The Europe architecture software market isexpected to reach US$ 2,960.23 million by 2028 fromUS$ 1,007.71 million in 2021; it is expected to grow at a CAGR of 16.6% from2021 to 2028.
As theworld's population grows, the need for new buildings, malls, and workplaces isalso rising. The initiatives such as smart cities and high-speed roadways arealso contributing to a surge in the number of construction projects. As aresult, key players use architecture software products to run these projectssmoothly and efficiently with improved construction efforts. Smart buildingsconnect appliances and buildings in various ways, allowing operators and thebuilding's environment to be controlled for optimal comfort. These forthcomingprojects are likely to encourage the use of engineering software such ascomputer-aided design (CAD); computer-aided manufacturing (CAM); buildinginformation modeling (BIM); and architecture, engineering, and construction(AEC); thereby boosting the growth of the architecture software market. Such a rapidrise in infrastructure projects is triggering the demand for architecturesoftware in various regions of the world, thereby driving the market for thissoftware.
With the new features and technologies, vendors can attractnew customers and expand their footprints in emerging markets. This factor islikely to drive the architecture software market. The Europe architecturesoftware market is expected to grow at a good CAGR during the forecast period.
Europe Architecture Software Market Revenue and Forecast to 2028 (US$ Million)
Europe Architecture Software Market Segmentation
The Europe architecture software market issegmented into software and end user. Based on software, the market is segmented into basic,advance, and pro. Based on end user, the market is segmented into enterprises, institutions, and others.Geographically, the Europe architecturesoftware market is segmented into France, Germany, the UK, Italy, Russia,and the Rest of Europe.
Europe Architecture Software Market Companies
CorelCorporation; Autodesk Inc.; Dassault Systèmes; Bluebeam, Inc.; ProgeSOFT;Cadsoft; ActCAD; Trimble Inc.; andVectorworks, Inc. are among the leading companies in the Europe architecturesoftware market.