Construction and Design Software - Morocco

The Construction and Design Software market in Morocco is expected to reach a revenue of US$5.63m in 2024.
It is projected to have a steady annual growth rate (CAGR 2024-2029) of 1.57%, resulting in a market volume of US$6.08m by 2029.
In comparison to other countries, United States is expected to generate the highest revenue in the market, reaching US$5.42bn in 2024.
Morocco's construction and design software market is experiencing a surge in demand due to the country's ambitious 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.

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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 demand for Construction and Design Software in Morocco has been increasing in recent years.

Customer preferences: Moroccan customers are increasingly looking for software that can help them streamline their construction and design processes. They are interested in software that can help them manage projects more efficiently, reduce costs, and improve collaboration between team members. Moroccan customers are also looking for software that is user-friendly and easy to learn, as well as software that is compatible with their existing systems and devices.

Trends in the market: One of the key trends in the Construction and Design Software market in Morocco is the shift towards cloud-based software. Moroccan customers are increasingly interested in software that can be accessed from anywhere, at any time, and on any device. Cloud-based software also offers benefits such as automatic updates, improved collaboration, and reduced costs. Another trend in the market is the increasing use of Building Information Modeling (BIM) software. BIM software allows architects, engineers, and construction professionals to create and manage digital representations of buildings and infrastructure projects. BIM software can help improve collaboration, reduce errors, and increase efficiency throughout the entire construction process.

Local special circumstances: Morocco has a rapidly growing construction industry, which is driving demand for Construction and Design Software. The Moroccan government has also launched several initiatives to support the construction industry, such as the National Initiative for Human Development and the National Program for the Rehabilitation of Old Medinas. These initiatives are aimed at improving infrastructure and creating jobs, which is further driving demand for Construction and Design Software.

Underlying macroeconomic factors: Morocco has a rapidly growing economy, with a GDP growth rate of around 3.7% in 2019. The government has been investing heavily in infrastructure projects, such as highways, airports, and ports, which is driving demand for Construction and Design Software. The country's young and growing population is also driving demand for new housing and commercial buildings, which is further fueling the growth of the construction industry and the demand for Construction and Design Software.

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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