Key regions: United Kingdom, Netherlands, Germany, Australia, Japan
The Construction and Design Software market in EU-27 is a rapidly evolving market, with new technological advancements and changing customer preferences driving growth and innovation.
Customer preferences: Customers in the EU-27 region are increasingly looking for software solutions that can improve efficiency, reduce costs and enhance productivity. This has led to a growing demand for construction and design software that can automate and streamline various processes, including project management, design, and collaboration. Additionally, customers are increasingly looking for software solutions that are easy to use, scalable, and customizable to meet their specific needs.
Trends in the market: One of the key trends in the EU-27 construction and design software market is the increasing adoption of cloud-based software solutions. This trend is being driven by the need for greater flexibility, scalability, and cost-effectiveness, as well as the growing popularity of remote work and collaboration. Another trend in the market is the increasing use of artificial intelligence (AI) and machine learning (ML) technologies to improve design accuracy, reduce errors, and enhance productivity.
Local special circumstances: The EU-27 construction and design software market is a diverse market, with different countries and regions experiencing varying levels of growth and adoption. For example, countries such as Germany, France, and the UK have well-established construction and design software markets, while other countries in Eastern Europe are still in the early stages of adoption. Additionally, local regulations and building codes can also impact the adoption and use of construction and design software in different regions.
Underlying macroeconomic factors: The EU-27 construction and design software market is being driven by a number of underlying macroeconomic factors, including population growth, urbanization, and increased investment in infrastructure projects. Additionally, the ongoing COVID-19 pandemic has also accelerated the adoption of digital technologies, including construction and design software, as companies look for ways to adapt to remote work and social distancing requirements. Finally, the increasing focus on sustainability and green building practices is also driving growth in the construction and design software market, as companies look for ways to reduce their environmental impact and meet regulatory requirements.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
