The article cited AMA's Global Construction Estimating Software Market Study explored substantial growth with CAGR of 10.9%. According the report, Rapid adoption of cloud-based construction estimation software
is one of the primary growth factors for the market. Increasing investments in infrastructure development in both developed and developing countries
is also expected to contribute significantly to the Construction Estimating Software market. Overall, SMEs
applications of Construction Estimating Software, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Construction Estimating Software market identified that the demand is rising in many different parts of the world as "Increase in real estate developments in Middle East region
". Furthermore, some recent industry insights like "In January 2019, UDA Technologies released ConstructionSuite 10, the latest version of their award-winning construction management software suite. ConstructionSuite 10 introduces a brand-new, streamlined interface, along with many powerful upgrades to UDA’s industry-acclaimed project management tools. and In November 2018, Bluebeam Inc., leading developer of innovative technology solutions for the global architectural, engineering and construction (AEC) industries, and part of the Nemetschek Group, announced the formation of a German subsidiary to better serve customers and strategically advance its overall investment and presence across the region." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Construction Estimating Software market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Construction Estimating Software market and other related sub-markets covered in the study.
o Key & emerging players in the Construction Estimating Software market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Construction Estimating Software market size is calculated using market estimation process, the Construction Estimating Software market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Construction Estimating Software market size has been validated using both top-down and bottom-up approaches.