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Construction Accounting Software Market Share

Report ID: GMI5837
Published Date: May 2023
Report Format: PDF

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Construction Accounting Software Market Share

Some major players operating in the construction accounting software market are

Acclivity Group LLC
Chetu Inc
ConstructConnect, Inc.
Corecon Technologies Inc
Deltek Inc
e-Builder
Foundation Software LLC
FreshBooks USA Inc
Intuit Inc
Oracle Construction and Engineering
PENTA Construction Software
Sage Group Plc
Viewpoint Inc
Xero Ltd.

These players are focusing on strategic partnerships and new product launches & commercialization for market expansion. They are heavily investing in research, allowing them to introduce innovative products and garner maximum revenue in the market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of construction accounting software exceeded USD 1.5 billion in 2022 and will observe 5% CAGR from 2023-2032 due to the rising government initiatives for large commercial projects

Demand for cloud construction accounting software exceeded USD 1 billion in 2022 owing to the growing requirement for remote accessibility, scalability, and data security in construction companies

The solution segment recorded over 60% of the construction accounting software industry share in 2022 driven by the rising need for basic accounting functionalities in construction companies

Asia Pacific held over 20% share of the global construction accounting software sector in 2022 impelled by the rapid urbanization and infrastructure development in the region.

Acclivity Group LLC, Chetu Inc, ConstructConnect, Inc., Corecon Technologies Inc, Deltek Inc, e-Builder, Foundation Software LLC, FreshBooks USA Inc, Intuit Inc, Oracle Construction and Engineering, PENTA Construction Software, Sage Group Plc, Viewpoint Inc, and Xero Ltd.