The global Progress Billing Software market size was valued at US$ 2.45 billion in 2024 and is projected to reach US$ 4.12 billion by 2030, at a CAGR of 9.1% during the forecast period 2024-2030.
The United States Progress Billing Software market size was valued at US$ 723.4 million in 2024 and is projected to reach US$ 1.18 billion by 2030, at a CAGR of 8.5% during the forecast period 2024-2030.
Software for managing staged billing and payments in project-based businesses.
The global market is growing steadily, driven by construction and project management needs. In 2023, total businesses using the software reached 150,000, with construction companies accounting for 55% of demand. The consulting services segment is growing at 10.2% annually. The market saw a 30% increase in demand for mobile apps in 2023. Cloud-based solutions dominate with a 80% market share, while on-premise systems are growing at 4% annually. North America leads with a 42% market share, while Europe is the fastest-growing region at 9.8% CAGR. The industry is focusing on developing automation features, with a 35% growth in R&D investments.
Report Overview
This report provides a deep insight into the global Progress Billing Software market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Progress Billing Software Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Progress Billing Software market in any manner.
Global Progress Billing Software Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
BigTime
RedTeam Software
Sage
BQE Core
MAESTRO
Jonas
Hardhat
JOVACO
Quantum
Basic Builder
Market Segmentation (by Type)
On Premises
Cloud-based
Market Segmentation (by Application)
Large Companies
Small and Medium Sized Companies
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Progress Billing Software Market
Overview of the regional outlook of the Progress Billing Software Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
TABLE OF CONTENTS
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Progress Billing Software
1.2 Key Market Segments
1.2.1 Progress Billing Software Segment by Type
1.2.2 Progress Billing Software Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Progress Billing Software Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Progress Billing Software Market Competitive Landscape
3.1 Global Progress Billing Software Revenue Market Share by Company (2019-2024)
3.2 Progress Billing Software Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company Progress Billing Software Market Size Sites, Area Served, Product Type
3.4 Progress Billing Software Market Competitive Situation and Trends
3.4.1 Progress Billing Software Market Concentration Rate
3.4.2 Global 5 and 10 Largest Progress Billing Software Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Progress Billing Software Value Chain Analysis
4.1 Progress Billing Software Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Progress Billing Software Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Progress Billing Software Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Progress Billing Software Market Size Market Share by Type (2019-2024)
6.3 Global Progress Billing Software Market Size Growth Rate by Type (2019-2024)
7 Progress Billing Software Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Progress Billing Software Market Size (M USD) by Application (2019-2024)
7.3 Global Progress Billing Software Market Size Growth Rate by Application (2019-2024)
8 Progress Billing Software Market Segmentation by Region
8.1 Global Progress Billing Software Market Size by Region
8.1.1 Global Progress Billing Software Market Size by Region
8.1.2 Global Progress Billing Software Market Size Market Share by Region
8.2 North America
8.2.1 North America Progress Billing Software Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Progress Billing Software Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Progress Billing Software Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Progress Billing Software Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Progress Billing Software Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 BigTime
9.1.1 BigTime Progress Billing Software Basic Information
9.1.2 BigTime Progress Billing Software Product Overview
9.1.3 BigTime Progress Billing Software Product Market Performance
9.1.4 BigTime Progress Billing Software SWOT Analysis
9.1.5 BigTime Business Overview
9.1.6 BigTime Recent Developments
9.2 RedTeam Software
9.2.1 RedTeam Software Progress Billing Software Basic Information
9.2.2 RedTeam Software Progress Billing Software Product Overview
9.2.3 RedTeam Software Progress Billing Software Product Market Performance
9.2.4 RedTeam Software Progress Billing Software SWOT Analysis
9.2.5 RedTeam Software Business Overview
9.2.6 RedTeam Software Recent Developments
9.3 Sage
9.3.1 Sage Progress Billing Software Basic Information
9.3.2 Sage Progress Billing Software Product Overview
9.3.3 Sage Progress Billing Software Product Market Performance
9.3.4 Sage Progress Billing Software SWOT Analysis
9.3.5 Sage Business Overview
9.3.6 Sage Recent Developments
9.4 BQE Core
9.4.1 BQE Core Progress Billing Software Basic Information
9.4.2 BQE Core Progress Billing Software Product Overview
9.4.3 BQE Core Progress Billing Software Product Market Performance
9.4.4 BQE Core Business Overview
9.4.5 BQE Core Recent Developments
9.5 MAESTRO
9.5.1 MAESTRO Progress Billing Software Basic Information
9.5.2 MAESTRO Progress Billing Software Product Overview
9.5.3 MAESTRO Progress Billing Software Product Market Performance
9.5.4 MAESTRO Business Overview
9.5.5 MAESTRO Recent Developments
9.6 Jonas
9.6.1 Jonas Progress Billing Software Basic Information
9.6.2 Jonas Progress Billing Software Product Overview
9.6.3 Jonas Progress Billing Software Product Market Performance
9.6.4 Jonas Business Overview
9.6.5 Jonas Recent Developments
9.7 Hardhat
9.7.1 Hardhat Progress Billing Software Basic Information
9.7.2 Hardhat Progress Billing Software Product Overview
9.7.3 Hardhat Progress Billing Software Product Market Performance
9.7.4 Hardhat Business Overview
9.7.5 Hardhat Recent Developments
9.8 JOVACO
9.8.1 JOVACO Progress Billing Software Basic Information
9.8.2 JOVACO Progress Billing Software Product Overview
9.8.3 JOVACO Progress Billing Software Product Market Performance
9.8.4 JOVACO Business Overview
9.8.5 JOVACO Recent Developments
9.9 Quantum
9.9.1 Quantum Progress Billing Software Basic Information
9.9.2 Quantum Progress Billing Software Product Overview
9.9.3 Quantum Progress Billing Software Product Market Performance
9.9.4 Quantum Business Overview
9.9.5 Quantum Recent Developments
9.10 Basic Builder
9.10.1 Basic Builder Progress Billing Software Basic Information
9.10.2 Basic Builder Progress Billing Software Product Overview
9.10.3 Basic Builder Progress Billing Software Product Market Performance
9.10.4 Basic Builder Business Overview
9.10.5 Basic Builder Recent Developments
10 Progress Billing Software Regional Market Forecast
10.1 Global Progress Billing Software Market Size Forecast
10.2 Global Progress Billing Software Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Progress Billing Software Market Size Forecast by Country
10.2.3 Asia Pacific Progress Billing Software Market Size Forecast by Region
10.2.4 South America Progress Billing Software Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Progress Billing Software by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Progress Billing Software Market Forecast by Type (2025-2030)
11.2 Global Progress Billing Software Market Forecast by Application (2025-2030)
12 Conclusion and Key Findings
LIST OF TABLES & FIGURES
List of Tables
Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. Progress Billing Software Market Size Comparison by Region (M USD)
Table 5. Global Progress Billing Software Revenue (M USD) by Company (2019-2024)
Table 6. Global Progress Billing Software Revenue Share by Company (2019-2024)
Table 7. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Progress Billing Software as of 2022)
Table 8. Company Progress Billing Software Market Size Sites and Area Served
Table 9. Company Progress Billing Software Product Type
Table 10. Global Progress Billing Software Company Market Concentration Ratio (CR5 and HHI)
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. Value Chain Map of Progress Billing Software
Table 13. Midstream Market Analysis
Table 14. Downstream Customer Analysis
Table 15. Key Development Trends
Table 16. Driving Factors
Table 17. Progress Billing Software Market Challenges
Table 18. Global Progress Billing Software Market Size by Type (M USD)
Table 19. Global Progress Billing Software Market Size (M USD) by Type (2019-2024)
Table 20. Global Progress Billing Software Market Size Share by Type (2019-2024)
Table 21. Global Progress Billing Software Market Size Growth Rate by Type (2019-2024)
Table 22. Global Progress Billing Software Market Size by Application
Table 23. Global Progress Billing Software Market Size by Application (2019-2024) & (M USD)
Table 24. Global Progress Billing Software Market Share by Application (2019-2024)
Table 25. Global Progress Billing Software Market Size Growth Rate by Application (2019-2024)
Table 26. Global Progress Billing Software Market Size by Region (2019-2024) & (M USD)
Table 27. Global Progress Billing Software Market Size Market Share by Region (2019-2024)
Table 28. North America Progress Billing Software Market Size by Country (2019-2024) & (M USD)
Table 29. Europe Progress Billing Software Market Size by Country (2019-2024) & (M USD)
Table 30. Asia Pacific Progress Billing Software Market Size by Region (2019-2024) & (M USD)
Table 31. South America Progress Billing Software Market Size by Country (2019-2024) & (M USD)
Table 32. Middle East and Africa Progress Billing Software Market Size by Region (2019-2024) & (M USD)
Table 33. BigTime Progress Billing Software Basic Information
Table 34. BigTime Progress Billing Software Product Overview
Table 35. BigTime Progress Billing Software Revenue (M USD) and Gross Margin (2019-2024)
Table 36. BigTime Progress Billing Software SWOT Analysis
Table 37. BigTime Business Overview
Table 38. BigTime Recent Developments
Table 39. RedTeam Software Progress Billing Software Basic Information
Table 40. RedTeam Software Progress Billing Software Product Overview
Table 41. RedTeam Software Progress Billing Software Revenue (M USD) and Gross Margin (2019-2024)
Table 42. RedTeam Software Progress Billing Software SWOT Analysis
Table 43. RedTeam Software Business Overview
Table 44. RedTeam Software Recent Developments
Table 45. Sage Progress Billing Software Basic Information
Table 46. Sage Progress Billing Software Product Overview
Table 47. Sage Progress Billing Software Revenue (M USD) and Gross Margin (2019-2024)
Table 48. Sage Progress Billing Software SWOT Analysis
Table 49. Sage Business Overview
Table 50. Sage Recent Developments
Table 51. BQE Core Progress Billing Software Basic Information
Table 52. BQE Core Progress Billing Software Product Overview
Table 53. BQE Core Progress Billing Software Revenue (M USD) and Gross Margin (2019-2024)
Table 54. BQE Core Business Overview
Table 55. BQE Core Recent Developments
Table 56. MAESTRO Progress Billing Software Basic Information
Table 57. MAESTRO Progress Billing Software Product Overview
Table 58. MAESTRO Progress Billing Software Revenue (M USD) and Gross Margin (2019-2024)
Table 59. MAESTRO Business Overview
Table 60. MAESTRO Recent Developments
Table 61. Jonas Progress Billing Software Basic Information
Table 62. Jonas Progress Billing Software Product Overview
Table 63. Jonas Progress Billing Software Revenue (M USD) and Gross Margin (2019-2024)
Table 64. Jonas Business Overview
Table 65. Jonas Recent Developments
Table 66. Hardhat Progress Billing Software Basic Information
Table 67. Hardhat Progress Billing Software Product Overview
Table 68. Hardhat Progress Billing Software Revenue (M USD) and Gross Margin (2019-2024)
Table 69. Hardhat Business Overview
Table 70. Hardhat Recent Developments
Table 71. JOVACO Progress Billing Software Basic Information
Table 72. JOVACO Progress Billing Software Product Overview
Table 73. JOVACO Progress Billing Software Revenue (M USD) and Gross Margin (2019-2024)
Table 74. JOVACO Business Overview
Table 75. JOVACO Recent Developments
Table 76. Quantum Progress Billing Software Basic Information
Table 77. Quantum Progress Billing Software Product Overview
Table 78. Quantum Progress Billing Software Revenue (M USD) and Gross Margin (2019-2024)
Table 79. Quantum Business Overview
Table 80. Quantum Recent Developments
Table 81. Basic Builder Progress Billing Software Basic Information
Table 82. Basic Builder Progress Billing Software Product Overview
Table 83. Basic Builder Progress Billing Software Revenue (M USD) and Gross Margin (2019-2024)
Table 84. Basic Builder Business Overview
Table 85. Basic Builder Recent Developments
Table 86. Global Progress Billing Software Market Size Forecast by Region (2025-2030) & (M USD)
Table 87. North America Progress Billing Software Market Size Forecast by Country (2025-2030) & (M USD)
Table 88. Europe Progress Billing Software Market Size Forecast by Country (2025-2030) & (M USD)
Table 89. Asia Pacific Progress Billing Software Market Size Forecast by Region (2025-2030) & (M USD)
Table 90. South America Progress Billing Software Market Size Forecast by Country (2025-2030) & (M USD)
Table 91. Middle East and Africa Progress Billing Software Market Size Forecast by Country (2025-2030) & (M USD)
Table 92. Global Progress Billing Software Market Size Forecast by Type (2025-2030) & (M USD)
Table 93. Global Progress Billing Software Market Size Forecast by Application (2025-2030) & (M USD)
List of Figures
Figure 1. Industrial Chain of Progress Billing Software
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global Progress Billing Software Market Size (M USD), 2019-2030
Figure 5. Global Progress Billing Software Market Size (M USD) (2019-2030)
Figure 6. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 8. Evaluation Matrix of Regional Market Development Potential
Figure 9. Progress Billing Software Market Size by Country (M USD)
Figure 10. Global Progress Billing Software Revenue Share by Company in 2023
Figure 11. Progress Billing Software Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 12. The Global 5 and 10 Largest Players: Market Share by Progress Billing Software Revenue in 2023
Figure 13. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 14. Global Progress Billing Software Market Share by Type
Figure 15. Market Size Share of Progress Billing Software by Type (2019-2024)
Figure 16. Market Size Market Share of Progress Billing Software by Type in 2022
Figure 17. Global Progress Billing Software Market Size Growth Rate by Type (2019-2024)
Figure 18. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 19. Global Progress Billing Software Market Share by Application
Figure 20. Global Progress Billing Software Market Share by Application (2019-2024)
Figure 21. Global Progress Billing Software Market Share by Application in 2022
Figure 22. Global Progress Billing Software Market Size Growth Rate by Application (2019-2024)
Figure 23. Global Progress Billing Software Market Size Market Share by Region (2019-2024)
Figure 24. North America Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 25. North America Progress Billing Software Market Size Market Share by Country in 2023
Figure 26. U.S. Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 27. Canada Progress Billing Software Market Size (M USD) and Growth Rate (2019-2024)
Figure 28. Mexico Progress Billing Software Market Size (Units) and Growth Rate (2019-2024)
Figure 29. Europe Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 30. Europe Progress Billing Software Market Size Market Share by Country in 2023
Figure 31. Germany Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 32. France Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 33. U.K. Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 34. Italy Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 35. Russia Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 36. Asia Pacific Progress Billing Software Market Size and Growth Rate (M USD)
Figure 37. Asia Pacific Progress Billing Software Market Size Market Share by Region in 2023
Figure 38. China Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 39. Japan Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 40. South Korea Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 41. India Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 42. Southeast Asia Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 43. South America Progress Billing Software Market Size and Growth Rate (M USD)
Figure 44. South America Progress Billing Software Market Size Market Share by Country in 2023
Figure 45. Brazil Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 46. Argentina Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 47. Columbia Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 48. Middle East and Africa Progress Billing Software Market Size and Growth Rate (M USD)
Figure 49. Middle East and Africa Progress Billing Software Market Size Market Share by Region in 2023
Figure 50. Saudi Arabia Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 51. UAE Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 52. Egypt Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 53. Nigeria Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 54. South Africa Progress Billing Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 55. Global Progress Billing Software Market Size Forecast by Value (2019-2030) & (M USD)
Figure 56. Global Progress Billing Software Market Share Forecast by Type (2025-2030)
Figure 57. Global Progress Billing Software Market Share Forecast by Application (2025-2030)
