Construction planning software
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How big will the construction planning software market be in 2025?
The construction planning software market has grown significantly recently. There will be growth from $10.33 billion in 2024 to $11.06 billion in 2025, representing a compound annual growth rate (CAGR) of 7.0%. The historical growth is due to factors such as limitations in manual drawing and design, the integration of computer aided design (CAD) software, the expansion of the architecture, engineering and construction (AEC) industry, the complexity of contemporary construction projects and the need for accuracy and precision in design.
What is the long-term growth forecast for the construction planning software market size by 2029?
The construction planning software market is expected to expand significantly in the coming years, with growth expected to reach $16 billion in 2029, representing a compound annual growth rate (CAGR) of 9.7%. Factors that contributed to this growth during the forecast period include the development of Building Information Modeling (BIM), improved hardware capabilities for design software, merging of design software with project management tools, creation of mobile design applications, customization and personalization of design solutions, and emphasis on intuitive and user-friendly design interfaces. Various trends will also be observed during the forecast period, such as: B. Advances in 3D modeling and visualization technology, the incorporation of artificial intelligence for design improvement, the rise of virtual reality (VR) and augmented reality (AR) in design, advances in generative design and parametric modeling, the use of real-time data and analysis in design processes, the use of machine learning for predictive design insights as well as partnerships between design software providers and sustainability experts.
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What are the key growth drivers driving the expansion of the construction planning software market?
The upturn in construction activities is expected to boost the expansion of the construction planning software market. The construction process fuses multiple components to build a structure at a specific site based on a comprehensive design and plan. Construction companies use design software for 3D modeling, collaborative design, cost forecasting and schedule monitoring to increase the effectiveness of their projects. For example, a November 2023 report from the UK Government's Statistics Office found that the value of new construction projects in the UK reached a record £132,989 million in 2022, representing growth of 15.8%. This increase was driven by escalated private sector projects worth ₹14,093 million, accompanied by increased public sector works contributing ₹4,068 million. Therefore, increased demand for construction activities is driving the growth of the construction planning software market.
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What are the key trends driving construction planning software market growth?
Major companies in the construction planning software market are emphasizing on developing technological advancements such as AI-powered construction automation tools. The goal is to increase efficiency, make workflows more seamless and minimize design errors. These AI-powered design automation tools use artificial intelligence to make the design process more efficient by automating tasks and creating design options. They evaluate data and previous designs to make insightful recommendations, ensuring better precision and effectiveness. For example, US software company Zenerate Inc. introduced the Zenerate app in September 2024. This groundbreaking, AI-powered design automation tool creates real-time building and site plan options to meet specific project objectives, providing tremendous benefits by simplifying the design process for architects and developers. It allows users to create various building and site plan options in real-time tailored to specific project requirements, eliminating the tedious task of redoing floor plans.
How is the construction planning software market segmented?
The construction planning software market covered in this report is segmented:
1) By component: software, service
2) By deployment: on-premise, cloud
3) By Application: Project management and planning, project design, security and reporting, field service management, cost accounting, other applications
4) By end users: architects and contractors, renovators, designers, other end users
Sub-segments:
1) By Software: 2D design software, 3D design software, Building Information Modeling (BIM) software, Computer-Aided Design (CAD) software, cloud-based design software
2) By services: implementation and integration services, training and consulting services, support and maintenance services, customization services
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Which companies are leading construction planning software market innovations?
Some of the major companies operating in the construction planning software market include Oracle Corporation, Schneider Electric Industries SAS, SAP SE, Dassault Systemes SA, Autodesk Inc., Trimble Inc, Sage Group Plc., PTC Inc., Bentley Systems Inc., Procore Technologies Inc., Odoo SA, RIB Software SE, Graphisoft SE, CMiC, Fieldwire, Vectorworks Inc., Buildertrend, Constellation HomeBuilder Systems, e-Builder Inc., Rhino, Chief Architect Inc., Act-3D BV, Lumion, Adeaca Corp, Contractor Foreman
Which regions are leading the global construction planning software market in terms of revenue?
Asia Pacific was the largest region in the construction planning software market in 2024. The regions covered in the construction planning software market report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa
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