Construction and Design Software - Australia

The Construction and Design Software market in Australia is anticipated to achieve a revenue of AU US$183.90m by 2024.
It is expected to experience a steady annual growth rate (CAGR 2024-2029) of 0.54%, leading to a market volume of AU US$188.90m by 2029.
When compared globally, United States is projected to generate the highest revenue of US$5.42bn in 2024.
The construction and design software market in Australia is experiencing a surge in demand, driven by the country's robust infrastructure development 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 Construction and Design Software market in Australia has been experiencing significant growth in recent years.

Customer preferences: Australian customers are increasingly looking for software that can help them streamline their construction and design processes. They are seeking solutions that can help them save time, reduce costs, and improve the accuracy of their designs. Additionally, there is a growing demand for software that can help users collaborate more effectively with team members and stakeholders.

Trends in the market: One of the key trends in the Australian Construction and Design Software market is the shift towards cloud-based solutions. Cloud-based software offers users greater flexibility and scalability, as well as the ability to access their designs and data from anywhere. Another trend is the increasing use of Building Information Modelling (BIM) software, which allows users to create detailed 3D models of buildings and infrastructure.

Local special circumstances: The Australian Construction and Design Software market is unique in that it is heavily influenced by the country's strict building codes and regulations. Software vendors must ensure that their solutions comply with these regulations, which can be challenging in a market that is constantly evolving. Additionally, the market is highly competitive, with a large number of local and international vendors vying for market share.

Underlying macroeconomic factors: The growth of the Construction and Design Software market in Australia can be attributed to a number of underlying macroeconomic factors. For example, the country has experienced a significant increase in construction activity in recent years, which has driven demand for software that can help streamline the design and construction process. Additionally, the Australian government has invested heavily in infrastructure projects, which has further boosted demand for construction and design software. Finally, the country's strong economy and high levels of urbanization have created a favorable environment for software vendors looking to expand their operations in the region.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Imagine a world without the apps you use daily, the games you enjoy, or the websites you rely on. Software development is the invisible hand behind this digital magic, transforming ideas into the tools that shape our lives. Software development is the process of creating, designing, deploying, and supporting software. It includes all the computer activities between the software's conception and final manifestation.

These activities are planned and put into stages in a logical order, a process known as the software development life cycle (SDLC) or software development. The SDLC often includes six stages: requirement analysis, design, development, testing, implementation, documentation, and evolution. Programming languages such as JavaScript and C++ are used to create software, with JavaScript being the most popular programming language in 2023 and used by roughly 65 percent of software developers.