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Building Information Modeling Market

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

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

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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

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.

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