Global Building Information Modeling (BIM) Market Report By Type (Software, Service), Vertical (Commercial, Residential, Educational, Healthcare, Industrial, Entertainment, Sports, and Others), End-User (Construction Managers/General Contractors, Architects, Owners, Engineers, and Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2017-2024
ID:VMR11210034
April 2018
Report Formats:

Growing construction sector followed by rising awareness of building information modeling (BIM) among the architects, engineers, and contractors is driving the market growth. Favorable government mandates on BIM usage for construction of various infrastructures is boosting the market growth. Owing to benefits of BIM such as rapid data exchange, increased return on investment and the time-saving solution is driving its application in construction projects. BIM market is growing at a faster pace owing to better substitute over conventional CAD software.

As per the latest report added by Value Market Research, the Global Building Information Modeling (BIM) Market was valued USD 4,575.2 MN (by revenue) in 2017 and is anticipated to reach USD 15,142.7 MN by 2024 with a CAGR of 18.7%.
 
ARCHITECTS DOMINATED THE END-USER SEGMENT
In 2017, architect dominated the end-user segment owing to increase in construction projects and rising demand of automated models is driving the market growth. As per the analysis, an architect is presumed to reach USD XX.X million by the end of 2024.
 
SOFTWARE LED THE TYPE SEGMENT
Software type is dominating the segment owing to its ability to offer better efficiency and transparency in building work and construction management. The software segment is expected to touch USD XXX million by the end of 2024.
 
BY VERTICAL, COMMERCIAL DOMINATED THE SEGMENT
In 2017, commercial led the vertical segment owing to government mandates on the use of BIM especially commercial infrastructure is fueling the market growth. By 2024, it is presumed that commercial segment will reach USD XX.X million.
 
NORTH AMERICA DOMINATED THE REGIONAL MARKET
By region, North America led the market owing to rising adoption of cloud-based solutions followed by advancement in technology in IoT and big data is fueling the regional market growth. North America is expected to reach USD XX.X million by 2024.
 
KEY PLAYERS OF THE MARKET
The market is moderately competitive due to the presence of key players such as Archidata Inc., Asite Solutions Ltd., Autodesk, Inc., Beck Technology, Ltd., Bentley Systems, Inc., Cadsoft Corporation, Dassault Systemes S.A., Design Data, Nemetschek AG, Robert McNeel & Associates and Solibri, Inc.

As per this study, the Global Building Information Modeling (BIM) market was valued USD 4,575.2 MN (by revenue) in 2017 and is anticipated to reach USD 15,142.7 MN by 2024 with a CAGR of 18.7%.
 
Building information modeling (BIM) is a virtual 3D model based technique that offers highly efficient design and manages the digital representation of physical & functional information. It is referred to as a set of interacting policies, processes and technologies generating a methodology to manage the essential building design and project data in digital format throughout the building's life-cycle. In recent years, building information modeling (BIM) has become an emerging technology throughout the globe in the architecture, engineering, and construction (AEC) sectors.
 
Objectives of the Study:

  • Define and measure the global building information modeling (BIM) market
  • Revenue forecast of the global building information modeling (BIM) market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments
                             
Market Dynamics
 
Growing adoption of building information technology in the construction sector more specifically for commercial and infrastructure projects is a major factor driving the market growth. Favorable government regulations are boosting deployment of BIM in public infrastructure projects such as bridges, roads, and highway construction is further accelerating the market growth. However, the high cost of the software required for BIM and long training periods decrease the productivity of the company is anticipated to hamper the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of building information modeling (BIM).
 
Market Segmentation
 
The broad building information modeling (BIM) market has been sub-grouped into type, vertical and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Type Market Share 2017

Building Information Modeling Market By Type

By Type
  • Software
    • Architectural Design
    • Sustainability
    • Structures
    • MEP
    • Construction
    • Facilities Management
  • Services
    • Project Management Support
    • Software Support and Maintenance
 
By Vertical
  • Commercial
  • Residential
  • Educational
  • Healthcare
  • Industrial
  • Entertainment
  • Sports
  • Others
 
By End-User
  • Construction Managers/General Contractors
  • Architects
  • Owners
  • Engineers
  • Others
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for building information modeling (BIM) in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Building Information Modeling (BIM) Market By Revenue (USD MN)
 
Europe Building Information Modeling Market By Revenue
 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the building information modeling (BIM) market includes Archidata Inc., Asite Solutions Ltd., Autodesk, Inc., Beck Technology, Ltd., Bentley Systems, Inc., Cadsoft Corporation, Dassault Systemes S.A., Nemetschek AG, Robert Mcneel & Associates, Trimble Solutions Corporation and others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
Major Company Players Market Share
 
Major Players of Building Information Modeling Market
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.

1. INTRODUCTION

  • Introduction To Building Information Modeling (BIM)
  • Report Description
    • Objectives Of The Study
    • Assumptions
  • Research Scope
  • Research Methodology
    • Data Source
 
2. EXECUTIVE SUMMARY
  • Market Highlight
  • Global Building Information Modeling (BIM) Market: Snapshot
 
3. MARKET ANALYSIS
  • Drivers
  • Restraints
  • Opportunities
  • Porter’s Five Forces Analysis
  • Value Chain Analysis
 
4. BUILDING INFORMATION MODELING (BIM) MARKET ANALYSIS BY TYPE
  • Market In Software
    • Market In Architectural Design
    • Market In Sustainability
    • Market In Structures
    • Market In MEP
    • Market In Construction
    • Market In Facilities Management
  • Market In Services
    • Market In Project Management Support
    • Market In Software Support and Maintenance
 
5. BUILDING INFORMATION MODELING (BIM) MARKET ANALYSIS BY VERTICAL
  • Market In Commercial
  • Market In Residential
  • Market In Educational
  • Market In Healthcare
  • Market In Industrial
  • Market In Entertainment
  • Market In Sports
  • Market In Others
 
6. BUILDING INFORMATION MODELING (BIM) MARKET ANALYSIS BY END-USER
  • Market In Construction Managers/General Contractors
  • Market In Architects
  • Market In Owners
  • Market In Engineers
  • Market In Others
 
7. BUILDING INFORMATION MODELING (BIM) MARKET ANALYSIS BY GEOGRAPHY
  • North America (NA)
    • North America Market Estimates
    • North America Market Estimates By Country
    • United States (U.S.) Market Estimates By Segments
    • Canada Market Estimates By Segments
    • Mexico Market Estimates By Segments
  • Europe (EU)
    • Europe Market Estimates
    • Europe Market Estimates By Country
    • United Kingdom (UK) Market Estimates By Segments
    • Germany Market Estimates By Segments
    • France Market Estimates By Segments
    • Rest Of Europe Market Estimates By Segments
  • Asia Pacific (APAC)
    • Asia Pacific Market Estimates
    • Asia Pacific Market Estimates By Country  
    • China Market Estimates By Segments
    • Japan Market Estimates By Segments
    • India Market Estimates By Segments
    • Rest Of Asia Pacific Market Estimates By Segments  
  • Latin America (LA)   
    • Latin America Market Estimates
    • Latin America Market Estimates By Country
    • Brazil Market Estimates By Segments
    • Rest Of Latin America Market Estimates By Segments
  • Middle East And Africa (MEA)   
    • Middle East And Africa Market Estimates
    • Middle East And Africa Market Estimates By Country
    • Middle East Market Estimates By Segments
    • Africa Market Estimates By Segments
 
8. COMPETITIVE LANDSCAPE OF THE BUILDING INFORMATION MODELING (BIM) COMPANIES
  • Market Competition
  • Partnerships/Collaborations/Agreements
  • Mergers And Acquisitions
  • New Product Launches
  • Other Developments
 
9. COMPANY PROFILES OF THE BUILDING INFORMATION MODELING (BIM) INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
  • Archidata Inc.
  • Asite Solutions Ltd.
  • Autodesk, Inc.
  • Beck Technology, Ltd.
  • Bentley Systems, Inc.
  • Cadsoft Corporation
  • Dassault Systemes S.A.
  • Design Data
  • Nemetschek AG
  • Robert Mcneel & Associates
  • Solibri, Inc.
 
* Tentative TOC
 
 
LIST OF TABLES
 
Table 1.  Market Highlights Of Building Information Modeling (BIM)
Table 2.  Global Building Information Modeling (BIM) Market By Types
Table 3.  Global Building Information Modeling (BIM) Market By Vertical
Table 4.  Global Building Information Modeling (BIM) Market By End-User
Table 5.  Global Building Information Modeling (BIM) Market By Geography
Table 6.  North America Building Information Modeling (BIM) Market
Table 7.  Europe Building Information Modeling (BIM) Market
Table 8.  Asia Pacific Building Information Modeling (BIM) Market
Table 9.  Latin America Building Information Modeling (BIM) Market
Table 10. Middle East And Africa Building Information Modeling (BIM) Market 
Table 11. Partnership/Collaboration/Agreements
Table 12. Mergers And Acquisitions
Table 13. New Product Development
Table 14. Other Developments
  
LIST OF FIGURES
 
Fig. 1.     Market Segmentation Of Building Information Modeling (BIM) Market 
Fig. 2.     Top-Down Approach   
Fig. 3.     Bottom-Up Approach   
Fig. 4.     Market Highlights Of Building Information Modeling (BIM)
Fig. 5.     Value Chain Analysis
Fig. 6.     Porter’s Five Forces Analysis
Fig. 7.     Global Building Information Modeling (BIM) Market By Types
Fig. 8.     Global Building Information Modeling (BIM) Market By Vertical
Fig. 9.     Global Building Information Modeling (BIM) Market By End-User
Fig. 10.   Global Building Information Modeling (BIM) Market By Geography
Fig. 11.   North America Building Information Modeling (BIM) Market
Fig. 12.   Europe Building Information Modeling (BIM) Market
Fig. 13.   Asia Pacific Building Information Modeling (BIM) Market
Fig. 14.   Latin America Building Information Modeling (BIM) Market
Fig. 15.   Middle East And Africa Building Information Modeling (BIM) Market
Fig. 16.   Market Share Of Building Information Modeling (BIM) Companies
Fig. 17.   Recent Developments In Building Information Modeling (BIM) Industry
 
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC. 

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