🚀 acceleratinghigh confidence2-3 yearsVertical SaaS

Construction Tech SaaS

Procore hit $1.32B revenue, guiding $1.49B. Global contech investment hit $6.57B in 2025 across 337 deals. 56% of investors increasing AI allocation.

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Growth Overview

9.7%

CAGR

+31%

YoY Growth

+85%

Search Growth

$24.7B

by 2034

12-Month Trend

Growth Rate

0%25%50%

Market Size Projection

$11.8B

Current (2025)

$24.7B

by 2034

Overview

Software for construction project management, estimating, scheduling, safety compliance, and field documentation. The construction management software market is worth $11.8B in 2026 and growing at 9.7% CAGR to reach $24.7B by 2034. Procore hit $1.32B in FY2025 revenue and is guiding $1.49B for FY2026. Global contech investment reached $6.57B in 2025 across 337 deals. AI-focused contech funding hit $521M in Q1 2026, the highest since 2021. 56% of investors are increasing AI allocation in contech.

What's Driving This Growth?

▸439,000-worker labor shortage forcing productivity gains through software and AI adoption
▸Safety and compliance regulations tightening across all markets
▸AI-focused contech startups captured 46% of all contech funding in Q1 2025
▸90% of surveyed investors plan to increase or maintain ConTech investments in 2026

Market Signals

✓Procore hit $1.32B trailing 12-month revenue; acquired Datagrid (vertical AI firm) in Jan 2026 to accelerate AI strategy
✓AI-focused ConTech funding hit $521M in Q1 2026, the highest since 2021; 90% of investors plan to increase ConTech investments
✓Flurry of M&A at end of 2025 signals market consolidation; Procore ranks 1st among 1,657 active contech competitors