Construction Software-as-a-Service Market Share

Construction Software-as-a-Service Market Share

Oracle, Autodesk Inc., and Procore Technologies, Inc. held a significant market share of over 12% in 2023. Oracle integrates AI, machine learning, and predictive analytics into its cloud-based construction management platform, Oracle Aconex. By offering end-to-end solutions that streamline construction workflows from design to delivery, the company aims to enhance project collaboration, reduce costs, and improve decision-making. To drive adoption, Oracle is expanding its global reach through strategic partnerships and acquisitions.
 

Autodesk leverages its Construction Cloud to provide integrated workflows for project management, design collaboration, and field execution. The company focuses on automation, data-driven insights, and building information modelling (BIM) to boost efficiency across construction projects. Autodesk expands through acquisitions like PlanGrid and Building Connected while enhancing integrations with other software to create a comprehensive construction ecosystem.
 

Procore offers a unified platform that connects project teams throughout the construction lifecycle. Its strategy includes expanding its product suite to cover preconstruction, project management, and financials, while integrating third-party solutions for added flexibility. With significant investments in AI and data analytics, Procore aims to optimize workflows and enhance project visibility. Strategic partnerships and international expansion drive its market growth.
 

Construction Software-as-a-Service Market Companies

Major players operating in the construction software-as-a-service industry are:

• Oracle
• Autodesk Inc.
• Procore Technologies, Inc.
• Sage Group plc
• Trimble
• Bentley Systems
• Jonas Construction Software Inc.
• Buildertrend
• Heavy Construction Systems Specialists, Inc. (HCSS)
• Newforma