Building Information Modeling (BIM)

Global Building Information Modeling Market is valued at USD 3.53 Billion in 2018 and expected to reach USD 11.51 Billion by 2025 with a CAGR of 15.9 % over the forecast period. Growing digitization in building sector, increase in IT investments and growing government acceptance of BIM leading to a huge need of Building Information Modeling (BIM).


Scope of Global Building information modeling Market Report–

The global building information model (BIM) is a process followed by different technologies as well as tools. The model gives deep analysis of the BIM market by value and segments. Building information model is a file which can be interchanged, extracted and networked to give support to decision making related built assets. The model represents a structure as the combination of objects-vague and non-defined product-specific, generic, solid shape oriented which carries the geometry, attributes and relations. It is a software technology that provides 3D, 4D, 5D virtual view of a building before its construction. The major advantage of this model is that it can be ingress by number of users from various locations on one same document. Conventional infrastructural design is majorly depend on 2D technical drawings and further extends it beyond 3D, augmenting three spatial dimensions with time the 4D and cost is referred as 5D. The BIM model covers geographical information, contiguous relationships, light analysis, quantities and properties of infrastructural components.

Global building information modeling market report is segmented on the basis of solution, verticals, end-users and regional and country level. Based on solution, global building information market is segmented into software and services. Based on verticals, the global building information modeling market is segmented into commercial, residential, educational, healthcare, entertainment, sports, industrial and others. Based on end-users, market is segmented into contractors, engineers, developers and architect. 

The regions covered in this Global Building information modeling Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Global Building information modeling  is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Key Players for Global Building Information Modeling Market Report- Some major key players for global Building information modeling Market are Autodesk Inc., Bentley systems Inc., AECOM, GRAITEC, Pentagon solutions Ltd., Tekla Corporation, Beck Technology Ltd., Dassault  systems, and others.

Global Building Information Modeling Market Dynamics – The market has shown a lucrative growth in past few years and is anticipating to grow notably owing to the increase in outlay and investment in the building industry, growing digitization in building sector, increase in IT investments and growing government acceptance of BIM by various countries. BIM is a 3D model based process engineering, architecture, and construction professionals perception for more efficient planning, designing, constructing and managing infrastructure and can be accessible from mobile, PCs, smartphones. Coordination between various stakeholders, improved communications through data, high construction productivity and obligatory initiatives taken by the government in the support of BIM for various developed countries. Also, optimization in project performance, increasing productivity, enhanced communication, coordination in the asset lifecycle  management process are the major factors which supplementing market growth. Construction activities such as planning, designing, building and, management are the major tools who facilitate to save time, money, and to simplify the try for development of a standardized BIM model. 

Cloud based software is likely to get the highest share in BIM market outstanding to easy access and cost effectiveness nature to the on-premise structure. The model authorizes association between owners and design firms reduce rework, errors and cost decreases the duration of project and faster client approval on designs. Due to its profitable advantage, BIM market is running swiftly towards growth.

However, the huge cost of software which is required for the BIM and the lengthy time slot for implementation can leads to decrease the productive ability of the company. Moreover, green buildings have the growing demands for the BIM and the obligatory need for integrated process of designing coordination and collaboration in the industries which can create significant revenue opportunities during the forecast period. 

Geographically, this report split global into several key Regions, revenue (Million USD) the geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Building Information Modeling Market. 

Key Benefits for Building Information Modeling Market Reports 
• Global market report covers in-depth historical and forecast analysis.
• Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
• Global market report helps to identify opportunities in market place.
• Global market report covers extensive analysis of emerging trends and competitive landscape.
 
Global Building Information Modeling Market Segmentation:- 
By Solution:
•	Software
•	services

By Verticals:
•	Commercial
•	Sports
•	Industrial
•	Residential
•	Entertainment
•	Educational
•	Healthcare
•	others

By End Users:
•	contractors
•	engineers
•	developers
•	architect
•	others

By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o France
o Germany
o Russia
o Rest of Europe
• Asia-Pacific
o China
o South Korea
o India
o Japan
o Rest of Asia-Pacific
• Latin America
o Brazil
o Mexico
o Rest of Latin America
• Middle East and Africa
o GCC Countries
o Africa
o Rest of Middle East and Africa

Global Building Information Modeling Market Regional Analysis-  The global building information modeling market is segmented into North America, Europe, Asia-Pacific and Rest of the World (ROW). North America and Europe are anticipated to account for the largest market size and share in the near future of the global market. This is because of the growing population which is raising the demand in residential sector and different governments are giving inducements for the growth of the huge, well developed and established BIM market. Also, the contractors in these regions are aware of the benefits of this model.  In US the model is specially used for the Government projects. In Canada the BIM model is used to construct smart Canada. Asia-Pacific region is anticipated to capture the significant share in this market owing to the increment in the market is elevated for the construction industries in the countries like china and India. Smart-cities is the Government aided scheme who plans to develop 100 cities with renovated infrastructure in the country. Moreover, China is handling different and new infrastructure projects and within next 10 years China is planning to move around 250 million crowed into country’s growing metro cities heading in the demand for commercial and residential infrastructure.  

Building Information Modeling Market Key Players:
• Autodesk Inc.
• Nemetschek SE
• Trimble Navigation Limited
• Bentley System Inc.
• Asite Ltd. 
• AVEVA
• RIB Software AG 
• Dassault Systèmes 
• Archidata Inc. 
• Intergraph Corporation
• Beck Technology, Ltd.
• Computers and Structures Inc. 
• Robert McNeel & Associates
• Cadsoft
• Others 

This comprehensive report will provide:

• Enhance your strategic decision making
• Assist with your research, presentations and business plans
• Show which emerging market opportunities to focus on
• Increase your industry knowledge
• Keep you up-to-date with crucial market developments
• Allow you to develop informed growth strategies
• Build your technical insight
• Illustrate trends to exploit
• Strengthen your analysis of competitors
• Provide risk analysis, helping you avoid the pitfalls other companies could make
• Ultimately, help you to maximize profitability for your company.

Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2017?
• How will each segment grow over the forecast period and how much revenue will these segment account for in 2025?
• Which region has more opportunities?

Interested in this report?

Get your sample now!

Download Sample