Capital Program Management Software Statics And Market Size:
Capital Program Management Software Market is valued at USD 1106.49 Billion in 2018.
Capital Program Management Software Market expected to reach USD 1827.06 Billion by 2025.
Capital Program Management Software Market expected to grow with a CAGR of 8.74% over the forecast period.
77% of companies use project management software, and 87% of high-performing companies use project management software (source- wrike.com).
What is Capital Program Management Software?
Capital program management software refers capital planners, directors of design and construction, and project manager’s at large organizations to plan and manage the construction of new facilities as well as facility renovations. It helps managers with capital planning, budgeting and funding, bidding and procurement, tracking project costs, scheduling, project documentation and much more. Number of software companies provides their leading solution to some of the largest colleges and universities, cities and counties, and government. Capital program management software provides real estate and property management, space management, operations and maintenance, capital planning and project management, energy management, facility management software.
Global capital program management software market report covers prominent players like Procore, Contractor Foreman, PlanGrid, Raken, PASKR, Viewpoint, PM Vitals, CMIC Group, Traqspera, PMWeb, e-Builder, Trimble Inc., Oracle, and among others.
Regional Analysis –
North America accounted for the largest market share due to increasing transportation and utilities, energy and building construction making them most emerging economies in the world. There are around USD 18 trillion U.S. economy is dependent on a large network of infrastructure right from the roads, bridges to railways. Thereby, several North American construction companies are widely adopted the capital program management software to be able to view the overall construction management on job site or in remote locations. Additionally, presence of large IT infrastructure base in North America is providing well designed, highly efficient solutions mainly to the construction businesses that help them to increase the productivity as well as efficiency in their projects. Asia pacific is attributed to the significant growth during the forecast period. Investment in project management by organizations and adoption of this software in small and large size enterprises drives the growth of the capital program management software market in this region.
- Small and Medium Sized Enterprises (SMEs)
- Large Enterprises
By Regional & Country:
- North America
- Asia Pacific
- Southeast Asia
- Latin America
- The Middle East and Africa
- Rest of Middle East and Africa
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