Construction and Design Software - Belgium

Belgium, a country known for its rich history and architectural wonders, is also a significant player in the global Construction and Design Software market.
In the year 2024, the projected revenue for this market segment in Belgium is estimated to reach US$57.48m.
Looking ahead, it is anticipated that the market will experience a steady growth rate of 0.39% annually from 2024 to 2029, resulting in a market volume of US$58.60m by the end of this period.
When we compare Belgium's revenue in the Construction and Design Software market to that of other countries, it is important to note that United States leads the way.
With an estimated revenue of US$5.42bn in 2024, United States dominates the global market in terms of generating revenue in this sector.
Belgium's construction and design software market is thriving, with a strong emphasis on sustainable and energy-efficient solutions.

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.

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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

Belgium, a country known for its chocolate, waffles, and beer, is also a growing market for Construction and Design Software.

Customer preferences: In Belgium, customers prefer software that can handle complex designs and provide accurate cost estimates. They also value software that can integrate with other tools and platforms, making it easier to collaborate with other teams and stakeholders. Additionally, customers in Belgium prioritize software that is user-friendly and has a strong support system.

Trends in the market: One of the major trends in the Construction and Design Software market in Belgium is the increasing adoption of Building Information Modeling (BIM) software. BIM software allows for more efficient collaboration between architects, engineers, and construction teams, leading to faster project completion times and cost savings. Another trend is the integration of Artificial Intelligence (AI) and Machine Learning (ML) into design software, which can help automate repetitive tasks and provide more accurate cost estimates.

Local special circumstances: Belgium has a highly developed construction industry, with a focus on sustainable and energy-efficient buildings. This has led to an increased demand for software that can accurately calculate energy consumption and sustainability metrics. Additionally, Belgium has a large number of historic buildings that require specialized software for restoration and preservation.

Underlying macroeconomic factors: Belgium has a stable economy with a high level of government spending on infrastructure projects. This has led to a growing demand for Construction and Design Software in the country. Additionally, Belgium has a highly educated workforce, with a large number of engineers and architects who require software to perform their jobs effectively. Finally, the country's central location in Europe makes it an attractive market for international software providers looking to expand their reach.

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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