Department of Labor, Employment Training Administration, Office of Apprenticeship, nor does mention of trade names, commercial products, or organizations imply endorsement by the federal government. To explore more apprenticeship occupations in the Construction and skilled trade industry, view our Occupation Finder. In 2025, there were 480,399 apprentices served in the construction industry, a 28% increase over the past 5 years. Registered Apprenticeship is a proven solution for employers to recruit, train, and retain world-class construction talent in quality, high-demand jobs. Download our resource to learn more about apprenticeship in the construction industry.
- Project management and scheduling tools commanded 40.91% of the construction management software market in 2025 because every project team needs budget tracking and critical-path oversight.
- For those interested in investing in this growth, here are some standout stocks to choose from.
- Fueled by new housing demand and massive government investment in infrastructure as part of the Infrastructure Investment and Jobs Act of 2021.
- North America retained 35.64% of 2025 spending for the construction management software market, supported by high broadband penetration and mature cloud culture.
- Saudi Arabia’s construction market offers growth through rapid residential and commercial expansion driven by Vision 2030.
- This association provides us with timely and relevant information, connects us with people who are stewards of our community and offers the opportunity to play an integral role in shaping the future of the construction industry.”
KickD’s results page https://open-innovation-projects.org/blog/use-free-and-open-source-software-to-effortlessly-open-dwg-files includes every Arab nation’s matches, updated live throughout the tournament. This is the strongest Arab representation in the tournament’s history. After that, the quarter-finals (July 9–11), semi-finals (July 14–15), third-place match (July 18), and the World Cup Final on July 19 conclude the tournament. That creates a 32-team knockout bracket for the first time, launching the brand-new Round of 32, a stage that promises early heavyweight clashes and fewer dead rubbers. The opening phase or the group stage of the 2026 FIFA World Cup is where the tournament’s expanded vision truly comes alive and where every goal can reshape the entire bracket.
The construction industry needs talented professionals of all backgrounds to meet the challenges of building tomorrow’s infrastructure so that our industry can prosper. Organizations like the American Institute of Constructors (AIC) support initiatives that advance opportunities for all and help build a stronger construction workforce for the future. There are unprecedented opportunities for women to enter the field, advance quickly, and take on leadership roles. As the construction sector continues to face new challenges, the role of women in construction will only become more prominent. The construction industry has traditionally been seen as a male-dominated field and industry, but that perception is rapidly changing.
Recent Industry Developments
However, he hedged that the forecasts could prove overly conservative and that demand may, in fact, be higher than indicated. Basu tacked the shrinking labor gap in part to modest growth forecasts in construction spending for 2026 and 2027. By submitting the form, you are agreeing to receive insights, reports and other information from Verizon and affiliated companies in accordance with our Privacy Policy. No – I do not wish to receive communications about Verizon products/services. Verizon may wish to contact you in the future concerning its products and/or services. IoT and big data are transforming the construction industry in significant ways.
The company benefits from renting to a broad range of markets, including construction and utilities, helping it generate steady results regardless of fluctuations in demand from individual sectors. Leading with innovative, sustainable solutions in real estate, construction, and agriculture, driving growth and development in Nigeria and beyond. To be the leading provider of innovative and sustainable solutions in real estate, construction, and agriculture, driving growth and development in Nigeria and beyond.
Key Questions Answered in the Report
FORTUNE may receive compensation for some links to products and services on this website. Among specific trades, growth will be even faster, with electricians surging 9.5% and HVAC technicians up 8.1%. A separate report from BlackRock last month cited Labor Department forecasts that show employment in skilled trades will grow by 5.3% on average from 2024 to 2034 versus the overall rate of 3.1%. While tech giants stoke construction demand, President Donald Trump’s immigration crackdown has largely cut off the flow to a traditional pool of workers for the sector. Much of that will go toward AI, including chips and data centers.
- The eight best third-placed teams across all 12 groups also advance — meaning 32 of the 48 nations progress to the knockout stage.
- Quarterly feature releases reinforce the preference for cloud because on-premises upgrades consume scarce IT labor.
- As the tournament progresses, the knockout bracket updates to show last-16, quarter-final, semi-final, third-place play-off, and final paths.
- Among specific trades, growth will be even faster, with electricians surging 9.5% and HVAC technicians up 8.1%.
- NV5 is smaller than some of its rivals, but that also gives it more growth stock potential as it races to expand and take share.
- The following article ranks the most comprehensive franchise discovery platforms available in Q1 2026, narrowing the field to the major players based on their ability to help prospective buyers make informed decisions.
The all-sector PMI – which comprises services, manufacturing and construction reports for December – edged up to 50.4 from 50.1 in November, pointing to a small expansion across the economy. Get set for the working day – we’ll point you to all the business news and analysis you need every morning An end to months of energy market volatility would offer a breath of fresh air to the construction industry, but concerns for the costs facing contractors remain. Skanska’s report added that technology-driven projects, like data centers, continue to outpace traditional commercial and residential activity.
Planning isn’t the only reason Australia isn’t adding enough homes, builders say
Compare market size and growth of Construction Management Software Market with other markets in Technology, Media and Telecom Industry Design and BIM integration modules lead growth with a 9.18% CAGR because carbon-tracking and digital-twin mandates make them essential. Cloud solutions expand at 9.34% CAGR thanks to pay-as-you-go pricing and quarterly feature updates that keep systems current. North AmericaUnited StatesCanadaMexicoSouth AmericaBrazilArgentinaRest of South AmericaEuropeGermanyUnited KingdomFranceRest of EuropeAsia-PacificIndiaChinaJapanRest of Asia-PacificMiddle East and AfricaGCCTurkeySouth AfricaRest of Middle East and Africa Autodesk expanded upstream by https://myshoppingconnection.com/which-eco-friendly-materials-are-best-for-home-construction/ acquiring Forma, moving earlier into feasibility and zoning analysis so that construction-phase competitors face an incumbent long before ground breaks. GDPR compliance initially slowed multi-tenant migration, yet Microsoft’s Sovereign Cloud and EU grants now bridge that gap, so growth holds at 8.7% CAGR.
