 2017 - 2030 (USD Million)
7.5 Others
7.5.1 Construction Estimating Software Market for Others, By Region, 2017 - 2030 (USD Million)
Chapter 8 Construction Estimating Software Market: Region Segment Analysis
8.1 Construction Estimating Software Market: By Region Segment Outlook & Market Share 2021 and 2030
8.2 North America
8.2.1 North America Construction Estimating Software Market, By Software license, 2017 - 2030 (USD Million)
8.2.2 North America Construction Estimating Software Market, By Deployment, 2017 - 2030 (USD Million)
8.2.3 North America Construction Estimating Software Market, By Enterprise Size, 2017 - 2030 (USD Million)
8.2.4 North America Construction Estimating Software Market, By End-Use, 2017 - 2030 (USD Million)
8.2.5 U.S.
8.2.5.1 U.S. Construction Estimating Software Market, By Software license, 2017 - 2030 (USD Million)
8.2.5.2 U.S. Construction Estimating Software Market, By Deployment, 2017 - 2030 (USD Million)
8.2.5.3 U.S. Construction Estimating Software Market, By Enterprise Size, 2017 - 2030 (USD Million)
8.2.5.4 U.S. Construction Estimating Software Market, By End-Use, 2017 - 2030 (USD Million)
8.2.6 Canada
8.2.6.1 Canada Construction Estimating Software Market, By Software license, 2017 - 2030 (USD Million)
8.2.6.2 Canada Construction Estimating Software Market, By Deployment, 2017 - 2030 (USD Million)
8.2.6.3 Canada Construction Estimating Software Market, By Enterprise Size, 2017 - 2030 (USD Million)
8.2.6.4 Canada Construction Estimating Software Market, By End-Use, 2017 - 2030 (USD Million)
8.3 Europe
8.3.1 Europe Construction Estimating Software Market, By Software license, 2017 - 2030 (USD Million)
8.3.2 Europe Construction Estimating Software Market, By Deployment, 2017 - 2030 (USD Million)
8.3.3 Europe Construction Estimating Software Market, By Enterprise Size, 2017 - 2030 (USD Million)
8.3.4 Europe Construction Estimating Software Market, By End-Use, 2017 - 2030 (USD Million)
8.3.5 U.K.
8.3.5.1 U.K. Construction Estimating Software Market, By Software license, 2017 - 2030 (USD Million)
8.3.5.2 U.K. Construction Estimating Software Market, By Deployment, 2017 - 2030 (USD Million)
8.3.5.3 U.K. Construction Estimating Software Market, By Enterprise Size, 2017 - 2030 (USD Million)
8.3.5.4 U.K. Construction Estimating Software Market, By End-Use, 2017 - 2030 (USD Million)
8.3.6 Germany
8.3.6.1 Germany Construction Estimating Software Market, By Software license, 2017 - 2030 (USD Million)
8.3.6.2 Germany Construction Estimating Software Market, By Deployment, 2017 - 2030 (USD Million)
8.3.6.3 Germany Construction Estimating Software Market, By Enterprise Size, 2017 - 2030 (USD Million)
8.3.6.4 Germany Construction Estimating Software Market, By End-Use, 2017 - 2030 (USD Million)
8.4 Asia Pacific
8.4.1 Asia Pacific Construction Estimating Software Market, By Software license, 2017 - 2030 (USD Million)
8.4.2 Asia Pacific Construction Estimating Software Market, By Deployment, 2017 - 2030 (USD Million)
8.4.3 Asia Pacific Construction Estimating Software Market, By Enterprise Size, 2017 - 2030 (USD Million)
8.4.4 Asia Pacific Construction Estimating Software Market, By End-Use, 2017 - 2030 (USD Million)
8.4.5 China
8.4.5.1 China Construction Estimating Software Market, By Software license, 2017 - 2030 (USD Million)
8.4.5.2 China Construction Estimating Software Market, By Deployment, 2017 - 2030 (USD Million)
8.4.5.3 China Construction Estimating Software Market, By Enterprise Size, 2017 - 2030 (USD Million)
8.4.5.4 China Construction Estimating Software Market, By End-Use, 2017 - 2030 (USD Million)
8.4.6 India
8.4.6.1 India Construction Estimating Software Market, By Software license, 2017 - 2030 (USD Million)
8.4.6.2 India Construction Estimating Software Market, By Deployment, 2017 - 2030 (USD Million)
8.4.6.3 India Construction Estimating Software Market, By Enterprise Size, 2017 - 2030 (USD Million)
8.4.6.4 India Construction Estimating Software Market, By End-Use, 2017 - 2030 (USD Million)
8.4.7 Japan
8.4.7.1 Japan Construction Estimating Software Market, By Software license, 2017 - 2030 (USD Million)
8.4.7.2 Japan Construction Estimating Software Market, By Deployment, 2017 - 2030 (USD Million)
8.4.7.3 Japan Construction Estimating Software Market, By Enterprise Size, 2017 - 2030 (USD Million)
8.4.7.4 Japan Construction Estimating Software Market, By End-Use, 2017 - 2030 (USD Million)
8.5 Latin America
8.5.1 Latin America Construction Estimating Software Market, By Software license, 2017 - 2030 (USD Million)
8.5.2 Latin America Construction Estimating Software Market, By Deployment, 2017 - 2030 (USD Million)
8.5.3 Latin America Construction Estimating Software Market, By Enterprise Size, 2017 - 2030 (USD Million)
8.5.4 Latin America Construction Estimating Software Market, By End-Use, 2017 - 2030 (USD Million)
8.5.5 Brazil
8.5.5.1 Brazil Construction Estimating Software Market, By Software license, 2017 - 2030 (USD Million)
8.5.5.2 Brazil Construction Estimating Software Market, By Deployment, 2017 - 2030 (USD Million)
8.5.5.3 Brazil Construction Estimating Software Market, By Enterprise Size, 2017 - 2030 (USD Million)
8.5.5.4 Brazil Construction Estimating Software Market, By End-Use, 2017 - 2030 (USD Million)
8.6 MEA
8.6.1 MEA Construction Estimating Software Market, By Software license, 2017 - 2030 (USD Million)
8.6.2 MEA Construction Estimating Software Market, By Deployment, 2017 - 2030 (USD Million)
8.6.3 MEA Construction Estimating Software Market, By Enterprise Size, 2017 - 2030 (USD Million)
8.6.4 MEA Construction Estimating Software Market, By End-Use, 2017 - 2030 (USD Million)
Chapter 9 Competitive Analysis
9.1 Recent Developments & Impact Analysis, By Key Market Participants
9.2 Company Categorization
9.3 Vendor Landscape
9.2.1 Construction Estimating Software Market: Key Company Analysis, 2021
Chapter 10 Competitive Landscape
10.1 Glodon Company Limited
10.1.1 Company overview
10.1.2 Financial Performace
10.1.3 Product benchmarking
10.1.4 Strategic initiatives
10.2 Microsoft Corporation
10.2.1 Company overview
10.2.2 Financial Performance
10.2.3 Product benchmarking
10.2.4 Strategic initiatives
10.3 Autodesk Inc.
10.3.1 Company overview
10.3.2 Financial Performace
10.3.3 Product benchmarking
10.3.4 Strategic initiatives
10.4 RIB Software SE
10.4.1 Company overview
10.4.2 Financial Performance
10.4.3 Product benchmarking
10.4.4 Strategic initiatives
10.5 Corecon Technologies, Inc.
10.5.1 Company overview
10.5.2 Product benchmarking
10.5.3 Strategic initiatives
10.6 Sage Group plc
10.6.1 Company overview
10.6.2 Financial Performance
10.6.3 Product benchmarking
10.6.4 Strategic initiatives
10.7 Trimble Inc.
10.7.1 Company overview
10.7.2 Financial Performance
10.7.3 Product benchmarking
10.7.4 Strategic initiatives
10.8 Bluebeam Software Inc.
10.8.1 Company overview
10.8.2 Product benchmarking
10.8.3 Strategic initiatives
10.9 AppliCad Public Company Limited
10.9.1 Company overview
10.9.2 Financial Performance
10.9.3 Product benchmarking
10.10 PrioSoft Construction Software
10.10.1 Company overview
10.10.2 Product benchmarking
10.10.3 Strategic initiative
List of Tables
Table 1 Construction estimating software market, by region, 2017 - 2030 (USD Million)
Table 2 Construction estimating software market, by software license, 2017 - 2030 (USD Million)
Table 3 Construction estimating software market, by deployment, 2017 - 2030 (USD Million)
Table 4 Construction estimating software market, by enterprise size, 2017 - 2030 (USD Million)
Table 5 Construction estimating software market, by end-use, 2017 - 2030 (USD Million)
Table 6 Construction estimating software market for perpetual license, by region, 2017 - 2030 (USD Million)
Table 7 Construction estimating software market for subscription license, by region, 2017 - 2030 (USD Million)
Table 8 Others construction estimating software market, by region, 2017 - 2030 (USD Million)
Table 9 Cloud construction estimating software market, by region, 2017 - 2030 (USD Million)
Table 10 On-premise construction estimating software market, by region, 2017 - 2030 (USD Million)
Table 11 Construction estimating software market for large enterprise, by region, 2017 - 2030 (USD Million)
Table 12 Construction estimating software market for small & medium enterprise, by region, 2017 - 2030 (USD Million)
Table 13 Construction estimating software market for architects & builders, by region, 2017 - 2030 (USD Million)
Table 14 Construction estimating software market for construction managers, by region, 2017 - 2030 (USD Million)
Table 15 Construction estimating software market for contractors, by region, 2017 - 2030 (USD Million)
Table 16 Construction estimating software market for others, by region, 2017 - 2030 (USD Million)
Table 17 North America construction estimating software market, by software license, 2017 - 2030 (USD Million)
Table 18 North America construction estimating software market, by deployment, 2017 - 2030 (USD Million)
Table 19 North America construction estimating software market, by enterprise size, 2017 - 2030 (USD Million)
Table 20 North America construction estimating software market, by end-use, 2017 - 2030 (USD Million)
Table 21 U.S. construction estimating software market, by software license, 2017 - 2030 (USD Million)
Table 22 U.S. construction estimating software market, by deployment, 2017 - 2030 (USD Million)
Table 23 U.S. construction estimating software market, by enterprise size, 2017 - 2030 (USD Million)
Table 24 U.S. construction estimating software market, by end use, 2017 - 2030 (USD Million)
Table 25 Canada construction estimating software market, by software license, 2017 - 2030 (USD Million)
Table 26 Canada construction estimating software market, by deployment, 2017 - 2030 (USD Million)
Table 27 Canada construction estimating software market, by enterprise size, 2017 - 2030 (USD Million)
Table 28 Canada construction estimating software market, by end-use, 2017 - 2030 (USD Million)
Table 29 Europe construction estimating software market, by software license, 2017 - 2030 (USD Million)
Table 30 Europe construction estimating software market, by deployment, 2017 - 2030 (USD Million)
Table 31 Europe construction estimating software market, by enterprise size, 2017 - 2030 (USD Million)
Table 32 Europe construction estimating software market, by end-use, 2017 - 2030 (USD Million)
Table 33 U.K. construction estimating software market, by software license, 2017 - 2030 (USD Million)
Table 34 U.K. construction estimating software market, by deployment, 2017 - 2030 (USD Million)
Table 35 U.K. construction estimating software market, by enterprise size, 2017 - 2030 (USD Million)
Table 36 U.K. construction estimating software market, by end-use, 2017 - 2030 (USD Million)
Table 37 Germany construction estimating software market, by software license, 2017 - 2030 (USD Million)
Table 38 Germany construction estimating software market, by deployment, 2017 - 2030 (USD Million)
Table 39 Germany construction estimating software market, by enterprise size, 2017 - 2030 (USD Million)
Table 40 Germany construction estimating software market, by end-use, 2017 - 2030 (USD Million)
Table 41 Asia Pacific construction estimating software market, by software license, 2017 - 2030 (USD Million)
Table 42 Asia Pacific construction estimating software market, by deployment, 2017 - 2030 (USD Million)
Table 43 Asia Pacific construction estimating software market, by enterprise size, 2017 - 2030 (USD Million)
Table 44 Asia Pacific construction estimating software market, by end-use, 2017 - 2030 (USD Million)
Table 45 China construction estimating software market, by software license, 2017 - 2030 (USD Million)
Table 46 China construction estimating software market, by deployment, 2017 - 2030 (USD Million)
Table 47 China construction estimating software market, by enterprise size, 2017 - 2030 (USD Million)
Table 48 China construction estimating software market, by end-use, 2017 - 2030 (USD Million)
Table 49 India construction estimating software market, by software license, 2017 - 2030 (USD Million)
Table 50 India construction estimating software market, by deployment, 2017 - 2030 (USD Million)
Table 51 India construction estimating software market, by enterprise size, 2017 - 2030 (USD Million)
Table 52 India construction estimating software market, by end-use, 2017 - 2030 (USD Million)
Table 53 Japan construction estimating software market, by software license, 2017 - 2030 (USD Million)
Table 54 Japan construction estimating software market, by deployment, 2017 - 2030 (USD Million)
Table 55 Japan construction estimating software market, by enterprise size, 2017 - 2030 (USD Million)
Table 56 Japan construction estimating software market, by end-use, 2017 - 2030 (USD Million)
Table 57Latin America construction estimating software market, by software license, 2017 - 2030 (USD Million)
Table 58 Latin America construction estimating software market, by deployment, 2017 - 2030 (USD Million)
Table 59 Latin America construction estimating software market, by enterprise size, 2017 - 2030 (USD Million)
Table 60 Latin America construction estimating software market, by end-use, 2017 - 2030 (USD Million)
Table 61 Brazil construction estimating software market, by software license, 2017 - 2030 (USD Million)
Table 62 Brazil construction estimating software market, by deployment, 2017 - 2030 (USD Million)
Table 63 Brazil construction estimating software market, by enterprise size, 2017 - 2030 (USD Million)
Table 64 Brazil construction estimating software market, by end-use, 2017 - 2030 (USD Million)
Table 65 MEA construction estimating software market, by software license, 2017 - 2030 (USD Million)
Table 66 MEA construction estimating software market, by deployment, 2017 - 2030 (USD Million)
Table 67 MEA construction estimating software market, by enterprise size, 2017 - 2030 (USD Million)
Table 68 MEA construction estimating software market, by end-use, 2017 - 2030 (USD Million)
Table 69 Recent developments & impact analysis, by key market participants
List of Figures
Fig. 1 Market research process
Fig. 2 Primary research process
Fig. 3 Information Analysis
Fig. 4 Data validation and publishing
Fig. 5 Construction estimating software market analysis and key buying criteria, 2017 - 2030
Fig. 6 Construction estimating software market segmentation
Fig. 7 Market size and growth prospects
Fig. 8 Construction estimating software market - Value chain analysis
Fig. 9 Construction estimating software market - Market dynamics
Fig. 10 Construction estimating software market - Penetration & growth prospect mapping
Fig. 11 Construction estimating software market - Porter’s five forces analysis
Fig. 12 Construction Estimating Software market - PESTL analysis
Fig. 13 Construction estimating software market: By software license segment outlook & market share, 2021 and 2030
Fig. 14 Construction estimating software market: By deployment segment outlook & market share, 2021 and 2030
Fig. 15 Construction estimating software market: By enterprise size segment outlook & market share, 2021 and 2030
Fig. 16 Construction estimating software market: By end use segment outlook & market share, 2021 and 2030
Fig. 17 Construction estimating software market: By region segment outlook & market share, 2021 and 2030
Fig. 18 North America construction estimating software market: Key takeaways
Fig. 19 Europe construction estimating software market: Key takeaways
Fig. 20 Asia Pacific construction estimating software market: Key takeaways
Fig. 21 Latin America construction estimating software market: Key takeaways
Fig. 22 MEA construction estimating software market: Key takeaways

Companies Mentioned

  • Glodon Company Limited
  • Microsoft Corporation
  • Autodesk Inc.
  • Rib Software Se
  • Corecon Technologies, Inc.
  • Sage Group plc
  • Trimble Inc.
  • Bluebeam Software Inc.
  • Applicad Public Company Limited
  • Priosoft Construction Software

Methodology

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Table Information

Report AttributeDetails
No. of Pages120
PublishedNovember 2022
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 1.38 Billion
Forecasted Market Value ( USD ) by 2030 $ 2.62 Billion
Compound Annual Growth Rate8.3%
Regions CoveredGlobal
No. of Companies Mentioned10

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