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Building Information Modeling Market Power of Anticipation Preparing for the Future of Market Size Growth | AVEVA Group plc, Dassault Systèmes, Hexagon AB
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The market is experiencing robust growth propelled by the increasing number of construction projects globally and the rising demand for automated models in the architecture, engineering, and construction (AEC) industry. Additionally, government mandates mandating the use of BIM in building construction are expected to drive its adoption worldwide.
The enhanced data communication and coordination among stakeholders, combined with improved construction productivity, provide a competitive edge to BIM users. Moreover, escalating government mandates for BIM usage worldwide and the flourishing construction industry contribute to market expansion. However, the high cost of software and the scarcity of trained professionals present challenges to market growth. Nevertheless, technological advancements in remote data management and cloud-based solutions facilitating inter-coordination between users create lucrative opportunities for market development.
The global building information modeling market is segmented based on components, deployment models, project life cycles, building types, applications, end-users, and regions. Components are divided into solutions and services, while deployment models encompass on-premise and cloud options. The project life cycle segment includes preconstruction, construction, and operations. Building types are categorized as commercial, residential, and industrial. BIM applications cover planning and modeling, construction and design, asset management, building system analysis and maintenance scheduling, among others. End-users consist of architects/engineers, contractors, and others. The market analysis covers North America, Europe, Asia-Pacific, and LAMEA regions.
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Key players profiled in the building information modeling market analysis include Autodesk, Inc., Asite Solution, Beck Technology Ltd, Bentley Systems, Incorporated, AVEVA Group plc, Dassault Systèmes, Hexagon AB, Nemetschek SE, Pentagon Solution Ltd, and Trimble Ltd. These companies employ diverse strategies to enhance market penetration and strengthen their industry positions.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the building information modeling market along with current trends and future estimations to elucidate imminent investment pockets.
- Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
- Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of building information modeling market for the period 2020-2027 is provided to determine the market potential.
KEY MARKET SEGMENTS
BY COMPONENT
- Solution
- Service
BY DEPLOYMENT MODE
- On-premise
- Cloud
BY PROJECT LIFE CYCLE
- Preconstruction
- Construction
- Operations
BY APPLICATION
- Planning & Modelling
- Construction & Design
- Asset Management
- Building System Analysis & Maintenance Scheduling
- Others
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BY BUILDING TYPE
- Commercial
- Residential
- Industrial
BY END USER
- Architects/Engineers
- Contractors
- Others
BY REGION
- North America
o U.S.
o Canada
- Europe
o UK
o Germany
o France
o Russia
o Italy
o Rest of Europe
- Asia-Pacific
o China
o Japan
o India
o South Korea
o Singapore
o Rest of Asia-Pacific
- LAMEA
o Latin America
o Middle East
o Africa
Market report provides answers to the following key questions:
- What are the strengths and weaknesses of the key vendors?
- Who are the main key players and what are their future business plans?
- What will be the market size and growth rate in the upcoming year?
- What are the major factors driving the global market?
- What are the key market trends influencing global market growth?
- What are the factors trending and impacting market shares in different regions? What is the impact of Covid-19 on the industry?
- Who are the key market players and what are their strategies in the global market?
- What are the market opportunities and threats faced by vendors globally? What industry trends, drivers, and challenges are affecting their growth?
- What are the key findings from the five forces analysis of the global market?
What this research study offers -
- Market assessments conducted at the regional and country levels to provide detailed granularity.
- The study focuses on analyzing the factors that impact competition and pricing dynamics.
- Thorough competitive analysis that traces the value chain from upstream to downstream.
- Predictive analysis of upcoming trends and shifts in the supply and demand dynamics.
- Examination of competitive developments, including technological advancements, mergers and acquisitions, etc., in the market.
- Identification of influential factors driving the market's sustained growth, with periodic analysis using tables and figures for forecasting.
- The provided forecast information will support the development of strategic, innovative, and profitable business plans, along with SWOT analysis of players, investment feasibility, and recommendations.
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Report Ocean:
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Website: https://reportocean.com
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