Technavio Announces Top Six Vendors in the Global Architecture, Engineering and Construction Market from 2016 to 2020
By Business Wire News
By Business Wire News
Technavio has announced the top six leading vendors in their recentglobal architecture, engineering and construction market (AEC) report for 2016-2020. This research report also lists nine other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
The global AEC market is characterized by the presence of well-diversified international and regional vendors. The regional vendors provide AEC solutions with limited operational capabilities and at comparatively lower prices than international players. However, as international players are increasing their foothold in the market, regional vendors are finding it difficult to compete with them, especially with regard to quality features of AEC solutions.
According to Amrita Choudhury, a lead analyst at Technavio for enterprise application research, “The competition in the market will become intense with an increase in product extensions, technological innovations, and M&A. During the forecast period, international players will grow inorganically by acquiring regional players.”
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Autodesk was incorporated in California, US, in April 1982 and was reincorporated in Delaware, US, in May 1994. The company is headquartered in San Rafael, California, US. It is a multinational design software and services company that provides customers business solutions through technology, products, and services. It has customers in the architecture, engineering, construction, manufacturing, digital media, consumer, and entertainment industries worldwide. In 2015, Autodesk held a major share in the global AEC market. The company generated the majority of its revenue from EMEA, followed by the Americas and APAC.
AVEVA was established in 1967 and is headquartered in Cambridge, UK. The company, along with its subsidiaries, designs, develops, and markets engineering, design, and information management software.
The company operates through two segments – engineering and design systems and enterprise solutions. It provides a wide range of productivity software, enterprise solutions, and services for engineering contractors, plant owner operators, and marine industries. It serves numerous industries, including oil and gas, marine and offshore, power, chemicals, mining and minerals, and pulp and paper.
Bentley was established in 1984 and is headquartered in Exton, Pennsylvania, US. The company designs, develops, and markets software solutions for architects, engineers, geospatial professionals, constructors, and owners worldwide.
The company serves building, communications, government, mining and metals, power generation, process manufacturing, rail and transport, transportation, utilities, and wastewater industries. It has over 3,000 employees in 50 countries worldwide and has offices in the US, Ireland, and China. Bentley has a strong position in the field of AEC interoperability, which helps it maintain its market position. Bentley and Autodesk have agreed to make their AEC software solutions compatible with each other to gain a competitive advantage over other vendors.
Intergraph was established in 1969 and is headquartered in Huntsville, Alabama, US. The company designs, develops, and markets enterprise engineering software and geospatial solutions. It was formerly known as M&S Computing and was renamed Intergraph in 1980. It operates as a subsidiary of Hexagon.
The company offers enterprise engineering software for the design, construction, and operation of plants, offshore facilities, and ships. It also provides smart solutions for emergency response, utilities, transportation, and global challenges. It serves various industries such as chemical, consumer goods, marine, offshore and shipbuilding, metals and mining, nuclear and power generation, oil and gas, and pharmaceutical. The company has customers in over 100 countries, including the US, Canada, Mexico, Argentina, Brazil, France, Germany, the UK, Australia, China, and India.
Nemetschek was founded in 1963 and is headquartered in Munich, Germany. The company provides software solutions for the architecture, engineering, construction, media, and entertainment industries. Nemetschek is a leading AEC solution provider in Europe. The group is segmented into four business segments: design, build, manage, and media and entertainment. The design segment accounted for 80% of the group’s overall revenue in 2015. The brands under the design segment are Graphisoft, Vectorworks, Allplan, DDS, Frilo, Scia, Glaser, and Engineering.
Trimble was incorporated in 1981 and is headquartered in Sunnyvale, California, US. The company provides technology solutions that allow professional and field mobile workers to transform their work process. These solutions are used by architects, engineers, contractors, and owners, which helps in better designing, data sharing, collaboration, and reduces the cost involved and time. The company follows the M&A strategy to expand its business in the global AEC market. In 2014, it acquired Amtech, which provides MAYBIM, a 3-D BIM software.
Its solutions are used in many industries, including architecture, agricultural, civil engineering, construction, survey and land administration, geospatial, government, natural resources, transportation, and utility.
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Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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