Construction and Design Software - Eastern Asia

The Construction and Design Software market in Eastern Asia is anticipated to witness significant growth in the coming years.
According to projections, the revenue for this market segment is expected to reach US$618.10m by 2024.
Furthermore, an estimated annual growth rate (CAGR 2024-2029) of 0.06% is expected, leading to a market volume of US$620.10m by 2029.
When compared globally, United States is expected to generate the highest revenue in this market, with a projected revenue of US$5.42bn in 2024.
In Eastern Asia, Japan is leading the way in the construction and design software market with innovative solutions tailored to the unique needs of the country's complex urban landscape.

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 Eastern Asia has been experiencing significant growth in recent years.

Customer preferences: Customers in Eastern Asia are increasingly demanding advanced construction and design software to improve their efficiency and productivity. They are looking for software that can help them manage complex projects, streamline workflows, and reduce costs. In addition, customers are also interested in software that can help them comply with local regulations and standards.

Trends in the market: In China, the Construction and Design Software market is growing rapidly due to the government's focus on infrastructure development. The country is investing heavily in transportation, housing, and energy projects, which is driving demand for advanced construction and design software. In Japan, the market is also growing due to the country's aging infrastructure and the need for modernization. South Korea is another key market in the region, with a strong focus on sustainable construction and design.

Local special circumstances: The Construction and Design Software market in Eastern Asia is highly competitive, with both local and international players vying for market share. Local players have an advantage in terms of understanding the local market and customer preferences, while international players bring advanced technology and expertise. In addition, the market is also subject to local regulations and standards, which can vary significantly between countries.

Underlying macroeconomic factors: The growth of the Construction and Design Software market in Eastern Asia is being driven by several underlying macroeconomic factors. These include the region's strong economic growth, rising urbanization, and increasing investment in infrastructure projects. In addition, the region's large population and growing middle class are driving demand for new housing and commercial real estate projects, which require advanced construction and design software. Finally, the region's focus on sustainability and green building practices is also driving demand for software that can help companies meet these standards.

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.