Building Information Modeling (BIM) is a 3D visual presentation of a technical drawing that includes the plan, elevation, and section of a building. It gives architects, engineers, and contractors a brief visualization or an overview of the building, and makes it easier to implement and convey the information more precisely. The BIM tool is considered to be one of the game-changing elements in the AEC industry. The high growth potential for building information modeling in emerging markets such as Asia-Pacific and complex structures of the healthcare organizations such as hospitals and medical centers provide new growth opportunities to players in this market.
How Big is The Building Information Modeling (BIM) Market?
According to the Market Research Engine research report, in 2016, the global BIM market was valued at US$ 3 Billion and is anticipated to reach a value of US$ 21 Billion by the end of 2027, exhibiting a significant more than 18% CAGR between 2022 and 2027.
The major driving factors of Building Information Modeling (BIM) Market are as follows:
The major restraining factors of Building Information Modeling (BIM) Market are as follows:
The Major Opportunities in Building Information Modeling (BIM) Market are as follows:
The Major Challenges in Building Information Modeling (BIM) Market are as follows:
The Building Information Modeling (BIM) Market has been segmented as below:
Building Information Modeling Market Analysis, By Type
Building Information Modeling Market, By End User
Building Information Modeling Market, By Vertical
Building Information Modeling Market, By Geography
The Building Information Modeling Market has been segmented based on solution type, end-user, end-use industry, and geography. Based on solution type, the BIM market has been categorized into software and consultancy services. by End-users it covers Architects, Contractors, Engineers and Developers. On the Basis of Verticals: The Building Information Modeling Market (BIM) based on verticals has been segmented into commercial, residential, educational, healthcare, entertainment, industrial, sports, and others. Building Information Modeling Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Building Information Modeling Market and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Building Information Modeling market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
Report scope:
The scope of the report includes a detailed study of Building Information Modeling Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Autodesk Inc., Bentley Systems Inc., AECOM, GRAITEC, Dassault Systemes SA, Nemetschek AG, Tekla Corporation, SynchroSoftware Ltd., Pentagon Solutions Ltd., and Beck Technology Ltd. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Building Information Modeling Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Building Information Modeling Market.
4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in Building Information Modeling (BIM)
4.2 BIM Market –By End User
4.3 BIM Market in the Asia-Pacific Region
4.4 The U.S. Commands the Highest Share in the Building Information Modeling Market
4.5 Global BIM Software and Services Market With Respect to Different Sectors in 2024
4.6 BIM Market, By Region
4.7 Global Building Information Modeling Market By Geography and Vertical,2024
5 Market Overview
5.1 Introduction
5.2 Evolution
5.3 Market Segmentation
5.3.1 Market, By End User
5.3.2 Market, By Type
5.3.3 Market, Byvertical
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Optimized Project Performance and Increased Productivity
5.4.1.2 Enhanced Communication and Coordination Throughout the Asset Lifecycle Management Process
5.4.1.3 Government Mandates for the Usage of BIM in Various Developed Countries
5.4.1 Restraints
5.4.1.1 The High Cost of the Software Required for BIM
5.4.1.2 Long Training Periods Decrease the Productivity of the Company
5.4.2 Opportunities
5.4.2.1 The Growing Demand for Green Buildings
5.4.2.2 Need for Integrated Process for Designing, Collaboration Coordination in the Aec Industry
5.4.3 Challenge
5.4.3.1 The Lack of Information and Awareness About BIM
5.5 Burning Issue
5.5.1 Reluctance of Firms to Adopt BIM From Traditional Processes
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Technology Trends
6.4 Porter’s Five Forces Analysis
6.4.1 Bargaining Power of Suppliers
6.4.2 Bargaining Power of Buyers
6.4.3 Threat of Substitutes
6.4.4 Threat of New Entrants
6.4.5 Degree of Competition
6.5 Strategic Benchmarking
6.5.1 Technology Integration & Product Enhancement
7 Building Information Modeling Market Analysis, By Type
7.1 Introduction
7.2 Software
7.2.1 Architectural Design
7.2.2 Sustainability
7.2.3 Structures
7.2.4 MEP
7.2.5 Construction
7.2.6 Facilities Management
7.3 Services
7.3.1 Project Management Support
7.3.2 Software Support and Maintenance
8 Building Information Modeling Market, By End User
8.1 Introduction
8.2 Construction Managers/General Contractors
8.3 Architects
8.4 Owners
8.5 Engineers
8.6 Others
9 Building Information Modeling Market, By Vertical
9.1 Introduction
9.2 Commercial
9.3 Residential
9.4 Educational
9.5 Healthcare
9.6 Industrial
9.7 Entertainment
9.8 Sports
9.9 Others
10 Building Information Modeling Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 U.K.
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.4 APAC
10.4.1 China
10.4.2 South Korea
10.4.3 Japan
10.4.4 Singapore
10.5 Rest of the World (RoW)
10.5.1 Middle East
10.5.2 Africa
10.5.3 Others
11 Competitive Landscape
11.1 Overview
11.2 Market Share Analysis, BIM Market
11.3 Competitive Situation and Trends
11.3.1 New Product Launches/New Product Developments
11.3.2 Mergers and Acquisitions
11.3.3 Partnerships and Agreements
11.3.4 Expansions
12. Company Profiles:
12.1 Autodesk Inc.
12.2 Bentley Systems Inc.
12.3 AECOM
12.4 GRAITEC
12.5 Dassault Systemes SA
12.6 Nemetschek AG
12.7 Tekla Corporation
12.8 SynchroSoftware Ltd.
12.9 Pentagon Solutions Ltd.
12.10 Beck Technology Ltd.
The Building Information Modeling (BIM) Market has been segmented as below:
Building Information Modeling Market Analysis, By Type
Building Information Modeling Market, By End User
Building Information Modeling Market, By Vertical
Building Information Modeling Market, By Geography
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