Global Building Information Modeling (BIM) Market Size is estimated to expand rapidly in coming years, at a CAGR of 19.6 % from 2018 to 2025. In 2017, the global market valuation was USD 3.9 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. A major need for different buildings occurs with fast urbanization and industrialization, which lead to the worldwide industry in building information modeling. Companies quickly develop user-friendly alternatives that pledge to raise requirement for BIM alternatives dramatically in future. Geographically, North America is expected to be the highest growing region in the global market of BIM.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global building information modeling market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global building information modeling market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Type Insights: On the basis of type, global building information modeling market has been segmented into software, and services. The software segment played an important part in the construction data design industry since 2016. The main variables which drive the software BIM industry include strong requirement for economic procedures and the advantages of software design engineering for multiple building initiatives. However, between 2017 and 2022, the services industry is anticipated to increase at its largest pace. This increase can be ascribed to the advantages provided in the construction method by embedded data engineering facilities such as 2D sketches, 3D modeling and 4D planning and energy estimation; and to shift leadership, collision avoidance, visualization, design, volume departure, schedulation and manufacturing monitoring.

By Application Insights: On the basis of application, global building information modeling market has been segmented into buildings, civil infrastructure, oil & gas, industrial, utilities. During the prediction era, the industrial implementation is anticipated to increase significantly. Digital prototype assessment and simulation are provided by building data engineering that shortens building duration and constantly enhances efficiency and reduces the hazards connected with building initiatives in the manufacturing industry. The development of the industrial application industry between 2017 and 2022 is anticipated by this reality.

Regional Analysis

The building information modeling market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. From the geographical point of view, between 2017 and 2022 the industry in North America is anticipated to have the biggest stake in construction data modeling. The stable structures and the understanding of the advantages of BIM between the builders and suppliers in North America have been the main drivers of the North American market.

APAC represents BIM's major business position. In addition to the strong requirement for BIM alternatives, many companies use cloud-based software in a broad scale. In effect, this has improved the use of the region's remarkable BIM technology and further consolidated its place as the main economic industry during the prediction era. The second biggest proportion in the forecast period is anticipated on the European economy. The major sectors on the European economy are anticipated to be construction, public facilities and manufacturing applications.

Global Building Information Modeling (BIM) Market Size, Share Analysis by Region 2017

Global Building Information Modeling (BIM) Market Study Objective.

1. To forecast the market size of building information modeling market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of building information modeling market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of building information modeling market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of building information modeling market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the building information modeling market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Dassault Systemes SA, Pentagon Solutions Ltd., Synchro Software Ltd., Bentley Systems Inc., Autodesk Inc., Beck Technology Ltd., Nemetschek AG, AECOM, Tekla Corporation, and GRAITEC are some of the key players in the market of building information modeling.

Global Building Information Modeling (BIM) Market Study Report Offer You!

The global building information modeling market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.