Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.84 Billion | USD 29.08 Billion | 10.37% | 2024 |
FrequentlyAsked Questions
For successful project life cycle management, real estate businesses, construction firms, surveyors, interior designers, and mechanical & electrical piping engineers employ architecture, engineering, and construction (AEC) software. The primary goal of AEC software is to improve project performance and results.
The global AEC market is expected to grow due to Digital transformation, BIM adoption, and increased infrastructure investments drive growth. Demand for efficient project management and collaboration tools supports the market.
According to a study, the global AEC market size was worth around USD 10.84 Billion in 2024 and is expected to reach USD 29.08 Billion by 2034.
The global AEC market is expected to grow at a CAGR of 10.37% during the forecast period.
North America is expected to dominate the AEC market over the forecast period.
Leading players in the global AEC market include Autodesk Inc., Bentley Systems Inc., Aveva Group plc., Trimble Inc., ACCA Software, 4M Group, Esri India Technologies Private Limited, Procore Technologies, Inc., Construsoft B.V., Ansys Inc., Dassault Systèmes, Nemetschek, Ansys, Newforma, Hexagon AB, and Innovaya, among others.
The report explores crucial aspects of the AEC market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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