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Building Information Modeling Market by Type (Software, Services), Application (Buildings, Civil Infrastructure, Industrial, Oil & gas), End-User (AEC, Contractors and Facility Managers)- Global Forecast to 2024

According to Market Study Report, Building Information Modeling Market provides a comprehensive analysis of the Building Information Modeling Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Building Information Modeling Market.

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The Building Information Modeling Market size is projected to grow from USD 4.9 Billion in 2019 to USD 8.9 Billion by 2024,with a CAGR of 12.7%.

Top Companies Profiled in the Building Information Modeling Market:

  • Autodesk (US)
  • Nemetschek (Germany)
  • Bentley Systems (US)
  • Trimble (US)
  • Dassault Systèmes (France)
  • RIB (Germany)
  • Asite (UK)
  • AVEVA (UK)
  • Hexagon (Sweden)
  • Archidata (Canada)

BIM services comprise services related to infrastructure modeling to architects, engineers, general contractors, and developers. In addition, BIM services include the provision of detailed engineering of a project, which helps in improving the quality of buildings, reducing their designing and maintaining costs, and sharing information more effectively among building owners, design teams, contractors, and facility managers.

Due to rising trends in digitization across industries, BIM is gaining popularity in the construction industry. Building applications mainly includes commercial, residential, and retail buildings. Buildings are designed with the help of BIM mostly during the pre-construction phase, in which the 3D modeling of the structure is prepared and the flow of the entire building project is decided. These buildings are constructed mostly on a customized basis.

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Table of Contents:

1 Introduction

1.1 Study Objectives

1.2 Definition

1.3 Study Scope

1.3.1 Markets Covered

1.3.2 Geographic Scope

1.3.3 Years Considered

1.4 Currency

1.5 Stakeholders

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 Primaries

2.2 Market Size Estimation

2.3 Bottom-Up Approach

2.3.1 Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)

2.4 Top-Down Approach

2.4.1 Approach for Capturing Market Size By Top-Down Analysis (Supply Side)

2.5 Market Breakdown and Data Triangulation

2.6 Research Assumptions

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in BIM Market

4.2 BIM Market, By Life Cycle

4.3 BIM Market, By Application and Country

4.4 Country-Wise BIM Market Growth Rate

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Rising Urbanization and Infrastructure Projects

5.2.1.2 Growing Benefits Offered By BIM for AEC Industry

5.2.1.3 Increasing Government Mandates for BIM Adoption

5.2.2 Restraints

5.2.2.1 Handling Initial High Cost of BIM

5.2.3 Opportunities

5.2.3.1 Growing Use of AR/VR and Adoption of Green BIM

5.2.3.2 Rising Trends of Iot

5.2.3.3 Increasing Trends of BIM

5.2.4 Challenges

5.2.4.1 Low Digitization in Construction Industry

….and More

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