Building Information Modeling Market
PUBLISHED: 2020 ID: SMRC20229
SHARE
SHARE

Building Information Modeling Market

Building Information Modeling - Global Market Outlook (2019 -2027)

4.3 (82 reviews)
4.3 (82 reviews)
Published: 2020 ID: SMRC20229

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Building Information Modeling Market is accounted for $3.86 billion in 2019 and is expected to reach $13.11 billion by 2027 growing at a CAGR of 16.5% during the forecast period. Strong government supports by making BIM adoption mandatory, rapid urbanization and increase in infrastructure projects are the major factors driving the market growth. However, high initial cost of BIM is restraining the market growth. Moreover, growing use of AR/VR technologies and surging adoption of BIM to design green buildings would provide ample opportunities for the market growth.

Slide54_400x200.png

Building Information Modeling (BIM) is being viewed as a revolutionary technology for the construction sector not only because of its vast ranging functional capabilities but also due to the low risk and high control of operations provisioned by it. 

Based on application, the buildings segment is likely to have a huge demand because of the increasing number of buildings or construction projects, along with business centers, shopping centers, and retail shops. BIM is widely used in building applications to reduce the cost overrun and time overrun, which may help in reducing the delays in the project. By geography, North America is going to have a lucrative growth during the forecast period due to the wide adoption of BIM by architects, engineers, and consultants. The US is expected to lead the North American BIM market as it homes various tier 1 companies and is at the forefront in the adoption of advanced digital systems in the infrastructure domain.

Some of the key players profiled in the Building Information Modeling Market include Archidata Inc, Asite Solutions, Autodesk Inc, Aveva Group Plc, Beck Technology Ltd, Bentley Systems, Cadsoft Corporation, Dassault Systèmes, Hexagon AB, Nemetschek SE, Pentagon Solution Ltd, RIB Software SE, Synchro Software Ltd, Tekla Corporation and Trimble Ltd.

Offering Types Covered:
• Training Services
• Consultancy Service
• Software
• Solution

Project Life Cycles Covered:
• Construction
• Operations
• Preconstruction  

Deployment Models Covered:
• Cloud
• On-Premise

Products Covered:
• 3D BIM Management of Design Models
• 4D BIM Management of Schedule
• 5D BIM Management of Costs

Applications Covered:
• Buildings/ Houses and Apartments
• Civil Infrastructure
• Commercial
• Educational Institutes
• Energy Generation Facilities
• Factories and Warehouses
• Healthcare
• Industrial
• Oil & Gas
• Sports and Entertainment
• Utilities
• Water and Waste Water

End Users Covered:
• Architecture, Engineering and Construction (AEC) Professionals
• Builders & Contractors
• Consultants and Facility Managers
• Developers
• Government
• Owner

Sales Channels Covered:
• Distribution Channel
• Direct Channel

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary       
         
2 Preface   
     
 2.1 Abstract       
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology     
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions     
         
3 Market Trend Analysis      
 3.1 Introduction      
 3.2 Drivers       
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats       
 3.6 Product Analysis      
 3.7 Application Analysis     
 3.8 End User Analysis      
 3.9 Emerging Markets      
 3.10 Impact of Covid-19      
         
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry      
         
5 Global Building Information Modeling Market, By Offering Type  
 5.1 Introduction      
 5.2 Training Services      
 5.3 Consultancy Service      
 5.4 Software       
  5.4.1 Architectural Design    
  5.4.2 Sustainability     
  5.4.3 Structure      
  5.4.4 Mechanical, Electrical, and Plumbing (MEP)  
  5.4.5 Construction     
  5.4.6 Facility Management    
 5.5 Solution       
  5.5.1 Software Support and Maintenance   
  5.5.2 Project Management and Support   
         
6 Global Building Information Modeling Market, By Project Life Cycle  
 6.1 Introduction      
 6.2 Construction      
 6.3 Operations      
 6.4 Preconstruction      
         
7 Global Building Information Modeling Market, By Deployment Model  
 7.1 Introduction      
 7.2 Cloud       
 7.3 On-Premise      
         
8 Global Building Information Modeling Market, By Product    
 8.1 Introduction       
 8.2 3D BIM Management of Design Models    
 8.3 4D BIM Management of Schedule    
 8.4 5D BIM Management of Costs     
         
9 Global Building Information Modeling Market, By Application   
 9.1 Introduction      
 9.2 Buildings/ Houses and Apartments    
 9.3 Civil Infrastructure      
 9.4 Commercial      
 9.5 Educational Institutes     
 9.6 Energy Generation Facilities     
 9.7 Factories and Warehouses     
 9.8 Healthcare      
 9.9 Industrial       
 9.10 Oil & Gas       
 9.11 Sports and Entertainment     
 9.12 Utilities       
 9.13 Water and Waste Water     
         
10 Global Building Information Modeling Market, By End User   
 10.1 Introduction      
 10.2 Architecture, Engineering and Construction (AEC) Professionals 
 10.3 Builders & Contractors     
 10.4 Consultants and Facility Managers    
 10.5 Developers      
 10.6 Government      
 10.7 Owner       
         
11 Global Building Information Modeling Market, By Sales Channel  

 11.1 Introduction      
 11.2 Distribution Channel     
 11.3 Direct Channel      
         
12 Global Building Information Modeling Market, By Geography   
 12.1 Introduction      
 12.2 North America      
  12.2.1 US      
  12.2.2 Canada      
  12.2.3 Mexico       
 12.3 Europe       
  12.3.1 Germany      
  12.3.2 UK      
  12.3.3 Italy      
  12.3.4 France      
  12.3.5 Spain      
  12.3.6 Rest of Europe     
 12.4 Asia Pacific      
  12.4.1 Japan      
  12.4.2 China      
  12.4.3 India       
  12.4.4 Australia      
  12.4.5 New Zealand     
  12.4.6 South Korea     
  12.4.7 Rest of Asia Pacific     
 12.5 South America      
  12.5.1 Argentina     
  12.5.2 Brazil      
  12.5.3 Chile      
  12.5.4 Rest of South America    
 12.6 Middle East & Africa     
  12.6.1 Saudi Arabia     
  12.6.2 UAE      
  12.6.3 Qatar      
  12.6.4 South Africa     
  12.6.5 Rest of Middle East & Africa    
         
13 Key Developments       
 13.1 Agreements, Partnerships, Collaborations and Joint Ventures  
 13.2 Acquisitions & Mergers     
 13.3 New Product Launch     
 13.4 Expansions      
 13.5 Other Key Strategies     
         
14 Company Profiling       
 14.1 Archidata Inc      
 14.2 Asite Solutions      
 14.3 Autodesk Inc      
 14.4 Aveva Group Plc      
 14.5 Beck Technology Ltd     
 14.6 Bentley Systems      
 14.7 Cadsoft Corporation     
 14.8 Dassault Systèmes      
 14.9 Hexagon AB      
 14.10 Nemetschek SE      
 14.11 Pentagon Solution Ltd     
 14.12 RIB Software SE      
 14.13 Synchro Software Ltd     
 14.14 Tekla Corporation      
 14.15 Trimble Ltd      


List of Tables        
1 Global Building Information Modeling Market Outlook, By Region (2018-2027) ($MN)
2 Global Building Information Modeling Market Outlook, By Offering Type (2018-2027) ($MN)
3 Global Building Information Modeling Market Outlook, By Training Services (2018-2027) ($MN)
4 Global Building Information Modeling Market Outlook, By Consultancy Service (2018-2027) ($MN)
5 Global Building Information Modeling Market Outlook, By Software (2018-2027) ($MN)
6 Global Building Information Modeling Market Outlook, By Architectural Design (2018-2027) ($MN)
7 Global Building Information Modeling Market Outlook, By Sustainability (2018-2027) ($MN)
8 Global Building Information Modeling Market Outlook, By Structure (2018-2027) ($MN)
9 Global Building Information Modeling Market Outlook, By Mechanical, Electrical, and Plumbing (MEP) (2018-2027) ($MN)
10 Global Building Information Modeling Market Outlook, By Construction (2018-2027) ($MN)
11 Global Building Information Modeling Market Outlook, By Facility Management (2018-2027) ($MN)
12 Global Building Information Modeling Market Outlook, By Solution (2018-2027) ($MN)
13 Global Building Information Modeling Market Outlook, By Software Support and Maintenance (2018-2027) ($MN)
14 Global Building Information Modeling Market Outlook, By Project Management and Support (2018-2027) ($MN)
15 Global Building Information Modeling Market Outlook, By Project Life Cycle (2018-2027) ($MN)
16 Global Building Information Modeling Market Outlook, By Construction (2018-2027) ($MN)
17 Global Building Information Modeling Market Outlook, By Operations (2018-2027) ($MN)
18 Global Building Information Modeling Market Outlook, By Preconstruction (2018-2027) ($MN)
19 Global Building Information Modeling Market Outlook, By Deployment Model (2018-2027) ($MN)
20 Global Building Information Modeling Market Outlook, By Cloud (2018-2027) ($MN)
21 Global Building Information Modeling Market Outlook, By On-Premise (2018-2027) ($MN)
22 Global Building Information Modeling Market Outlook, By Product (2018-2027) ($MN)
23 Global Building Information Modeling Market Outlook, By 3D BIM Management of Design Models (2018-2027) ($MN)
24 Global Building Information Modeling Market Outlook, By 4D BIM Management of Schedule (2018-2027) ($MN)
25 Global Building Information Modeling Market Outlook, By 5D BIM Management of Costs (2018-2027) ($MN)
26 Global Building Information Modeling Market Outlook, By Application (2018-2027) ($MN)
27 Global Building Information Modeling Market Outlook, By Buildings/ Houses and Apartments (2018-2027) ($MN)
28 Global Building Information Modeling Market Outlook, By Civil Infrastructure (2018-2027) ($MN)
29 Global Building Information Modeling Market Outlook, By Commercial (2018-2027) ($MN)
30 Global Building Information Modeling Market Outlook, By Educational Institutes (2018-2027) ($MN)
31 Global Building Information Modeling Market Outlook, By Energy Generation Facilities (2018-2027) ($MN)
32 Global Building Information Modeling Market Outlook, By Factories and Warehouses (2018-2027) ($MN)
33 Global Building Information Modeling Market Outlook, By Healthcare (2018-2027) ($MN)
34 Global Building Information Modeling Market Outlook, By Industrial (2018-2027) ($MN)
35 Global Building Information Modeling Market Outlook, By Oil & Gas (2018-2027) ($MN)
36 Global Building Information Modeling Market Outlook, By Sports and Entertainment (2018-2027) ($MN)
37 Global Building Information Modeling Market Outlook, By Utilities (2018-2027) ($MN)
38 Global Building Information Modeling Market Outlook, By Water and Waste Water (2018-2027) ($MN)
39 Global Building Information Modeling Market Outlook, By End User (2018-2027) ($MN)
40 Global Building Information Modeling Market Outlook, By Architecture, Engineering and Construction (AEC) Professionals (2018-2027) ($MN)
41 Global Building Information Modeling Market Outlook, By Builders & Contractors (2018-2027) ($MN)
42 Global Building Information Modeling Market Outlook, By Consultants and Facility Managers (2018-2027) ($MN)
43 Global Building Information Modeling Market Outlook, By Developers (2018-2027) ($MN)
44 Global Building Information Modeling Market Outlook, By Government (2018-2027) ($MN)
45 Global Building Information Modeling Market Outlook, By Owner (2018-2027) ($MN)
46 Global Building Information Modeling Market Outlook, By Sales Channel (2018-2027) ($MN)
47 Global Building Information Modeling Market Outlook, By Distribution Channel (2018-2027) ($MN)
48 Global Building Information Modeling Market Outlook, By Direct Channel (2018-2027) ($MN)
         
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials