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PUBLISHER: IMARC | PRODUCT CODE: 1451732

PUBLISHER: IMARC | PRODUCT CODE: 1451732

Architectural, Engineering, and Construction Market Report by Product, Deployment Mode, Enterprise Size (Small and Medium-sized Enterprises, Large Enterprises), End User, and Region 2024-2032

PUBLISHED: March 2, 2024

PAGES: 148 Pages

DELIVERY TIME: 2-3 business days

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The global architectural, engineering, and construction (AEC) market size reached US$ 9.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 21.1 Billion by 2032, exhibiting a growth rate (CAGR) of 8.89% during 2024-2032. Significant growth in the construction industry, and an increasing demand to create high-quality, high-performing building and infrastructure designs represent some of the key factors driving the market.

Architecture, engineering, and construction (AEC) software provides a host of services and plans the lifecycle process of a product from presentation to the final stage of production. It is widely used in designing, visualizing, drafting, and documenting the stages of the project. AEC is also used for building information modeling and electrical and plumbing. It helps to edit several elements using smart algorithmic search and group to enhance productivity and save time. It assists in reducing overhead costs and labor expenses, thus creating faster turn-around time on projects, and gaining insights into the latest technologies. As a result, AEC is extensively used by construction firms, real estate companies, interior designers, surveyors, and mechanical and electrical piping engineers.

One of the key factors driving the market growth is the significant expansion in the residential, commercial, and construction sectors across the globe. AEC Software is widely used by designers and construction planners to manage building projects more efficiently. In line with this, with rapid urbanization, there has been an increasing demand for cost-effective and personalized designing solutions, which, in turn, is favoring the market growth. Moreover, the widespread adoption of AEC by professionals and architects to prepare a detailed layout and utilize a three-dimensional (3D) model-based approach for construction projects is acting as another growth-inducing factor. Along with this, the increasing demand to create high-quality, high-performing building and infrastructure designs with conceptual and detailed design tools is propelling the market growth. Additionally, the implementation of various government initiatives to mandate the use of AEC software for the construction of public buildings is driving the market growth. Apart from this, the widespread adoption of cloud-based AEC among both large and mid-sized enterprises, as it does not involve capital cost as well as has low maintenance requirements, is providing an impetus to the market growth. Furthermore, the integration of artificial intelligence (AI), virtual reality (VR), and the Internet of Things (IoT) technologies that assist in visualizing, designing, and offering realistic graphics that are accurate and easy to understand is facilitating the market growth. These technological advances help to enhance work efficiencies and save time, which is positively influencing the market growth. Other factors, including the significant growth in smart cities and extensive research and development (R&D) activities, are anticipated to drive the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global architecture, engineering, and construction (AEC) market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on product, deployment mode, enterprise size and end user.

Product Insights

Software

Services

The report has also provided a detailed breakup and analysis of the architecture, engineering, and construction (AEC) market based on the product. This includes software and services. According to the report, software represented the largest segment.

Deployment Mode Insights

On-premises

Cloud-based

A detailed breakup and analysis of the architecture, engineering, and construction (AEC) market based on the deployment mode has also been provided in the report. This includes on-premises and cloud-based. According to the report, on-premises accounted for the largest market share.

Enterprise Size Insights

Small and Medium-sized Enterprises (SMEs)

Large Enterprises

The report has also provided a detailed breakup and analysis of the architecture, engineering, and construction (AEC) market based on the enterprise size. This includes small and medium-sized enterprises (SMEs) and large enterprises. According to the report, large enterprises represented the largest segment.

End User Insights

Construction and Architecture Companies

Education

Others

A detailed breakup and analysis of the architecture, engineering, and construction (AEC) market based on the end user has also been provided in the report. This includes construction and architecture companies, education, and others. According to the report, construction and architecture companies accounted for the largest market share.

Regional Insights

North America

United States

Canada

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, North America was the largest market for architecture, engineering, and construction (AEC). Some of the factors driving the North America architecture, engineering, and construction (AEC) market included its extensive applications in the construction industry, significant technological advancements, and extensive research and development (R&D) activities.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global architecture, engineering, and construction (AEC) market. Detailed profiles of all major companies have also been provided. Some of the companies covered include 4M Group, ACCA software S.p.A., Ansys Inc., Autodesk Inc., AVEVA Group Plc, Bentley Systems Incorporated, Construsoft B.V., CYPE Ingenieros S.A., Esri India Technologies Private Limited, Hexagon AB, Nemetschek SE, Procore Technologies Inc., etc. Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. How big is the global Architectural, Engineering, and Construction (AEC) market?
2. What is the expected growth rate of the global Architectural, Engineering, and Construction (AEC) market during 2024-2032?
3. What are the key factors driving the global Architectural, Engineering, and Construction (AEC) market?
4. What has been the impact of COVID-19 on the global Architectural, Engineering, and Construction (AEC) market?
5. What is the breakup of the global Architectural, Engineering, and Construction (AEC) market based on the product?
6. What is the breakup of the global Architectural, Engineering, and Construction (AEC) market based on deployment mode?
7. What is the breakup of the global Architectural, Engineering, and Construction (AEC) market based on the enterprise size?
8. What is the breakup of the global Architectural, Engineering, and Construction (AEC) market based on the end user?
9. What are the key regions in the global Architectural, Engineering, and Construction (AEC) market?
10. Who are the key players/companies in the global Architectural, Engineering, and Construction (AEC) market?

Product Code: SR112024A6647

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

5 Global Architectural, Engineering, and Construction (AEC) Market

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Product

6.1 Software
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
6.2 Services
- 6.2.1 Market Trends
- 6.2.2 Market Forecast

7 Market Breakup by Deployment Mode

7.1 On-premises
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
7.2 Cloud-based
- 7.2.1 Market Trends
- 7.2.2 Market Forecast

8 Market Breakup by Enterprise Size

8.1 Small and Medium-sized Enterprises (SMEs)
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
8.2 Large Enterprises
- 8.2.1 Market Trends
- 8.2.2 Market Forecast

9 Market Breakup by End User

9.1 Construction and Architecture Companies
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
9.2 Education
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
9.3 Others
- 9.3.1 Market Trends
- 9.3.2 Market Forecast

10 Market Breakup by Region

10.1 North America
- 10.1.1 United States
  - 10.1.1.1 Market Trends
  - 10.1.1.2 Market Forecast
- 10.1.2 Canada
  - 10.1.2.1 Market Trends
  - 10.1.2.2 Market Forecast
10.2 Asia-Pacific
- 10.2.1 China
  - 10.2.1.1 Market Trends
  - 10.2.1.2 Market Forecast
- 10.2.2 Japan
  - 10.2.2.1 Market Trends
  - 10.2.2.2 Market Forecast
- 10.2.3 India
  - 10.2.3.1 Market Trends
  - 10.2.3.2 Market Forecast
- 10.2.4 South Korea
  - 10.2.4.1 Market Trends
  - 10.2.4.2 Market Forecast
- 10.2.5 Australia
  - 10.2.5.1 Market Trends
  - 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
  - 10.2.6.1 Market Trends
  - 10.2.6.2 Market Forecast
- 10.2.7 Others
  - 10.2.7.1 Market Trends
  - 10.2.7.2 Market Forecast
10.3 Europe
- 10.3.1 Germany
  - 10.3.1.1 Market Trends
  - 10.3.1.2 Market Forecast
- 10.3.2 France
  - 10.3.2.1 Market Trends
  - 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
  - 10.3.3.1 Market Trends
  - 10.3.3.2 Market Forecast
- 10.3.4 Italy
  - 10.3.4.1 Market Trends
  - 10.3.4.2 Market Forecast
- 10.3.5 Spain
  - 10.3.5.1 Market Trends
  - 10.3.5.2 Market Forecast
- 10.3.6 Russia
  - 10.3.6.1 Market Trends
  - 10.3.6.2 Market Forecast
- 10.3.7 Others
  - 10.3.7.1 Market Trends
  - 10.3.7.2 Market Forecast
10.4 Latin America
- 10.4.1 Brazil
  - 10.4.1.1 Market Trends
  - 10.4.1.2 Market Forecast
- 10.4.2 Mexico
  - 10.4.2.1 Market Trends
  - 10.4.2.2 Market Forecast
- 10.4.3 Others
  - 10.4.3.1 Market Trends
  - 10.4.3.2 Market Forecast
10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast

11 Drivers, Restraints, and Opportunities

11.1 Overview
11.2 Drivers
11.3 Restraints
11.4 Opportunities

12 Value Chain Analysis

13 Porters Five Forces Analysis

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
- 15.3.1 4M Group
  - 15.3.1.1 Company Overview
  - 15.3.1.2 Product Portfolio
- 15.3.2 ACCA software S.p.A.
  - 15.3.2.1 Company Overview
  - 15.3.2.2 Product Portfolio
- 15.3.3 Ansys Inc.
  - 15.3.3.1 Company Overview
  - 15.3.3.2 Product Portfolio
  - 15.3.3.3 Financials
  - 15.3.3.4 SWOT Analysis
- 15.3.4 Autodesk Inc.
  - 15.3.4.1 Company Overview
  - 15.3.4.2 Product Portfolio
  - 15.3.4.3 Financials
  - 15.3.4.4 SWOT Analysis
- 15.3.5 AVEVA Group Plc
  - 15.3.5.1 Company Overview
  - 15.3.5.2 Product Portfolio
  - 15.3.5.3 Financials
- 15.3.6 Bentley Systems Incorporated
  - 15.3.6.1 Company Overview
  - 15.3.6.2 Product Portfolio
  - 15.3.6.3 Financials
- 15.3.7 Construsoft B.V.
  - 15.3.7.1 Company Overview
  - 15.3.7.2 Product Portfolio
- 15.3.8 CYPE Ingenieros S.A.
  - 15.3.8.1 Company Overview
  - 15.3.8.2 Product Portfolio
- 15.3.9 Esri India Technologies Private Limited
  - 15.3.9.1 Company Overview
  - 15.3.9.2 Product Portfolio
- 15.3.10 Hexagon AB
  - 15.3.10.1 Company Overview
  - 15.3.10.2 Product Portfolio
  - 15.3.10.3 Financials
  - 15.3.10.4 SWOT Analysis
- 15.3.11 Nemetschek SE
  - 15.3.11.1 Company Overview
  - 15.3.11.2 Product Portfolio
  - 15.3.11.3 Financials
- 15.3.12 Procore Technologies Inc.
  - 15.3.12.1 Company Overview
  - 15.3.12.2 Product Portfolio
  - 15.3.12.3 Financials

Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report

Product Code: SR112024A6647

List of Figures

Figure 1: Global: Architectural, Engineering, and Construction Market: Major Drivers and Challenges
Figure 2: Global: Architectural, Engineering, and Construction Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Architectural, Engineering, and Construction Market: Breakup by Product (in %), 2023
Figure 5: Global: Architectural, Engineering, and Construction Market: Breakup by Deployment Mode (in %), 2023
Figure 6: Global: Architectural, Engineering, and Construction Market: Breakup by Enterprise Size (in %), 2023
Figure 7: Global: Architectural, Engineering, and Construction Market: Breakup by End User (in %), 2023
Figure 8: Global: Architectural, Engineering, and Construction Market: Breakup by Region (in %), 2023
Figure 9: Global: Architectural, Engineering, and Construction (Software) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Architectural, Engineering, and Construction (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Architectural, Engineering, and Construction (Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Architectural, Engineering, and Construction (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Architectural, Engineering, and Construction (On-premises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Architectural, Engineering, and Construction (On-premises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Architectural, Engineering, and Construction (Cloud-based) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Architectural, Engineering, and Construction (Cloud-based) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Architectural, Engineering, and Construction (Small and Medium-sized Enterprises (SMEs)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Architectural, Engineering, and Construction (Small and Medium-sized Enterprises (SMEs)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Architectural, Engineering, and Construction (Large Enterprises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Architectural, Engineering, and Construction (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Architectural, Engineering, and Construction (Construction and Architecture Companies) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Architectural, Engineering, and Construction (Construction and Architecture Companies) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Architectural, Engineering, and Construction (Education) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Architectural, Engineering, and Construction (Education) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Architectural, Engineering, and Construction (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Architectural, Engineering, and Construction (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: North America: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: North America: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: United States: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: United States: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Canada: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Canada: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Asia-Pacific: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Asia-Pacific: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: China: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: China: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Japan: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Japan: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: India: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: India: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: South Korea: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: South Korea: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Australia: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Australia: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Indonesia: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Indonesia: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Others: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Others: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Europe: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Europe: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Germany: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Germany: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: France: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: France: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: United Kingdom: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: United Kingdom: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Italy: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Italy: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Spain: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Spain: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Russia: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Russia: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Others: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Others: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Latin America: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Latin America: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Brazil: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Brazil: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Mexico: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Mexico: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Others: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Others: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Middle East and Africa: Architectural, Engineering, and Construction Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Middle East and Africa: Architectural, Engineering, and Construction Market: Breakup by Country (in %), 2023
Figure 75: Middle East and Africa: Architectural, Engineering, and Construction Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Global: Architectural, Engineering, and Construction Industry: Drivers, Restraints, and Opportunities
Figure 77: Global: Architectural, Engineering, and Construction Industry: Value Chain Analysis
Figure 78: Global: Architectural, Engineering, and Construction Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Architectural, Engineering, and Construction Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Architectural, Engineering, and Construction Market Forecast: Breakup by Product (in Million US$), 2024-2032
Table 3: Global: Architectural, Engineering, and Construction Market Forecast: Breakup by Deployment Mode (in Million US$), 2024-2032
Table 4: Global: Architectural, Engineering, and Construction Market Forecast: Breakup by Enterprise Size (in Million US$), 2024-2032
Table 5: Global: Architectural, Engineering, and Construction Market Forecast: Breakup by End User (in Million US$), 2024-2032
Table 6: Global: Architectural, Engineering, and Construction Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Architectural, Engineering, and Construction Market: Competitive Structure
Table 8: Global: Architectural, Engineering, and Construction Market: Key Players