Global Construction Collaboration Solution Market: Size, Trends & Forecasts (2016-2020)
Scope of the Report
The report entitled “Global Construction Collaboration Solution Market: Size, Trends & Forecasts (2016-2020)”, provides analysis of the global construction collaboration solution market, with detailed analysis of market size and growth, market share and economic impact of the industry. The report also provides the analysis of the global construction market by value and by region.
The report includes the detailed regional analysis, covering market size and growth for the construction collaboration market for the following regions: Asia Pacific, America, Australia and New Zealand (ANZ) and Middle East and Africa (MEA).
Furthermore, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global construction collaboration market has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Aconex, think project!, Asite and e-Builder are some of the key players operating in the construction collaboration market, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.
Due to the factors like, growing opportunities in emerging markets, new funding mechanisms, new collaboration ways and evolving customer demands, the global construction industry is changing rapidly. A single construction project involves many participants, such as owner, project manager, architect, consultants, contractor, subcontractor and facility manager and effective flow of information between them is necessary for the successful completion of the project.
Collaboration in the construction industry is necessary as the construction projects have become complex with many different organizations working together throughout the project lifecycle, from planning, designing, construction to operations. The traditional methods for collaboration involved status quo, internal installed system and file sharing system, but these solutions do not facilitate a collaborative environment and do not address the challenges that the construction industry faces.
Construction collaboration solutions provide different participants involved in a project in the construction industry with a single platform to manage all their information and processes throughout the project lifecycle. Construction collaboration solutions provide support in the following construction activities: project information management, project process management, building information modeling, bid and tender process, etc.
The construction collaboration market has increased with a healthy growth rate over the years and is expected to increase further during the forecasted period (2016-2020). The construction collaboration market is supported by various growth drivers, such as increasing project complexity, increasing knowledge sharing from project to project, increasing SaaS market, network effect, increased mobility, etc. Yet, the market faces certain challenges, such as comparatively less IT spending in construction industry, use of different tools on the same project, speed and connectivity problem, lack of training, etc.
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