Global Architectural, Engineering and Construction (AEC) Market Report and Forecast 2025-2034

The architectural, engineering and construction (AEC) market, as described by the International Trade Administration, covers a range of services related to the planning and construction of both commercial and residential projects. These endeavours typically involve professionals specialising in design and construction and often entail substantial investments that can amount to billions of dollars.

As per the architectural, engineering and construction (AEC) market study, the demand worldwide is predominantly shaped by four main factors: fluctuations in petroleum prices, political instability or risk, population growth, and the ongoing trend of urbanisation. Furthermore, various other factors contribute to the demand for these services, including economic growth, corporate profits, prevailing interest rates, government spending, the shift towards outsourcing and privatisation, and environmental concerns such as the push for sustainable or eco-friendly buildings.

In 2022, the monetary worth of new construction projects in Great Britain surged by 15.8% to a historic peak of £132,989 million, and the count of construction industry workers (excluding self-employed individuals) reached a total of 1.4 million employees, according to Office of National Statistics.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Key Trends and Developments

Global Architectural, Engineering and Construction (AEC) Market Trends

As the need for energy rises, the AEC industry develops power plants for efficient and sustainable electricity production, incorporating renewables like solar and wind, as well as traditional sources such as coal and natural gas. It provides reliable and eco-friendly energy and supports industrial, commercial, and residential growth. This is driving the architectural, engineering and construction market growth.

As urbanisation speeds up, the demand for housing, offices, and retail areas increases. The architectural, engineering and construction market plays a critical role in designing and constructing these spaces, ensuring they are functional, visually appealing, and environmentally conscious. By delivering top-notch living and working environments, AEC enhances community welfare and drives economic expansion.

Market Segmentation

Software segment enhances the global architectural, engineering and construction (AEC) market by facilitating the delivery of superior building and infrastructure projects

Construction project management software streamlines building firms' ability to monitor and enhance project progress, encompassing design, coordination, and execution. It aims to modernise workflows, ensuring timely project completion within scope.

Architecture services are utilised to elevate various stages of the design and construction process, including Schematic Design, Design Development, Construction Documents, Bidding, and Construction Observation.

Cloud-based deployment is propelling the global architectural, engineering and construction (AEC) market growth by offering cost-efficiency and flexibility

Cloud computing offers enhanced flexibility, reliability, performance, and efficiency while reducing IT expenses. It fosters innovation in architecture, construction, and engineering.

Key market players offer on-premises software to optimise workflows and productivity in the residential, construction, and agriculture sectors. The economic benefits of on-premises solutions further drive their adoption in the AEC industry.

Small and medium-sized enterprises (SMEs) lead the global architectural, engineering and construction (AEC) market share, driven by growing infrastructure projects

As per the World Bank, SMEs constitute most businesses globally and play a significant role in job creation and economic growth. They comprise approximately 90% of businesses and over 50% of global employment, thereby contributing to the architectural, engineering, and construction (AEC) market development.

Large-scale industries significantly drive the architectural, engineering, and construction (AEC) market growth due to their extensive architectural development, construction, and engineering needs.

The demand for the architectural, engineering, and construction (AEC) is being accelerated by the advancements and expansion in infrastructure development, fuelled by construction and architecture innovation

Architecture is crucial in shaping identity and space. Buildings reflect culture, values, and history, fostering community connections. Construction is pivotal, generating employment, enhancing society, and creating spaces that unite communities.

Competitive Landscape

Other key players in the global architectural, engineering and construction (AEC) market are Dassault Systèmes, Ansys, Inc., Nemetschek Group, Newforma, Inc., Trimble Inc., 4M S.A. Advanced Software Engineering Systems, and others.

Global Architectural, Engineering and Construction (AEC) Market Analysis by Region

The AEC market in North America is growing due to the expanding construction industry, and increasing AI adoption, alongside urbanisation, infrastructure renovations, and industrialisation. Typically, the United States primarily exports AEC services to Canada or the United Kingdom, with exports reaching USD 1.25 billion to the UK and USD 1.22 billion to Canada in 2021.

U.S AEC SERVICES EXPORTS BY COUNTRY, 2010-2021, IN THOUSAND MILLION DOLLARS

The Asia Pacific is projected to experience the rapid growth in the global architectural, engineering and construction (AEC) market in the foreseeable future, driven by factors such as swift urbanisation, population expansion, economic advancement, and substantial infrastructure investments in emerging nations like China, India, and Japan.