UDA Technologies was recently recognized as a 'Leading Company' in the 2021 Global Construction Estimating Software Market Rising Trends Report which was commissioned by Kennesaw State University and completed by Market Insights Reports. The report identifies competitive market companies and details their size, strategies, products, competencies, recent developments, and other attributes. Featured software within the report is segmented by product type, application, and region. This provides valuable market insights at global, regional, and company levels.
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Construction cost estimating software is designed for contractors to estimate construction project costs. Construction companies typically use cost estimating software to compute their project bid price which ultimately becomes part of a construction contract if they are awarded the bid. Architects, engineers, and construction managers may use cost estimating software to prepare estimates for purposes other than competitive bidding.
Based on the report, "The global Construction Estimating Software market is expected to attain a good growth rate based on understanding the opportunity available to tap the upcoming technologies and subsequent investment by key players in strengthening and upgrading their product portfolio, addressing client's requirements, and diversifying to maintain organic and inorganic growth."
UDA was first among fourteen software manufacturers including Viewpoint, WinEst, ProEST Estimating, Bluebeam, Inc., Buildsoft, PlanSwift, B2W Estimate, Clear Estimates, Estimate Master, PrioSoft Construction Software, HCSS, Sage Estimate, and Estimator 360.