Global Geotechnical Design Software Market Overview:
Geotechnical Design Software is used to design and analyze soil and rock deformation and stability, soil-structure interaction, and groundwater. These softwares are also used to design 2D and 3D geotechnical applications. These softwares are designed to deal with geotechnical issues such as slope stability, seismic analysis, foundations, etc. and are widely used by geotechnical engineers, civil engineers, and geologists.
- Ease to Use Geotechnical Design Software
- Demand for Cloud-based Geotechnical Design Software
- Technological Advancement in Construction Industry
- Technical Issues in the Geotechnical Design Software
- Investments in Oil & Gas and Major Energy Projects
- Increasing Repair and Renovation Activities
- Availability of Freeware Software
The geotechnical design software market is fragmented due to the presence of several geotechnical design software providers. The level of competition among the companies in the geotechnical design software market is intense and manufacturers focus on developing new technologies and offering customized products to the customers.
Some of the key players profiled in the report are EngSoft S.R.L (Romania), Bentley Systems (United States), Fine spol. s r.o. (Czech Republic), Rocscience Inc (Canada), Optum Computational Engineering (Denmark), Oasys Software (United Kingdom), SoilVision Systems Ltd. (Canada), GEOSLOPE International Ltd. (Canada), Deep Excavation LLC (United States), CADS UK (United Kingdom) and NEOTEK OE P. Xystris & Co.(Greece). Considering Market by Software Subscription, the sub-segment i.e. Monthly will boost the Geotechnical Design Software market. Considering Market by Pricing, the sub-segment i.e. Premium will boost the Geotechnical Design Software market. Considering Market by Deployment, the sub-segment i.e. On-Premises will boost the Geotechnical Design Software market. Considering Market by Enterprise Type, the sub-segment i.e. Large Enterprises will boost the Geotechnical Design Software market. Considering Market by End User, the sub-segment i.e. Building & Infrastructure will boost the Geotechnical Design Software market.
Latest Market Insights:
In May 2019, Bentley Systems completed acquisition of Keynetix, a provider of geotechnical data management cloud services. The addition of Keynetix software expands Bentley’s geotechnical offerings and accelerates Bentley’s vision of enabling subsurface digital twins for infrastructure projects and assets.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Geotechnical Design Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Geotechnical Design Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Geotechnical Design Software Providers, Cloud Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.