Building Information Modelling (BIM) Market is Valued at US$ 5.265 Billion in 2017 and will reach US$ 14.033 Billion by the end of 2023, CAGR of 17.5%

Marketprognosis.com Publish a New Market Research Report On “Global Building Information Modelling Market - Growth, Trends and Forecasts (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Building Information Modelling (BIM) Market:

The Global Building Information Modelling (BIM) Market was estimated to be worth USD 5.265 Billion in 2017, and is projected to reach USD 14.033 Billion by 2023, registering a CAGR of 17.5% over the forecast period of 2018-2023. The scope of the report is limited to solutions offered by major players, including the providers of software and services. The regions considered in the scope of the report include North America, Europe, and others. The study also emphasizes on how the deployment of BIM tools for a building helps various people involved in planning and constructing a building.

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In the recent years, owing to its benefits over the existing solutions, such as paper-based design and modeling, and CAD systems, BIM has recorded an increasing adoption. The emergence of BIM has created a paradigm shift within the architecture, engineering, construction, and operations (AECO) industry, by changing the way construction activities are planned, designed, built, and managed. These tools facilitate money saving, time saving, and simplifying the construction processes, thereby driving the Building Information Modelling (BIM) Market. Moreover, companies are trying to develop a standardized BIM model that can be used to integrate the different types of modeling systems. In addition, government norms in various countries are promoting the usage of BIM software in key international markets. Similarly, through its various modules, BIM enhances project performance and productivity. However, cost- and implementation-related issues can act as challenges for the widespread adoption of BIM software.

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In the Asia-Pacific region, the growth in the market is augmented by the growth of the construction industry in countries, such as China and India. Government-aided schemes such as Smart Cities in India, which plan to develop 100 cities with revamped infrastructure in the country, is further expected to drive the demand for BIM solutions. Moreover, China is undertaking various new infrastructural projects. Over the next decade, China plans on moving approximately 250 million people into the country’s rapidly growing megacities, thus increasing the demand for residential and commercial infrastructure.

Major Key Players:

1 Autodesk Inc.

2 Asite Solutions Ltd

3 Bentley Systems Inc.

4 Dassault Systems SA

5 Nemetschek SE

6 Trimble Inc.

7 Aveva Group PLC

8 Bimeye Inc.

9 Topcon Positioning Systems Inc. and More………………..

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Building Information Modelling Market.

Table of Contents:

1 Introduction

2 Research Approach and Methodology

3 Executive Summary

4 Market Dynamics

5 Global Building Information Modelling Market Segmentation

6 Competitive Intelligence - Company Profiles

7 Investment Analysis

8 Outlook of Building Information Modelling Market

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