TechNavio today launched its report Architecture, Engineering, and Construction Software and Services Market in the APAC Region 2011-2015 based on an in-depth study exclusively focusing on the APAC region. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”The increased adoption of the cloud-based model is one of the major trends in the Architecture, Engineering, and Construction (AEC) Software and Services market in the APAC region. The availability of AEC software on the cloud increases its adoption because end-users can take advantage of round-the-clock access to their software, and are also not bound by location constraints. Many AEC vendors have also started offering mobile-based AEC applications. The increasing adoption of smartphones for enterprise applications is one of the main reasons for the growth of mobile-based AEC applications. Several AEC software vendors are developing various useful applications for iOS and Android to allow users to access their services through smartphones.”
According to the report, the increasing need for transparency in construction projects is one of the major drivers in the AEC Software and Services market in the APAC region. AEC software is being widely used in various complex construction projects. AEC software provides effective transparency among stakeholders in the project value chain such as designers and engineers, investors, and suppliers. AEC software allows each participant to look into any aspect of the project in real time at any stage. In addition, AEC software also helps end-users to estimate the final project cost.
Further, the report also discusses that the high cost of licenses and maintenance is one of the major challenges facing the AEC Software and Services market in the APAC region.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. For further information on this report, please visit http://goo.gl/OMyt7
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Engineering, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Report – Architecture, Engineering, and Construction Software and Services Market in the APAC Region 2011-2015
