Top 10 Construction and Real Estate Software Vendors and Market Forecast 2016-2021

In 2016, the top 10 Construction and Real Estate software vendors accounted for nearly 42% of the global Construction and Real Estate applications market which grew 3% to approach nearly $8.2 billion in license, maintenance and subscription revenues.

Through our forecast period, the Construction and Real Estate applications market is expected to reach $8.4 billion by 2021, compared with $8.2 billion in 2016 at a compound annual growth rate of 0.3%.

Exhibit 2: Worldwide Construction and Real Estate Software Market 2016-2021 Forecast, $M
Year	2016	2021	2016-2021 CAGR, %
Total	8246	8391	0.3%

Source: Apps Run The World, January 2018

Construction and Real Estate Market Definitions And Forecast Assumptions

Construction and Real Estate (Contracting and building of commercial, public, and residential structures, real estate management) – Bidding, cost estimates, Time Tracking, Homebuilder Software, Quantity Takeoff Software, Property Management, Financials, HR, Procurement

Consolidation wave among ISVs that specialize in construction will limit options for buyers. The latest is Oracle buying Textura for building information management. A robust rental market will help drive apps that better manage properties for landlords and REITs.

Top 10 Construction and Real Estate Software vendors

Here are the rankings of the top 10 Construction and Real Estate software vendors in 2016 and their market shares.

Rank	Vendor	2015 Construction and Real Estate Apps Revenues, $M	2016 Construction and Real Estate Apps Revenues, $M	2016 Construction and Real Estate Apps YoY Growth, %	2016 Construction and Real Estate Market Share, %	Recent Developments
1	RealPage	Subscribe	Subscribe	Subscribe	Subscribe	Real Page turns property management into a juggernaut in real-estate vertical.
2	Microsoft	Subscribe	Subscribe	Subscribe	Subscribe	Microsoft Dynamics 365 now covers both CRM and ERP functionality for multiple verticals.
3	Oracle	Subscribe	Subscribe	Subscribe	Subscribe	Oracle readies to extend Textura into adjacent verticals.
4	Intuit Inc.	Subscribe	Subscribe	Subscribe	Subscribe	Intuit has sharpened its focus on QuickBooks after divesting noncore products.
5	Yardi	Subscribe	Subscribe	Subscribe	Subscribe	Yardi has erased Real Page’s lead with innovative push into renter communications.
6	SAP	Subscribe	Subscribe	Subscribe	Subscribe	SAP has signed more than 6,900 customers for its next-generation ERP suite S/4 HANA as of October 2017.
7	Trimble	Subscribe	Subscribe	Subscribe	Subscribe	Acquired Network Mapping Group for 3D asset management solutions.
8	CDK Global	Subscribe	Subscribe	Subscribe	Subscribe	Former ADP Dealer has become a major software vendor for car retailing with Dealer Management Systems and marketing automation applications for other verticals.
9	Constellation Software Inc.	Subscribe	Subscribe	Subscribe	Subscribe	Constellation Software becomes industry-specific solution powerhouse with its blend of ERP and business management applications.
10	Sage	Subscribe	Subscribe	Subscribe	Subscribe	Sage targets Cloud growth, Timberline now Sage 300 CRE
	Subtotal	Subscribe	Subscribe	Subscribe	Subscribe
	Other	Subscribe	Subscribe	Subscribe	Subscribe
	Total	Subscribe	Subscribe	Subscribe	Subscribe

Source: Apps Run The World, January, 2018

Exhibit 4 shows our projections for the enterprise applications market by vertical segment, based on the buying preferences and the customer propensity to invest in new software within those industries as they continue to upgrade and replace many legacy industry-specific applications that have been identified and tracked in our Buyer Insight Database.

Exhibit 4: Worldwide Enterprise Applications Market Forecast 2016-2021, By Vertical Industry, $M

Construction and Real Estate Software Purchases Win/Loss Analysis As Part Of Enterprise Applications Buyer Insight Customer Database

On the buyer side, customers are investing in Construction and Real Estate applications based on new features and capabilities that are expected to replace their existing legacy systems. In many cases, competitive upgrades and replacements that could have a profound impact on future market-share changes will become more widespread.

Since 2010, our global team of researchers have been studying the patterns of the latest Construction and Real Estate software purchases by customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.

Updated continuously, our database features extensive win/loss analysis. Each year our research team identifies tens of thousands of these Construction and Real Estate customer wins and losses from public and proprietary sources.

The research results are being incorporated into regular updates in our Enterprise Applications Buyer Insight Customer Database. You can access the Quarterly Win/Loss Analysis Scoreboard and our Enterprise Applications Buyer Insight Customer Database by becoming a subscriber.

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Further Readings

An expanded version of this report covers the top 500+ Construction and Real Estate Software Vendors, offering in-depth analysis of the market dynamics, vendors’ Strengths, Customers, Opportunities, Risks and Ecosystems as well as their ability to gain Shares(SCORES) within their respective space. We also offer win-loss analysis of the quarterly wins of these top vendors and whether incumbents and upstarts pose any real threat to their standing amid shifting market requirements and user preferences.