Market Overview

Global Architectural Engineering and Construction Solutions Market 2018-2022 to Post a CAGR of 12% | Technavio

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Technavio
analysts forecast the global architectural engineering and construction
(AEC) solutions market to grow at a CAGR of over 12% during the forecast
period, according to their latest market research report.

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Technavio has published a new market research report on the global architectural engineering and con ...

Technavio has published a new market research report on the global architectural engineering and construction solutions market from 2018-2022. (Graphic: Business Wire)

The increasing popularity of cloud-based AEC solutions is one of the
major trends being witnessed in the global
architectural engineering and construction solutions market 2018-2022
.
The demand for cloud-based AEC solutions is growing, as the cloud-based
AEC solutions enable centralized access to AEC-based project data
irrespective of location. The AEC solutions software has many benefits
associated with it such as low maintenance, cost, flexibility, and
scalability of the storage. In addition, cloud-based AEC solutions get
automatically upgraded, which will be beneficial for the construction
industry. The cloud-based AEC software also enables contractors,
architects, engineers, and sub-contractors to make alterations in the
design stage, which helps to optimize time, money and resources. Thus,
it is expected that the adoption of cloud-based AEC will have a positive
outlook during the forecast period.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global architectural engineering and construction
solutions market is the increasing requirement for large-scale project
management:

Global architectural engineering and
construction solutions market: Increasing requirement for large-scale
project management

Currently, organizations are focusing on cultivating and managing the
resources necessary for efficient product outputs, which increases the
requirements of efficient solutions for large-scale construction project
management. The primary purpose of AEC solutions is to automate
processes to ensure maximum inputs by managing resources and maintaining
a regular follow-up. Some of the benefits associated with employing AEC
solutions in large-scale project management are process management,
projecting profitability, and automation. Thus, with such benefits, it
is expected that the global market will have a positive outlook during
the forecast period.

According to a senior analyst at Technavio for research on life science
research tools, "Advantages such as increasing investment in
intelligent processing along with reduction in design time are some of
the major factors that are contributing to the growth of the market,
which will further boost the growth of the market during the forecast
period."

Global architectural engineering and
construction solutions market: Segmentation analysis

The global architectural engineering and construction solutions market
research report provide market segmentation by product (software and
services), and by region (the Americas, EMEA, and APAC). It provides an
in-depth analysis of the prominent factors influencing the market,
including drivers, opportunities, trends, and industry-specific
challenges.

The Americas held the largest share of the market in 2017, accounting
for close to 43% share, followed by the EMEA and APAC respectively.
Although APAC held the smallest share of the market, it is expected to
witness the maximum increase in its market share over the forecast
period.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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