Market Demand : Construction Management Software Market Globally Grow at a CAGR of 14.96% by 2020

Construction management software is used to plan, collaborate, and manage construction projects. The software helps contractors to estimate the budget and define the scope of the project and the desired outcome before project commencement. It provides an overview of the required labor and helps develop effective communication during times of conflict.

Technavios analysts forecast the global construction management software market to grow at a CAGR of 14.96% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global construction management software market for 2016-2020. The report considers the revenue generated from the sales of construction management software and services. The revenue from services is earned from the fee charged for consulting in design methodology, and support and deployment. The revenue from maintenance is earned from the periodic fee associated with software updates.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Construction Management Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Newforma
Viewpoint
Procore
ComputerEase
BuilderTREND

Other prominent vendors
ExactLogix
Aconex
BuilderStorm
BuildStar
ClickHome
ExpoNet
In4velocity
Knowify
PASconcept
PayPanther
Relatics
RENOMii
Sharenology Projects
Snagmaster
SpecifiedBy
Spitfire
RedSky IT
Synchro PRO
TaskPartner
TransBit Technologies Software
The Plus Series
Power Tools
TDOC
Time and Material Plus
ToolHound
TracTime
UDA Technologies
Virtual Project Office
Stilog Visual Planning WorkflowMax
Zavanti

Market driver
Rise in demand for construction management software in utilities sector
For a full, detailed list, view our report

Market challenge
High cost of construction management software
For a full, detailed list, view our report

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Market trend
Increase in demand for construction management software in APAC
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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