Rapid urbanization and growing population demand infrastructure and housing spaces. With an increasing demand in construction of residential and infrastructural projects, the requirement for efficient functioning and coordination will increase. This will create an upsurge in the demand for building information modelling market
Building Information Modelling Market 2021 Industry Outlook, Growth Demand and Forecast to 2026
Building Information Modelling Market
Size USD +9.0 billion by 2026
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Building Information
Modelling Market Overview
Building Information Modelling (BIM) is a kind of software
generally utilized in the construction industry. BIM is adopted by
construction firms, architecture engineering, and construction
(AEC) professionals for effective project life cycle management.
It helps gather data from various disciplines and provides a
platform for effective communication. This, in turn, enhances
project performances and reduces delays.
Building Information Modelling (BIM) Market Estimation
The global building information modelling market or BIM
market was valued at over USD 5.0 billion in 2019. Due to
the pandemic, the valuation dropped by nearly USD 0.5
billion by the end of 2020. The market is projected to grow at a
compound annual growth rate of around 14% from 2021 to
2026. The valuation at the end of the forecast period is
estimated to be more than USD 9.0 billion.
Segmentation of the Report
By Component Type
• Solutions
• Services
Deployment Mode
• On-premise
• Cloud
By Project Life Cycle
• Preconstruction
• Construction
• Operations
By Application
• Building
• Industrial
• Civil Infrastructure
• Oil & Gas
• Utilities
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A new study on the global
Building Information Modelling Market has been published
by Research CMFE. It offers detailed information on key
market dynamics, including drivers, trends, and challenges
Building for the global Building Information Modelling Market as well
Information as its structure. The study offers valuable information on the global Building Information Modelling Market to illustrate
Modelling how the market is expected to expand during the forecast period i.e. 2020–2026.
Market Key indicators of market growth, which include value chain
Summery analysis and Compound Annual Growth Rate (CAGR) have
been elucidated in the Building Information Modelling
Market report in a comprehensive manner. This data can help
readers interpret the quantitative growth aspects of the global
Building Information Modelling Market.
Building Information Modelling Market: Key Vendors
1.Pentagon Solutions Ltd.
2.Beck Technologies Ltd.
3.Dassault Systems SA
4.Tekla Corporation
5.Synchro Software Ltd.
6.Bentley Systems Inc.
7.Autodesk Inc.
8.Nemetschek AG
9.AECOM
10.GRAITEC
11.RIB Software SE
12.Asite Solutions
13.AVEVA Group PLC
14.Hexagon AB
15.Beck Technology Ltd.
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Major Regions Covered in Report
Regional Overview & Analysis of Building Information Modelling Market:
North America (US and Canada)
Europe (UK, Germany, France and Rest of Europe)
Asia Pacific (China, Japan, India and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (GCC and Rest of Middle East & Africa)
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Highlights of Building Information Modelling Market
Report
Overview of key market forces boosting and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition to offer you a competitive edge
Major competitors strategies analysis
SWOT analysis of major industry segments
Detailed analyses of Building Information Modelling Market trends
An appropriately defined technological growth map with Covid19 impact analysis
A clear understanding of the competitive landscape and key product segments
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