Building Information Modelling Market Exhibit a Steady 17.5% CAGR by 2023: Including Market Trends, Business Outlook, Future Opportunities


Building Information Modelling Market Report 2019-2023” helps the consumer to take business decisions and to understand strategies of major players in the industry. The report also calls for market-determined results deriving feasibility survey for consumer needs. Global Building Information Modelling Market Report ensures qualified and verifiable aspects of market data operating in the real-time scenario. The analytical studies are conducted ensuring consumer needs with a complete understanding of market capacities in the real-time scenario.

Top-Listed Players in Building Information Modelling Market Research Report 2019-2023:

  • Autodesk Inc.
  • Asite Solutions Ltd
  • Bentley Systems Inc.
  • Dassault Systems SA
  • Nemetschek SE
  • Trimble Inc.
  • Aveva Group PLC
  • Bimeye Inc.
  • Topcon Positioning Systems Inc.
  • Rib Software AG
  • Clearedge3D Inc.
  • Hexagon AB

    Request a Sample copy of the Report – https://www.360researchreports.com/enquiry/request-sample/13100359

    Building Information Modelling market reports provide a comprehensive overview of the worldwide market size and share. Building Information Modelling market data reports also provide a 5-year historical, forecast for the sector, and include data on social-economic data of global. Key stakeholders can consider statistics, tables & figures mentioned in this report for strategic planning which lead to the success of the organization.

    Overview of Building Information Modelling Market Report:

    The Global Building Information Modelling (BIM) market was estimated to be worth USD 5.265 billion in 2017, and is projected to reach USD 14.033 billion by 2023, registering a CAGR of 17.5% over the forecast period of 2018-2023. The scope of the report is limited to solutions offered by major players, including the providers of software and services. The regions considered in the scope of the report include North America, Europe, and others. The study also emphasizes on how the deployment of BIM tools for a building helps various people involved in planning and constructing a building.

    In the recent years, owing to its benefits over the existing solutions, such as paper-based design and modeling, and CAD systems, BIM has recorded an increasing adoption. The emergence of BIM has created a paradigm shift within the architecture, engineering, construction, and operations (AECO) industry, by changing the way construction activities are planned, designed, built, and managed. These tools facilitate money saving, time saving, and simplifying the construction processes, thereby driving the building information modelling software market. Moreover, companies are trying to develop a standardized BIM model that can be used to integrate the different types of modeling systems. In addition, government norms in various countries are promoting the usage of BIM software in key international markets. Similarly, through its various modules, BIM enhances project performance and productivity. However, cost- and implementation-related issues can act as challenges for the widespread adoption of BIM software.

    Governmental Mandates Promoting the Usage of BIM in Key International Markets

    The introduction of governmental regulations in major markets, such as the United Kingdom, the United States, and Singapore, has considerably aided the adoption rate of BIM software. With growing population, there has been a rise in the demand for the residential sector, and various governments are providing incentives for the growth of this sector. For instance, the UK government aims to make Level 2 BIM mandatory for all publicly-funded projects from 2016 onwards, which is expected to subsequently help Europe account for the largest market share in the near future. In addition, the adoption of these solutions in several states, universities, and private organizations of the United States are supporting the adoption of higher BIM standards.

    Commercial Applications to Account for Highest Market Share

    These solutions are witnessing an increased adoption in the commercial segment, because they offer a competitive advantage over high-end commercial contractors, as they become more aware of their competencies and capabilities. Developing these buildings requires a new and sophisticated approach toward design, thus emphasizing the need for BIM technology. Moreover, in sectors, such as retail, for large retailers, BIM can support complex planning applications, particularly where engagement with local stakeholders is required to overcome potential objections.

    Asia Pacific to Witness the Highest Growth Rate

    In the Asia-Pacific region, the growth in the market is augmented by the growth of the construction industry in countries, such as China and India. Government-aided schemes such as Smart Cities in India, which plan to develop 100 cities with revamped infrastructure in the country, is further expected to drive the demand for BIM solutions. Moreover, China is undertaking various new infrastructural projects. Over the next decade, China plans on moving approximately 250 million people into the country’s rapidly growing megacities, thus increasing the demand for residential and commercial infrastructure.

    In addition, the growth of the smart homes market in the region is expected to augment the demand for such solutions.

    Enquire before purchasing this report @ https://www.360researchreports.com/enquiry/pre-order-enquiry/13100359

    Reasons to Purchase this Report

  • How do the government mandates regarding the use of BIM in various countries influence the market scenario?
  • Analyze various perspectives of the market, with the help of Porter’s five forces analysis.
  • Which solution type and application are expected to dominate the market?
  • Which regions are expected to witness the fastest growth during the forecast period?
  • Identify the latest developments, market shares, and strategies employed by the major market players.
  • 3 months analyst support along with the Market Estimate sheet

    Valuable Points from Building Information Modelling Market Research Report 2019-2023:

    • A complete background analysis, which includes a valuation of the parental Building Information Modelling Market.
    • Significant changes in Market dynamics.
    • Building Information Modelling Market segmentation according to Top Regions.
    • Current, Historical, and projected size of the Building Information Modelling Market from the viewpoint of both value and volume.
    • Reporting and assessment of recent industry developments.
    • Building Information Modelling Market shares and strategies of key Manufacturers.
    • Emerging Specific segments and regional for Building Information Modelling Market.
    • An objective valuation of the trajectory of the Market.
    • Recommendations to Top Companies for reinforcement their foothold in the Market.

    Purchase this report (Price 4250 USD for a single-user license) @ https://www.360researchreports.com/purchase/13100359

    Highlights of the following key factors:

    • Business description –A detailed description of the company’s operations and business divisions.
    • Corporate strategy –Analyst’s summarization of the company’s business strategy.
    • SWOT Analysis –A detailed analysis of the company’s strengths, weakness, opportunities, and threats.
    • Company history –Progression of key events associated with the company.
    • Major products and services –A list of major products, services, and brands of the company.
    • Key competitors –A list of key competitors to the company.
    • Important locations and subsidiaries –A list and contact details of key locations and subsidiaries of the company.
    • Detailed financial ratios for the past five years –The latest financial ratios derived from the annual financial statements published by the company with 5 years history.

    Top Most Regions Covered In Building Information Modelling Market Research Report 2019-2023:

  • United States
  • Canada
  • Mexico
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • GCC
  • South Africa
  • Brazil
  • Argentina

    Conclusively, this report will provide you a clear view of each fact of the market without a need to refer to any other research report or a data source. Our report will provide you with all the facts about the past, present, and future of the concerned Market.

    About 360 Research Reports:

    360 Research Reports is the credible source for gaining the market research reports that will exponentially accelerate your business. We are among the leading report resellers in the business world committed towards optimizing your business. The reports we provide are based on a research that covers a magnitude of factors such as technological evolution, economic shifts and a detailed study of market segments.

    CONTACT US

    Mr. Ajay More

    Phone: +14242530807 / + 44 20 3239 8187

    Email: [email protected]



  • Source link

    Leave a Reply