"The Report Global Architecture Engineering and Construction Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
Albany, NY -- (SBWIRE) -- 06/10/2016 -- Description
About the Architectural Engineering and Construction Market
AEC solutions include both software and services for the construction of large and complex residential, industrial, and commercial buildings. It includes features such as designing, building, operations, and management. The major end-users of AEC solutions include architects, engineers, and contractors. There is widespread adoption of AEC solutions because it helps to reduce the capital and time spent on the construction of buildings. AEC solutions include BIM, CAD-based design solutions, design analysis solutions, and collaboration and construction management solutions.
The reduction in design time is a major factor contributing to the increased adoption of AEC solutions across industries. The solutions eliminate the need for paperwork and allow engineers to complete projects faster.
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Technavios analysts forecast the Global Architectural Engineering And Construction Market to grow at a CAGR of 10.75% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global architectural engineering and construction market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of AEC software licenses and services.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Architectural Engineering and Construction Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
AVEVA
Autodesk
Bentley Systems
Intergraph
Nemetschek
Trimble Navigation
Other prominent vendors
4M
Cadsoft
CYPE Ingenieros
Dassault Systmes
DesignBuilder Software
Innovaya
Integrated Environmental Solutions
Newforma
Virtual Build Technologies
Market driver
Reduction in project design time
For a full, detailed list, view our report
Market challenge
High cost of AEC software
For a full, detailed list, view our report
Market trend
Increased adoption of open BIM
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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