Construction Software Market Size, Share, Growth, and Industry Analysis, Types (Cloud-based, On-premise based), By Applications Covered (Builders, Technology Innovators, Researchers, Distribution vendors) and Regional Insights and Forecast to 2035
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Construction Software Market Size
The Construction Software Market was valued at USD 1939.40 Million in 2025, rising to USD 2182.60 Million in 2026, reaching USD 2456.29 Million in 2027, and expected to grow to USD 5616.01 Million by 2035 at a CAGR of 12.54%. Around 57% of demand comes from project management solutions. Nearly 33% growth is driven by BIM integration tools. About 39% of the market is led by North America. Close to 46% growth is supported by digital workflow adoption. Around 34% demand comes from cloud-based platforms. Automation tools contribute nearly 31% to efficiency gains. Construction planning needs support about 37% adoption globally. Increasing focus on digital construction continues to drive strong market expansion.
Construction Software Market Growth and Future Outlook
The construction software market is experiencing a period of significant growth, driven by increasing demand for automation, digitalization, and enhanced project management capabilities within the construction industry. This sector is rapidly adopting technological advancements to streamline processes, improve efficiency, and reduce costs, leading to substantial growth opportunities for software providers. The market's expansion is largely fueled by the growing complexity of construction projects, requiring better tools to manage large-scale operations and improve collaboration across various stakeholders. The construction industry, traditionally slow to adopt technology, has seen a major shift towards digital solutions, with construction management software, project management tools, and Building Information Modeling (BIM) software gaining prominence.
The future outlook for the construction software market is optimistic, as the industry continues to embrace digital transformation. A significant factor in the market's growth trajectory is the increased use of cloud-based construction software solutions, which allow for real-time data sharing and collaboration between on-site teams and office-based project managers. This trend towards cloud computing is likely to continue as companies prioritize the need for accessible, scalable, and cost-effective solutions to manage their construction projects. In addition, the integration of Artificial Intelligence (AI) and machine learning into construction software is expected to revolutionize the way projects are managed, allowing for predictive analysis, risk management, and real-time adjustments.
With the rising importance of sustainability in construction, the demand for software solutions that promote green building practices is also expected to grow. These solutions enable construction companies to track energy consumption, waste management, and environmental impact throughout the project lifecycle. Moreover, the rise of smart cities and infrastructure projects globally presents a significant opportunity for the construction software market. Governments and private players are increasingly investing in smart city initiatives, further driving the adoption of advanced construction software tools to meet the growing demand for efficient, sustainable urban development.
Another factor contributing to market growth is the increasing need for compliance with safety regulations and standards. Construction software helps companies adhere to these regulations by providing features such as safety documentation, incident tracking, and compliance reporting. The growing emphasis on safety in the construction industry will likely drive further adoption of such software solutions. With these multiple growth drivers in play, the global construction software market is expected to expand at a robust pace, creating new opportunities for software vendors and developers.
Construction Software Market Trends
Several trends are shaping the construction software market, with digital transformation being a key driver. The increasing adoption of cloud-based solutions has revolutionized the way construction projects are managed, offering flexibility, real-time collaboration, and scalability. This shift towards cloud computing has been particularly beneficial in managing large-scale, complex projects, where various teams and stakeholders need to collaborate seamlessly across different locations.
Another significant trend in the construction software market is the growing adoption of Building Information Modeling (BIM). BIM enables companies to create detailed digital models of construction projects, allowing for better planning, design, and execution. This trend is gaining momentum as more construction firms recognize the benefits of BIM in terms of cost savings, reduced project timelines, and improved collaboration.
The integration of AI and machine learning into construction software is also a noteworthy trend, enabling predictive analytics and automated decision-making. These technologies help construction companies optimize project timelines, manage risks, and predict future outcomes more accurately. Additionally, mobile applications for construction software have become increasingly popular, providing project managers and on-site workers with real-time access to data and tools, enhancing productivity and efficiency.
Construction Software Market Dynamics
The construction software market is shaped by various dynamic factors, including technological advancements, changing customer preferences, and regulatory demands. The need for improved project management, cost control, and timely completion of projects has pushed construction companies towards adopting software solutions that can offer real-time data tracking, resource management, and analytics. This shift has led to a growing demand for integrated software platforms that can manage multiple aspects of construction, from design and planning to execution and reporting.
The competitive landscape of the construction software market is also evolving, with numerous vendors offering specialized solutions catering to specific needs such as scheduling, budgeting, and compliance management. The influx of startups and niche players in the market is driving innovation, as they develop cutting-edge tools that cater to the evolving needs of the construction industry. Established players, on the other hand, are expanding their portfolios through mergers, acquisitions, and partnerships to remain competitive.
Despite the positive growth outlook, market dynamics are influenced by challenges such as high implementation costs, resistance to technology adoption in certain regions, and data security concerns. Companies are increasingly focused on addressing these issues to gain a competitive edge and secure long-term growth.
Drivers of Growth
Several factors are driving the growth of the construction software market, with the increasing complexity of construction projects being a primary driver. Large-scale infrastructure projects require sophisticated tools to manage workflows, budgets, and timelines. Construction software provides the necessary platform to coordinate all these aspects effectively, ensuring that projects are completed on time and within budget.
The growing adoption of cloud-based solutions is another key growth driver. Cloud technology allows construction firms to manage projects from any location, providing flexibility and enabling real-time collaboration between teams. The scalability and cost-effectiveness of cloud solutions have made them particularly attractive to construction firms looking to improve efficiency and reduce costs.
Government regulations regarding safety and environmental standards are also driving the adoption of construction software. Many software solutions offer built-in compliance management features, helping companies adhere to regulations and avoid penalties. Moreover, the growing emphasis on sustainability in construction is creating a demand for software that helps manage green building practices, from energy consumption to waste reduction.
Restraints
Despite the positive outlook, the construction software market faces several restraints that could hinder its growth. One of the primary challenges is the high cost of implementing and maintaining construction software. Small and medium-sized construction firms, in particular, may find it difficult to invest in advanced software solutions due to budget constraints. This financial barrier can slow down the adoption rate of construction software, especially in developing markets.
Another major restraint is the resistance to change within the construction industry. Many companies, particularly those that have been operating for a long time, are accustomed to traditional methods of project management and may be reluctant to adopt new technologies. This resistance can be attributed to a lack of technical expertise, fear of disrupting established workflows, and concerns over data security. The reluctance to transition from manual processes to automated systems remains a significant challenge for the market.
Additionally, data security and privacy concerns pose a restraint to the market. Construction firms handle sensitive information, including project details, financial data, and personal information of employees. The risk of data breaches and cyberattacks may deter companies from fully adopting cloud-based construction software solutions.
Opportunities
The construction software market presents numerous opportunities for growth, particularly in the areas of digitalization and sustainability. One of the most promising opportunities lies in the increasing demand for Building Information Modeling (BIM) software. As more construction companies recognize the value of BIM in improving project efficiency and reducing costs, the demand for BIM-enabled software is expected to rise significantly.
The development of smart cities and infrastructure projects globally also presents a lucrative opportunity for the construction software market. Governments and private sector companies are investing heavily in smart city projects, which require advanced construction software to manage the complex planning and execution processes involved. This trend is expected to drive the adoption of construction software solutions that offer capabilities such as real-time data analysis, project management, and resource optimization.
Another key opportunity is the integration of Artificial Intelligence (AI) and machine learning into construction software. These technologies enable predictive analytics, allowing construction companies to identify potential risks and make data-driven decisions to optimize project timelines and budgets. As AI continues to evolve, it is expected to play a larger role in the construction industry, providing opportunities for software providers to develop innovative solutions that cater to this growing demand.
Challenges
The construction software market faces several challenges that could impede its growth. One of the most significant challenges is the lack of technical expertise among construction professionals. Many companies in the industry are still reliant on manual processes and may struggle to adopt new technologies due to a lack of skilled workers who can effectively use construction software. This skills gap is a major hurdle that needs to be addressed for the market to grow at its full potential.
Another challenge is the issue of interoperability between different software solutions. Construction companies often use a variety of tools for different aspects of their projects, such as design, scheduling, and budgeting. However, many of these tools are not fully compatible with one another, leading to inefficiencies and data silos. The lack of seamless integration between software platforms can hinder productivity and prevent companies from fully realizing the benefits of construction software.
Furthermore, the construction industry is heavily project-driven, with fluctuating demand based on economic conditions. During periods of economic downturn or reduced construction activity, companies may be less inclined to invest in new software solutions. This cyclical nature of the construction industry poses a challenge for software providers, who must find ways to maintain steady growth during periods of market volatility.
Segmentation Analysis
The construction software market is highly segmented based on various factors that determine the software's features, applications, and distribution channels. This segmentation helps to identify specific customer needs and tailor software solutions accordingly, ensuring that companies can select the most appropriate tools for their construction projects. The major segments in the construction software market include type, application, and distribution channel. By understanding these segments, companies can make more informed decisions about which software solutions will best meet their unique requirements.
One of the key factors driving segmentation in the construction software market is the diverse range of needs within the construction industry. Different types of construction projects, such as residential, commercial, and infrastructure development, require specific tools to manage unique challenges. For example, software designed for residential construction may focus more on budgeting, while commercial construction software may emphasize project scheduling and resource management.
Another critical factor influencing market segmentation is the size and scale of the construction company. Large construction firms may require comprehensive, integrated software solutions that manage every aspect of their operations, while smaller companies may focus on niche tools that meet specific needs, such as cost estimation or compliance management. This diverse demand has led to the development of a wide range of construction software solutions catering to different segments of the market.
Additionally, the market can be segmented based on how the software is distributed and accessed. Cloud-based software, for example, is growing in popularity due to its flexibility, scalability, and cost-effectiveness, while on-premises solutions are often preferred by companies with more stringent data security requirements. This segmentation helps to explain the range of options available to construction companies, as they can choose between different types of software solutions depending on their operational needs.
Segment by Type
The construction software market can be segmented by type, which includes several categories such as project management software, Building Information Modeling (BIM) software, estimating software, and others. Each type of software is designed to address specific areas of construction project management, providing tools to manage tasks such as scheduling, cost estimation, risk management, and resource allocation.
Project management software is one of the most widely used types, helping construction companies streamline their operations and improve communication between various stakeholders. This type of software allows project managers to track progress, allocate resources, and ensure that timelines are met. It is especially useful for large-scale projects that require coordination between multiple teams and locations.
Building Information Modeling (BIM) software is another crucial segment. BIM provides a digital representation of a construction project's physical and functional characteristics, allowing for improved collaboration between architects, engineers, and contractors. The use of BIM software is becoming increasingly popular as it helps reduce errors, minimize project delays, and improve overall efficiency.
Other types of construction software include cost estimating software, which helps project managers develop accurate budgets, and document management software, which ensures that all project-related documents are organized and accessible throughout the project lifecycle.
Segment by Application
The construction software market is also segmented by application, which includes residential, commercial, industrial, and infrastructure construction. Each application has unique demands, and software solutions are tailored to meet the specific needs of these different sectors.
In residential construction, the primary focus is on budgeting, scheduling, and resource management. Software solutions in this segment are designed to help contractors manage smaller-scale projects, often focusing on cost control and efficient allocation of labor and materials. Residential construction software may also include tools for managing customer relationships and ensuring compliance with building codes and regulations.
Commercial construction, on the other hand, tends to involve larger-scale projects with more complex requirements. Software in this segment is designed to manage multiple aspects of the project, including design, scheduling, and collaboration between various stakeholders. Commercial construction software may also incorporate features such as BIM, project management, and risk assessment tools to ensure that projects are completed on time and within budget.
In the industrial and infrastructure segments, construction software is often focused on large-scale projects such as power plants, highways, and bridges. These projects require advanced tools to manage complex logistics, resource allocation, and compliance with safety regulations. Software solutions in this segment are typically more comprehensive and designed to handle the complexity of large infrastructure projects.
By Distribution Channel
The construction software market is segmented by distribution channel, with the primary channels being cloud-based software and on-premises software. The method of delivery plays a crucial role in how construction companies choose and use software solutions, with each distribution channel offering its own set of advantages.
Cloud-based construction software is rapidly growing in popularity due to its accessibility, scalability, and cost-effectiveness. Companies using cloud-based software can access their data and tools from any location, allowing for real-time collaboration between teams working in different places. This flexibility is particularly beneficial for large construction firms that need to manage projects across multiple locations. Cloud-based solutions are also typically more affordable than on-premises software, as they do not require substantial upfront investment in hardware or IT infrastructure. Instead, companies can pay for the services on a subscription basis, which reduces costs and makes the software more accessible to smaller firms.
On-premises software, on the other hand, is preferred by companies that prioritize data security and control. With on-premises solutions, the software is installed directly onto the company's own servers, providing greater control over data and reducing the risk of external security breaches. This distribution channel is often used by companies with strict data security requirements, particularly in industries where sensitive project information must be protected from cyber threats.
Construction Software Market Regional Outlook
The construction software market is geographically diverse, with different regions experiencing varied levels of adoption and growth based on factors such as technological advancement, economic conditions, and construction activity. Key regions in the construction software market include North America, Europe, Asia-Pacific, and the Middle East & Africa. Each region presents unique opportunities and challenges for construction software providers, driven by differing regional dynamics, regulatory environments, and levels of digitalization in the construction industry.
North America
North America is one of the leading regions in the construction software market, driven by the high adoption of digital tools and the presence of major construction software providers. The United States, in particular, has a mature construction market, with large-scale infrastructure projects and commercial developments fueling demand for advanced software solutions. The region's focus on innovation, sustainability, and safety regulations has led to significant investment in construction software that enhances project management, risk assessment, and regulatory compliance.
Europe
Europe is another key region in the construction software market, with countries like Germany, the UK, and France leading in the adoption of digital solutions. The region's focus on green building practices and sustainability has increased the demand for construction software that supports energy-efficient and environmentally friendly construction processes. Additionally, the European construction industry is highly regulated, with strict safety and compliance requirements, which has driven the need for software that ensures regulatory adherence.
Asia-Pacific
The Asia-Pacific region is experiencing rapid growth in the construction software market, driven by increasing urbanization, infrastructure development, and government investments in smart cities. Countries such as China, India, and Japan are leading the way, with large-scale infrastructure projects creating a demand for advanced construction software solutions. The region is also witnessing growing interest in BIM and cloud-based software, as construction firms seek to improve efficiency and reduce costs in large, complex projects.
Middle East & Africa
The Middle East & Africa region is emerging as a promising market for construction software, fueled by major infrastructure projects and government initiatives to modernize construction practices. Countries such as the UAE and Saudi Arabia are investing heavily in smart city projects and infrastructure development, creating opportunities for construction software providers. While adoption in Africa remains relatively low, ongoing urbanization and infrastructure projects are expected to drive future growth in the region.
List of Key Construction Software Market Companies Profiled
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- Sage Group PLC – Headquarters: Newcastle upon Tyne, UK, Revenue (2023): $2.4 billion
- BuilderTREND – Headquarters: Omaha, Nebraska, USA, Revenue (2023): $110 million
- Oracle Corporation – Headquarters: Austin, Texas, USA, Revenue (2023): $49.95 billion
- Turtle Creek Software – Headquarters: Chicago, Illinois, USA, Revenue (2023): Not publicly available
- BuilderMT – Headquarters: Lakewood, Colorado, USA, Revenue (2023): Not publicly available
- Trimble Inc. – Headquarters: Sunnyvale, California, USA, Revenue (2023): $3.7 billion
- Constellation Software Inc. – Headquarters: Toronto, Canada, Revenue (2023): $6.2 billion
- Procore Technologies – Headquarters: Carpinteria, California, USA, Revenue (2023): $837 million
- Comprotex Software Inc. – Headquarters: Calgary, Canada, Revenue (2023): Not publicly available
- iSqFt – Headquarters: Cincinnati, Ohio, USA, Revenue (2023): Not publicly available
Covid-19 Impacting Construction Software Market
The Covid-19 pandemic had a profound impact on the global construction industry, and the construction software market was no exception. The pandemic caused widespread disruptions to construction projects due to lockdowns, social distancing measures, and supply chain disruptions. These challenges forced construction companies to reassess their traditional processes and embrace digital tools, leading to a surge in the adoption of construction software solutions.
One of the most significant impacts of Covid-19 on the construction software market was the accelerated shift towards remote working and cloud-based solutions. As construction sites faced restrictions on physical presence, companies turned to cloud-based project management and collaboration tools to ensure that work could continue, even if team members were working remotely. This shift highlighted the importance of having real-time access to project data and the ability to manage tasks from any location, boosting demand for cloud-based construction software.
In addition to remote working capabilities, Covid-19 also heightened the need for more efficient project management tools. Many construction projects faced delays and budget overruns due to disruptions in the supply chain and workforce availability. As a result, construction firms increasingly relied on software to track project progress, adjust schedules, and manage resources effectively. Software solutions that offered features like risk management, cost estimation, and real-time reporting became essential for ensuring that projects remained on track, even amid uncertainty.
Moreover, the pandemic emphasized the need for digital tools that could enhance safety on construction sites. Construction software with integrated safety compliance features became a critical asset as companies sought to implement health and safety protocols to protect workers from the virus. From tracking safety inspections to managing documentation, construction software helped companies maintain compliance with new regulations while minimizing the risk of Covid-19 outbreaks on-site.
Despite the challenges posed by the pandemic, the construction software market emerged stronger, with a growing recognition of the value of digital solutions in managing complex projects. The long-term impact of Covid-19 is expected to be a sustained increase in the adoption of construction software, as companies continue to prioritize efficiency, collaboration, and safety in a post-pandemic world. As the industry recovers, the construction software market is poised for further growth, driven by the ongoing digital transformation of the construction sector.
Investment Analysis and Opportunities
The construction software market presents significant investment opportunities, driven by the increasing demand for digital solutions in the construction industry. Investors are recognizing the potential of this market as construction companies seek to improve efficiency, reduce costs, and enhance collaboration through the adoption of software tools. As the construction sector continues to embrace digital transformation, the construction software market is expected to attract substantial investments in the coming years.
One of the key areas of investment opportunity lies in cloud-based construction software. Cloud technology is revolutionizing the way construction projects are managed, offering real-time collaboration, scalability, and cost-effectiveness. As more construction firms shift towards cloud-based solutions, there is a growing demand for software providers that can deliver robust, secure, and scalable platforms. Investors are increasingly interested in companies that offer cloud-based construction software, particularly those that specialize in project management, Building Information Modeling (BIM), and collaboration tools.
Another area of opportunity is the integration of Artificial Intelligence (AI) and machine learning into construction software. These technologies enable predictive analytics, allowing construction companies to make data-driven decisions, optimize project timelines, and mitigate risks. AI-powered construction software is expected to play a pivotal role in the future of the industry, and investors are looking to capitalize on this trend by backing companies that are at the forefront of AI innovation.
The growing focus on sustainability in construction also presents investment opportunities. As governments and private sector players prioritize green building practices, there is increasing demand for construction software that supports sustainability efforts. Software solutions that enable companies to track energy consumption, reduce waste, and monitor environmental impact are becoming essential tools for meeting sustainability goals. Investors are taking note of this trend and are seeking opportunities to invest in companies that offer solutions for sustainable construction.
Additionally, the rise of smart cities and large-scale infrastructure projects around the world is creating new opportunities for investment in the construction software market. Governments are investing heavily in smart city initiatives, which require advanced software tools to manage the complexity of planning, design, and construction. Software providers that specialize in smart city construction and infrastructure development are likely to attract significant investment as this trend continues to grow.
In conclusion, the construction software market offers numerous investment opportunities across various segments, including cloud-based solutions, AI-powered software, and sustainability-focused tools. Investors who recognize the potential of these trends stand to benefit from the continued growth of the construction software market.
5 Recent Developments
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Procore Technologies Expands into Europe: In 2023, Procore Technologies announced its expansion into the European market, aiming to bring its construction management software to a wider audience. This expansion is part of the company's strategy to capitalize on the growing demand for digital tools in the European construction industry.
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Trimble Introduces New BIM Software Features: In 2022, Trimble Inc. enhanced its Building Information Modeling (BIM) software with new features designed to improve collaboration and project visualization. These upgrades enable construction teams to streamline workflows and enhance real-time decision-making.
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Oracle Enhances AI Capabilities in Construction Software: Oracle Corporation, in 2023, introduced advanced AI-driven capabilities in its construction software solutions. These features allow construction companies to predict potential project delays and budget overruns, offering proactive risk management tools.
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Autodesk Acquires Spacemaker: In 2023, Autodesk acquired Spacemaker, an AI-based software company that specializes in early-stage planning and urban design. This acquisition strengthens Autodesk's position in the construction software market, particularly in the area of urban planning.
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BIM 360 Expands Cloud Collaboration Features: Autodesk's BIM 360 software received significant updates in 2022, focusing on enhancing cloud collaboration capabilities. These updates allow teams to work together more effectively, regardless of location, fostering real-time communication and project management.
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REPORT COVERAGE of Construction Software Market
The report on the construction software market offers a comprehensive analysis of the industry's current landscape, trends, and future prospects. It covers a wide range of topics, including market segmentation by type, application, and distribution channel, providing insights into the various factors that shape the market. The report also delves into the competitive landscape, profiling key players in the market and analyzing their strategies, product offerings, and market share.
In addition to market segmentation, the report provides an in-depth analysis of regional market trends, examining the construction software market in North America, Europe, Asia-Pacific, and the Middle East & Africa. It highlights the key drivers and challenges in each region, offering insights into the unique dynamics that influence market growth.
The report also covers the impact of technological advancements on the construction software market, particularly the integration of cloud computing, AI, and BIM into construction tools. Furthermore, the report addresses key market drivers, restraints, opportunities, and challenges, providing a holistic view of the factors that influence market performance.
Overall, the report offers valuable insights for stakeholders, including construction companies, software providers, investors, and policymakers, helping them navigate the rapidly evolving construction software market.
New Products
The construction software market has seen the introduction of several new products in recent years, as companies strive to meet the growing demand for innovative tools that enhance project management, collaboration, and sustainability in construction.
One notable new product is Procore's Field Productivity software, which was launched in 2023. This software is designed to help construction companies improve field efficiency by providing real-time labor tracking, reporting, and resource management. The tool integrates seamlessly with Procore's existing project management platform, making it easier for teams to monitor progress and make data-driven decisions.
Another recent product launch is Autodesk Construction Cloud's expanded suite of tools, which now includes enhanced features for collaboration and data sharing. This cloud-based solution allows construction companies to manage projects from design through construction, offering tools for document management, cost control, and project scheduling.
In 2022, Trimble introduced new AI-driven features in its ProjectSight software, designed to help construction teams predict potential risks and optimize project timelines. This software uses machine learning algorithms to analyze project data and provide actionable insights, helping teams avoid delays and stay on budget.
These new product launches reflect the growing demand for advanced construction software solutions that address the evolving needs of the industry, particularly in areas like AI, cloud computing, and field productivity.
REPORT SCOPE
The scope of the report on the construction software market encompasses a detailed analysis of the industry's growth drivers, challenges, opportunities, and competitive landscape. It covers various segments of the market, including type, application, and distribution channel, providing an in-depth understanding of the different factors that shape the market dynamics.
The report focuses on the key trends driving the construction software market, such as the increasing adoption of cloud-based solutions, the integration of AI and machine learning, and the growing demand for Building Information Modeling (BIM) software. It also addresses the impact of external factors, such as government regulations, economic conditions, and technological advancements, on market growth.
In addition to segment analysis, the report offers a regional outlook, examining the market performance in North America, Europe, Asia-Pacific, and the Middle East & Africa. The report provides insights into the unique dynamics in each region, including market size, growth potential, and key players.
The report also includes profiles of major companies in the construction software market, highlighting their product offerings, strategies, and market share. Overall, the report provides a comprehensive overview of the construction software market, offering valuable insights for industry stakeholders.
Construction Software Market Report Coverage
| REPORT COVERAGE | DETAILS | |
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Market Size Value In |
USD 1939.4 Million in 2026 |
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Market Size Value By |
USD 5616.01 Million by 2035 |
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Growth Rate |
CAGR of 12.54%% from 2026 - 2035 |
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Forecast Period |
2026 - 2035 |
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Base Year |
2025 |
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Historical Data Available |
Yes |
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Regional Scope |
Global |
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Segments Covered |
By Type :
By Application :
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Frequently Asked Questions
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What value is the Construction Software Market expected to touch by 2035?
The global Construction Software Market is expected to reach USD 5616.01 Million by 2035.
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What CAGR is the Construction Software Market expected to exhibit by 2035?
The Construction Software Market is expected to exhibit a CAGR of 12.54% by 2035.
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Who are the top players in the Construction Software Market?
Sage Group PLC, Builder TREND, Oracle Corporation, Turtle Creek Software, BuilderMT, Trimble Inc., Constellation Software Inc, Procore Technologies, Comprotex Software Inc., iSqFt
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What was the value of the Construction Software Market in 2025?
In 2025, the Construction Software Market value stood at USD 1939.4 Million.
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