Global Building Information Modeling Market Market Expected to Reach $10.01 Billion by 2028 | Business Intelligence Insights (BII)

Publisher Name : Business Intelligence Insights (BII) Publish Date : 2022-01-20  

     

As per Business Intelligence Insights (BII) study, the global Global Building Information Modeling Market attained revenue growth of USD 5.10 billion in 2021 and it is projected to reach around USD 10.1 billion by 2028, growing at a 11.90% CAGR.

With the increasing growth of the global population, demand for residential space has increased, with various governments throughout the world giving incentives to help this sector thrive. Residential structure design is a prospective growth sector for the BIM industry since companies all over the world are utilising BIM to better their operations. High costs, the need for frequent maintenance, and a lack of technical expertise are all obstacles to the building information modelling market's growth. Because BIM is such a critical tool, even minor design flaws can lead to severe workplace mishaps. As a result, one of the major roadblocks to the BIM market's expansion is a scarcity of technical skills.

By developing a 3D model of buildings, infrastructure, and other items, AEC professionals can plan, design, construct, and manage projects. BIM is the process of creating and managing digital representations of a location's physical and functional characteristics, as well as the representation of data through objects in the form of designs. The BIM market is being propelled forward by rising urbanisation and infrastructure projects, improved BIM benefits for the AEC industry, and growing government mandates for BIM adoption. The initial high cost of BIM, however, is limiting the market's growth. The expanding use of AR/VR, the rapid acceptance of Green BIM, rising IoT trends, and developing BIM trends are expected to provide growth chances for BIM market participants throughout the forecast period.

To discover more about Business Intelligence Insights (BII) additional important drivers, trends, and challenges. Please fill out the form below to request a sample report.

Building Information Modeling Market: Companies Mentioned

•  Autodesk
•  Nemetschek
•  Bentley Systems
•  Trimble
•  Dassault Systemes
•  Rib Software
•  Asite
•  Aveva
•  Hexagon
•  Archidata
•  ACCA Software
•  Arcadiasoft
•  Procore Technologies
•  Concora
•  Pöyry
•  Beck Technology
•  Computers And Structures
•  Robert Mcneel & Associates
•  M Company
•  CCT International

Key Highlights of the Report

•  In 2021, the market for Building Information Modeling was dominated by software as a offering type. The market share is more than 55%. BIM software solutions offer interoperability between programmes, easy visualisation, and cost-effectiveness. The BIM software suite provides solutions for architectural, sustainability, structural, mechanical, electrical, and plumbing (MEP), construction, and facility management throughout the whole life cycle. BIM software options on the market include Autodesk Revit Structure, Graphisoft ArchiCAD, Nemetschek ALLPLAN Architecture, Bentley Facilities Manager, and Tekla Structures. 3D BIM is increasingly being used by professionals in the domains of architecture, engineering, and construction (AEC). BIM software's best features include 3D project visualisation, cost and time savings, and the ability to make design changes fast.

•  Building Information Modeling can be used during the Preconstruction, Construction, and Operation phases of a project. Preconstruction is the most prevalent project lifecycle in the global Building Information Modeling market. This particular market has a market share of more than 38%. BIM is used in the pre-construction (design), construction, and operation phases of a building project. It combines all aspects of a building project into a single bundle. If a problem arises, users working on different phases can refer to data from a specific project to avoid cost overruns. BIM is used in maintenance, for example, to assist plumbers and electricians in locating pipes and wires so that unnecessary damage to walls, floors, and ceilings is avoided. 

•  In 2021, BIM has a large market in North America, which includes the United States, and Canada. This area was one of the first to implement advanced BIM technology, a recently established revolutionary method of design and construction. This strategy has become widespread in the construction industry in North America. There are a number of specialists in this region who employ BIM in their projects. BIM is gradually being adopted by contractors, engineers, and architects, and the number is rapidly growing. They employ the BIM process to boost project efficiency during the design and construction phases, decrease project-related errors, and generate a high return on investment.

•  The report contains qualitative and quantitative research on the global dietary supplement Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.

Speak to our Analyst now!! to make the most of every opportunity by utilizing a competitive analysis built specifically for you.

Revenue-generating Segment Highlights

By Deployment Type

•  On Premises Deployment
•  Cloud Deployment

By Offering Type

•  Software
•  Services

By Project Lifecycle

•  Preconstruction
•  Construction
•  Operation

By Application

•  Buildings
•  Industrial
•  Civil Infrastructure
•  Oil & Gas
•  Utilities
•  Others

By End User

•  AEC Professionals
•  Consultants & Facility Managers
•  Others

By Region

•  North America
o  U.S.
o  Canada
•  Europe 
o  Germany
o  U.K.
o  France
o  Italy
o  Spain
o  Rest of Europe
•  Asia Pacific 
o  China
o  India
o  Japan
o  Rest of Asia Pacific
•  Latin America 
o  Brazil
o  Mexico
o  Rest of Latin America
•  Middle East and Africa 
o  UAE
o  South Africa
o  Rest of Middle East and Africa (MEA)

Ready to generate outstanding revenue opportunities with Business Intelligence Insights (BII)’ exclusive Building Information Modeling Market study. Highlights of the overall market will be included in the research, as well as frequently asked questions such as –

•  What are the historical and projected revenue figures, as well as the CAGR, for the forecast period?
•  What is the current trend taking place in the market space?
•  What are the business techniques that will influence competitive scenarios as well as the market's growth potential?
•  What market drivers, restraints, and challenges are influencing market demand and growth?
•  In the approaching years, which regions and segments will generate significant revenue and emerge as industry leaders?

The Building Information Modeling Market report's competitive scenario examines, assesses, and positions firms based on a variety of performance characteristics. The financial performance of organizations over the last few years, growth plans, product innovations, new product launches, investments, market share growth, and so on are some of the elements analysed in this research. Don't wait any longer; take a comprehensive approach and achieve your business objectives with our Building Information Modeling Market Forecast Report 2022- 2028 - Order Now!

About Us

Business Intelligence Insights is the global provider of market intelligence, consultancy services, and syndicated & customized reports. We are focused on assisting business leaders and suppliers in making decisions by providing timely and insightful market research and consulting services. We offer global, and regional expertise in technology, industry, opportunities, trends, industry analysis, market data, and strategic guidance. Our analysis and insight help business professionals, executives, and investors make fact-based technology decisions and achieve their key business objectives. Our reports are featured distinct research approaches, rigorous methodologies, and comprehensive sector coverage.

Contact Us:

Business Intelligence Insights (BII)
Sr. no. 53/2A/1, Office No. 15A, Fourth Floor A Building,
City Vista, Kharadi, Pune, Maharashtra 411014

Tel: +91-9356566332
Email: sales@businessintelligence-insights.com
Website: https://www.businessintelligence-insights.com



Recent Press Releases

Global Silicon Photonics Market Expected to Reach $ 3927.02 Million by 2028 | Business Intelligence Insights (BII)

Global Endoscopy devices Market t Expected to Reach $ 73.1 Billion by 2030 | Business Intelligence Insights (BII)

Global Gene Therapy Market Expected to Reach $ 15594.00 Million by 2028 | Business Intelligence Insights (BII)

Wealth Management Software Market Expected to Reach $ USD 9.7 billion by 2030| Business Intelligence Insights (BII)

Global MICE Market Expected to Reach $2465.6 billion by 2030| Business Intelligence Insights (BII)

Injection Molding Machine Market Expected to Reach $12.93 billion by 2030| Business Intelligence Insights (BII)

Digital Identity Solutions Market Expected to Reach $55.99 billion by 2030| Business Intelligence Insights (BII)

Fuel Cell Market Expected to Reach $ 7,463.9 Million by 2030 | Business Intelligence Insights (BII)

Disposable Gloves Market Expected to Reach USD 16.40 billion by 2028 | Business Intelligence Insights (BII)

Global Active Pharmaceutical Ingredient (API) Market Expected to Reach $305.6 Billion by 2030 | Business Intelligence Insights (BII)

Personalized Medicine Market Expected to Reach USD 4.87 trillion by 2030 | Business Intelligence Insights (BII)

Lithium-ion battery recycling Market Expected to Reach $ 17.6 Billion by 2030 | Business Intelligence Insights (BII)

Global Solid State Battery Market Expected to Reach $260.52 Million by 2028 | Business Intelligence Insights (BII)

Plastic Recycling Market Expected to Reach USD 5688.47 billion by 2030 | Business Intelligence Insights (BII)

Patient Registry Software Market Expected to Reach $ 4,010.7 Million by 2030 | Business Intelligence Insights (BII)

Global Endpoint Security Market Expected to Reach $ 21.2 Billion by 2030 | Business Intelligence Insights (BII)

5G Security Market Expected to Reach $9,705.4 million by 2030| Business Intelligence Insights (BII)

Global Ceramic Armor Market Expected to Reach $ 243.90 Billion by 2028 | Business Intelligence Insights (BII)

Global Contract Research Organization Services (CROs) Market Expected to Reach $155.9 Billion by 2030 | Business Intelligence Insights (BII)

Global OKR Software Market Expected to Reach $4,374.81 Million by 2028 | Business Intelligence Insights (BII)

Simulation Software Market Expected to Reach $ 34.61 Billion by 2030 | Business Intelligence Insights (BII)

IOT Sensors Market Expected to Reach USD 58794.12 million by 2030 | Business Intelligence Insights (BII)

Foot and Ankle devices Market Expected to Reach USD 6.689 billion by 2028 | Business Intelligence Insights (BII)

Smart Pills Technology Market Expected to Reach $6,321.6 million by 2030| Business Intelligence Insights (BII)

Point of Care [POC] Diagnostics Market Expected to Reach $67.15 billion by 2030| Business Intelligence Insights (BII)

Printed Electronics Market Expected to Reach $35,951.3 Million by 2030 | Business Intelligence Insights (BII)

Global Fluorescence In Situ Hybridization (FISH) Imaging Systems Market Expected to Reach $ 1094.71 Billion by 2028| Business Intelligence Insights (BII)

Last-Mile Delivery Market Expected to Reach $368.9 billion by 2030| Business Intelligence Insights (BII)

Electronic Clinical Outcome Assessment (eCOA) Solutions Market Expected to Reach $ 3,349.5 Millionn by 2030 | Business Intelligence Insights (BII)

Global Building Information Modeling Market Market Expected to Reach $10.01 Billion by 2028 | Business Intelligence Insights (BII)

Clean Beauty Market Expected to Reach USD 13496.47million by 2028 | Business Intelligence Insights (BII)

Hybrid Cloud Market Expected to Reach $227.51 billion by 2030| Business Intelligence Insights (BII)

Smart Grid Market Expected to Reach $ 168.6 Billion by 2030 | Business Intelligence Insights (BII)

Smart Pole Market Expected to Reach USD 31903.45 million by 2030 | Business Intelligence Insights (BII)

Liquid Biopsy Market Expected to Reach $ 6365.03 Million by 2028 | Business Intelligence Insights (BII)

Veterinary Software Market Expected to Reach $906.1 Million by 2030 | Business Intelligence Insights (BII)

Electric vehicle charging infrastructure Market Expected to Reach USD 89.90 billion by 2028 | Business Intelligence Insights (BII)

Plant-Based Meat Market Expected to Reach $12,712.4 million by 2030| Business Intelligence Insights (BII)

Facial Recognition Market Expected to Reach $13576.04 million by 2030| Business Intelligence Insights (BII)

Rigid Plastic Packaging Market Expected to Reach $278.4 billion by 2030| Business Intelligence Insights (BII)

Oil Country Tubular Goods (OCTG) Market Expected to Reach $ 32.6 Billion by 2030 | Business Intelligence Insights (BII)

Applicant Tracking System Market Expected to Reach USD 3616.00 million by 2030 | Business Intelligence Insights (BII)

Global EVTOL Aircraft Market Expected to Reach $24.9 Billion by 2030 | Business Intelligence Insights (BII)

Core Banking Software Market Expected to Reach $28.05 billion by 2030| Business Intelligence Insights (BII)

Lorem Ipsum is simply dummy text of the printing and typesetting industry.

Commercial Drone Market Expected to Reach $ 6,651.3 Million by 2028 | Business Intelligence Insights (BII)

Digital PCR Market Expected to Reach USD 1063.75 million by 2030 | Business Intelligence Insights (BII)

Global ADAS Market Expected to Reach $ 28.80 Million by 2030 | Business Intelligence Insights (BII)

Natural Language Processing Market Expected to Reach $ 149.03 Billion by 2030 | Business Intelligence Insights (BII)

Warehouse Automation Market Expected to Reach $44.29 billion by 2030| Business Intelligence Insights (BII)

Digital Twin Market Expected to Reach $110,941.6 Million by 2030 | Business Intelligence Insights (BII)

Vascular Closure Devices Market Expected to Reach $1464.81 million by 2028| Business Intelligence Insights (BII)

3D Cell Culture Market Expected to Reach $ 3,070.1 Million by 2028 | Business Intelligence Insights (BII)

Smart Lighting Market Expected to Reach $44,515.40 million by 2030| Business Intelligence Insights (BII)

Global Edge computing Market Expected to Reach $123.89 billion by 2030| Business Intelligence Insights (BII)

Patient Monitoring Devices Market Expected to Reach USD 70.73 billion by 2030 | Business Intelligence Insights (BII)

Portable Ultrasound Device Market Expected to Reach $ ,737.8 Million by 2030 | Business Intelligence Insights (BII)

Global Automotive Cybersecurity Market Expected to Reach $7681.28 Million by 2030 | Business Intelligence Insights (BII)

Optical Fiber Market Expected to Reach $10,341.2 million by 2030| Business Intelligence Insights (BII)

Global In-Car Infotainment Market Expected to Reach $ 33162.56 Million by 2030 | Business Intelligence Insights (BII)

Value-Based Care Market Expected to Reach USD 9146.21 million by 2030 | Business Intelligence Insights (BII)

Video Conferencing Market Expected to Reach USD 36.27 billion by 2030 | Business Intelligence Insights (BII)

Smart Gas Meter Market Expected to Reach $2800.68 million by 2030| Business Intelligence Insights (BII)

Global Content Delivery Network (CDN) Market Expected to Reach $ 37.30 Billion by 2028 | Business Intelligence Insights (BII)

Ready-To-Drink Cocktails Market Expected to Reach $2009.33 Million by 2030| Business Intelligence Insights (BII)

Global Anti-aging Market Expected to Reach $86.2 Billion by 2030 | Business Intelligence Insights (BII)

Copyright © Business Intelligence Insights.