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(India.CityRegions.Com, January 20, 2017 ) Construction Estimation Software Market, 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 and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Construction Estimation Software globally.
For further information on this report, please visit- http://www.marketreportsworld.com/10288379
The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Construction Estimation Software Market:
Causeway Technologies Cordell Information ProEst Estimating Software (ProEst) Sage Software Viewpoint
Other Prominent Vendors of Construction Estimation Software Market Are:
Bid4Build BluBridge B2W Software Corecon Technologies PrioSoft
“One of latest trends in the market is increase in real estate developments. Increasing real estate investments in APAC are expected to boost real estate activities in the region. Real estate investments lead to planned projects that require cost estimation, which in turn, stimulates higher adoption and use of construction estimation software. Real estate investments are expected to grow during the forecast period because of low interest rates and strengthening global economic environment, coupled with direct real estate investments from institutional investors.”
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According to the report, one of the primary drivers in the market is increased investments in infrastructure development. The increased investment in infrastructure development across APAC, the Americas, and Europe is likely to affect the growth of the construction tractors market during the forecast period. It is expected that infrastructure spending in APAC will reach $5.36 trillion a year by 2025, representing 60% of the world's total infrastructure. APAC will require $15 trillion-$20 trillion in terms of infrastructure investment by 2030. A number of public private partnership (PPP) projects in APAC are in the pipeline. The major countries for private participation in infrastructure (PPI) projects in APAC in 2014 were China and India.
Report also presents Geographical Segmentation analysis of Construction Estimation Software Market of Americas, APAC, EMEA region.
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Further, the report states that one major challenge in the market is interoperability issues. The presence of several construction management software vendors has given rise to compatibility and interoperability issues. Most vendors develop the essential components required to set up construction estimation software. However, when various construction estimation software with different features are purchased from different vendors and installed, there is a high probability of incompatibility among the software. The lack of interoperability makes information sharing difficult and prone to errors. This leads to the low adoption of construction estimation software among the end-users. Hence, interoperability issues are likely to pose a major challenge for the growth of the market during the forecast period.
Key questions answered in Construction Estimation Software market report:
What will the Construction Estimation Software market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving Construction Estimation Software market? What are the challenges to Construction Estimation Software market growth? Who are the key vendors in Construction Estimation Software market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
No of Pages: 57
Price of Report: $ 2500 (Single User License)
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