Key regions: United Kingdom, Netherlands, Germany, Australia, Japan
The demand for Construction and Design Software in Northern Africa has been on the rise in recent years.
Customer preferences: Customers in Northern Africa are increasingly looking for software that can help them improve their construction and design processes. They are looking for software that can help them create 3D models and simulate their designs before starting construction. Additionally, customers are looking for software that is easy to use and can be accessed from anywhere.
Trends in the market: The Construction and Design Software market in Northern Africa is growing due to several factors. Firstly, there has been a rise in construction projects in the region, particularly in Morocco and Egypt. This has led to an increase in demand for software that can help manage these projects efficiently. Secondly, there has been a rise in the adoption of Building Information Modelling (BIM) in the region. This has led to an increase in demand for software that can support BIM workflows. Finally, there has been a rise in the adoption of cloud-based software in the region. This has led to an increase in demand for software that can be accessed from anywhere.
Local special circumstances: There are several unique circumstances in Northern Africa that are driving the growth of the Construction and Design Software market. Firstly, there is a large youth population in the region that is increasingly tech-savvy. This has led to an increase in demand for software that is easy to use and can be accessed from anywhere. Secondly, there is a rise in urbanization in the region. This has led to an increase in demand for software that can help manage large-scale construction projects.
Underlying macroeconomic factors: The growth of the Construction and Design Software market in Northern Africa is also being driven by several macroeconomic factors. Firstly, there has been a rise in foreign investment in the region. This has led to an increase in construction projects and an increase in demand for software that can help manage these projects. Secondly, there has been a rise in government spending on infrastructure in the region. This has led to an increase in demand for software that can help manage these projects efficiently. Finally, there has been a rise in the adoption of technology in the region. This has led to an increase in demand for software that can help businesses stay competitive.
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)
