Building Information Modeling Market 2021 Demand, Trends and Growth by Business Opportunities, Latest Innovation, Technology Trends and Forecast 2028

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Global building information modelling (BIM) market growth is expected to generate a revenue of 10,700.15 million till 2028. The market is expected to grow at a CAGR of 14%

Building information modeling (BIM) refers to a type of software that is mainly used by architecture, engineering, and construction (AEC), construction firms and real estate company professionals in order to achieve effective management of project life cycle. The main motives of BIM software is to enhace project performance and offer improved outcomes. BIM helps construction managers to collect information and data from related disciplines and offer more effective communication. Improved coordination and data communication among numerous stakeholders allied with enhanced construction productivity offers a leading edge to BIM users. Global BIM Market has recorded a noteworthy growth in past few years. The growth of the BIM industry is endorsed by numerous growth pouring aspects.

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The key aspect accountable for the surge in the growth of the BIM industry is the rising urbanization among the developing economies. Rise in the number of benefits provided by Building Information Modeling to the AEC industry has been causing traction for the software across the globe. Over the recent times, the number of infrastructure projects has observed to be rose significantly which in turn is boosting the demand for BIM software worldwide. In addition to that, several governments across the globe have been taking initiatives to mandate the adoption of Building Information Modeling. This obligation across several regions is another crucial aspect driving the growth of the BIM industry. With the enormous growth in world population the BIM industry has been going through an escalation in growth over the recent years.

As the economies across the world grow, the rising need for housing and infrastructure development is likely to boost global construction industry growth causing a demand for BIM from construction professionals in order to manage, design and plan building projects more proficiently. Increasing trends of advanced technologies in the BIM has been offering several opportunities to market players in the BIM industry. It is the software which offers benefits such as cost reduction, conflict detection, synchronization of design and construction planning and visualization and collaboration. However, the occurrence of COVID-19 pandemic has had a negative impact on the Building Information Modeling industry performance. Furthermore, the growth for BIM market is anticipated to be hindered by the high initial capital investment.

The major players of the global building information modelling (BIM) market include Pentagon Solutions Ltd., Tekla Corporation, Synchro Software Ltd., AECOM, Autodesk Inc. GRAITEC Dassault Systemes SA, Trimble Inc, & Archidata Inc Beck Technology Ltd. Bentley Systems Inc., Nemetschek AG. Additionally, organizations are focused on engaging in R&D programmes to deliver new products in the market to meet the expectations of rapidly changing end-user needs

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Some Major Points From TOC:

Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 Building Information modelling (BIM) Market By Product Type
Chapter 6 Building Information modelling (BIM) Market By Application
Chapter 7 Building Information modelling (BIM) Market By End-user
Chapter 8 Building Information modelling (BIM) Market By Region
Chapter 9 Competitive Landscape
Chapter 10 Company Profiles
10.1 Autodesk Inc.
10.2 Nemetschek AG
10.3 Tekla Corporation
10.4 Synchro Software Ltd.
10.5 Pentagon Solutions Ltd.
10.6 Beck Technology Ltd.
10.7 Bentley Systems Inc.
10.8 AECOM
10.9 Dassault Systemes SA
10.10 GRAITEC
10.11 Trimble Inc
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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