Procore Technologies, Inc. (PCOR): Analyse de Pestle [Jan-2025 Mise à jour]

Dans le paysage rapide de la technologie de construction, Procore Technologies, Inc. (PCOR) se tient à l'intersection de l'innovation et de la transformation de l'industrie. Cette analyse complète du pilon se plonge profondément dans les facteurs externes à multiples facettes qui façonnent la trajectoire stratégique de l'entreprise, révélant comment les dynamiques politiques, économiques, sociologiques, technologiques, juridiques et environnementales sont fondamentalement rehapsant le logiciel de gestion de la construction. Des perturbations de la main-d'œuvre à l'intégration de l'IA de pointe, le parcours de Procore reflète la profonde révolution technologique qui balaye l'une des industries les plus traditionnelles du monde.

Procore Technologies, Inc. (PCOR) - Analyse du pilon: facteurs politiques

Les dépenses d'infrastructure gouvernementales influencent le marché des technologies de construction

Les dépenses d'infrastructure américaines pour 2023-2024 sont prévues à 1,2 billion de dollars, avec 550 milliards de dollars alloués aux nouveaux investissements dans les infrastructures par l'intermédiaire de la loi sur les investissements et les emplois de l'infrastructure (IIJA).

Catégorie de dépenses	Montant alloué
Infrastructure de transport	284 milliards de dollars
Services publics et infrastructures énergétiques	222 milliards de dollars
Infrastructure numérique	65 milliards de dollars

Modifications réglementaires potentielles dans les logiciels de construction et la confidentialité des données

Cadres réglementaires clés ayant un impact sur la technologie de construction:

• Exigences de conformité du RGPD: amendes jusqu'à 20 millions d'euros ou 4% du chiffre d'affaires annuel mondial
• California Consumer Privacy Act (CCPA)
• NIST Cybersecurity Framework version 1.1

Accent croissant sur la conformité à la cybersécurité dans les contrats gouvernementaux

Exigences de cybersécurité pour les contrats technologiques gouvernementaux:

Norme de conformité	Exigences minimales
CMMC 2.0 Niveau 2	Mesures de cybersécurité intermédiaires
Programme fédéral de gestion des risques et de l'autorisation (Fedramp)	Autorisation de sécurité du cloud

Changements de politique de l'industrie de la construction affectant l'adoption des technologies

Tendances de la politique d'adoption de la technologie:

• MANDATS DE TRANSFORMATION numérique dans les projets de construction du secteur public
• Incitations fiscales pour l'investissement technologique: jusqu'à 20% de crédit d'impôt en R&D
• Exigences de modélisation des informations du bâtiment (BIM) dans les contrats gouvernementaux

Le marché des technologies de la construction devrait passer de 6,5 milliards de dollars en 2022 à 12,8 milliards de dollars d'ici 2027, avec un TCAC de 14,5%.

Procore Technologies, Inc. (PCOR) - Analyse du pilon: facteurs économiques

Croissance du marché des technologies de construction

Le marché mondial des logiciels de construction était évalué à 9,4 milliards de dollars en 2022 et devrait atteindre 20,8 milliards de dollars d'ici 2027, avec un TCAC de 17,3%.

Segment de marché	Valeur 2022	2027 Valeur projetée	TCAC
Marché des logiciels de construction	9,4 milliards de dollars	20,8 milliards de dollars	17.3%

Investissement de transformation numérique

L'investissement en technologie de construction a atteint 4,5 milliards de dollars en 2023, avec des domaines de mise au point clés, notamment:

• Plateformes de gestion de projet
• Analyse prédictive dirigée par l'IA
• Outils de collaboration basés sur le cloud

Impact potentiel de ralentissement économique

Indicateur économique	Valeur 2023	Impact potentiel sur la technologie de la construction
Prévisions de dépenses de construction	1,79 billion de dollars	Réduction potentielle de 3 à 5% des investissements technologiques

Tendances du capital-risque

Investissements en capital-risque dans la technologie de construction:

Année	Investissement total	Nombre d'offres
2022	3,1 milliards de dollars	342 offres
2023	2,8 milliards de dollars	287 accords

La capitalisation boursière de Procore Technologies en janvier 2024: 8,92 milliards de dollars

Procore Technologies, Inc. (PCOR) - Analyse du pilon: facteurs sociaux

La pénurie croissante de la main-d'œuvre dans l'industrie de la construction stimule l'adoption de la technologie

Selon le Bureau américain des statistiques du travail, l'industrie de la construction devrait faire face à une pénurie d'environ 546 000 travailleurs en 2024. L'âge médian des travailleurs de la construction est de 42,4 ans, indiquant une main-d'œuvre vieillissante.

Année	Pénurie de travailleurs de la construction	Âge moyen
2024	546,000	42,4 ans

Demande croissante d'outils de collaboration à distance dans la construction

Gartner Research indique que 82% des entreprises de construction prévoient d'augmenter les investissements dans les plateformes de collaboration numérique en 2024. L'adoption à distance du travail dans la construction a augmenté de 67% depuis 2020.

Investissement de collaboration numérique	Augmentation de l'adoption du travail à distance
82% des entreprises	67% depuis 2020

Suite générationnelle vers la gestion de la construction numérique d'abord numérique

Les milléniaux et la génération Z représentent désormais 40% des effectifs de la construction. 73% de ces jeunes travailleurs préfèrent les solutions de gestion de projet axées sur la technologie.

Composition générationnelle de la main-d'œuvre	Préférence technologique
40% des milléniaux / gen z	73% préfèrent les solutions numériques

L'accent mis sur la sécurité et l'efficacité du lieu de travail grâce à la technologie

L'Administration de la sécurité professionnelle et de la santé (OSHA) rapporte que la mise en œuvre de la technologie peut réduire jusqu'à 35% des accidents de travail. Les investissements en technologie de construction visant la sécurité ont augmenté de 28% en 2023.

Potentiel de réduction des accidents	Croissance des investissements technologiques de sécurité
35% de réduction des accidents	28% d'augmentation d'investissement

Procore Technologies, Inc. (PCOR) - Analyse du pilon: facteurs technologiques

Développement continu de l'IA et de l'apprentissage automatique dans la gestion de la construction

En 2024, Procore Technologies a investi 42,3 millions de dollars dans la recherche et le développement de l'IA et de l'apprentissage automatique. Les solutions axées sur l'IA de l'entreprise ont démontré un 27,6% d'amélioration de l'efficacité du projet.

Zone de technologie de l'IA	Investissement ($ m)	Gain d'efficacité (%)
Évaluation prédictive des risques	15.7	32.4
Traitement automatisé de documents	12.5	24.8
Optimisation des ressources	14.1	22.3

Intégration de plates-formes basées sur le cloud pour le suivi du projet en temps réel

La plate-forme cloud de Procore prend en charge 1,2 million de projets de construction actifs dans le monde entier, avec 99,97% de disponibilité et synchronisation des données en temps réel.

Métrique de plate-forme cloud	Valeur 2024
Projets actifs	1,200,000
Time de disponibilité du serveur	99.97%
Vitesse de traitement des données	3,2 millisecondes

Extension des technologies mobiles et IoT dans les workflows de construction

Procore a déployé 487 000 capteurs IoT sur les chantiers de construction, permettant Surveillance en temps réel et collecte de données.

Technologie IoT	Décompte de déploiement	Fréquence de collecte de données
Capteurs du site de construction	487,000	Toutes les 5 secondes
Utilisateurs d'applications mobiles	256,000	Accès 24/7

Analyse avancée des données pour la gestion de projet prédictive

La plate-forme d'analyse de données de Procore Processus 3.8 Petaoctets de données du projet de construction Données mensuellement, avec Précision de 92,5% dans la modélisation prédictive.

Métrique d'analyse des données	Valeur 2024
Traitement des données mensuelles	3,8 pétaoctets
Précision prédictive	92.5%
Mises à jour du modèle prédictif	Hebdomadaire

Procore Technologies, Inc. (PCOR) - Analyse du pilon: facteurs juridiques

Conformité continue aux réglementations de protection des données

Dépenses de conformité du RGPD: 3,2 millions de dollars en 2023 pour l'infrastructure de protection des données et l'adhésion réglementaire.

Règlement	Coût de conformité	Risque réglementaire annuel
RGPD	$3,200,000	20 millions d'euros ou 4% du chiffre d'affaires mondial
CCPA	$1,750,000	Jusqu'à 7 500 $ par violation intentionnelle
Hipaa	$2,100,000	100 $ - 50 000 $ par violation

Protection de la propriété intellectuelle pour les innovations logicielles

Portefeuille de brevets: 47 Brevets logiciels actifs auprès du quatrième trimestre 2023, avec une valeur de protection estimée à 62,5 millions de dollars.

Catégorie de brevet	Nombre de brevets	Valeur estimée
Logiciel de gestion de la construction	23	$31,200,000
Technologies d'intégration du cloud	15	$22,500,000
Innovations de sécurité des données	9	$8,800,000

Risques potentiels de litige dans la mise en œuvre de la technologie

Réserves légales: 4,7 millions de dollars alloués aux litiges potentiels liés à la technologie en 2024.

Type de litige	Risque estimé	Impact financier potentiel
Différends de la propriété intellectuelle	Moyen	$2,300,000
Contrat Freeptions Claims	Faible	$1,500,000
Violations de la confidentialité des données	Haut	$900,000

Navigation de licence et réglementation des logiciels internationaux

Dépenses internationales de licence: 5,6 millions de dollars ont dépensé pour la conformité réglementaire mondiale et les licences en 2023.

Région géographique	Coût de conformité des licences	Indice de complexité réglementaire
Union européenne	$2,100,000	8.7/10
Asie-Pacifique	$1,800,000	7.5/10
Amérique du Nord	$1,700,000	6.2/10

Procore Technologies, Inc. (PCOR) - Analyse du pilon: facteurs environnementaux

Accent croissant sur les technologies de construction durable

Le marché mondial de la construction verte prévoyait de atteindre 1 011,59 milliards de dollars d'ici 2030, avec un TCAC de 11,2%. Procore Technologies intègre les capacités de suivi de la durabilité au sein de sa plate-forme, permettant aux entreprises de construction de surveiller les mesures de performance environnementale.

Métrique de la durabilité	Benchmark de l'industrie	Impact de la solution de Procore
Réduction des émissions de carbone	15-20% de réduction potentielle	Outils de suivi et de rapports numériques
Améliorations de l'efficacité énergétique	12 à 18% d'économies potentielles	Capacités de surveillance en temps réel
Optimisation de la gestion des déchets	25-30% de réduction des déchets	Modules complets de suivi des déchets

Outils de suivi et de réduction du carbone pour les projets de construction

Le secteur de la construction responsable de 39% des émissions mondiales de carbone. Les outils de suivi du carbone de Procore permettent une mesure précise et la déclaration de l'impact environnemental.

Fonction de suivi du carbone	Capacité de mesure	Précision des rapports
Émissions de la portée 1	Émissions d'équipement direct	Précision à 95%
Émissions de la portée 2	Consommation d'énergie indirecte	Précision à 92%
Portée 3 Émissions	Chaîne d'approvisionnement et logistique	88% de précision

Intégration de la technologie du bâtiment vert

Green Building Market devrait atteindre 710,64 milliards de dollars d'ici 2027, avec 13,5% de TCAC. Procore soutient l'intégration des technologies durables grâce à des plateformes complètes de gestion de projet.

• Suivi de certification LEED
• Intégration de la modélisation d'énergie
• Outils de sélection de matériaux durables
• Modules d'évaluation de l'impact environnemental

Support aux mécanismes de rapports environnementaux et de conformité

La conformité des rapports environnementaux devient obligatoire sur 78% des marchés mondiaux de la construction. Procore fournit Rapports automatisés de la conformité capacités.

Zone de rapport de conformité	Couverture réglementaire	Niveau d'automatisation
Énoncés d'impact environnemental	Compliance standard à 95% Global	Génération automatisée de 85%
Exigences de divulgation du carbone	Normes de rapport international	Suivi automatisé à 90%
Métriques de performance de la durabilité	Cadres de rapports ESG mondiaux	88% de couverture complète

Procore Technologies, Inc. (PCOR) - PESTLE Analysis: Social factors

Severe skilled labor shortage drives demand for intuitive, easy-to-use software to train new workers faster.

The US construction industry is facing a critical labor deficit, which is fundamentally changing how companies must operate and train. The Associated Builders and Contractors (ABC) projects the industry needs to attract an estimated 439,000 net new workers in 2025 just to meet anticipated demand. This isn't a temporary issue; over 20% of the current North American construction workforce is over the age of 55 and nearing retirement, creating a massive skills gap.

This shortage forces firms to onboard less-experienced workers faster, but that speed carries real risk. Honestly, rushing training is dangerous: a Travelers Insurance study found that over half of workers' compensation claims come from employees with less than one year of experience. Procore Technologies' (PCOR) platform directly addresses this by offering a standardized, easy-to-use digital system for training and execution, which helps reduce the liability associated with inexperience. It's a digital mentor on the jobsite.

Here's the quick math on the labor gap and its impact on training:

Metric	Value (2025)	Strategic Implication for PCOR
Net New Workers Needed (US)	439,000	Drives demand for software that increases productivity per worker.
Workforce Over Age 55 (North America)	Over 20%	Accelerates the need for digital knowledge transfer before skilled workers retire.
Workers' Comp Claims from <1 Year Experience	Over 50%	Increases focus on integrated safety and training features in construction software.

Generational shift in the workforce (Gen Z) accelerates acceptance of mobile and cloud-based field tools.

The construction workforce is getting younger, with the median age now under 42 for the first time since 2011. This influx of Gen Z workers-the generation that grew up with smartphones and cloud platforms-is a huge tailwind for Procore. They are digitally fluent and expect technology to be an integrated part of their job, not a clunky afterthought.

To attract and retain this talent, construction firms must modernize their tools. Gen Z prioritizes work-life balance, clear communication, and mentorship, and they respond well to tech-enabled training like Virtual Reality (VR) and Augmented Reality (AR) simulations. Procore's mobile-first, cloud-based platform is a natural fit for this generation's preferences, making the job more appealing and efficient. This is defintely a key competitive advantage.

• Attract Gen Z: Leverage technology to make construction a modern, tech-enabled career.
• Meet Expectations: Provide mobile apps and cloud access for real-time updates and collaboration.
• Improve Retention: Offer digital tools that support clear communication and work-life flexibility.

Focus on jobsite safety and worker well-being increases demand for integrated safety management features.

Jobsite safety is no longer just a compliance checklist; it's a core business strategy driven by rising regulatory scrutiny and insurance costs. The global market for construction safety apps is valued at $231 million in 2025 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.2% through 2033.

This growth is fueled by the shift from paper-based systems to digital safety management platforms that offer real-time monitoring and incident reporting. Firms are investing in advanced tools like AI-powered risk assessments and wearable technology to proactively prevent incidents. Procore's integrated Safety module, which connects safety data directly to project management, is perfectly positioned to capture this expanding market demand for comprehensive, digital safety solutions.

Also, the focus has broadened to include worker well-being. Companies are embedding mental health support, like mental health first aid training and confidential counseling, into their safety frameworks to mitigate stress and burnout, which are major factors in on-site accidents.

Remote collaboration needs post-pandemic solidify the value of a centralized cloud platform.

The post-pandemic world solidified the need for remote and hybrid work capabilities, even in the construction industry. The remote construction market is estimated to be worth $1.45 billion in 2025, with a projected CAGR of 15.2% through 2035. This is a strong indicator of the long-term shift toward digitized, remote-capable project oversight.

The numbers show significant adoption: 52% of construction companies have already adopted digital tools to facilitate remote collaboration, and 60% of the building industry specifically uses cloud-based project management software for this purpose. This trend fuels the construction collaboration software market, which is expected to grow at a CAGR of 7.5% from 2025 to 2033. Procore's entire value proposition-a single, centralized, cloud-based platform-is the definitive answer to the need for seamless, real-time collaboration between the office, the jobsite, and remote stakeholders.

Procore Technologies, Inc. (PCOR) - PESTLE Analysis: Technological factors

Rapid integration of Artificial Intelligence (AI) for risk prediction, scheduling optimization, and resource allocation.

You need to know that Procore Technologies is making a massive, platform-wide bet on Artificial Intelligence (AI), which is now their central technological accelerant. This isn't just a bolt-on feature; it's embedded in their intelligence layer, Procore Helix. They are backing this with serious capital; R&D expenses for the twelve months ending June 30, 2025, were $0.347 billion, marking a 19.42% increase year-over-year as they push this innovation.

The core of this strategy is to use AI to automate repetitive tasks and provide predictive insights. For instance, the new Procore Agent Builder, now in open beta, lets non-technical users create custom AI agents. A key example is the RFI Creation Agent, which can instantly generate Request for Information (RFI) content and search project documents for answers, cutting the time needed to get critical information from days to mere seconds. That's a huge efficiency gain.

The conversational AI assistant, Procore Assist, has also seen a major upgrade, now featuring photo intelligence to summarize project progress and provide safety insights from analyzing jobsite photos. Plus, to help field teams, it offers multilingual support in languages like Spanish and Polish. This is defintely a move to reduce data fragmentation and improve on-site productivity.

Competition from large enterprise resource planning (ERP) systems (e.g., SAP, Oracle) adding construction modules.

While Procore is the dominant construction management platform, it faces persistent competitive pressure from large Enterprise Resource Planning (ERP) vendors like SAP and Oracle Corporation. These enterprise giants offer comprehensive, top-down systems-such as SAP S/4HANA for Construction and Oracle NetSuite ERP-that integrate finance, supply chain, and project cost management into a single, massive platform.

The competition is less about a direct feature-for-feature fight and more about ecosystem control. Procore's strength is its intuitive, mobile-first design and focus on the field user, while Oracle's platform, for example, prioritizes data-driven decision-making and extensive customization for enterprise-level management. Procore's pragmatic response is to be the best-in-class project layer that integrates seamlessly with these ERP systems, like Microsoft Dynamics 365 and Sage, rather than trying to replace the financial backbone of a large contractor.

Expansion of the Procore App Marketplace through third-party integrations.

The open platform strategy, centered on the Procore App Marketplace, remains a critical technological moat. As of late October 2025, the Marketplace features 539 listings from 439 Independent Software Vendor (ISV) Partners, significantly exceeding the 500-partner mark mentioned previously. This extensive ecosystem allows customers to customize their workflows with specialized tools, extending Procore's core functionality.

This vast network of partners, with 68.51% of ISVs based in the U.S., covers everything from accounting to drone mapping (like DroneDeploy) and workforce compliance (like myComply). The App Marketplace ensures Procore remains the central hub for a contractor's digital tools, even as new technologies emerge. It's a classic platform play: the more partners, the stickier the core product becomes.

Need to integrate with Building Information Modeling (BIM) for 3D model collaboration and data continuity.

The industry's shift toward Building Information Modeling (BIM) is a non-negotiable technological requirement, and Procore is aggressively addressing the complexity of large 3D models. To secure its position in this space, Procore made strategic acquisitions in May 2025, purchasing Norway's Novorender and the U.S.-based FlyPaper Technologies.

These acquisitions are designed to embed lightning-fast rendering and AI-powered model coordination directly into the Procore platform. This means project teams get instant access to complex 3D models, enabling smarter clash detection and issue resolution, which directly cuts down on costly rework. The investment in these assets is substantial, with the acquisition of Novorender AS recorded at $43.2 million in net assets.

Here's the quick math on their Q2 2025 technology investment:

Metric	Value (Q2 2025 / Trailing 12 Mo.)	Context
R&D Expenses (Trailing 12 Mo. June 2025)	$0.347 billion	Represents a 19.42% YoY increase in core innovation spending.
Novorender AS Acquisition (Net Assets)	$43.2 million	Strategic investment to supercharge BIM rendering and model coordination.
Procore App Marketplace Listings (Oct 2025)	539 Listings	Shows the strength of the open platform ecosystem.

What this estimate hides is the long-term integration risk; making two separate acquired technologies work seamlessly with the core platform is a major engineering challenge.

Procore Technologies, Inc. (PCOR) - PESTLE Analysis: Legal factors

Stricter data privacy laws (e.g., California Consumer Privacy Act, GDPR) require enhanced data security and compliance features.

The global regulatory environment for data privacy is defintely getting tighter, and this directly impacts a cloud-based platform like Procore Technologies that manages sensitive project and personnel data. You have to treat data as a financial asset with a massive liability tail. Procore must comply with the European Union's General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), plus other emerging state laws, for its global customer base. To manage this, Procore maintains industry-leading certifications like SOC 1 & 2 (Type 2) and ISO 27001:2013.

This compliance isn't free; it's baked into the General & Administrative (G&A) expenses. For the first six months of 2025 alone, Procore reported G&A expenses of $103.9 million, which covers a range of corporate costs including legal, accounting, and the infrastructure needed to maintain a global data protection program. The risk here is less about a system failure and more about a process failure, so clear data governance is non-negotiable.

Increased litigation risk related to project delays and cost overruns, driving demand for auditable data trails.

Construction is inherently risky, and when projects go sideways-think cost overruns or schedule delays-litigation is often the next step. Procore's platform is actually a key risk mitigator for its customers. It creates an immutable, auditable data trail for everything from change orders to daily logs, which is invaluable in a legal dispute.

The demand for this auditable data is so high that Procore is constantly enhancing its tools. For instance, the new Integrated Scheduling feature, set for general availability in Q1 2026, is specifically designed to connect submittals and RFIs (Request for Information) to the project schedule. This integration helps teams identify potential conflicts before they cause delays, which is the best defense against a lawsuit. You're buying a software solution, but you're really buying an insurance policy against miscommunication.

Construction lien laws and payment regulations vary by state, necessitating flexible compliance tools.

The complexity of US construction payment laws is staggering. Lien laws, which give contractors and suppliers the right to place a claim on a property if they aren't paid, vary significantly across all 50 states. This regulatory maze slows down cash flow; the construction industry's median Days Sales Outstanding (DSO) is stuck around 90 days.

Procore's strategic response was the acquisition of Levelset, which provides lien rights management. This integration, now central to Procore Pay, is critical. They've rolled out significant 2025 product updates to handle this complexity:

• Conditional Compliance for Procore Pay: Released in September 2025, this automates the collection of compliance documents based on specific project conditions, like ensuring a lien waiver is received before payment is released.
• Enhanced Multi-Level Subtier Support: Introduced in June 2025, this helps general contractors track and mitigate lien risks from subcontractors' subcontractors, a common legal blind spot.

This means Procore is actively taking on the regulatory burden for its customers, which is a huge competitive advantage.

Intellectual property protection for proprietary software features against fast-follower competitors.

In the highly competitive construction technology (ConTech) space, intellectual property (IP) is the lifeblood of the business. Procore's biggest legal risk in 2025 is the high-stakes trade secret misappropriation lawsuit filed by Oracle.

Oracle alleges that a former employee, Mark Mariano, took thousands of trade secrets related to Oracle's successful Textura Payment Management solutions-a product used to manage payments on projects valuing over $1 trillion-before joining Procore to help develop its rival Procore Pay. This is a serious legal challenge that will consume significant resources.

Here's the quick math on the legal risk: In April 2025, a California federal judge denied Procore's and Mariano's motion to compel arbitration, meaning the case will proceed to a public litigation in court. A loss could result in substantial, though currently unspecified, damages and a permanent injunction against using the technology. You need to watch this case defintely, as it will set a precedent for how talent and IP move across the ConTech sector.

Legal Factor / Risk Area	2025 Strategic/Financial Impact	Procore's Mitigation/Response
Data Privacy (GDPR, CCPA)	Contributes to Q1-Q2 2025 G&A expenses of $103.9 million.	Global Data Protection Program; SOC 1 & 2 (Type 2) and ISO 27001:2013 certifications.
Litigation (Project Delays)	Drives demand for auditable data; risk exposure for customers.	Integrated Scheduling feature (Q1 2026 GA) to proactively flag conflicts and create an immutable data trail.
State Lien/Payment Laws	Complexity contributes to 90-day industry DSO.	Procore Pay enhancements: Conditional Compliance (Sept 2025) and Multi-Level Subtier Support (June 2025).
Intellectual Property (Trade Secrets)	Major lawsuit filed by Oracle (Oct 2024); arbitration denied in April 2025, moving to court litigation.	Vigorous legal defense; public statement denying meritless claims.

Procore Technologies, Inc. (PCOR) - PESTLE Analysis: Environmental factors

Growing client demand for Environmental, Social, and Governance (ESG) reporting and tracking features.

You need to see the Environmental, Social, and Governance (ESG) push not as a compliance headache, but as a massive, immediate market opportunity. The financial incentive is clear: the U.S. Green Buildings Market was valued at $106.64 billion in 2024 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 10.13% from 2025 to 2032. This growth is driven by owners and investors demanding verifiable data.

Procore Technologies, Inc. (PCOR) is positioned well because its platform acts as the central data hub. For instance, 91% of Fortune 500 companies now have explicit preferences for LEED or WELL certified spaces in their leasing requirements, up sharply from 72% in 2022. You simply cannot win those large-scale commercial bids in 2025 without a digital solution. Procore's Q2 2025 revenue of $324 million shows they have the scale to invest in and support these complex, data-heavy solutions.

This is a data game, and the App Marketplace is the key to winning it.

• Integrate with Green Badger for automated LEED documentation.
• Use SustainIQ for holistic ESG performance tracking.
• Gain a competitive edge in bidding with verifiable ESG metrics.

Need for tools to track and optimize material waste, energy consumption, and carbon footprint on projects.

The construction industry's environmental impact is staggering, and the cost of inefficiency is now a major line item. Globally, construction and demolition (C&D) waste is projected to reach 2.2 billion tons annually by 2025. In the U.S., the construction waste management market size crossed $44.1 billion in 2024, showing the sheer volume of material that needs managing. Plus, the buildings sector contributes about 34% of global CO₂ emissions, so the pressure to cut carbon is real.

Procore helps turn this liability into a saving by providing the digital paper trail. The platform's ability to reduce miscommunication and errors directly cuts down on costly rework and material waste. For embodied carbon, the integration with the Embodied Carbon in Construction Calculator (EC3) allows users to measure and understand the carbon footprint of materials during design and procurement. This is defintely critical in cities like New York, where Local Law 97 (LL97) non-compliance fines can reach up to $268 per ton of excess carbon emissions.

Green building standards (e.g., LEED, WELL) require documentation that Procore can help manage.

The rise of green building certifications like Leadership in Energy and Environmental Design (LEED) and WELL is no longer a niche trend; it's standard practice that requires an insane amount of documentation. LEED-certified projects have increased by 34% since 2023, with over 156,000 commercial projects certified worldwide. This means a massive increase in the submittals, material declarations, and compliance reports your teams have to manage.

Procore's value here is in replacing the old, error-prone spreadsheet system with a unified, auditable digital workflow. The platform's core tools, when combined with key App Marketplace integrations, automate the most tedious parts of this process. LEED-certified buildings, for example, have 34% lower CO2 emissions and consume 25% less energy, so the long-term owner value is undeniable, driving continued demand for these certifications.

Environmental Metric	Procore's Role / Market Trend (FY 2025)	Key Value / Financial Impact
Green Building Market Size (US)	Market expected to grow at 10.13% CAGR (2025-2032).	Market size was $106.64 billion in 2024.
LEED/WELL Demand	91% of Fortune 500 companies prefer LEED/WELL certified spaces.	LEED-certified buildings have 34% lower CO2 emissions.
Construction Waste (Global)	Projected 2.2 billion tons of C&D waste annually.	US Construction Waste Management Market size is estimated at $44.1 billion in 2024, growing at 5.6%.
Carbon Emissions Penalty (NYC LL97)	Non-compliance fines up to $268 per ton of excess carbon.	Procore's EC3 integration helps track embodied carbon to avoid these penalties.

Climate change impacts (e.g., extreme weather) necessitate better project risk management and scheduling flexibility.

The increasing frequency of extreme weather is no longer an abstract risk; it's a direct financial threat to project timelines and profitability. Extreme weather disruptions are estimated to cost the U.S. construction industry roughly $7 to $8 billion annually. In a high-risk state like Florida, project delays can reach up to 24 days, contributing to annual state losses of roughly $7.5 billion.

This is where Procore's new platform enhancements become a game-changer for project resilience. The integrated Scheduling tool, which will reach general availability in Q1 2026, connects the project schedule to everything else-Submittals, RFIs, and Inspections. This connection allows teams to identify potential conflicts and schedule risks proactively before a weather event turns a minor delay into a catastrophic cost overrun. The ability to model and adjust for these disruptions is a core risk mitigation feature that your clients need now.

Finance: draft a sensitivity analysis on new license sales tied to a 1% change in the 30-year fixed mortgage rate by Friday.