Construction and Design Software - Argentina

The Construction and Design Software market in Argentina is expected to witness significant growth in the coming years.
According to projections, the revenue in this market is estimated to reach US$14.58m in 2024.
Furthermore, it is anticipated that the market will experience a steady annual growth rate of -1.30%, resulting in a market volume of US$13.66m by 2029.
When comparing the global market, it is worth mentioning that United States is expected to generate the highest revenue, reaching a staggering US$5.42bn in 2024.
This demonstrates the dominant position of the United States in the Construction and Design Software market.
Argentina's construction and design software market is experiencing a surge in demand due to the country's ambitious infrastructure projects.

Definition:

The Construction and Design Software market covers software applications in areas such as Computer-Aided Design (CAD), Manufacturing (CAM), and Product Lifecycle Management (PLM) that are used for tasks such as building design, product modeling, product management, manufacturing scheduling, and cost estimating.

Products in the Construction and Design Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.

Additional Information:

The Construction and Design Software market comprises revenue and revenue growth as the key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G).

Key players in this market include Autodesk and Dassault Systems.

For more information on the displayed data, use the info button right next to the boxes.

Computer-aided design (CAD) software, such as AutoCAD, Solidworks, and Onshape
Computer-aided manufacturing (CAM) software, such as Siemens, Fusion 360, and Desktop Metal

Free-of-charge software, such as Airtable, Anaplan, and BlackLine
Custom applications, such as Sphinx Solutions, CHI Software, and Intellectsoft

The demand for Construction and Design Software in Argentina has been growing steadily over the past few years.

Customer preferences: Argentinian customers are increasingly looking for software that offers more advanced features such as 3D modeling, virtual reality, and cloud-based collaboration tools. This is due to the fact that these features help to improve the efficiency of the construction process and reduce costs.

Trends in the market: One of the major trends in the Construction and Design Software market in Argentina is the increasing adoption of Building Information Modeling (BIM) software. This software allows architects, engineers, and construction professionals to create detailed 3D models of buildings and structures, which can be used to identify potential issues and optimize the construction process.Another trend that is driving the growth of the market is the rise of cloud-based software solutions. These solutions offer a number of benefits, including improved collaboration between team members, real-time updates, and reduced IT costs.

Local special circumstances: One of the key factors driving the growth of the Construction and Design Software market in Argentina is the country's rapidly expanding construction industry. In recent years, the government has invested heavily in infrastructure projects, which has led to a surge in demand for construction services and related software.

Underlying macroeconomic factors: Argentina's economy has been struggling in recent years, with high inflation rates and a volatile currency. However, the government's focus on infrastructure development has helped to offset some of these challenges and drive growth in the construction industry. Additionally, the country's large and growing population is creating a strong demand for new housing and commercial buildings, which is further fueling the growth of the Construction and Design Software market.

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.

Forecasts:

We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

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