![]() The global construction estimating software market to value US$ 340.0 Million in 2021.Globally, rising construction spending is expected to be one of the long-term factors driving sales in the market over the forecast period. The introduction of IoT in construction estimating software has made the job easy by maximizing workflow effectiveness and providing an accurate estimation of the cost of the raw materials.Ĭonstruction estimating software helps commercial construction firms streamline their workflows and maximize productivity by digitalizing their preconstruction process this leads to accurate estimates, and improved construction bidding. Increasing demand for cloud-based enterprise applications and their easy access through smartphones are some of the major factors driving the growth of the construction estimating software market. ![]() Owing to the rapid digitalization in the construction sector, the market for construction estimating software is likely to flourish significantly, securing US$ 556.0 Million while recording a CAGR of 4.5% during the forecast period from 2022-2032. New York, J(GLOBE NEWSWIRE) - As per a study conducted by Persistence Market Research, the global construction estimating software market is anticipated to secure US$ 357.4 Million in 2022, whereas, it was valued US$ 340.0 Million in 2021.
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