Construction and Design Software - Burundi

The revenue in the Construction and Design Software market in Burundi is projected to reach US$292.00k in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.67%, resulting in a market volume of US$384.70k by 2029.
In global comparison, United States will generate the most revenue, with US$5.42bn in 2024.
Despite facing limited access to technology, the construction and design software market in Burundi is slowly gaining traction, with local businesses embracing digital solutions for improved efficiency and project management.

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

The Construction and Design Software market in Burundi has been showing signs of growth in recent years, driven by various factors such as increasing demand for infrastructure development and rising urbanization.

Customer preferences: Customers in Burundi are increasingly looking for software that can help them streamline their construction and design processes, reduce costs, and improve efficiency. They are also interested in software that can help them manage their projects more effectively, from planning to execution and monitoring.

Trends in the market: One of the key trends in the Construction and Design Software market in Burundi is the growing popularity of cloud-based solutions. Cloud-based software is becoming increasingly popular among customers in Burundi due to its ease of use, affordability, and flexibility. Another trend is the increasing adoption of Building Information Modeling (BIM) software. BIM is a digital representation of a building's physical and functional characteristics, which allows for better collaboration and communication among stakeholders in the construction process.

Local special circumstances: Burundi is a landlocked country in East Africa, with a relatively small economy that is heavily dependent on agriculture. The country has a limited infrastructure, which is a major challenge for the Construction and Design Software market. However, the government has been investing in infrastructure development in recent years, which has created opportunities for the market.

Underlying macroeconomic factors: Burundi's economy has been growing at a steady pace in recent years, driven by agriculture and services. However, the country still faces significant challenges, including political instability, poor infrastructure, and a high poverty rate. These factors are likely to impact the growth of the Construction and Design Software market in Burundi in the coming years.

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.

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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.