Exclusive Report on Global BIM in Construction Industry: Post-COVID Growth Opportunity Analysis, Key Players |Autodesk, Inc., Asite Solution, and Beck Technology Ltd

The global BIM in Construction market size is expected to reach $13.44 Billion by 2028 growing at the CAGR of 14.51% from 2021 to 2028.

BIM (Building Information Modeling) has offered numerous benefits to modular and prefabricated construction, such as production, development, and execution of the modular construction. This in turn helps to save time and cost by optimizing the manufacture of prefabricated components. The modular or prefabricated construction is expected to witness higher growth over the coming forecast period due to the increasing demand for affordable housing in various markets.

Additionally, cost-cutting methods drive the growth of BIM in the construction field. In conclusion, the growth in BIM market is anticipated to be influenced by a number of factors such as reduction in construction costs, application scope across various project types, and factor criticalities for companies producing preassembled building elements.

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Key Players

Some of the major BIM in Construction players holding high market share include Autodesk, Inc., Asite Solution, and Beck Technology Ltd.. These players use new product developmen and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
● Autodesk, Inc.
● Asite Solution
● Beck Technology Ltd.
● Bentley Systems, Incorporated
● AVEVA Group Plc.
● Dassault Systèmes
● Hexagon AB
● Nemetschek SE
● Pentagon Solution Ltd.
● Trimble Ltd.

The recently published research report on Global BIM in Construction Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the BIM in Construction market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the BIM in Construction market report also includes the following data points:
● COVID19 Impact on BIM in Construction market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in BIM in the Construction market

Segmental Analysis

Market Segment By Offering Type with focus on market share, consumption trend, and growth rate of BIM in Construction Market:
o Software
o Services

Market Segment By Application with the focus on market share, consumption trend, and growth rate of BIM in the Construction Market:
o Buildings
o Industrial
o Civil Infrastructure
o Oil & Gas
o Others

Market Segment By Project Life Cycle with a focus on market share, consumption trend, and growth rate of BIM in Construction Market:
o Preconstruction
o Construction
o Operations

For more information: https://evolvebi.com/product/bim-in-construction-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/

Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)

Technological innovations, along with supportive government policies and rapidly-growing construction sector are some important factors driving the growth of this sector across North America, wherein U.S. is expected to contribute maximum demand due to technological advancements in products offered by market players operating in the market. Emerging sectors, including retail, healthcare, entertainment, and industrial are some key areas where BIM applications are being used widely.
However, the Asia Pacific region is estimated to observe the fastest growth over the forecast period owing to the surging construction industry as well as growing demand for BIM technology in countries such as China and India

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