Cost-Estimating Software Market Growth Analysis by 2031
Cost-Estimating Software Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1.85 Billion |
Market Size by 2031 | US$ 3.89 Billion |
Global CAGR (2023 - 2031) | 9.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Deployment
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Cost-Estimating Software Market News and Recent Developments
The cost-estimating software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the cost-estimating software market are listed below:
- Salesforce, the global leader in CRM, announced the expansion of the Centre of Excellence (CoE) in Hyderabad, significantly strengthening the company's presence in India. Salesforce has been investing in India over the last decade. The Hyderabad CoE opened in 2016, firmly establishing India as a leading talent and global innovation hub for the company. Salesforce has over 9,000 employees in India across offices in Bengaluru, Mumbai, Delhi, Hyderabad, Pune, and Jaipur.
(Source: Salesforce, Press Release, March 2023)
- Oracle announced Oracle Construction Intelligence Cloud Service, a new suite of AI and analytics applications for the engineering and construction industries. Construction projects often encounter problems that impact productivity, safety, and profitability. The new suite uses machine learning to continually analyze project data managed in Oracle Construction and Engineering solutions to identify these potential risks and inefficiencies early, helping organizations make better decisions.
(Source: Oracle, Press Release, February 2021)
Cost-Estimating Software Market Report Coverage and Deliverables
The "Cost-Estimating Software Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
- Cost-estimating software market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Cost-estimating software market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Cost-estimating software market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the cost-estimating software market
- Detailed company profiles