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Not sure. In the US there are about 281,400 civil engineers [1]. I couldn't find more detailed information on structural engineers. -Assume about 10% are prac
by ggcdn 10y ago
Not sure.
In the US there are about 281,400 civil engineers [1]. I couldn't find more detailed information on structural engineers.
-Assume about 10% are practicing structural engineers who need to design concrete structures = 28140.
-Assume a company wants 1 license for every 2 engineers = 14070. (I base this off the fact that my company has 6 licenses for 12 engineers, but we may be higher than average)
-Assume we could get 10% market share = 1407 subscribers.
-Assume $1000/subscriber/year = $1,407,000 from the US market
Obviously this isn't a very rigourous analysis.
[1]: http://www.bls.gov/ooh/architecture-and-engineering/civil-engineers.htm http://www.bls.gov/ooh/architecture-and-engineering/civil-en...
- sharemywin 10y agoSo, current market size about 10k * 14,070 = 140M.
- rgovind 10y agoIts at least a structured analysis. Thanks for teaching something today.
- myegorov 10y agoI think this is an overoptimistic view of the size of the market. The field is highly fragmented. A large fraction of structural engineers are contractors or work for smaller firms (think wood design, rather than concrete/steel) and wouldn't be target customers for section analysis and concrete detailing software. An absolute majority of those that work for the larger firms don't require anything more than Excel spreadsheets. From my experience, a typical structural engineer is a rather savvy computer user, often times writing Excel macros or AutoLISP scripts to automate their tasks.