Global Building Information Modelling (BIM) Market is valued approximately at USD 6.90 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 15.2 % over the forecast period 2022-2029. Building Information Modelling (BIM) is the process maintained by several tools and technologies including the generation and management of digital representations of physical and functional features of places. The building information models (BIMs) are the files which can be obtained, replaced or networked to assist decision-making involving a building or other built asset. BIM is used in the construction sector for the purpose of designing and managing projects during their life cycle. Rapidly increasing number of construction projects followed by rising urbanization worldwide are the major factors responsible for high CAGR of the market over the forecast period.
For instance, as per India Brand Equity Foundation (IBEF) estimates - Indian Government announced plan to spend USD 1.4 trillion on infrastructure during 2019-23 to promote sustainable construction in the country. Moreover, increasing government mandates for BIM adoption is also a key factor boosting the adoption of BIM around the world. For instance, in December 2019 Government of India through its think tank NITI Aayog announced a plan to adopt the latest building information and modelling (BIM) technology to fast-track construction work. Further. the government is planning to optimize cost of housing construction by implementing BIM. Hence, governmental bodies mandating the adoption of BIM, also encourage the demand for BIM among the end-users. Also, growing use of AR/VR and adoption of green building infrastructure would create lucrative growth opportunities for the market during the forecast period. However, high cost of BIM solutions is the major factor anticipated to hamper the growth of global Building Information Modelling (BIM) market during the forecast period 2022-2029.
The regional analysis of global Building Information Modelling (BIM) market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region in terms of revenue and market share owing to favorable regulations enforced by the government for the adoption of BIM coupled with increased adoption of cloud-based engineering software in the region. However, Asia-Pacific is expected to exhibit a high growth rate over the forecast period of 2022-2029 owing to growing number of construction projects in the region.
Major market players included in this report are:
- Autodesk
- Nemetschek
- Bentley Systems
- Trimble
- Dassault Systemes
- RIB Software
- Asite
- Hexagon
- Archidata
- Aveva
Recent Developments in the Market:
- In December 2021, Capgemini and Autodesk, Inc., entered into a collaboration framework agreement, to deliver end-to-end Building Information Modeling (BIM) platforms and transformation programs.
Global Building Information Modelling Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Application, End-User, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
By Application:
- Buildings
- Industrial
- Civil Infrastructure
- Oil & Gas
- Others
By End-User:
- Architecture/Engineer
- Contractor
- Others
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Building Information Modelling Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Building Information Modelling Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Building Information Modelling Market, by Application, 2019-2029 (USD Billion)
- 1.2.4. Building Information Modelling Market, by End-User, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Building Information Modelling Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Building Information Modelling Market Dynamics
- 3.1. Building Information Modelling Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing number of construction projects
- 3.1.1.2. Growing urbanization
- 3.1.1.3. Increasing government mandates for BIM adoption
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Building Information Modelling
- 3.1.3. Market Opportunities
- 3.1.3.1. Increasing emergence of AR/VR technology
- 3.1.3.2. Rising adoption of green building infrastructure
Chapter 4. Global Building Information Modelling Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Building Information Modelling Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Building Information Modelling Market by Type, Performance - Potential Analysis
- 6.3. Global Building Information Modelling Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
- 6.4. Building Information Modelling Market, Sub Segment Analysis
- 6.4.1. Software
- 6.4.2. Services
Chapter 7. Global Building Information Modelling Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Building Information Modelling Market by Application, Performance - Potential Analysis
- 7.3. Global Building Information Modelling Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 7.4. Building Information Modelling Market, Sub Segment Analysis
- 7.4.1. Buildings
- 7.4.2. Industrial
- 7.4.3. Civil Infrastructure
- 7.4.4. Oil & Gas
- 7.4.5. Others
Chapter 8. Global Building Information Modelling Market, by End-User
- 8.1. Market Snapshot
- 8.2. Global Building Information Modelling Market by End-User, Performance - Potential Analysis
- 8.3. Global Building Information Modelling Market Estimates & Forecasts by End-User 2019-2029 (USD Billion)
- 8.4. Building Information Modelling Market, Sub Segment Analysis
- 8.4.1. Architecture/Engineer
- 8.4.2. Contractor
- 8.4.3. Others
Chapter 9. Global Building Information Modelling Market, Regional Analysis
- 9.1. Building Information Modelling Market, Regional Market Snapshot
- 9.2. North America Building Information Modelling Market
- 9.2.1. U.S. Building Information Modelling Market
- 9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
- 9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 9.2.1.3. End-User breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Building Information Modelling Market
- 9.3. Europe Building Information Modelling Market Snapshot
- 9.3.1. U.K. Building Information Modelling Market
- 9.3.2. Germany Building Information Modelling Market
- 9.3.3. France Building Information Modelling Market
- 9.3.4. Spain Building Information Modelling Market
- 9.3.5. Italy Building Information Modelling Market
- 9.3.6. Rest of Europe Building Information Modelling Market
- 9.4. Asia-Pacific Building Information Modelling Market Snapshot
- 9.4.1. China Building Information Modelling Market
- 9.4.2. India Building Information Modelling Market
- 9.4.3. Japan Building Information Modelling Market
- 9.4.4. Australia Building Information Modelling Market
- 9.4.5. South Korea Building Information Modelling Market
- 9.4.6. Rest of Asia Pacific Building Information Modelling Market
- 9.5. Latin America Building Information Modelling Market Snapshot
- 9.5.1. Brazil Building Information Modelling Market
- 9.5.2. Mexico Building Information Modelling Market
- 9.5.3. Rest of Latin America Building Information Modelling Market
- 9.6. Rest of The World Building Information Modelling Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Autodesk
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Nemetschek
- 10.2.3. Bentley Systems
- 10.2.4. Trimble
- 10.2.5. Dassault Systemes
- 10.2.6. RIB Software
- 10.2.7. Asite
- 10.2.8. Hexagon
- 10.2.9. Archidata
- 10.2.10. Aveva
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption