Advance Segment has the Largest Share of Type in the South and Central America Architecture Software Market during 2021–2028

According to our latest study on “South and Central America Architecture Software Market Forecast to 2028 – COVID-19 Impact and Analysis – by software and end user” the market is projected to reach US$ 540.25 million by 2028 from US$ 200.06 million in 2021; it is expected to grow at a CAGR of 15.2% from 2021 to 2028. The report highlights trends prevailing in the market, and the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as rising demand of drawing and modelling solutions in project management and increase in number of infrastructure projects. However, high cost and less skilled professionals is hamper the market growth.

The market for South and Central America Architecture Software Market is segmented into software and end user. Based on software, the South and Central America Architecture Software Market is segmented into basic, advance and pro. In 2020, advance segment accounted for the highest share of the market in the forecasted period. Moreover the pro segment registered the highest CAGR during the forecast period. Companies offer architecture software in pro or professional versions, including a pricing model for professional use. This software type produces professional-quality designs and blueprints with easy-to-use “Smart Tools” available in the only pro version software license. Its compact, straightforward toolbox design provides quick and easy access to all tools necessary to create and build any premium design.

Corel Corporation, Autodesk Inc., Dassault Systems, Bluebeam, Inc., ProgeSOFT, Cadsoft, ActCAD, Trimble Inc., Chief Architect, Inc. Vectorworks, Inc., are among the leading companies in the South and Central America Architecture Software Market.

The market for South and Central America Architecture Software Market is segmented into software and end user. Based on software, the South and Central America Architecture Software Market is segmented into basic, advance, and pro. Based on end user the South and Central America Architecture Software Market is segmented into enterprises, institutions, and others. Geographically, the South and Central America Architecture Software Market is segmented into Brazil, Argentina, and Rest of South and Central America.

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