Market Overview:
The global residential construction estimating software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for residential construction software due to the rise in real estate and construction activities across the globe. In addition, factors such as growing awareness about advanced features offered by residential construction estimating software and rising adoption of cloud-based solutions are also contributing to the growth of this market. However, lack of standardization among various vendors is restraining the growth of this market. On basis on type, basic segment is anticipated to hold a dominant share in terms revenue contribution throughout forecast period followed by standard and senior segments respectively owing its low cost as compared with other types available in market . On basis on application, large enterprises segment is estimated account for largest share in terms revenue contribution over medium-sized enterprise and small enterprises segments during forecast period .
Product Definition:
Residential Construction Estimating Software is a computer software application used by construction professionals to help estimate the cost of building or remodeling a residential property. It can be used to create detailed cost estimates for individual projects or to track spending on larger scale projects. Residential Construction Estimating Software is an important tool for contractors as it helps them stay organized and efficient while bidding on jobs, negotiating contracts, and managing their business expenses.
Basic（Under 9/Month）:
The global basic）under 9/month） residential construction estimating software market size was valued at USD 3.5 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to factors such as ease of use, accurate estimates, time-saving features, and integration with other platforms used for construction management including project management systems and cloud computing platforms among others.
Standard(9-299 /Month）:
Standard(9-299 / Month）) is used in the residential construction industry for scheduling and cost estimation of labor, materials, and equipment. The software estimates costs based on the type of project (New Construction or Renovation), size of project (Single-family house or Multifamily Complex), location, and other factors. It also provides a profitability analysis by showing an overall balance between cost & revenue as well as margin analysis by detail location.
Application Insights:
The large enterprises segment held the largest market share in 2017. This is attributed to the high usage of these applications by construction companies for internal purposes, such as estimation and billing. Large enterprises accounted for over 50% of the total revenue in 2017. Medium-sized enterprise accounted for around 25% while small enterprise was around 15%. These residential construction estimating software are used by small, medium and large scale businesses across all industry verticals to manage their projects effectively and efficiently with a single platform that can be customized as per client requirements.
The growth rate has been increasing consistently since then which will create huge opportunities for software vendors during this period.
Regional Analysis:
The North American region dominated the global market in 2017. This can be attributed to the presence of a large number of players and increased competition in this region. The increasing popularity of online estimating tools is also one factor contributing to regional growth. The U.S., being an early adopter, has been witness to most recent technological advancements and innovations, which has contributed significantly towards industry growth in this region over the past few years.
Growth Factors:
- Increasing demand for construction and renovation of residential properties across the globe
- Rising awareness about the benefits of using construction estimating software among builders and contractors
- Technological advancements in construction estimating software that offer enhanced features and functionalities
- Growing number of small-scale contractors who are increasingly adopting construction estimating software to streamline their operations
- Emergence of cloud-based construction estimating software that offers easy access to users and helps reduce costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Residential Construction Estimating Software Market Research Report
By Type
Basic（Under $169/Month）, Standard($169-299 /Month）, Senior（$299+/Month）
By Application
Large Enterprises（1000+ Users）, Medium-Sized Enterprise（499-1000 Users）, Small Enterprises（1-499 Users）
By Companies
Buildertrend, Stack Construction Technologies, CoConstruct, UDA Technologies, JobNimbus, Construction Computer Software, Clear Estimates, Advanced Electrical Technologies, PrioSoft, BrickControl, Improveit 360, Bid4Build, Buildxact, BuildStar Technologies, Tech Creations, EZcontractPRO, Nivben Software, Malleo, Projul, One Click Contractor, NextMinute
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Residential Construction Estimating Software Market Report Segments:
The global Residential Construction Estimating Software market is segmented on the basis of:
Types
Basic（Under $169/Month）, Standard($169-299 /Month）, Senior（$299+/Month）
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
Large Enterprises（1000+ Users）, Medium-Sized Enterprise（499-1000 Users）, Small Enterprises（1-499 Users）
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:
- Buildertrend
- Stack Construction Technologies
- CoConstruct
- UDA Technologies
- JobNimbus
- Construction Computer Software
- Clear Estimates
- Advanced Electrical Technologies
- PrioSoft
- BrickControl
- Improveit 360
- Bid4Build
- Buildxact
- BuildStar Technologies
- Tech Creations
- EZcontractPRO
- Nivben Software
- Malleo
- Projul
- One Click Contractor
- NextMinute
Highlights of The Residential Construction Estimating 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:
- Basic（Under $169/Month）
- Standard($169-299 /Month）
- Senior（$299+/Month）
- By Application:
- Large Enterprises（1000+ Users）
- Medium-Sized Enterprise（499-1000 Users）
- Small Enterprises（1-499 Users）
- 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 Residential Construction Estimating 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.
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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
Frequently Asked Questions?
Residential construction estimating software is a computer program that helps builders and homebuilders estimate the cost of building a new house or remodeling an existing one. The program can help with things like calculating square footage, figuring out materials costs, and estimating labor hours.
Some of the major players in the residential construction estimating software market are Buildertrend, Stack Construction Technologies, CoConstruct, UDA Technologies, JobNimbus, Construction Computer Software, Clear Estimates, Advanced Electrical Technologies, PrioSoft, BrickControl, Improveit 360, Bid4Build, Buildxact, BuildStar Technologies, Tech Creations, EZcontractPRO, Nivben Software, Malleo, Projul, One Click Contractor, NextMinute.
The residential construction estimating software market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Residential Construction Estimating Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Residential Construction Estimating Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Residential Construction Estimating Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Residential Construction Estimating Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Residential Construction Estimating Software Market Size & Forecast, 2018-2028
4.5.1 Residential Construction Estimating Software Market Size and Y-o-Y Growth
4.5.2 Residential Construction Estimating Software Market Absolute $ Opportunity
Chapter 5 Global Residential Construction Estimating Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Residential Construction Estimating Software Market Size Forecast by Type
5.2.1 Basic（Under $169/Month）
5.2.2 Standard($169-299 /Month）
5.2.3 Senior（$299+/Month）
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Residential Construction Estimating Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Residential Construction Estimating Software Market Size Forecast by Applications
6.2.1 Large Enterprises（1000+ Users）
6.2.2 Medium-Sized Enterprise（499-1000 Users）
6.2.3 Small Enterprises（1-499 Users）
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Residential Construction Estimating Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Residential Construction Estimating Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Residential Construction Estimating Software Analysis and Forecast
9.1 Introduction
9.2 North America Residential Construction Estimating Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Residential Construction Estimating Software Market Size Forecast by Type
9.6.1 Basic（Under $169/Month）
9.6.2 Standard($169-299 /Month）
9.6.3 Senior（$299+/Month）
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Residential Construction Estimating Software Market Size Forecast by Applications
9.10.1 Large Enterprises（1000+ Users）
9.10.2 Medium-Sized Enterprise（499-1000 Users）
9.10.3 Small Enterprises（1-499 Users）
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Residential Construction Estimating Software Analysis and Forecast
10.1 Introduction
10.2 Europe Residential Construction Estimating Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Residential Construction Estimating Software Market Size Forecast by Type
10.6.1 Basic（Under $169/Month）
10.6.2 Standard($169-299 /Month）
10.6.3 Senior（$299+/Month）
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Residential Construction Estimating Software Market Size Forecast by Applications
10.10.1 Large Enterprises（1000+ Users）
10.10.2 Medium-Sized Enterprise（499-1000 Users）
10.10.3 Small Enterprises（1-499 Users）
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Residential Construction Estimating Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Residential Construction Estimating Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Residential Construction Estimating Software Market Size Forecast by Type
11.6.1 Basic（Under $169/Month）
11.6.2 Standard($169-299 /Month）
11.6.3 Senior（$299+/Month）
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Residential Construction Estimating Software Market Size Forecast by Applications
11.10.1 Large Enterprises（1000+ Users）
11.10.2 Medium-Sized Enterprise（499-1000 Users）
11.10.3 Small Enterprises（1-499 Users）
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Residential Construction Estimating Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Residential Construction Estimating Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Residential Construction Estimating Software Market Size Forecast by Type
12.6.1 Basic（Under $169/Month）
12.6.2 Standard($169-299 /Month）
12.6.3 Senior（$299+/Month）
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Residential Construction Estimating Software Market Size Forecast by Applications
12.10.1 Large Enterprises（1000+ Users）
12.10.2 Medium-Sized Enterprise（499-1000 Users）
12.10.3 Small Enterprises（1-499 Users）
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Residential Construction Estimating Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Residential Construction Estimating Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Residential Construction Estimating Software Market Size Forecast by Type
13.6.1 Basic（Under $169/Month）
13.6.2 Standard($169-299 /Month）
13.6.3 Senior（$299+/Month）
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Residential Construction Estimating Software Market Size Forecast by Applications
13.10.1 Large Enterprises（1000+ Users）
13.10.2 Medium-Sized Enterprise（499-1000 Users）
13.10.3 Small Enterprises（1-499 Users）
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Residential Construction Estimating Software Market: Competitive Dashboard
14.2 Global Residential Construction Estimating Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Buildertrend
14.3.2 Stack Construction Technologies
14.3.3 CoConstruct
14.3.4 UDA Technologies
14.3.5 JobNimbus
14.3.6 Construction Computer Software
14.3.7 Clear Estimates
14.3.8 Advanced Electrical Technologies
14.3.9 PrioSoft
14.3.10 BrickControl
14.3.11 Improveit 360
14.3.12 Bid4Build
14.3.13 Buildxact
14.3.14 BuildStar Technologies
14.3.15 Tech Creations
14.3.16 EZcontractPRO
14.3.17 Nivben Software
14.3.18 Malleo
14.3.19 Projul
14.3.20 One Click Contractor
14.3.21 NextMinute
