Global Architecture Design Software Market Size By Type (Basic, Advance), By End-Use (Building and Construction, Government Institutions), By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Architecture Design Software Market Size By Type (Basic, Advance), By End-Use (Building and Construction, Government Institutions), By Geographic Scope And Forecast
Architecture Design Software Market Size And Forecast
Architecture Design Software Market size was valued at USD 5.29 Billion in 2024 and is projected to reach USD 15.38 Billion by 2031, growing at a CAGR of 15.73% during the forecast period 2024-2031.
The Global Architecture Design Software Market is primarily driven by the increasing Use of CAD Software to Increase Productivity and Improve the Quality of the Design. Additionally, the surge in demand for advanced architectural rendering techniques due to Increasing Infrastructural developments is further augmenting the market. The Global Architecture Design Software Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Architecture Design Software Market Definition
Architecture Design Software is used by architects, civil engineers, and construction technicians to create, visualize and edit 2D models of construction drafts. This software helps to build creative 3D models, modern building designs, and innovative animations with the help of powerful precision tools. It empowers architects to simulate real-life scenarios and difficulties along with proper planning for construction. Some of the main features of this software include drafting and designing automation, process management, schedule management, planning & forecasting, and other customizations. The growing need for urban townships and infrastructure development drives the growth of this market.
Building Information Modelling is a relatively new concept in modern architecture which refers to the construction of sustainable buildings. This software provides a wide range of color palette options as well as exciting textures for designing The increase in the number transport & logistics development projects boosts the growth of this market. This software is utilized by the mining engineers to determine the site location, the area under operation, and the expanded scope of the mines. Convenience, compatibility, integration across various verticals as well as in-house designing tools and models are the factors for the high demand for this segment.
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Global Architecture Design Software Market Overview
The increased productivity gained by minimizing reliance on paperwork and documentation is one of the significant drivers of demand for architecture design software. The software also assists in lowering overall design costs by providing improved budgeting tools. Furthermore, the software allows architects to create an entire floor layout, complete with accurate measurements. Moreover, rising demand for sophisticated architectural technologies in various end-use sectors is projected to fuel revenue growth in the Global Architecture Design Software Market over the forecast period.
The software allows architects to create a 3D model of the entire building, just like a real-life development, and provide a final look-alike structure that gives a general idea of how the business will appear. This also enables architects to scrutinize every component of the construction project and push their design ideas to new heights. Architecture software can also be used to coordinate project management activities and create workflows that increase efficiency thus driving the need for architecture design software.
Global Architecture Design Software Market Segmentation Analysis
The Global Architecture Design Software market is segmented on the basis of Type, End-Use, And Geography.
Architecture Design Software Market, By Type
• Basic• Advance• Senior
Based on Type, The market is segmented into Basic, Advance, and Senior. The Advance segment is expected to grow at a substantial pace owing to the recent developments and rising demand.
Architecture Design Software Market, By End-Use
• Building & Construction• Government Institution• Roads & Railways• Mapping & Surveying• Others
Based on End-Use, The market is further bifurcated into Building & Construction, Government Institutions, Roads & Railways, Mapping & Surveying, and Others. The Buildings & Construction segment dominates the market and is predicted to grow at a good pace during the forecast period.
Architecture Design Software Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Regional Analysis, The Global Architecture Design Software Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. During the projected period, the Asia Pacific segment is expected to grow at a record pace. Infrastructure initiatives in nations such as China and India are expected to contribute significantly to the expansion of the Asia-Pacific market.
Key Players
The “Global Architecture Design Software Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Graphisoft, Microspot, BigTime Software, Bluebeam Software, ActCAD, Trimble, SmartDraw, Streamtime, BQE Software, Bentley Systems.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• On Mar 2022, ActCAD announced the release of its new version 1331 for ActCAD 2022 Professional, Standard, and Prime Versions with improved functionality.
• On Jan 2022, G2 announced their end-of-year awards based on user reviews. SmartDraw received awards across multiple categories from enterprise diagramming to org charts and CAD in G2’s Winter 2022 report.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2021-2031 |
Base Year | 2024 |
Forecast Period | 2024-2031 |
Historical Period | 2021-2023 |
Unit | Value (USD Billion) |
Key Companies Profiled | Graphisoft, Microspot, BigTime Software, Bluebeam Software, ActCAD, Trimble, SmartDraw. |
Segments Covered | • By Type• By End-Use• By Geography |
Customization scope | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
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