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New York, US, Sept. 28, 2022 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “Construction Software Market Research Report: By Product, Application – Forecast till 2030”, the market is anticipated to acquire a valuation of approximately USD 5.22 Billion by the end of 2030. The reports further predict the market to flourish at a robust CAGR of over 9.7% during the assessment timeframe.
Construction Software Market Overview:
The construction software market is expected to garner rapid traction across the globe. The growing trend of using data-driven, integrated processes and systems to efficiently manage construction projects would drive market growth.
The global construction industry is undergoing tremendous transformations. Construction companies increasingly need different solutions with tracking capabilities to manage multiple projects at a time. They also need prioritized software that provides reporting tools, file sharing, and real-time updates with financial planning features, third-party accounting systems, and efficient project documentation.
Leading players in the construction software market are-
- Oracle Corporation
- Trimble Inc
- Sage Group PLC
- Constellation Software Inc.
- Comprotex Software Inc.
- iSqFt (ConstructConnect)
- Procore Technologies Inc.
- Turtle Creek Software
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Construction management solutions can increase productivity and improve workflow, allowing project scheduling, workforce alignment, and assigning of resources & equipment for a project while managing to monitor budgets, schedules, and strategies. However, one of the most unique and valuable aspects of construction solutions is that they can simplify various building processes and highlight the top-rated project management needs.
Construction management solutions are hugely popular among construction firms, which is a…