Stratview Research publishes a new report titled Building information modeling (bim) Market which is segmented By Application Type (Planning & Modelling, Construction & Design, Asset Management, Building System Analysis & Maintenance Scheduling, Others), By Component Type (Solution, Services), By Deployment Mode Type (On-premise, Cloud), By End-Use Type (Architects/Engineers, Contractors, Others),and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Saudi Arabia, Brazil, and Others]).

Market Insights

The global Building information modeling (bim) Market is projected to grow from USD 5.4 billion in 2020 to USD 10.4 billion by 2026 at a CAGR of over 11.8% during the forecast period of 2021-2026. 

The growth of the market is primarily driven by:

  • Expanding since improved data communication and coordination among various stakeholders, combined with increased construction productivity, gives BIM users a competitive advantage.
  • Furthermore, the rise in government mandates for BIM usage around the world, as well as the expansion of the construction industry.
  • The high cost of software and a scarcity of trained professionals.

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Key players active in the market –

The following are some of the key players in the building information modeling (bim) market:

  • Bentley Systems (US)
  • Trimble (US)
  • Dassault Systèmes (France)
  • RIB Software (Germany)
  • ASITE (UK)
  • AVEVA (UK)
  • Hexagon (Sweden).

Global Building information modeling (bim) Market Report Segments:

The Building information modeling (bim) Market is segmented into the following categories:

Deployment Mode Trends

The market has been classified into On-premise, Cloud. The On-premise segment accounted for the largest market. The rise in concerns about the security of data associated with construction projects, which is extremely valuable, is attributed to the segment's growth.

Regional Trends

The market in North America accounted for the largest market share in 2020. This region was an early adopter of advanced BIM technology, which is a newly developed innovative design and construction approach. This technique has made inroads into the mainstream North American construction industry.

Why is this report beneficial?

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

It also offers –

  • Market Overview
  • Key Manufacturers Profiles
  • Market Analysis by Region
  • Market Segment by Type
  • Market Segment by Application
  • Raw Material and Supply Chain
  • Other Key Research Findings

All the data compiled by the market experts is the outcome of rigorous primary and secondary research conducted on the market players and reliable sources, including company white papers, journals, press releases, and more.

Customization of the report –

At Stratview Research, the market researchers make a note of opportunities, drawbacks/bottlenecks, estimations, and information related to the market using experienced skills and verified methodologies. Our research reports offer an exceptional experience of innovative solutions and outcomes to the users. If required, user can also opt for customization of the report.

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