Building Information Modeling Market- Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2028

Report Description

A recent market intelligence report that is published by Data Insights Partner on the global Building Information Modeling Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Building Information Modeling Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Building Information Modeling Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Building Information Modeling Market is offered. In accordance with the report, the global Building Information Modeling Market is projected to expand at a CAGR of 12.5% over the period of forecast.

Market Insight, Drivers, Restraints& Opportunity of the Market:

Building Information Modeling is the complete process ranging from preconstruction phase to the operation phase. Preconstruction is known as the first phase. This preconstruction phase consists of visualization, programming, conceptualization, cost planning, structural, architectural, system design, analysis, coordination, detailing & specification. As the majority of the project information about  project planning & execution is being provided in this particular phase owners, architects, contractors & engineers can easily envisage the entire project. Preconstruction phase mostly consists of developing the BIM models, clash discovery & BIM co-ordination, & extraction of the 2D drawings.

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BIM is very widely used in the building applications for the purpose of reducing the cost overrun & time overrun, which in real time may help in terms of reducing delays in the BIM project. With the help of different tools like 3D modeling & clash detection, it truly helps in efficient plan, design, construct & manage buildings. Buildings account for the larger share of BIM market in comparison with any other type of application due to the increasing number of buildings or the construction project, along with the business centers, shopping center, & the retail shops. It is one step forward in terms of leveraging BIM towards the state-of-the-art presentation of the projects in form of informative & simulations models.

Segment Covered:

Based on Type, the Building Information Modeling market has been classified into the following segments:

  • Software

o   Architectural Design

o   Sustainability

o   Structure

o   MEP

o   Construction

o   Facility Management.

o   Services

  • Software Support and Maintenance
  • Project Management and Support

Based on the Project Life Cycle, the Building Information Modeling market has been classified into the following segments:

  • Preconstruction
  • Construction
  • Operations

Based on the Applications, the Building Information Modeling market has been classified into the following segments:

  • Buildings
  • Industrial
  • Civil Infrastructure
  • Oil & Gas
  • Utilities
  • Others

Based on the End-User, the Building Information Modeling market has been classified into the following segments:

  • AEC
  • Consultants and Facility Managers
  • Others

Based on Regions, the Building Information Modeling market has been classified into the following:

  • North America (the U.S., Canada),
  • Latin America (Brazil, Mexico, Argentina and other countries),
  • Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
  • Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
  • Middle East and Africa (GCC, South Africa, Israel and Other countries).

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Profiling of Market Players:

This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as Autodesk ; Nemetschek ; Bentley Systems ; Trimble ; Dassault Systèmes ; RIB ; Asite ; AVEVA ; Hexagon ; Archidata ; Pöyry ; Beck Technology ; Computers and Structures; Robert McNeel & Associates ; 4M Company ; CCT International.Moreover, parameters such as Building Information Modeling related investment & spending and developments by major players of the market are tracked in this global report.


Report Highlights:

In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, IGR-Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2019-2027. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.

Salient Features:

Ø This study offers comprehensive yet detailed analysis of the Building Information Modeling Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking into account 2018 as the base year

Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market

Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook

Ø Profiling of key market players in the world Building Information Modeling Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview

Ø Leading market players covered this report comprise names such as Autodesk ; Nemetschek ; Bentley Systems ; Trimble ; Dassault Systèmes ; RIB ; Asite ; AVEVA ; Hexagon ; Archidata among others

Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation

Ø The world market for Building Information Modeling caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Building Information Modeling Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants

Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports

Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation

Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion

Reasons to buy:

v Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the Building Information Modeling Market

v Identification of key factors driving investment opportunities in the Building Information Modeling Market

v Facilitate decision-making based on strong historic and forecast data

v Position yourself to gain the maximum advantage of the industry’s growth potential

v Develop strategies based on the latest regulatory events

v Identify key partners and business development avenues

v Respond to your competitors’ business structure, strategy and prospects

v Identify key strengths and weaknesses of important market participants

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