Albany, NY -- (SBWIRE) -- 08/16/2017 -- AEC solutions include both software and services used for the construction of large and complex residential, industrial, and commercial buildings. The solution includes features such as designing, building, operations, and management. The end-users of AEC solutions include architects, engineers, and contractors. The adoption of AEC solutions is increasing because they help to reduce the capital and time spent on the construction of buildings. Also, factors such as government mandates and support to use AEC solutions in construction projects are driving the global AEC market.
The global architectural engineering and construction market to grow at a CAGR of 11.80% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global architectural engineering and construction market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of architectural engineering and construction software licenses and services.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Technavio's report, Global Architectural Engineering and Construction Market 2017-2021, 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.
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Key vendors
- Autodesk
- AVEVA
- Bentley Systems
- Nemetschek
- Trimble
Other prominent vendors
- 4M
- CadSoft EAGLE
- CYPE Ingenieros
- Dassault Systmes
- 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
Key questions answered in this report
- What will the market size be in 2021 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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