Pune, India, July 08, 2019 -- /360iResearch/ -- The report "Global Construction Estimating Software Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025 (Q2 2019 Update)", published by 360iResearch, states that the global market was valued at USD 963.35 million in 2018 and is projected to reach USD 1,963.34 million by 2025, growing at a CAGR of 10.71% from 2018 to 2025.
The major forces driving the growth of the construction estimating software market include the key benefits associated with the operational efficiencies and integration capability and improved cost estimation and bidding accuracy in compliance with the industry standard. Moreover, technology advancement impacting the construction industry is also one of the factors that is driving the market growth. However limited skilled professionals coupled with steep learning curve, and changing dynamics of estimating may hinder the market growth. In the middle of difficulty lies opportunity such as the future with bim. The possible challenges for the market growth is complexity and integration issues associated with the third party. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on deployment, the global construction estimating software market is studied across On-Cloud, and On-Premises. Based on geography, the global construction estimating software market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
The report features a competitive scenario of the construction estimating software market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are Benchmark Global Pty Ltd, Bluebeam Software, Inc., BuilderTREND Solutions, Inc., BuildingConnected, Inc., COBRA Contractors Software, ConstructConnect, Inc., Construction Computer Software Pty Ltd, Corecon Technologies Inc., Heavy Construction Systems Specialists Inc., Joist, On Center Software, Oracle Corporation, ProEst, Procore Technologies Inc., Quoter Estimating Software, The Sage Group plc, Total Project Logistics, UDA Technologies, and Viewpoint, Inc..
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