Building Information Modeling (BIM) Market 2020 Valuable Growth Prospects and Current Trends Analysis 2025

New York, March 12, 2020: The high growth potential for building information modeling in emerging markets such as Asia-Pacific and complex structures of the healthcare organizations such as hospitals and medical centers provide new growth opportunities to players in this market. The building information modeling market has been segmented based on solution type, end-user, end-use industry, and geography. Based on solution type, the BIM market has been categorized into software and consultancy services.

The Building Information Modeling Market has been segmented based on solution type, end-user, end-use industry, and geography. Based on solution type, the BIM market has been categorized into software and consultancy services. by End-users it covers Architects, Contractors, Engineers and Developers.

According to the Market Research Engine research report, in 2014, the global BIM market was valued at US$ 2.3 Billion and is anticipated to reach a value of US$ 13.2 Billion by the end of 2024, exhibiting a significant more than 18% CAGR between 2017 and 2024.

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On the Basis of Verticals: The Building Information Modeling Market (BIM) based on verticals has been segmented into commercial, residential, educational, healthcare, entertainment, industrial, sports, and others. Building Information Modeling Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for Building Information Modeling Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Building Information Modeling market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

The major driving factors of Building Information Modeling (BIM) Market are as follows:

o Optimized Project Performance and Increased Productivity
o Enhanced Communication and Coordination Throughout the Asset Lifecycle Management Process
o Government Mandates for the Usage of BIM in Various Developed Countries

The major restraining factors of Building Information Modeling (BIM) Market are as follows:

o The High Cost of the Software Required for BIM
o Long Training Periods Decrease the Productivity of the Company

The Major Opportunities in Building Information Modeling (BIM) Market are as follows:

o The Growing Demand for Green Buildings
o Need for Integrated Process for Designing, Collaboration Coordination in the Aec Industry

The Major Challenges in Building Information Modeling (BIM) Market are as follows:

o The Lack of Information and Awareness About BIM

The scope of the report includes a detailed study of Building Information Modeling Market with the reasons given for variations in the growth of the industry in certain regions.

The Building Information Modeling (BIM) Market has been segmented as below:

The Building Information Modeling (BIM) Market is segmented on the Basis of Type, End User Type, Vertical Type and Geography Type. By Type this market is segmented on the basis of Introduction, Services and Software. By End User this market is segmented on the basis of Introduction, Engineers Sector, Owners Sector,
Construction Managers/General Contractors Sector, Architects Sector and Others.
By Vertical this market is segmented on the basis of Introduction, Healthcare sector, Commercial sector, Industrial sector, Educational sector, Sports sector, Residential sector, Entertainment sector and others. By Geography this market is segmented on the basis of North America, Europe, Asia Pacific and Rest of the World.

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Table of Contents

1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in Building Information Modeling (BIM)
4.2 BIM Market -By End User
4.3 BIM Market in the Asia-Pacific Region
4.4 The U.S. Commands the Highest Share in the Building Information Modeling Market
4.5 Global BIM Software and Services Market With Respect to Different Sectors in 2020
4.6 BIM Market, By Region
4.7 Global Building Information Modeling Market By Geography and Vertical,2020

5 Market Overview
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Technology Trends
6.4 Porter's Five Forces Analysis
6.4.1 Bargaining Power of Suppliers
6.4.2 Bargaining Power of Buyers
6.4.3 Threat of Substitutes
6.4.4 Threat of New Entrants
6.4.5 Degree of Competition
6.5 Strategic Benchmarking
6.5.1 Technology Integration & Product Enhancement
7 Building Information Modeling Market Analysis, By Type
8 Building Information Modeling Market, By End User
9 Building Information Modeling Market, By Vertical
10 Building Information Modeling Market, By Geography
11 Competitive Landscape
12. Company Profiles:
12.1 Autodesk Inc.
12.2 Bentley Systems Inc.
12.3 AECOM
12.4 GRAITEC
12.5 Dassault Systemes SA
12.6 Nemetschek AG
12.7 Tekla Corporation
12.8 SynchroSoftware Ltd.
12.9 Pentagon Solutions Ltd.
12.10 Beck Technology Ltd.

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