Key regions: Japan, South Korea, United States, Germany, France
The Construction and Design Software market in Australia & Oceania has been developing steadily in recent years.
Customer preferences: Customers in Australia & Oceania are increasingly looking for construction and design software that is easy to use, provides accurate cost estimates, and can integrate with other software tools. There is also a growing demand for software that can facilitate collaboration between different stakeholders in a construction project, such as architects, engineers, and builders.
Trends in the market: One trend in the Australian market is the increasing adoption of Building Information Modeling (BIM) software. This software allows for the creation of 3D models of buildings that can be used for design, construction, and maintenance purposes. BIM software is becoming increasingly popular in Australia due to its ability to improve collaboration and reduce errors in construction projects.Another trend in the Australian market is the growing use of cloud-based software solutions. These solutions allow for greater flexibility and accessibility, as users can access the software from anywhere with an internet connection. Cloud-based software is also often more cost-effective than traditional software solutions.
Local special circumstances: One factor that is unique to the Australian market is the country's harsh climate. This has led to a growing demand for software that can help architects and builders design buildings that are energy-efficient and can withstand extreme weather conditions.Another factor that is unique to the Australian market is the country's large mining industry. This has led to a demand for software that can help mining companies design and manage their infrastructure projects.
Underlying macroeconomic factors: The Australian economy has been growing steadily in recent years, which has led to an increase in construction activity. This has in turn driven demand for construction and design software.In conclusion, the Construction and Design Software market in Australia & Oceania is being driven by customer preferences for software that is easy to use, accurate, and can facilitate collaboration. Trends in the market include the adoption of BIM software and cloud-based solutions. Local special circumstances in the Australian market include the country's harsh climate and large mining industry. The underlying macroeconomic factors driving the market include steady economic growth and increased construction activity.
Data coverage:
The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).Modeling approach / Market size:
The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.Forecasts:
We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
