Construction ERP Software Market Research Report 2021-2031
The Construction ERP Software Market is expected to register a CAGR of 9.6% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Type (Project Management, Financial Management, Quality And Safety, Field Productivity, And Others), By Deployment Mode (Cloud and On-Premise), By Organization Size (Small & Medium Enterprise And Large Enterprise), By Application (General Contractors, Building Owners, Architects And Engineers, Specialty Contractors, And Sub-Contractors). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Construction ERP Software Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Construction ERP Software Market Segmentation
Type- Project Management
- Financial Management
- Quality And Safety
- Field Productivity
- Others
- Cloud and On-Premise
- Small & Medium Enterprise And Large Enterprise
- General Contractors
- Building Owners
- Architects And Engineers
- Specialty Contractors
- Sub-Contractors
Strategic Insights
Construction ERP Software Market Growth Drivers- Need for Improved Project Management and Cost Control: Construction projects are complex, often experiencing cost overruns, delays, and miscommunication. In this regard, ERP software helps construction firms streamline project management by consolidating data about budgeting, scheduling, procurement, and resource allocation. It results in better tracking of costs and timelines, reducing inefficiencies and improving financial control.
- Integration of Advanced Technology: Increased integration of technologies such as AI, machine learning, and IoT, which enhances the capabilities of ERPs. AI-based analytics can predict issues ahead and optimize resource allocation, enabling sound decision-making. IoT sensors for real-time monitoring of construction equipment and materials offer deeper insights to make project execution more efficient.
- Cloud-Based ERP Solutions: The most significant trends in the construction ERP market are the use of cloud-based ERP solutions. They enable construction firms to access any location and obtain their ERP systems, with project teams, managers, and stakeholders collaborating instantly. Cloud ERP also significantly reduces the requirements for capital-intensive upfront infrastructure investments; it is also more affordable and scalable in terms of company size.
- Cloud-Based ERP Adoption: The trend toward cloud-based ERP solutions is gaining significant momentum in the construction industry. Cloud ERP offers numerous advantages, including lower upfront costs, scalability, remote access, and easier software updates. With construction projects often involving multiple teams and stakeholders dispersed across various locations, cloud ERP systems provide a centralized platform where all project data can be accessed in real-time, ensuring better collaboration and efficiency. The increasing adoption of cloud computing in the construction industry is accelerating the shift to cloud-based ERP systems, which offer flexibility and reduced IT infrastructure costs.
- Mobile-First ERP Systems: Many construction teams work in the field and not in a central office, so mobile solutions are being adopted in the construction industry. Mobile-first ERP systems enable construction managers, workers, and contractors to view key project data, update status, and track resources on-site in real time. This leads to enhanced decision-making capabilities and helps all team members get focused on the objectives of the project.
- Digital Transformation of Construction Companies: With the digital transformation of the construction industry, there is tremendous potential for ERP software to transform further and become even more integrated with other technologies, such as BIM (Building Information Modeling), drones, and advanced analytics. The possibility of delivering ERP systems that seamlessly integrate with other construction technologies provides a comprehensive solution to operations that are further streamlined and increase productivity.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Construction ERP Software Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Construction ERP Software Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
The major factors driving the construction ERP software market are:
1. Need for Improved Project Management and Cost Control.
2.Integration of Advanced Technology
Key players in the construction ERP software market include Sage Group plc, Oracle, Trimble Inc., Procore Technologies, Inc., Jonas Construction Software Inc., Fieldwire,Autodesk Inc., Buildertrend, and Esticom Inc.
Cloud-Based ERP Solutions is likely to remain a key trend in the market.
The Construction ERP Software Market is estimated to witness a CAGR of 9.6% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Construction ERP Software Market - By Deployment
1.3.2 Construction ERP Software Market - By End-Users
1.3.3 Construction ERP Software Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CONSTRUCTION ERP SOFTWARE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. CONSTRUCTION ERP SOFTWARE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CONSTRUCTION ERP SOFTWARE MARKET - GLOBAL MARKET ANALYSIS
6.1. CONSTRUCTION ERP SOFTWARE - GLOBAL MARKET OVERVIEW
6.2. CONSTRUCTION ERP SOFTWARE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CONSTRUCTION ERP SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT
7.1. OVERVIEW
7.2. DEPLOYMENT MARKET FORECASTS AND ANALYSIS
7.3. ON-PREMISE
7.3.1. Overview
7.3.2. On-Premise Market Forecast and Analysis
7.4. CLOUD
7.4.1. Overview
7.4.2. Cloud Market Forecast and Analysis
8. CONSTRUCTION ERP SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - END-USERS
8.1. OVERVIEW
8.2. END-USERS MARKET FORECASTS AND ANALYSIS
8.3. SMES
8.3.1. Overview
8.3.2. SMEs Market Forecast and Analysis
8.4. LARGE ENTERPRISES
8.4.1. Overview
8.4.2. Large Enterprises Market Forecast and Analysis
9. CONSTRUCTION ERP SOFTWARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Construction ERP Software Market Overview
9.1.2 North America Construction ERP Software Market Forecasts and Analysis
9.1.3 North America Construction ERP Software Market Forecasts and Analysis - By Deployment
9.1.4 North America Construction ERP Software Market Forecasts and Analysis - By End-Users
9.1.5 North America Construction ERP Software Market Forecasts and Analysis - By Countries
9.1.5.1 United States Construction ERP Software Market
9.1.5.1.1 United States Construction ERP Software Market by Deployment
9.1.5.1.2 United States Construction ERP Software Market by End-Users
9.1.5.2 Canada Construction ERP Software Market
9.1.5.2.1 Canada Construction ERP Software Market by Deployment
9.1.5.2.2 Canada Construction ERP Software Market by End-Users
9.1.5.3 Mexico Construction ERP Software Market
9.1.5.3.1 Mexico Construction ERP Software Market by Deployment
9.1.5.3.2 Mexico Construction ERP Software Market by End-Users
9.2. EUROPE
9.2.1 Europe Construction ERP Software Market Overview
9.2.2 Europe Construction ERP Software Market Forecasts and Analysis
9.2.3 Europe Construction ERP Software Market Forecasts and Analysis - By Deployment
9.2.4 Europe Construction ERP Software Market Forecasts and Analysis - By End-Users
9.2.5 Europe Construction ERP Software Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Construction ERP Software Market
9.2.5.1.1 Germany Construction ERP Software Market by Deployment
9.2.5.1.2 Germany Construction ERP Software Market by End-Users
9.2.5.2 France Construction ERP Software Market
9.2.5.2.1 France Construction ERP Software Market by Deployment
9.2.5.2.2 France Construction ERP Software Market by End-Users
9.2.5.3 Italy Construction ERP Software Market
9.2.5.3.1 Italy Construction ERP Software Market by Deployment
9.2.5.3.2 Italy Construction ERP Software Market by End-Users
9.2.5.4 United Kingdom Construction ERP Software Market
9.2.5.4.1 United Kingdom Construction ERP Software Market by Deployment
9.2.5.4.2 United Kingdom Construction ERP Software Market by End-Users
9.2.5.5 Russia Construction ERP Software Market
9.2.5.5.1 Russia Construction ERP Software Market by Deployment
9.2.5.5.2 Russia Construction ERP Software Market by End-Users
9.2.5.6 Rest of Europe Construction ERP Software Market
9.2.5.6.1 Rest of Europe Construction ERP Software Market by Deployment
9.2.5.6.2 Rest of Europe Construction ERP Software Market by End-Users
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Construction ERP Software Market Overview
9.3.2 Asia-Pacific Construction ERP Software Market Forecasts and Analysis
9.3.3 Asia-Pacific Construction ERP Software Market Forecasts and Analysis - By Deployment
9.3.4 Asia-Pacific Construction ERP Software Market Forecasts and Analysis - By End-Users
9.3.5 Asia-Pacific Construction ERP Software Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Construction ERP Software Market
9.3.5.1.1 Australia Construction ERP Software Market by Deployment
9.3.5.1.2 Australia Construction ERP Software Market by End-Users
9.3.5.2 China Construction ERP Software Market
9.3.5.2.1 China Construction ERP Software Market by Deployment
9.3.5.2.2 China Construction ERP Software Market by End-Users
9.3.5.3 India Construction ERP Software Market
9.3.5.3.1 India Construction ERP Software Market by Deployment
9.3.5.3.2 India Construction ERP Software Market by End-Users
9.3.5.4 Japan Construction ERP Software Market
9.3.5.4.1 Japan Construction ERP Software Market by Deployment
9.3.5.4.2 Japan Construction ERP Software Market by End-Users
9.3.5.5 South Korea Construction ERP Software Market
9.3.5.5.1 South Korea Construction ERP Software Market by Deployment
9.3.5.5.2 South Korea Construction ERP Software Market by End-Users
9.3.5.6 Rest of Asia-Pacific Construction ERP Software Market
9.3.5.6.1 Rest of Asia-Pacific Construction ERP Software Market by Deployment
9.3.5.6.2 Rest of Asia-Pacific Construction ERP Software Market by End-Users
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Construction ERP Software Market Overview
9.4.2 Middle East and Africa Construction ERP Software Market Forecasts and Analysis
9.4.3 Middle East and Africa Construction ERP Software Market Forecasts and Analysis - By Deployment
9.4.4 Middle East and Africa Construction ERP Software Market Forecasts and Analysis - By End-Users
9.4.5 Middle East and Africa Construction ERP Software Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Construction ERP Software Market
9.4.5.1.1 South Africa Construction ERP Software Market by Deployment
9.4.5.1.2 South Africa Construction ERP Software Market by End-Users
9.4.5.2 Saudi Arabia Construction ERP Software Market
9.4.5.2.1 Saudi Arabia Construction ERP Software Market by Deployment
9.4.5.2.2 Saudi Arabia Construction ERP Software Market by End-Users
9.4.5.3 U.A.E Construction ERP Software Market
9.4.5.3.1 U.A.E Construction ERP Software Market by Deployment
9.4.5.3.2 U.A.E Construction ERP Software Market by End-Users
9.4.5.4 Rest of Middle East and Africa Construction ERP Software Market
9.4.5.4.1 Rest of Middle East and Africa Construction ERP Software Market by Deployment
9.4.5.4.2 Rest of Middle East and Africa Construction ERP Software Market by End-Users
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Construction ERP Software Market Overview
9.5.2 South and Central America Construction ERP Software Market Forecasts and Analysis
9.5.3 South and Central America Construction ERP Software Market Forecasts and Analysis - By Deployment
9.5.4 South and Central America Construction ERP Software Market Forecasts and Analysis - By End-Users
9.5.5 South and Central America Construction ERP Software Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Construction ERP Software Market
9.5.5.1.1 Brazil Construction ERP Software Market by Deployment
9.5.5.1.2 Brazil Construction ERP Software Market by End-Users
9.5.5.2 Argentina Construction ERP Software Market
9.5.5.2.1 Argentina Construction ERP Software Market by Deployment
9.5.5.2.2 Argentina Construction ERP Software Market by End-Users
9.5.5.3 Rest of South and Central America Construction ERP Software Market
9.5.5.3.1 Rest of South and Central America Construction ERP Software Market by Deployment
9.5.5.3.2 Rest of South and Central America Construction ERP Software Market by End-Users
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CONSTRUCTION ERP SOFTWARE MARKET, KEY COMPANY PROFILES
11.1. CORECON TECHNOLOGIES
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. HYPHEN SOLUTIONS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. MARG ERP LIMITED
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. MICROSOFT CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ORACLE
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PACT SOFTWARE SERVICES L.L.C
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SAGE SOFTWARE
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TALLY SOLUTIONS PVT LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. UDA TECHNOLOGIES
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VIEWPOINT
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
2. Hyphen Solutions
3. Marg ERP Limited
4. Microsoft Corporation
5. Oracle
6. PACT Software Services L.L.C
7. Sage Software
8. Tally Solutions Pvt Ltd
9. UDA Technologies
10. Viewpoint
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For