Building Information Modeling Market Overview
Portland, OR -- (SBWIRE) -- 07/19/2017 -- Building information modeling (BIM) is a digital representation of a construction project used by architects, engineers, and other construction professionals. It helps in planning, designing, constructing, operating, and maintaining the diverse physical infrastructure coupled with speedy data exchange among the involved entities. BIM is a computer-aided workflow that utilizes various software, solution, and services to deliver effective planning of construction project.
BIM has been popular among end users, owing to its lucrative advantages such as increased return on investments (ROIs), time and money saving. Rapidly increasing number of construction projects globally, rising awareness of BIM & associated benefits, and growing demand for automated models in architecture, engineering, and construction (AEC) industry are the major factors boosting its adoption in the construction industry, especially for commercial and infrastructure projects. Moreover, government mandates regarding the use of BIM in building constructions are expected to boost its adoption worldwide.
Global Building Information Modeling Market is expected to grow at a CAGR of around 22.0% from 2017 to 2025.
Building Information Modeling (BIM) Market By Solution
-Software
-Service
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Building Information Modeling (BIM) Market Dynamics:
Drivers for Building Information Modeling (BIM) industry:
-Enhanced productivity through interoperability
-Government mandates for BIM usage
-Growing construction industry
Restraints for Building Information Modeling (BIM) industry:
-High cost of BIM software
-Lack of trained professionals
Building Information Modeling (BIM) Market By Deployment Type
-On-premise
-Cloud-based
Building Information Modeling (BIM) Market Players:
The key players profiled in this report include Beck Technology, Ltd., Autodesk, Inc., Dassault Systemes SA, Trimble Navigation Ltd., Synchro Software Ltd., Pentagon Solutions Ltd., Bentley Systems, Inc., Cadsoft Corporation, Nemetschek AG., and Asite Solutions Limited.
Building Information Modeling (BIM) Market By End User
-Architect/Engineer
-Contractor
-Others (owners and consultants)
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Building Information Modeling (BIM) Market By Industry Vertical
- Commercial
- Residential
- Infrastructure
- Institutional
- Industrial
Building Information Modeling (BIM) Market By Geography
-North America
U.S.
Canada
Mexico
-Europe
UK
Germany
France
Spain
Italy
Rest of Europe
-Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
-LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Table of Content for Building Information Modeling (BIM) Market
1. Executive summary for Building Information Modeling (BIM) industry
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction for Building Information Modeling (BIM) industry
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape for Building Information Modeling (BIM) industry
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
3.3. Porter's analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global building information modeling (BIM) market shares analysis, 2014-2025
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List of Tables for Building Information Modeling (BIM) Market
Contain 47 Tables
List of Figures for Building Information Modeling (BIM) Market
Contain 50 Figures