openPR Logo
Press release

Building Information Modelling (BIM) Market Trends, Technology Innovations, Upcoming Developments & Review - 2022 | Archidata Inc, RIB Software SE, Bentley Systems, Trimble Inc

01-19-2022 01:49 PM CET | IT, New Media & Software

Press release from: Market Research Future (MRFR)

Building Information Modelling (BIM) Market Review

Building Information Modelling (BIM) Market Review

Building Information Modelling (BIM) Market Analysis

The building information modeling market size will touch USD 8000 million at a whopping 14.9% CAGR between 2018- 2023, as per the current Market Research Future (MRFR) analysis. Building information modeling or BIM is a form of software that is used by AEC professionals, construction firms, and real estate companies for effective project life cycle management.

Various factors are propelling the building information modeling market share. According to the recent MRFR report, such factors include the demand for building information modeling in the construction industry, an increasing number of infrastructure projects, rising urbanization, growing awareness about the benefits of BIM for the AEC industry, and rising mandates by the government to adopt BIM. Additional factors adding market growth include the developing economies, growing need for infrastructure and housing development, and growing worldwide population.

On the contrary, lack of construction safety equipment, scarcity of skilled labor, and shortage of parts, construction equipment, and materials due to the COVID-19 outbreak may impede the building information modeling market growth over the forecast period.

Building Information Modelling (BIM) Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the building information modeling market based on the project lifecycle, product, industry, and end user.

Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/2044

By Project Life cycle:

Depending on Project Lifecycle, the BIM market can be segmented as:

Operation
Pre-construction
Construction
By Industry:

According to the Building Information Modeling Market Analysis, depending on the industry, the worldwide BIM market can be segmented into:

Entertainment
Commercial
Industrial
Oil and Gas industries
Healthcare
Sports
Residential
Others
By Product:

Depending on the Product, the BIM market can be segmented as:

BIM Training Services
BIM Software
Project Management
Check Discount @ https://www.marketresearchfuture.com/check-discount/2044

By end-users:

According to the Building Information Modeling Market Analysis, depending on the end-users, the worldwide BIM market can be segmented into:

Engineers
Architect
Government
Building Information Modelling (BIM) Market Regional Analysis

Based on the region, the global building information modeling market report covers the recent trends and growth opportunities across the Asia Pacific (APAC), North America, Europe, Latin America, & the Middle East and Africa. Of these, North America will lead the market over the forecast period. It is likely to touch USD 1350 million at an 11.2% CAGR by 2023. The growing adoption of cloud-based engineering software, coupled with a huge number of headquarters, companies, architects, construction companies, and consultants employed, are adding to the global building information modeling market growth in the region.

The building information modeling market in Europe is predicted to hold the second-largest share over the forecast period. It is likely to touch USD 1180 million at a 17% CAGR by 2023. Increased infrastructural development and high disposable income are adding to the global building information modeling market growth in the region.

The building information modeling market in the APAC region is predicted to grow at a fast pace over the forecast period. Increasing smart cities, coupled with the rise in construction activities across Singapore, China, and Japan is adding to the global building information modeling market in the region.

The building information modeling market in the LAMEA is predicted to have sound growth over the forecast period.

Get Complete Report Details @ https://www.marketresearchfuture.com/reports/building-information-modelling-market-2044

Building Information Modelling (BIM) Market Key Players

Key contenders profiled in the global BIM market report include –

Archidata Inc
RIB Software SE
Bentley Systems
Trimble Inc
Asite Limited
Nemetschek SE
Hexagon AB
Aveva Group Plc
Dassault Systèmes
Autodesk Inc.

Reasons for Buying This Report:

It Provides A Forward-Looking Perspective on Different Factors Driving or Restraining Market Growth.
It Provides Five-Year Forecast Assessed based on How the Market Is Predicted to Grow.
It Helps in Understanding the Key Product Segments and Their Future.
It Provides Pinpoint Analysis of Changing Competition Dynamics and Keeps You Ahead of Competitors.
It Helps in Making Informed Business Decisions by Having Complete Insights of Market and By Making an In-Depth Analysis of Market Segments.

Related Report Info :

https://stockhouse.com/blogs/technologyresearch/december-2021/north-america-sensor-market-research-2021-top-countries-data-with-cagr-value,-business-out

Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Building Information Modelling (BIM) Market Trends, Technology Innovations, Upcoming Developments & Review - 2022 | Archidata Inc, RIB Software SE, Bentley Systems, Trimble Inc here

News-ID: 2532398 • Views: 349

More Releases from Market Research Future (MRFR)

Sports Medicine Market expected to reach US$9,655.6 million By 2023 at CAGR of 8 …
The global sports medicine market will grow at a CAGR of 8.9% during the forecast period 2017 to 2023. The market for sports medicine is set to reach US$9,655.6 million by 2023. As per sports medicine analysts, the global market is anticipated to witness growth owing to the factors such as on-going technological development as well as the expansion of medical associations. However, sports medicine will face challenges and restraints
Intravenous Immunoglobulin Market at a CAGR of 6.30 % to hit USD 10,485.86 Milli …
The global intravenous immunoglobulin market size is expected to grow by 6.30 % and is expected to reach USD 10,485.86 Million by 2023.Immunoglobins are antibodies which are produced naturally by the immune system, that helps in fighting disease and infection. IVIg or intravenous immunoglobulin is a treatment which combines immunoglobins that different people donate and is provided through a drip for treating various conditions including inflammatory conditions and immune deficiency
Tumor Ablation Market Size, Share, Trends, Demand, Growth, Regional Analysis And …
Market Highlights: Tumor ablation is a technique of removal of cancer tissue or cells of kidney, liver, bone, and soft tissue with invasive procedure. It is considered as excellent and convenient treatment option over other conventional surgical techniques. Factors that are propelling the growth of the tumor ablation market are surge in geriatric population, increase in prevalence of different types of cancer, rise in adoption of minimally invasive surgical procedures, increasing
Compound Feed Market, Key Players Analysis, Business Growth, Regional Trends, De …
Market Overview Market Research Future (MRFR) assessed the global compound feed market 2020 for the assessment period till 2023. The global compound feed market value can expand at 4.02% CAGR through the review period. By 2023, the compound feed market can value at USD 539.99 Bn, asserts MRFR findings. Covid-19 analysis on compound feed market is released with the report. Information offered under Covid-19 compound feed market analysis by proficient researchers

All 5 Releases


More Releases for BIM

Three practical findings from applying BIM in China
This article was previously published in Aquatech. A special tool in digital transformation Building information modelling (BIM) refers to the development of tridimensional digital representations of facilities. With proven benefits in design and construction, BIM is becoming mandatory for environmental infrastructures all over the world. Demand is now growing to extend its usage to Operation & Maintenance (O&M). BIM plays a special role in the digital transformation arsenal as it
Key Emerging Trends in Building Information Modeling Market (BIM)
The building information modeling (BIM) market size is projected to grow from USD 4.5 billion in 2020 to USD 8.8 billion by 2025, at a compound annual growth rate (CAGR) of 14.5%. Rising urbanization and infrastructure projects, growing benefits offered by BIM for the AEC industry, and increasing government mandates for BIM adoption are among the factors driving the growth of the BIM market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95037387 Software to
Building Information Modeling Market (BIM) worth $8.8 billion by 2025
According to the new research report "Building Information Modeling Market (BIM) by Type (Software, Services), Application (Buildings, Civil Infrastructure, Industrial), End-User (AEC, Contractors and Facility Managers), Project Lifecycle, and Region - Global Forecast to 2025", The building information modeling (BIM) market size is projected to grow from USD 4.5 billion in 2020 to USD 8.8 billion by 2025; it is expected to record a compound annual growth rate (CAGR) of
Building Information Modeling (BIM) Market - High Infrastructural Investment to …
The market for building information modelling (BIM) is expected to show steady growth in regions boasting easy access to the latest technologies and high strategic planning in the field of data management. Countries such as Australia, Canada, New Zealand, France, Japan, South Korea, Brazil, the U.K., and the U.S., thus exhibit a high uptake of the BIM software. Most of these countries have started adopting BIM solutions to boost infrastructural
BIM Market Size, Share, Analysis & Growth , 2024
Building Information Modelling Market size is projected to witness a substantial growth in market share during the forecast timespan owing to the optimization of project performance and the increased productivity offered by these tools. It combines aerial imagery, laser scanning and other tools with 3D imaging to increase the productivity of the project. The technology allows for early identification of errors, real-time performance management and reduction of the risk of
Kemnor soars high in Sydney with high-tech BIM Software
BIM (Building Information Modeling) software has been around for over 30 years in its rawest form and has recently come to the design forefront as the software of choice for many international design projects. BIM software offers a new approach to HVAC design, HVAC construction and facility management by encompassing geometry, spatial relationships, geographic information, and the quantities and properties of the buildings components. Basically, BIM is the process of generating and