Top 10 Construction and Real Estate Software Vendors and Market Forecast 2017-2022

Worldwide Construction and Real Estate Applications Market to reach $8.8 billion by 2022, compared with $8.5 billion in 2017 at a compound annual growth rate of 0.3%.

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In 2017, the top 10 Construction and Real Estate software vendors accounted for nearly 46% of the global Construction and Real Estate applications market which grew 3.3% to approach nearly $8.5 billion in license, maintenance and subscription revenues.

Oracle was the market leader with 8% market share in license, maintenance and subscription revenue, followed by RealPage, Microsoft, Yardi and Intuit.

Exhibit 1 - 2017 Construction and Real Estate Applications Market Shares Split By Top 10 Construction and Real Estate Vendors and Others, %
Exhibit 1 – 2017 Construction and Real Estate Applications Market Shares Split By Top 10 Construction and Real Estate Vendors and Others, %

Through our forecast period, the Construction and Real Estate applications market is expected to reach $8.8 billion by 2022, compared with $8.5 billion in 2017 at a compound annual growth rate of 0.3%.

Exhibit 2: Worldwide Construction and Real Estate Software Market 2017-2022 Forecast, $M
Year 2017 2022 2017-2022 CAGR, %
Total 8518 8839 0.3%

Source: Apps Run The World, January 2019

Top 10 Construction and Real Estate Software vendors

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.

Here are the rankings of the top 10 Construction and Real Estate software vendors in 2017 and their market shares.

Rank Vendor 2016 Construction and Real Estate Apps Revenues, $M 2017 Construction and Real Estate Apps Revenues, $M YoY Growth 2017 Construction and Real Estate Market Share, % Recent Developments
1 Oracle Subscribe Subscribe 3.4% Subscribe Oracle has signed more than 22,000 Cloud ERP customers including many listed below. The number of Oracle Cloud ERP customers totals nearly 6,000 for Oracle ERP Cloud and 16,000 for NetSuite. Each quarter Oracle is migrating at least 200 customers of its on-premise ERP systems like E-Business Suite to the Cloud.
2 RealPage Subscribe Subscribe 18.8% Subscribe Targeting 62 million rental units for its real-estate management apps and $1B in revenues by 2020.
3 Microsoft Subscribe Subscribe 1.1% Subscribe Migrating legacy AX, C5, GP, NAV, and SL to Dynamics 365 for the Cloud remains the top priority for Microsoft’s evolving enterprise apps strategy, whose success will depend on strengthening ties with ISV partners in strategic verticals.
4 Yardi Subscribe Subscribe 14.7% Subscribe Expanding into Digital Workspace market, Yardi acquired Phoenix Broadband for its Medusabusiness service platform for managing technology resources in a shared workspace.
5 Intuit Inc. Subscribe Subscribe 14.1% Subscribe QuickBooks Online subscribers now top 3.6 million(including many listed below), up from 1.6 million in 2016. Meanwhile, Intuit strengthened working capital management and payment offerings for SMBs, along with same-day payroll processing.
6 SAP Subscribe Subscribe 6.4% Subscribe SAP was on track to sign more than 10,000 customers including many listed below for its next-generation ERP S/4HANA by end of 2018 with 40% of the latest additions being considered net new wins for the vendor.
7 Constellation Software Inc. Subscribe Subscribe 16.7% Subscribe For its latest nine-month period, CSI saw 24% growth in total revenues mostly through acquisitions. Organic growth was in low single digit.
8 Sage Subscribe Subscribe 20.9% Subscribe Sage aims to drive ERP growth through Business Cloud Enterprise Management(version 12 is the latest) for large enterprises to run a robust framework for improving workflow, enhanced insights and efficiency gains such as automating tax declarative processes. That is being supported by Intacct for midmarket Cloud ERP apps and Sage People for HCM and talent management.
9 Siemens PLM Software Subscribe Subscribe 6.3% Subscribe Simens acquired COMSA Computer und Software GmbH, a Munich-based firm that develops electrical systems design and wire harness engineering apps.
10 Bentley Systems Inc. Subscribe Subscribe 4.5% Subscribe Bentley acquired ACE enterprise Slovakia for Enterprise Software Interoperability that interfaces with ERP, enterprise asset management, and geographical information systems.
Subtotal Subscribe Subscribe 10.0% Subscribe
Other Subscribe Subscribe -1.7% Subscribe
Total Subscribe Subscribe 3.3% Subscribe

Source: Apps Run The World, January, 2019

Custom data cuts related to the Construction and Real Estate Applications market are available:

  • Top 700+ Construction and Real Estate Applications Vendors and Market Forecast 2017-2022
  • 2017 Construction and Real Estate Applications Market By Functional Market (16 Markets)
  • 2017 Construction and Real Estate Applications Market By Country (USA + 45 countries)
  • 2017 Construction and Real Estate Applications Market By Region (Americas, EMEA, APAC)
  • 2017 Construction and Real Estate Applications Market By Revenue Type (License, Services, Hardware, Support and Maintenance, Cloud)
  • 2017 Construction and Real Estate Applications Market By Customer Size (revenue, employee count, asset)
  • 2017 Construction and Real Estate Applications Market By Channel (Direct vs Direct)
  • 2017 Construction and Real Estate Applications Market By Product

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 2017-2022, By Vertical Industry, $M
Exhibit 4 – Worldwide Enterprise Applications Market Forecast 2017-2022, 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.

Customer Industry Empl. Revenue Country Vendor New Product Function
Burns & McDonnell Construction and Real Estate 6000 $2.70B United States Aconex Aconex Connected BIM Collaboration Platform For Construction
Farrans Construction Construction and Real Estate 980 $375.0M United Kingdom Aconex Aconex Connected BIM Collaboration Platform For Construction
OBRAINSA Construction and Real Estate 1500 $500.0M Peru Aconex Aconex | Online Project Management Construction Project Management Software
SHBC Construction and Real Estate 1500 $350.0M Kuwait Aconex Aconex | Online Project Management Construction Project Management Software
Orion Marine Group Construction and Real Estate 1200 $466.0M United States ADP ADP Vantage HCM Human Capital Management
Stanley Steemer Construction and Real Estate 2300 $600.0M United States ADP ADP Vantage HCM Human Capital Management
Zyscovich Architects Construction and Real Estate 120 $20.0M United States ADP ADP Workforce Now Human Capital Management
Redfin Construction and Real Estate 1800 $200.0M United States Atlassian JIRA Software Issue & Project Tracking for Software Teams
Balfour Beatty Construction US Construction and Real Estate 2400 $3.90B United States Autodesk Autodesk Constructware Construction Project Management Software
Max Bögl Construction and Real Estate 6000 $1.77B Germany Autodesk Autodesk BIM Building Information Modeling & Construction Collaboration Software
NCC Construction and Real Estate 18000 $7.20B Sweden Autodesk Autodesk BIM Building Information Modeling & Construction Collaboration Software
Sobeys Construction and Real Estate 125000 $18.66B Canada Axios Systems Assyst ITSM Solution IT Service Management
Aegide-Domitys Construction and Real Estate 2300 $398.0M France Cegid Cegid Talent Management Solution Cegid Talent Management Solution
Power Construction Construction and Real Estate 600 $1.00B United States Ceridian Dayforce HCM Human Capital Management
Fletcher Building Construction and Real Estate 18800 $8.41B New Zealand Cornerstone OnDemand Cornerstone Learning Suite Learning Management System
Caterpillar Construction and Real Estate 98400 $45.46B United States Coupa Software Coupa Procurement Procurement
Forest City Construction and Real Estate 2800 $1.30B United States Coupa Software Coupa Procurement Procurement
Bouygues Construction Construction and Real Estate 116000 $35.54B France Dassault Systemes 3DEXPERIENCE Platform Project Portfolio Management
Cracknell Limited Construction and Real Estate 230 $45.0M United Arab Emirates Deltek Deltek ERP Project ERP Solution
DPS Group Global Construction and Real Estate 1200 $300.0M Ireland Deltek Deltek ERP Project ERP Solution
Mace Construction and Real Estate 4446 $2.33B United Kingdom Deltek Deltek Cobra Project Portfolio Management
Havelock AHI Construction and Real Estate 800 $500.0M Bahrain Epicor Epicor ERP Enterprise Resource Planning
QuadReal Construction and Real Estate 1000 $13.69B Canada IBM IBM Cognos Analytics Analytics and BI
QuadReal Construction and Real Estate 1000 $13.69B Canada IBM IBM Maximo IoT Based Enterprise Asset Management
Fraser Property Australia Construction and Real Estate 700 $1.64B Australia IBM IBM Planning Analytics Enterprise Performance Management
Wacker Neuson Construction and Real Estate 4632 $1.38B United States IBM IBM Sterling Order Management Order Management Software
Waterfront Toronto Construction and Real Estate 65 $20.0M Canada IBM IBM Connections Cloud Email & Social Collaboration Software
Waterfront Toronto Construction and Real Estate 65 $20.0M Canada IBM IBM Web Content Manager Web Content Management
Danube Home Construction and Real Estate 2200 $520.0M United Arab Emirates Infor Infor Supply Chain Execution Supply Chain Management
Cosmoplas S.A. Construction and Real Estate 320 $100.0M Chile Infor Infor Supply Chain Execution Supply Chain Management
Mission Rock Residential Construction and Real Estate 500 $80.0M United States ION Investment Group Reval Cloud Platform Treasury and Risk Management
Duratex Construction and Real Estate 12000 $2.00B Brazil JDA Software Group JDA Supply Chain Software Supply Chain Management
American Woodmark Construction and Real Estate 6600 $947.0M United States Kronos Kronos Workforce Central Human Capital Management, Workforce Management
Fletcher Building Construction and Real Estate 18800 $8.41B New Zealand Kronos Kronos Workforce Central Human Capital Management, Workforce Management
Bedrosians Tile and Stone Construction and Real Estate 300 $75.0M United States Manhattan Associates Manhattan SCALE Warehouse Management System
CORE Construction Construction and Real Estate 1200 $900.0M United States Microsoft Microsoft Project Server Project Portfolio Management
PulteGroup Construction and Real Estate 4542 $6.28B United States Microsoft Microsoft Office 365 Content Management
American Concrete Institute Construction and Real Estate 250 $30.0M United States Microsoft Microsoft Dynamics GP Enterprise Resource Planning
British Land PLC Construction and Real Estate 650 $639.0M United Kingdom Microsoft Microsoft Dynamics 365 for Finance and Operations Enterprise Resource Planning
British Land PLC Construction and Real Estate 650 $639.0M United Kingdom Microsoft Microsoft Office 365 Content Management
First Team Real Estate Construction and Real Estate 2000 $450.0M United States Microsoft Microsoft Dynamics GP Enterprise Resource Planning
LRES Corporation Construction and Real Estate 202 $34.0M United States Microsoft Microsoft Dynamics GP Enterprise Resource Planning
O’Connor Construction and Real Estate 200 $20.0M United States Microsoft Microsoft Dynamics GP Enterprise Resource Planning
Star One Realtors Construction and Real Estate 270 $20.0M United States Microsoft Microsoft Dynamics GP Enterprise Resource Planning
VM Matériaux Construction and Real Estate 2700 $650.0M France Microsoft Microsoft Dynamics CRM Customer Relationship Management
Wiginton Fire Systems Construction and Real Estate 250 $20.0M United States Microsoft Microsoft Dynamics GP Enterprise Resource Planning
Lindemann Chimney Co. Construction and Real Estate 130 $15.0M United States NetSuite NetSuite OneWorld Enterprise Resource Planning
Lindemann Chimney Co. Construction and Real Estate 130 $15.0M United States NetSuite NetSuite SuiteCommerce eCommerce
Arcadis Construction and Real Estate 27000 $3.40B Netherlands Oracle Oracle HCM Cloud Human Capital Management
Arcadis Construction and Real Estate 27000 $3.40B Netherlands Oracle Oracle Analytics Cloud Analytics and BI
Arcadis Construction and Real Estate 27000 $3.40B Netherlands Oracle Oracle ERP Cloud Enterprise Resource Planning
Arcadis Construction and Real Estate 27000 $3.40B Netherlands Oracle Oracle Sales Cloud Sales Automation
Cordoba Corporation Construction and Real Estate 260 $30.0M United States Oracle Primavera P6 Enterprise Project Portfolio Management Project Portfolio Management
Bukhatir Group Construction and Real Estate 5000 $820.0M United Arab Emirates Oracle Oracle EPM Cloud Enterprise Performance Management
CEMEX S.A.B. de C.V. Construction and Real Estate 44000 $13.07B Mexico Oracle Oracle HCM Cloud Human Capital Management
CIMIC Group Limited Construction and Real Estate 23000 $16.22B Australia Oracle Oracle HCM Cloud Human Capital Management
Overhead Door Corporation Construction and Real Estate 1000 $100.0M United States Oracle Oracle HCM Cloud Human Capital Management
Pella Construction and Real Estate 6000 $2.30B United States Oracle Oracle HCM Cloud Human Capital Management
Rancon Group Construction and Real Estate 125 $20.0M United States Oracle Oracle ERP Cloud Enterprise Resource Planning
Rancon Group Construction and Real Estate 125 $20.0M United States Oracle Oracle Procurement Cloud Procurement
Swinerton Builders Construction and Real Estate 1500 $1.90B United States Oracle Primavera P6 Enterprise Project Portfolio Management Project Portfolio Management
Aggregate Industries Construction and Real Estate 4100 $400.0M United Kingdom Qlik QlikView Business Intelligence
Aggregate Industries Construction and Real Estate 4100 $400.0M United Kingdom Salesforce Salesforce CRM Customer Relationship Management
Stockland Construction and Real Estate 1440 $2.60B Australia Salesforce Salesforce Sales Cloud Customer Relationship Management
CBRE Construction and Real Estate 43831 $11.00B United States Salesforce Service Cloud Customer Service and Support
Centex Construction and Real Estate 3400 $8.28B United States Salesforce Service Cloud Customer Service and Support
DDR Construction and Real Estate 792 $1.03B United States Salesforce Service Cloud Customer Service and Support
Lennox International Construction and Real Estate 12400 $3.58B United States Salesforce Service Cloud Customer Service and Support
U.S. Green Building Council Construction and Real Estate 560 $110.0M United States Salesforce Service Cloud Customer Service and Support
Zillow Construction and Real Estate 3334 $1.08B United States Salesforce Salesforce CRM Customer Relationship Management
Aggregate Industries Construction and Real Estate 4100 $400.0M United Kingdom SAP SAP Ariba Source-to-Pay Procurement and Supply Chain Cloud
Apleona GmbH Construction and Real Estate 22000 $2.00B Germany SAP SAP SuccessFactors Employee Central Human Capital Management
DEUTZ Construction and Real Estate 3754 $1.48B Germany SAP SAP SuccessFactors Employee Central Human Capital Management
DEUTZ Construction and Real Estate 3754 $1.48B Germany SAP SAP S/4 HANA Enterprise Resource Planning
Pratt Industries Construction and Real Estate 4000 $825.0M United States SAP SAP Analytics Cloud Analytics Cloud
Stockland Construction and Real Estate 1440 $2.60B Australia SAP SAP S/4 HANA Enterprise Resource Planning
Stockland Construction and Real Estate 1440 $2.60B Australia SAP SAP SuccessFactors Employee Central Human Capital Management
Vectus Industries Limited Construction and Real Estate 1300 $75.0M India SAP SAP S/4 HANA Enterprise Resource Planning
AECOM Construction and Real Estate 100000 $17.99B United States SAP SAP SuccessFactors Talent Solutions Recruiting, Onboarding, Learning, Performance and Goals, Compensation, Succession and Development
Aggregate Industries Construction and Real Estate 4100 $400.0M United Kingdom SAP SAP ERP ECC 6.0 Enterprise Resource Planning
Apleona GmbH Construction and Real Estate 22000 $2.00B Germany SAP SAP SuccessFactors Recruiting Management Recruiting
Apleona GmbH Construction and Real Estate 22000 $2.00B Germany SAP SAP SuccessFactors Onboarding Onboarding
Apleona GmbH Construction and Real Estate 22000 $2.00B Germany SAP SAP SuccessFactors Performance & Goals Performance & Goals Management
Apleona GmbH Construction and Real Estate 22000 $2.00B Germany SAP SAP SuccessFactos Compensation Compensation Management
Apleona GmbH Construction and Real Estate 22000 $2.00B Germany SAP SAP SuccessFactors Succession & Development Solutions Succession & Development Management
Easa Saleh Al Gurg Group (ESAG) Construction and Real Estate 700 $1.50B United Arab Emirates SAP SAP Ariba Source-to-Pay Procurement and Supply Chain Cloud
Easa Saleh Al Gurg Group (ESAG) Construction and Real Estate 700 $1.50B United Arab Emirates SAP SAP S/4 HANA Enterprise Resource Planning
Easa Saleh Al Gurg Group (ESAG) Construction and Real Estate 700 $1.50B United Arab Emirates SAP SAP BusinessObjects Business Intelligence Software‎
Easa Saleh Al Gurg Group (ESAG) Construction and Real Estate 700 $1.50B United Arab Emirates SAP SAP Business Planning and Consolidation Enterprise Performance Management
Fraser Property Australia Construction and Real Estate 700 $1.64B Australia SAP SAP ERP ECC 6.0 Enterprise Resource Planning
Fraser Property Australia Construction and Real Estate 700 $1.64B Australia SAP SAP CRM Customer Relationship Management
Kiewit Construction and Real Estate 22000 $9.00B United States SAP SAP Portfolio and Project Management Project Portfolio Management
Pratt Industries Construction and Real Estate 4000 $825.0M United States SAP SAP Business Planning and Consolidation Enterprise Performance Management
Pratt Industries Construction and Real Estate 4000 $825.0M United States SAP SAP ERP ECC 6.0 Enterprise Resource Planning
PrimeSource Building Products Construction and Real Estate 1200 $500.0M United States SAP SAP Cloud for Customer Customer Relationship Management
SPX Construction and Real Estate 6000 $2.00B United States SAP SAP SuccessFactors Employee Central Human Capital Management
VELUX Construction and Real Estate 10200 $2.81B Denmark SAP SAP BusinessObjects Lumira Data Discovery & Visualization
Zillow Construction and Real Estate 3334 $1.08B United States SAP SAP Concur Travel & Expense
LafargeHolcim Construction and Real Estate 100000 $29.90B Switzerland ServiceNow ServiceNow PPM Project Portfolio Management
Blohm + Voss GmbH Construction and Real Estate 1600 $700.0M Germany Siemens PLM Software Siemens Teamcenter Product Lifecycle Management
China Precision Machinery Import-Export Construction and Real Estate 100 $10.0M China Siemens PLM Software Siemens Teamcenter Product Lifecycle Management
Ginkgo Residential Construction and Real Estate 200 $35.0M United States Ultimate Software UltiPro Human Capital Management
Taubman Centers Construction and Real Estate 615 $580.0M United States Ultimate Software UltiPro Human Capital Management
Aggregate Industries Construction and Real Estate 4100 $400.0M United Kingdom Workday Workday HCM Human Capital Management
VELUX Construction and Real Estate 10200 $2.81B Denmark Workday Workday HCM Human Capital Management
Zillow Construction and Real Estate 3334 $1.08B United States Workday Workday Financial Management Financial Management
Zillow Construction and Real Estate 3334 $1.08B United States Workday Workday HCM Human Capital Management
KeyBank Construction and Real Estate 18540 $6.30B United States Workiva Wdesk Enterprise Performance Management

Source: Apps Run The World, January 2019

Further Readings

An expanded version of this report covers the top 700+ 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.

More Enterprise Applications Research Findings

Based on the latest annual survey of 3,000+ enterprise software vendors, Apps Run The World is releasing a number of dedicated reports, which profile the world’s 500 largest Enterprise Applications Vendors (Apps Top 500) and the world’s 500 largest Cloud Applications Vendors (Cloud Top 500) ranked by their 2015-2017 product revenues.

Their 2017 results are being broken down, sorted and ranked across 16 functional areas (from Analytics to Treasury and Risk Management) and by 21 vertical industries(from Aerospace to Utility), as shown in our Taxonomy. Further breakdowns by subvertical, country, company size, etc. are available as custom data cuts per special request.

Research Methodology

Each year our global team of researchers conduct an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market. We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.

Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than one million records on the enterprise software landscape of over 100,000 organizations around the world.

The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.

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