Market revenue in 2023 | USD 917.2 million |
Market revenue in 2030 | USD 1,708.4 million |
Growth rate | 9.3% (CAGR from 2023 to 2030) |
Largest segment | On-premise |
Fastest growing segment | Cloud |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Cloud, On-premise |
Key market players worldwide | Autodesk Inc, Oracle Corp, Microsoft Corp, Trimble Inc, Constellation Software Inc, SAP SE, Sage Group (The) PLC, Bentley Systems Inc Ordinary Shares - Class B, RIB Software |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to construction and design software market will help companies and investors design strategic landscapes.
On-premise was the largest segment with a revenue share of 51.54% in 2023. Horizon Databook has segmented the Middle East & Africa construction and design software market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
The rapid rollout of next-generation infrastructure is expected to drive the growth of the Middle East & Africa regional market over the forecast period. The governments of South Africa and other MEA countries are pursuing various initiatives to support domestic infrastructure development and boost the construction industry.
They are also investing aggressively in infrastructure development, development of new cities, promoting the real estate industry, building bypass routes, and constructing dams, thereby opening opportunities for the growth of the MEA construction and design software market over the forecast period.
Saudi Arabia’s Vision 2030 initiative, and subsequently, the aggressive investments the kingdom is making on large projects, such as NEOM, The Red Sea Project, and AMAALA, are opening opportunities for property buyers to own a property on the West Coast.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa construction and design software market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa construction and design software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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