The Construction Estimating Software Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Construction Estimating Software Market?
The market size of the construction estimating software has recently experienced robust growth. This market is predicted to escalate from $1.45 billion in 2024 to $1.57 billion in 2025 with a compound annual growth rate (CAGR) of 8.4%. The growth observed in the past is due to various factors.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Construction Estimating Software Industry?
By 2029, the market size of construction estimating software is projected to reach $2.3 billion. The compound annual growth rate (CAGR) during this period is anticipated to be 10.0%.
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What are the Key Growth Drivers Fueling the Construction Estimating Software Market?
The key drivers in the construction estimating software market are:
• Rise in design-build contracts
• Government initiatives for smart cities
• Implementation of data security measures
• Integration with project management software
Global Market Segmentation: Identifying Major Construction Estimating Software Industry Segments
The construction estimating software market covered in this report is segmented –
1) By Product: Construction Accounting, Construction Management, Construction Suites, Project Management
2) By Software License: Perpetual License, Subscription License, Other Software Licenses
3) By Deployment: Cloud, On-Premise
4) By Enterprise Size: Small And Medium Enterprises, Large Enterprises
5) By End-Use: Architects And Builders, Construction Managers, Contractors, Other End-Users
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What are the Emerging Trends Shaping the Future of the Construction Estimating Software Market?
The key trends in the construction estimating software market are:
• An increasing trend is the use of cloud-based construction estimating solutions.
• Scalability and customization in software solutions are becoming increasingly important.
• There's a growing trend of AI-based predictive analytics to forecast cost trends.
• Collaborative estimation software and integration with cost databases are emerging trends.
Who Are the Top Competitors & Leading Players in the Construction Estimating Software Market?
Major companies in the construction estimating software market are:
• Autodesk Inc.
• Bluebeam Inc.
• Corecon Technologies Inc.
• Glodon Company Limited
• Microsoft Corporation
• RIB Software SE
• Sage Group PLC
• Trimble Inc.
• AppliCAD PCL
• PrioSoft
• Buildsoft Pty Ltd.
• Heavy Construction Systems Specialists Inc.
• PlanSwift Software LLC
• Oracle Corporation
• Advanced Electrical Technologies Inc.
• QuoteSoft Inc.
• ProEst
• Procore Technologies
• STACK Construction Technologies
• AccuLynx
• HCSS
• Clear Estimates
• RSMeans data
• Sigma Estimates
• B2W Software
• InEight
• RedTeam Software
• CostX
• Esticom
• Estimator360 Inc.
• WinEstimator Inc.
• Foundation Software
• FastEST Inc.
• eTakeoff LLC
• McCormick Systems
• ConstructConnect
• On Center Software
• UDA Technologies
• BidScreen XL
• Causeway Technologies
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the construction estimating software market in 2024
