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CIMdata Publishes AEC Market Overview Report


New Analysis of the Architecture, Engineering, and Construction (AEC) Market

Ann Arbor, MI, August 12, 2016 --(PR.com)-- CIMdata, Inc., the leading global PLM strategic management consulting and research firm announces the release of the 2016 AEC Market Overview Report. This is the first detailed analysis from CIMdata of the Architecture, Engineering, and Construction (AEC) market and represents an expansion of the CIMdata PLM Market Analysis Report Series. The 2016 AEC Market Overview Report includes discussions of trends in the market and how AEC solution providers are responding. The report documents CIMdata’s estimates for the global AEC market for the calendar year 2015, including 2015 revenue results and forecast revenues for 2016 through 2020.

The market for AEC as measured in U.S. dollars grew more slowly in 2015 compared to prior years, and growth in 2016 is likewise expected to be muted. This is a result of a combination of currency exchange rate fluctuations and changes in subscription models by certain AEC solution providers. CIMdata expects growth to rebound strongly starting in 2017, with particular growth in solutions for construction applications.

The level of PLM investment in the AEC market has historically been lower than for manufacturing, however technology and business trends are driving a convergence between AEC and manufacturing. A push toward interoperability and wider support for standards is beginning to break down the historical siloes among functional disciplines in AEC, and between AEC and manufacturing. New technology solutions are leveraging and extending the use of Building Information Modeling (BIM) data to support construction and facility operations. The AEC industry is adopting production techniques from manufacturing and expanding the use of configured and prefabricated modules. Taken together, these trends promise to help close the long-standing productivity gap between construction and manufacturing. New term subscription licensing models from solution providers are accelerating the adoption of technology in AEC by providing more flexible pricing schemes that fit the needs of project-based work.

“The AEC market saw a number of interesting changes in 2015,” states Ed Martin, CIMdata Practice Director for AEC and Manufacturing Convergence. “Although headline growth was below recent historical levels, there were several changes which bode well for the near future. Most providers are building out offerings for cloud services and mobile solutions, usually combined with term subscription licensing models. The industry is seeing strong growth in solutions that directly impact construction productivity, including construction management and virtual design and construction (VDC). The AEC market is also notable for the number of small and startup companies contributing to innovation in the industry.”

The report includes data detailing AEC historical revenue and forecasts, revenues by sub-segment, revenues by geography, and a split of software and services revenues. The report also includes market size estimates based on solution provider revenues for AEC software products and related services, market shares of AEC providers by various measurements, discussions of key technology trends and related solution providers, and other information related to AEC software providers. Leading AEC solution providers profiled include Aconex, Aspen Technology, Autodesk, AVEVA, Bentley Systems, Dassault Systèmes, Hexagon AB, Nemetschek Group, Oracle, Procore Technologies, RIB Software AG, SAP, Siemens PLM Software, Trimble Navigation, and Viewpoint Construction Software. The report includes charts that highlight these market leaders, focusing on total revenues, splits by software and services, sub-segment, and geography. Several smaller providers with notable solutions and innovations are also profiled briefly.

The CIMdata PLM Market Analysis Report Series is packaged as five modules covering the overall PLM market, and can be purchased as a set or purchased separately. Three segments are profiled in additional reports—the CAM Market Analysis Report, Simulation & Analysis Market Analysis Report, and now the AEC Market Overview Report. CIMdata PLM Community members receive discounts on the reports. Further details and pricing information about the report and Community Memberships are available at www.cimdata.com.

CIMdata is offering a reduced introductory price for the inaugural issue of the AEC Market Overview Report. This introductory offer is available from now through October 3, 2016. A discount for this report is also available for any customer that schedules an AEC related briefing with a CIMdata consultant.

About CIMdata

CIMdata, a leading independent worldwide firm, provides strategic management consulting to maximize an enterprise’s ability to design and deliver innovative products and services through the application of Product Lifecycle Management (PLM) solutions. Since its founding in 1983, CIMdata has delivered world-class knowledge, expertise, and best-practice methods on PLM solutions. These solutions incorporate both business processes and a wide-ranging set of PLM-enabling technologies.

CIMdata works with both industrial organizations and providers of technologies and services seeking competitive advantage in the global economy. In addition to consulting, CIMdata conducts research, provides PLM-focused subscription services, and produces several commercial publications. The company also provides industry education through PLM certificate programs, seminars, and conferences worldwide. CIMdata serves clients around the world from offices in North America, Europe, and Asia Pacific. To learn more about CIMdata’s services, visit our website at www.CIMdata.com, follow us on Twitter: http://twitter.com/CIMdataPLMNews, or contact CIMdata at: 3909 Research Park Drive, Ann Arbor, MI 48108, USA, Tel: +1 734.668.9922. Fax: +1 734.668.1957; or at Oogststraat 20, 6004 CV Weert, The Netherlands, Tel: +31 (0) 495.533.666.
Contact Information
CIMdata
Cheryl Peck
734-668-9922
Contact
www.cimdata.com

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