May 11, 2020 - Global Construction Project Management Software Market will reach 1652.58 Million USD by the end of 2022 with a CAGR of 9.93%
The global Construction Project Management Software market was valued at 1029.54 Million USD in 2017 and will reach 1652.58 Million USD by the end of 2022, growing at a CAGR of 9.93% during 2017-2022.
The global Construction Project Management Software market was valued at 1029.54 Million USD in 2017 and will reach 1652.58 Million USD by the end of 2022, growing at a CAGR of 9.93% during 2017-2022.
Construction project management involves the planning, coordination, and control over the various tasks involved in construction projects. This could include different types of construction projects, like agricultural, residential, commercial, institutional, industrial, heavy civil, and environmental.
Construction Project Management Software can be divided into three categories: Installed-PC type, Installed-Mobile type and Cloud Based type. Installed-PC type accounted for the highest proportion in revenue market, with a figure of 65.25% in 2017, followed by Cloud Based type, account for 27.11% and Installed-Mobile type account for 7.64%.
The market size share of global Construction Project Management Software in General Contractors use, Building Owners use, Independent Construction Managers use, Sub Contractors use and other applications have been stable year by year, at 45.01%, 25.82%, 8.46%, 11.33% and 9.39% respectively in 2017, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the Construction Project Management Software in the global market tends to be fixed without great changes. Among them, the Construction Project Management Software market has the most promising sales prospects in General Contractors use.
USA is one of the largest consumption countries of construction project management software in the world in the past few years and it will keep increasing in the next few years. USA market took up about 28% the global market in 2016, while Europe was 27%, and China is followed with the share about 19%. USA, Australia, Canada, UK and China are now the key developers of construction project management software. There are some vendors with poor quality products, and the Chinese market is still led by the local vendors by the share more than 50%. But the high-quality products are mainly supplied by overseas producers.
Aconex Ltd, Procore, Sage, Buildertrend, e-Builder, Oracle, Odoo S.A, Microsoft, GLODON and Jiansoft, etc. are the key suppliers in the global Construction project management software market. Top 10 took up about 52% of the global market in 2016. The top ten, which have leading technology and market position, are well-known suppliers around the world.
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