Press release
Building Information Modelling Market To Boom with Huge Growth By 2026
Building Information Modelling
Major players operating in the global building information modelling market include Autodesk Inc., Nementschek SE, Trimble Navigation Ltd., Bentley System, Inc., Asite Ltd, AVEA,RIB Software AG, Dassault Systems, Archidata, Inc., Intergraph Corporation, Beck Technology Ltd., Computer & Structure, Inc., Robert Mcheel & Associates, and Cadsoft
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Building Information Modelling (BIM) technology helps in increasing productivity by minimizing costs and time. Moreover, due to various advanced features such as minimizing the duration of project management, reduce rework, and improve quality have increased demand for BIM in construction industry.
On the basis of offering, the global building information modeling market is segmented into:
-Software
-Service
On the basis of the project type, the global building information modeling market is segmented into:
-Pre-Construction
-Construction
-Other
On the basis of vertical, the global building information modeling market is segmented into:
-Commercial
-Residential
-Infrastructure
-Institutional
-Industrial
-Others
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The US held a dominant position in the market and is projected to retain its dominance throughout the forecast period. Supportive government initiatives in the country creates a highly conducive environment for growth of the BIM market in the region. Europe is expected to be the second largest market during the forecast period. The increasing construction industry become one of the major driver for the growth of the market in this region.
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