Market Share of Construction Management Software Industry
The Construction Management Software Market is highly fragmented as it currently consists of many players. Several key players in the market are in constant efforts to bring advancements. A few prominent companies are entering into collaborations and expanding their global footprint in developing regions to consolidate their positions in the market. The major player in this market includes Oracle Corporation, Bentley Systems Inc., Procore Technologies, Intuit Inc., and Trimble Inc.
In November 2022, Bentley Systems, the industry-leading infrastructure engineering software, introduced phase 2 of the architecture metaverse at its yearly infrastructure conference in London. This new phase comprises several improvements designed to close gaps between data processes in information technology (IT), operational technology (OT), and engineering technology (ET). Additionally, it significantly enhances the handoff between the workflows for the design, construction, and operation of infrastructure projects.
In November 2022, Procore Technologies, Inc., one of the major multinational providers of construction management software companies, announced the introduction of its product in Germany as part of its global expansion. After Procore's successful expansion into the MENA in 2021 and France in 2022, the launch represents its sustained investment and commitment in Europe, the Middle East, and North Africa.
Construction Management Software Market Leaders
Oracle Corporation
Bentley Systems Inc.
Procore Technologies
Intuit Inc.
Trimble Inc.
*Disclaimer: Major Players sorted in no particular order
