NEW YORK, May 26, 2021 /PRNewswire/ -- The construction management software market is expected to grow by USD 508.33 million during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the construction management software market in optimistic, probable, and pessimistic forecast scenarios.
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With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience bymaking effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planningto mitigate future crisis situations.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
Major Three Construction Management Software Market Participants:
Autodesk Inc. offers PlanGrid. It is a construction productivity software that allows contractors and owners in commercial, heavy civil, and other industries to work and collaborate from anywhere.
Buildertrend Solutions Inc.
Buildertrend Solutions Inc. offers construction management software that helps enterprises with a wide range of solutions, such as pre-sale process, project management, financial tools, and customer management.
ConstructConnect Inc. offers construction management solutions through its eight brands, namely On Center Software, PlanSwift Software, SmartBid, QuoteSoft, iSqFt, BidClerk, Lead Manager+, and CMD Leads to general contractors, subcontractors, manufacturers, service providers, and suppliers and distributors.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get a report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown: More Details: https://www.technavio.com/report/construction-management-software-market-industry-analysis
Construction Management Software Market 2020-2024: Segmentation
The construction management software market is segmented as below:
- Builders And Contractors
- Construction Managers
- Engineers And Architects
- North America
- South America
- The Middle East and Africa
The construction management software market is driven by the need for large-scale process management solutions. In addition, the use of lean management to improve productivity is expected to trigger the construction management software market toward witnessing a CAGR of almost 7% during the forecast period.
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ContactTechnavio Research Jesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: email@example.comWebsite: www.technavio.com/Report Page: https://www.technavio.com/report/construction-management-software-market-industry-analysis
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