Global Construction Data Analytics Software Market by Type (Installed-PC, Installed-Mobile, Cloud-Based), By Application (General Contractors, Building Owners, Independent Construction Managers, Sub-Contractors, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global construction data analytics software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for data-driven decision making in the construction industry and rising adoption of cloud-based construction data analytics software. Based on type, the global construction data analytics software market is segmented into installed-PC, installed-mobile, and cloud-based segments. The installed-PC segment is expected to hold a major share of the market in 2018 owing to its high adoption rate among general contractors and building owners for analyzing project performance and improving operational efficiency. However, the cloud-based segment is projected to grow at a higher CAGR during the forecast period as it offers several advantages such as scalability, flexibility, and lower Total Cost of Ownership (TCO). Based on application, the global construction data analytics software market is divided into five segments: general contractors, building owners/operators, independent construction managers (ICMs), subcontractors/trade partners/suppliers; and others including government organizations & agencies involved in infrastructure development projects). Among these applications segments; general contractors are expected to account for majority share of revenue in 2018 followed by ICMs due their growing need for timely insights about project progress & performance across all stages of project lifecycle.



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Product Definition:

Construction data analytics software is used to make better decisions through the analysis of construction project data. This type of software can help users understand how their projects are performing, identify where potential problems may occur, and make adjustments to improve outcomes. Construction data analytics software is an important tool for construction managers, as it can help them optimize their projects and avoid costly mistakes.

Installed-PC:

The global installed-PC, it's usage and growth factor in the construction data analytics software market size was valued at USD 2.5 billion in 2016.

Installed-Mobile:

The global installed-mobile is expected to grow at a CAGR of XX% from 2018 to 2025. The growth can be attributed to the increasing adoption of smartphones and tablets across the globe. The number of smartphone users has surpassed 5 billion which makes it one of the largest technology platforms for data collection and analysis.

Application Insights:

The general contractors application segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. General contractors use data analytics to improve their productivity, enhance their marketing efforts, and reduce costs by reducing time spent on paperwork. The building owners application segment is also expected to grow significantly over the next few years owing to increased demand for construction data analytics software among real estate companies as well as private individuals who are investing in residential or commercial buildings. Building owners use these applications for various purposes such as property valuation, project management & monitoring, risk assessment & management, etc., which helps them make better decisions regarding future projects thereby driving growth of this segment during the forecast period.

The independent construction managers' (ICM) application segment was valued at USD 120 million in 2018.

Regional Analysis:

The Asia Pacific region is anticipated to witness the highest CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing construction activities in emerging economies, such as China and India. In addition, rising investments in infrastructure development are expected to drive the regional market over the forecast period. Furthermore, growing awareness regarding risk management and safety during construction projects is expected to propel demand for analytics software in this region.

North America accounted for a significant share of revenue in 2017 owing to early adoption of technologies across various industries by leading players operating within this region coupled with high disposable income levels among consumers driving demand for technology-driven products and services across all segments including residential buildings, non-residential buildings (such as hospitals), industrial facilities/infrastructure (such as manufacturing plants) & transportation networks). Moreover, presence of major vendors with extensive product portfolios catering primarily large enterprises has also contributed significantly toward regional market growth since 2016.

Growth Factors:

Increasing demand for data-driven decision making in the construction industry
Growing popularity of Building Information Modeling (BIM) and other digital construction technologies
Rising number of public and private sector infrastructure projects
Proliferation of cloud-based solutions that make data analytics more accessible and affordable
Emergence of new players with innovative offerings


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Scope Of The Report
Report Attributes
Report Details
Report Title
Construction Data Analytics Software Market Research Report
By Type
Installed-PC, Installed-Mobile, Cloud-Based
By Application
General Contractors, Building Owners, Independent Construction Managers, Sub-Contractors, Others
By Companies
Autodesk, Synchro, SmartPM Technologies, Katerra, B2W Software, Valkir Academy, Biosite Systems Ltd, Briq, Buildcon, Builderbox, BuildSafe, Spectra QEST, DADO, Datumate, Disperse, Doxel.ai, Eos Group, Hivemap, Hexagon PPM, Kapio Cloud, RIB Software, Nektar Inc., nPlan, ProNovos Construction Analytics, 152HQ, Versatile
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.

Global Construction Data Analytics Software Market Report Segments:
The global Construction Data Analytics Software market is segmented on the basis of:
Types
Installed-PC, Installed-Mobile, Cloud-Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
General Contractors, Building Owners, Independent Construction Managers, Sub-Contractors, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Autodesk
Synchro
SmartPM Technologies
Katerra
B2W Software
Valkir Academy
Biosite Systems Ltd
Briq
Buildcon
Builderbox
BuildSafe
Spectra QEST
DADO
Datumate
Disperse
Doxel.ai
Eos Group
Hivemap
Hexagon PPM
Kapio Cloud
RIB Software
Nektar Inc.
nPlan
ProNovos Construction Analytics
152HQ
Versatile



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Highlights of The Construction Data Analytics Software Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Installed-PC
Installed-Mobile
Cloud-Based
By Application:
General Contractors
Building Owners
Independent Construction Managers
Sub-Contractors
Others
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Construction Data Analytics Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
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8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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