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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the architectural engineering and construction solutions (AECS) market and it is poised to grow by USD 2.87 billion during 2020-2024, progressing at a CAGR of 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Autodesk Inc., Bentley Systems Inc., Dassault Systemes SE, Hexagon AB, Nemetschek SE, Newforma Inc., Odoo SA, Oracle Corp., Procore Technologies Inc., and Trimble Inc. are some of the major market participants. Although the growth of the global construction market will offer immense growth opportunities, challenges associated with open-source platforms will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The growth of the global construction market has been instrumental in driving the growth of the market. However, the high cost of AEC software might hamper market growth.

Architectural Engineering and Construction Solutions (AECS) Market 2020-2024: Segmentation

Architectural Engineering and Construction Solutions (AECS) Market is segmented as below:

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Architectural Engineering and Construction Solutions (AECS) Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our architectural engineering and construction solutions (AECS) market report covers the following areas:

This study identifies the increasing popularity of cloud-based AEC solutions as one of the prime reasons driving the architectural engineering and construction solutions (AECS) market growth during the next few years.

Architectural Engineering and Construction Solutions (AECS) Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Architectural Engineering and Construction Solutions (AECS) Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking. Our research reports on the Architectural Engineering and Construction Solutions (AECS) Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Architectural Engineering and Construction Solutions (AECS) Market 2020-2024: Key Highlights

Table Of Contents :

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by Deployment

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Global Architectural Engineering and Construction Solutions (AECS) Market 2020-2024 | Market Analysis, Drivers, Restraints, Opportunities, and Threats...