AEC Market Size, Share, and Growth Analysis

AEC Market By Component (Software, Services), By Deployment Mode (On-Premise, Cloud-Based), By Enterprise Size (SMEs, Large Enterprises), By Region -Industry Forecast 2025-2032


Report ID: SQMIG15F2196 | Region: Global | Published Date: January, 2025
Pages: 198 |Tables: 84 |Figures: 71

Format - word format excel data power point presentation

AEC Market Insights

Global AEC Market size was valued at USD 1.19 Billion in 2023 poised to grow from USD 1.27 Billion in 2024 to USD 2.21 Billion by 2032, growing at a CAGR of 7.12% in the forecast period (2025-2032).

Urbanization, improving infrastructure, and government funding to the construction industry are the main drivers expected to galvanize the growth of the global AEC market. In response to increasing imperatives for construction of more residential and commercial buildings due to increasing population and economic growth globally, governments are taking the initiative to start and finish various infrastructure projects, be it roads, bridges, or airports. Development opportunities in the AEC market are now associated with new construction technologies such as Availability of Building Information Modeling (BIM), Virtual Reality, Artificial Intelligence Application, and others.

Such technologies will increase productivity, cost efficiency, and quality construction in projects. Meanwhile, the country's economy and regulations resulted in a huge demand for green spaces and for green building practice, which is promoting more complete and healthier development. Among the latest innovations in the global AEC market are the use of modular buildings, the evolution of volumetric construction, and further displacement of site-based construction methods. All of these developments address the problems of cost reduction, quality improvement, and quicker and more efficient building. The AEC Industry is growing as a result of growing urbanization and the demand for effective and sustainable infrastructure.

Market snapshot - (2025-2032)

Global Market Size

USD 1.19 Billion

Largest Segment

Software

Fastest Growth

Services

Growth Rate

7.12% CAGR

Global AEC Market ($ Bn)
Country Share by North America (%)

To get more reports on the above market click here to Buy The Report

AEC Market Segments Analysis

The global AEC market is segmented based on component, deployment mode, enterprise size, and region. In terms of product, the market is divided into software and services. Based on the deployment mode, the market is bifurcated into on-premise and cloud-based. Based on enterprise size, the market is divided into SMEs and large enterprises. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Central & South America and the Middle East & Africa.

Analysis by Component

As per categorization by component, the market is classified as software and services. Among these, software earned the largest share and continues to hold the dominant global AEC market share. The global AEC market reveals great innovations on software components which include advanced building information modeling BIM application and project management tools among others AI-led design applications now revolutionizing the industry. Further, these software solutions improve collaboration by harmonizing workflows and increasing efficiencies in projects. Since software dominates the AEC market, it reduces costs and errors, optimizes resource management, and makes real-time decision-making available, making it imperative for modern construction projects to be successful and scalable.

The services segment in the global AEC market is poised to be the fastest growing segment due to increasing demand for integrated solutions that go beyond traditional construction. As time passes, with enhancement in technologies, AEC firms are focusing more on consulting, project management, and maintenance services for easy delivery of projects and maintenance. Also, as customers being exigent in requiring specialization for services like digitalization, sustainability consulting, and lifecycle management. These high-value, flexible services are important for the greatest driving factors for growth in this changing environment in which projects are becoming more complicated and more sustainable, as well as relying more heavily on technology.

Analysis by Deployment Mode

In the global AEC market, on-premise solutions are currently being innovated to provide enhanced security, control, and integration for large-scale projects. These kinds of techniques are delivered to procure the practice of retaining sensitive data within the precincts where large regulations impose restrictions on the sharing of the data, coupled with their ability to allow for very high customizations. On-premise tools for project management, CAD, BIM, and associated applications are critical in the ability to process and access data offline since they've got intensive construction activities in remote or very data-sensitive areas. It's basically as on-premises solutions provide the dependability and security it gives, as well as being scalable, thus providing an infrastructure that is indispensable for any critical AEC operation.

Cloud-based solutions are set to be the fastest-growing segment in the global AEC market due to their ability to streamline collaboration and provide real-time data access across teams, regardless of location. Seamless sharing of design files, project updates, and specifications within the cloud helps eliminate delays and errors. The cloud solution's scalability, flexibility, and cost-effectiveness are becoming more attractive to AEC firms at a time when there is increasing demand for more collaborative, remote, and data-driven workflows. While most companies today leverage digitization, cloud-enabled solutions would still be critical in achieving efficiency and innovation in construction projects.

Global AEC Market By Component (%)

To get detailed analysis on other segments, Request For Free Sample Report

AEC Market Regional Insights

North America dominates the global AEC market due to its advanced technological infrastructure, strong investment in smart cities, and rapid adoption of digital construction solutions. A stronghold of innovation, the region has seen the rapid adoption of Building Information Modeling (BIM), widespread use of cloud-based software, and AI-enabled project management tools as efficiency optimizing resources that drive down costs. In addition, the North American strong legal and regulatory standards, heavily developed infrastructure, and green building practices propel the region in its leadership in the AEC market. Fortifying the North American supremacy is indeed the maximum presence of major construction companies coupled with some ongoing large-scale urban development projects.

Europe is the fastest-growing region in the global AEC market, driven by a strong focus on sustainability, digitalization, and the adoption of smart building technologies. Countries of Europe spearhead green construction, laying down stringent regulations and providing incentives for green building practices: the further mooring of renewable energy infrastructure, smart cities, and digital construction tools such as Building Information Modeling (BIM) makes the market grow at a faster rate. An open collaborative approach, transnational research and development project process, sped up Europe's innovation and put it on the front line of the changing AEC environment.

Global AEC Market By Geography
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

AEC Market Dynamics

Drivers

Government Investments and Public-Private Partnerships

  • Government initiatives and public-private partnerships (PPP) are fueling the global AEC market growth. Besides, increased funding for large-scale projects such infrastructure like roads, bridges, or public buildings, supported by incentives for sustainable construction, has accelerated the market demand. It creates numerous jobs and stimulates innovation within the associated industries in establishing more critical, global infrastructure.

Sustainability and Green Building Initiatives

  • Emerging environmental consciousness and government regulations are indeed key drivers of demand for greener construction in the global AEC market. Modern construction would have to be green building certifications and energy-efficient designs, which necessitate the incorporation of renewable energy solutions into construction projects, thereby offering construction firms ample room to employ eco-friendly materials and technologies to meet regulatory and consumer demands.

Restraints

Regulatory and Compliance Challenges

  • The major hurdle faced by the global AEC market is due to the varied regulations and compliance requirements at the regional level. Complex building codes, zoning laws, and environmental regulations can cause delays and cost overruns in projects, forcing companies to maintain compliance, which ultimately proves time and effort consuming from the initial phases, affecting profitability and efficiency as a whole.

Supply Chain Disruptions

  • The global AEC market is sensitive to supply chain disruptions, at least for raw materials and construction equipment. Examples of global supply chain problems include shortages and fluctuation in prices that affect the timing of delivery, the efficiency of resources, project costs, and uncertain project timelines. This, in turn, disrupts construction schedules and adds to the already poor stability of the market.

Request Free Customization of this report to help us to meet your business objectives.

AEC Market Competitive Landscape

The global AEC market is extremely competitive, accelerated by technological innovations, sustainability demand, and mega construction projects. The players are developing integrated solutions such as BIM, artificial intelligence, and green materials to enable project efficiency. Major international players in this arena are Bechtel Corporation, Fluor Corporation, Vinci, Skanska, and AECOM. Their portfolio of services ranges from construction to design, engineering, and project management. Such organizations leverage state-of-the-art technology and skill to keep ahead in the market and boost growth.

Top Players in AEC Market

  • Bechtel Corporation (USA)
  • Fluor Corporation (USA)
  • Vinci (France)
  • Skanska (Sweden)
  • AECOM (USA)
  • China State Construction Engineering Corporation (CSCEC) (China)
  • Larsen & Toubro (India)
  • Balfour Beatty (UK)
  • Kiewit Corporation (USA)
  • Saint-Gobain (France)
  • Hochtief (Germany)
  • Jacobs Engineering (USA)
  • Ferrovial (Spain)
  • Nordic Construction Company (NCC) (Sweden)
  • Shaanxi Construction Engineering Group (China)

Recent Developments

  • In December 2024, Bechtel Corporation announced that it successfully handed over to its client a high-end infrastructure project in the Middle Eastern region. The company leveraged advanced BIM technology to streamline project execution, reduce construction time, and minimize costs. This development further strengthens Bechtel’s reputation for delivering large-scale, technologically advanced projects.
  • Vinci, in November 2024, revealed its partnership with the French government to develop sustainable urban housing in Paris. Smart building technologies and renewable energy sources are the ways through which Vinci intends to minimize the adverse environmental effects made through newly constructed housing projects. This is where Vinci's commitment to sustainable construction in cities stands.
  • In October 2024, Skanska expanded its presence in the North American market with the groundbreaking of a new green office complex in Toronto. Using eco-friendly materials and advanced energy efficiency designs, this requires Skanska's extending commitment to the sustainable construction practice in the urban region of their high demand.

AEC Key Market Trends

AEC Market SkyQuest Analysis

SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, the fast growth of the global AEC industry around the world is on account of rapid urbanization, increased government funding, and a growing demand for sustainable and technologically advanced construction methods. BIM and AI adoption in conjunction with automation are ensuring proper project delivery efficiency, the very future of the industry being developed through green buildings.

New software, services, and types of deployment are important for deregulating the market despite a few hurdles like onboard regulatory complexities and supply chain disruptions. Further enhancement in the development of smart infrastructure coupled with investments across different territories is still moving the AEC market forward in a sustainable, efficient, and resilient future.

Report Metric Details
Market size value in 2023 USD 1.19 Billion
Market size value in 2032 USD 2.21 Billion
Growth Rate 7.12%
Base year 2024
Forecast period (2025-2032)
Forecast Unit (Value) USD Billion
Segments covered
  • Component
    • Software and Services
  • Deployment Mode
    • On-Premise and Cloud-Based
  • Enterprise Size
    • SMEs and Large Enterprises
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Bechtel Corporation (USA)
  • Fluor Corporation (USA)
  • Vinci (France)
  • Skanska (Sweden)
  • AECOM (USA)
  • China State Construction Engineering Corporation (CSCEC) (China)
  • Larsen & Toubro (India)
  • Balfour Beatty (UK)
  • Kiewit Corporation (USA)
  • Saint-Gobain (France)
  • Hochtief (Germany)
  • Jacobs Engineering (USA)
  • Ferrovial (Spain)
  • Nordic Construction Company (NCC) (Sweden)
  • Shaanxi Construction Engineering Group (China)
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on AEC Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on AEC Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the AEC Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the AEC Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the AEC Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the AEC Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300
BUY NOW

REQUEST FOR SAMPLE

Want to customize this report? REQUEST FREE CUSTOMIZATION

FAQs

Global AEC Market size was valued at USD 1.19 Billion in 2023 poised to grow from USD 1.27 Billion in 2024 to USD 2.21 Billion by 2032, growing at a CAGR of 7.12% in the forecast period (2025-2032).

The global AEC market is extremely competitive, accelerated by technological innovations, sustainability demand, and mega construction projects. The players are developing integrated solutions such as BIM, artificial intelligence, and green materials to enable project efficiency. Major international players in this arena are Bechtel Corporation, Fluor Corporation, Vinci, Skanska, and AECOM. Their portfolio of services ranges from construction to design, engineering, and project management. Such organizations leverage state-of-the-art technology and skill to keep ahead in the market and boost growth. 'Bechtel Corporation (USA)', 'Fluor Corporation (USA)', 'Vinci (France)', 'Skanska (Sweden)', 'AECOM (USA)', 'China State Construction Engineering Corporation (CSCEC) (China)', 'Larsen & Toubro (India)', 'Balfour Beatty (UK)', 'Kiewit Corporation (USA)', 'Saint-Gobain (France)', 'Hochtief (Germany)', 'Jacobs Engineering (USA)', 'Ferrovial (Spain)', 'Nordic Construction Company (NCC) (Sweden)', 'Shaanxi Construction Engineering Group (China)'

Government initiatives and public-private partnerships (PPP) are fueling the global AEC market growth. Besides, increased funding for large-scale projects such infrastructure like roads, bridges, or public buildings, supported by incentives for sustainable construction, has accelerated the market demand. It creates numerous jobs and stimulates innovation within the associated industries in establishing more critical, global infrastructure.

Integration of AI and Automation in Construction: The global AEC market is finding its way toward AI and automation technologies. These technologies really promise to streamline design, project management, and construction processes as well as improve efficiency and avoid human errors and boost productivity. Automation, such as material handling and machine learning for predictive maintenance, is changing the face of the industry.

North America dominates the global AEC market due to its advanced technological infrastructure, strong investment in smart cities, and rapid adoption of digital construction solutions. A stronghold of innovation, the region has seen the rapid adoption of Building Information Modeling (BIM), widespread use of cloud-based software, and AI-enabled project management tools as efficiency optimizing resources that drive down costs. In addition, the North American strong legal and regulatory standards, heavily developed infrastructure, and green building practices propel the region in its leadership in the AEC market. Fortifying the North American supremacy is indeed the maximum presence of major construction companies coupled with some ongoing large-scale urban development projects.

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

AEC Market

Report ID: SQMIG15F2196

[email protected]
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE