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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the architectural engineering and construction solutions (AECS) market and it is poised to grow by USD 2.87 billion during 2020-2024, progressing at a CAGR of 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Autodesk Inc., Bentley Systems Inc., Dassault Systemes SE, Hexagon AB, Nemetschek SE, Newforma Inc., Odoo SA, Oracle Corp., Procore Technologies Inc., and Trimble Inc. are some of the major market participants. Although the growth of the global construction market will offer immense growth opportunities, challenges associated with open-source platforms will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. The growth of the global construction market has been instrumental in driving the growth of the market. However, the high cost of AEC software might hamper market growth. Architectural Engineering and Construction Solutions (AECS) Market 2020-2024: Segmentation Architectural Engineering and Construction Solutions (AECS) Market is segmented as below: To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40852 Related Reports on Industrials Include: Street Lighting Market by Technology and Geography - Forecast and Analysis 2020-2024: The street lighting market size has the potential to grow by USD 1.47 billion during 2020-2024, and the markets growth momentum will accelerate during the forecast period. Click and get a FREE sample report in minutes Mining Truck Market by Product and Geography - Forecast and Analysis 2020-2024: The mining truck market size has the potential to grow by USD 861.57 million during 2020-2024, and the markets growth momentum will accelerate during the forecast period. Click and get a FREE sample report in minutes Architectural Engineering and Construction Solutions (AECS) Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our architectural engineering and construction solutions (AECS) market report covers the following areas: This study identifies the increasing popularity of cloud-based AEC solutions as one of the prime reasons driving the architectural engineering and construction solutions (AECS) market growth during the next few years. Architectural Engineering and Construction Solutions (AECS) Market 2020-2024: Vendor Analysis We provide a detailed analysis of around 25 vendors operating in the Architectural Engineering and Construction Solutions (AECS) Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking. Our research reports on the Architectural Engineering and Construction Solutions (AECS) Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Architectural Engineering and Construction Solutions (AECS) Market 2020-2024: Key Highlights Table Of Contents : Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Product Market Segmentation by Deployment Customer landscape Geographic Landscape Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Answer: Global Architectural Engineering and Construction Solutions (AECS) Market 2020-2024 | Market Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio