Construction Workflow Automation Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 to 2032
The Global Construction Workflow Automation Market was valued at USD 4.3 billion in 2023 and is projected to grow at a CAGR of 8.5% from 2024 to 2032. This growth is largely fueled by increasing investments in infrastructure development. As both government and private sectors intensify their focus on infrastructure projects—ranging from roads and bridges to airports and utilities—the complexity and scale of these projects have surged. Automation technologies play a pivotal role in efficiently managing these expansive projects, streamlining workflows, enhancing project coordination, and minimizing operational delays. With advanced tools, stakeholders can plan better, monitor in real-time, and execute precisely—essentials for managing the vast demands of significant infrastructure undertakings.
The overall construction workflow automation industry is classified based on component, deployment model, organization size, application, end-use, and region. The market, segmented by components, distinguishes between solutions and services. In 2023, the solution segment commanded over 65% of the market share. The surge in demand for tools that promote real-time collaboration and communication is propelling this segment's growth.
Such tools are vital for navigating the intricate interactions of modern construction. Advanced management solutions ensure teams collaborate seamlessly, irrespective of location. This connectivity not only addresses issues swiftly but also streamlines decision-making and bolsters project efficiency. Thus, the market's growth is driven by the demand for these robust communication solutions.
Divided into open loop and closed loop segments, the market anticipates the closed loop segment to generate around USD 6 billion in revenue by 2032. The growth of the cloud segment is attributed to the inherent scalability and flexibility of cloud solutions. These platforms empower construction firms to efficiently scale operations without hefty upfront infrastructure investments. Such scalability is crucial for managing large, resource-intensive projects. The combined advantages of adjustable resource scaling and remote accessibility significantly boost operational efficiency, spurring the adoption of cloud-based automation solutions.
In 2023, North America led the global construction workflow automation market with a 30% share. As the North American construction sector increasingly embraces innovations, there's a heightened demand for automation solutions that seamlessly integrate these advancements. Smart technologies, by facilitating real-time data collection and advanced analytics, significantly boost the efficiency and accuracy of construction projects. When integrated into automation solutions, these technologies not only streamline project management but also curtail operational costs and elevate productivity.
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The overall construction workflow automation industry is classified based on component, deployment model, organization size, application, end-use, and region. The market, segmented by components, distinguishes between solutions and services. In 2023, the solution segment commanded over 65% of the market share. The surge in demand for tools that promote real-time collaboration and communication is propelling this segment's growth.
Such tools are vital for navigating the intricate interactions of modern construction. Advanced management solutions ensure teams collaborate seamlessly, irrespective of location. This connectivity not only addresses issues swiftly but also streamlines decision-making and bolsters project efficiency. Thus, the market's growth is driven by the demand for these robust communication solutions.
Divided into open loop and closed loop segments, the market anticipates the closed loop segment to generate around USD 6 billion in revenue by 2032. The growth of the cloud segment is attributed to the inherent scalability and flexibility of cloud solutions. These platforms empower construction firms to efficiently scale operations without hefty upfront infrastructure investments. Such scalability is crucial for managing large, resource-intensive projects. The combined advantages of adjustable resource scaling and remote accessibility significantly boost operational efficiency, spurring the adoption of cloud-based automation solutions.
In 2023, North America led the global construction workflow automation market with a 30% share. As the North American construction sector increasingly embraces innovations, there's a heightened demand for automation solutions that seamlessly integrate these advancements. Smart technologies, by facilitating real-time data collection and advanced analytics, significantly boost the efficiency and accuracy of construction projects. When integrated into automation solutions, these technologies not only streamline project management but also curtail operational costs and elevate productivity.
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Report Content
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates & calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimation
1.3 Forecast model
1.4 Primary research and validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market scope & definition
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Industry 360° synopsis, 2021 - 2032
CHAPTER 3 INDUSTRY INSIGHTS
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Solution Providers
3.2.2 Services provider
3.2.3 Technology providers
3.2.4 End-user
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Cost-benefit analysis
3.5.1 Increased efficiency and productivity
3.5.2 Improved decision making
3.5.3 Enhanced collaboration
3.5.4 Reduced errors and waste
3.5.5 Improved safety
3.5.6 Enhanced sustainability
3.6 Case studies
3.7 Patent analysis
3.8 Key news and initiatives
3.9 Regulatory landscape
3.10 Impact forces
3.10.1 Growth drivers
3.10.1.1 Demand for efficiency and productivity in construction industry
3.10.1.2 Growing need for data-driven decision making
3.10.1.3 Rising adoption of digital technologies
3.10.1.4 Government initiatives and regulations related to infrastructure
3.10.2 Industry pitfalls & challenges
3.10.2.1 Data privacy and security concerns
3.10.2.2 Lack of skilled professionals
3.11 Growth potential analysis
3.12 Porter’s analysis
3.13 PESTEL analysis
CHAPTER 4 COMPETITIVE LANDSCAPE, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
CHAPTER 5 MARKET ESTIMATES & FORECAST, BY COMPONENT, 2021-2032 ($BN)
5.1 Key trends
5.2 Solution
5.2.1 Project management software
5.2.2 Building information modeling (BIM) tool
5.2.3 Field management solution
5.2.4 Document management system
5.2.5 Others
5.3 Services
5.3.1 Professional
5.3.2 Managed
CHAPTER 6 MARKET ESTIMATES & FORECAST, BY DEPLOYMENT MODEL, 2021-2032 ($BN)
6.1 Key trends
6.2 On-premises
6.3 Cloud
CHAPTER 7 MARKET ESTIMATES & FORECAST, BY ORGANIZATION SIZE, 2021-2032 ($BN)
7.1 Key trends
7.2 SME
7.3 Large organization
CHAPTER 8 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2032 ($BN)
8.1 Key trends
8.2 Project management
8.3 Design and planning
8.4 Construction management
8.5 Operations and maintenance
8.6 Others
CHAPTER 9 MARKET ESTIMATES & FORECAST, BY END-USER, 2021-2032 ($BN)
9.1 Key trends
9.2 General contractors
9.3 Subcontractors
9.4 Owners
9.5 Architects and engineers
9.6 Others
CHAPTER 10 MARKET ESTIMATES & FORECAST, BY REGION, 2021-2032 ($BN)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.3.7 Netherlands
10.3.8 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 ANZ
10.4.6 Southeast Asia
10.4.7 Rest of Asia Pacific
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.5.3 Argentina
10.5.4 Rest of LATAM
10.6 MEA
10.6.1 UAE
10.6.2 Saudi Arabia
10.6.3 South Africa
10.6.4 Rest of MEA
CHAPTER 11 COMPANY PROFILES
11.1 Autodesk
11.2 Bentley Systems
11.3 Bluebeam, Inc.
11.4 Buildertrend
11.5 CoConstruct
11.6 Contractor Foreman
11.7 eSUB Construction Software
11.8 Fieldwire
11.9 Foundation Software
11.10 Infor
11.11 Jonas Construction Software
11.12 Microsoft
11.13 Oracle
11.14 Procore
11.15 Raken
11.16 RIB Software SE
11.17 Sage
11.18 SAP SE
11.19 Triax Technologies
11.20 Trimble
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates & calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimation
1.3 Forecast model
1.4 Primary research and validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market scope & definition
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Industry 360° synopsis, 2021 - 2032
CHAPTER 3 INDUSTRY INSIGHTS
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Solution Providers
3.2.2 Services provider
3.2.3 Technology providers
3.2.4 End-user
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Cost-benefit analysis
3.5.1 Increased efficiency and productivity
3.5.2 Improved decision making
3.5.3 Enhanced collaboration
3.5.4 Reduced errors and waste
3.5.5 Improved safety
3.5.6 Enhanced sustainability
3.6 Case studies
3.7 Patent analysis
3.8 Key news and initiatives
3.9 Regulatory landscape
3.10 Impact forces
3.10.1 Growth drivers
3.10.1.1 Demand for efficiency and productivity in construction industry
3.10.1.2 Growing need for data-driven decision making
3.10.1.3 Rising adoption of digital technologies
3.10.1.4 Government initiatives and regulations related to infrastructure
3.10.2 Industry pitfalls & challenges
3.10.2.1 Data privacy and security concerns
3.10.2.2 Lack of skilled professionals
3.11 Growth potential analysis
3.12 Porter’s analysis
3.13 PESTEL analysis
CHAPTER 4 COMPETITIVE LANDSCAPE, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
CHAPTER 5 MARKET ESTIMATES & FORECAST, BY COMPONENT, 2021-2032 ($BN)
5.1 Key trends
5.2 Solution
5.2.1 Project management software
5.2.2 Building information modeling (BIM) tool
5.2.3 Field management solution
5.2.4 Document management system
5.2.5 Others
5.3 Services
5.3.1 Professional
5.3.2 Managed
CHAPTER 6 MARKET ESTIMATES & FORECAST, BY DEPLOYMENT MODEL, 2021-2032 ($BN)
6.1 Key trends
6.2 On-premises
6.3 Cloud
CHAPTER 7 MARKET ESTIMATES & FORECAST, BY ORGANIZATION SIZE, 2021-2032 ($BN)
7.1 Key trends
7.2 SME
7.3 Large organization
CHAPTER 8 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2032 ($BN)
8.1 Key trends
8.2 Project management
8.3 Design and planning
8.4 Construction management
8.5 Operations and maintenance
8.6 Others
CHAPTER 9 MARKET ESTIMATES & FORECAST, BY END-USER, 2021-2032 ($BN)
9.1 Key trends
9.2 General contractors
9.3 Subcontractors
9.4 Owners
9.5 Architects and engineers
9.6 Others
CHAPTER 10 MARKET ESTIMATES & FORECAST, BY REGION, 2021-2032 ($BN)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.3.7 Netherlands
10.3.8 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 ANZ
10.4.6 Southeast Asia
10.4.7 Rest of Asia Pacific
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.5.3 Argentina
10.5.4 Rest of LATAM
10.6 MEA
10.6.1 UAE
10.6.2 Saudi Arabia
10.6.3 South Africa
10.6.4 Rest of MEA
CHAPTER 11 COMPANY PROFILES
11.1 Autodesk
11.2 Bentley Systems
11.3 Bluebeam, Inc.
11.4 Buildertrend
11.5 CoConstruct
11.6 Contractor Foreman
11.7 eSUB Construction Software
11.8 Fieldwire
11.9 Foundation Software
11.10 Infor
11.11 Jonas Construction Software
11.12 Microsoft
11.13 Oracle
11.14 Procore
11.15 Raken
11.16 RIB Software SE
11.17 Sage
11.18 SAP SE
11.19 Triax Technologies
11.20 Trimble
