Press release
Global Building Information Modeling Market Report: Industry Size, Share, Statistics, Companies, and Growth - 2028
The global building information modeling market size was valued at USD 7.9 billion in 2023 and is projected to reach USD 15.0 billion by 2028; it is expected to register a CAGR of 13.7% during the forecast period. Building Information Modeling is more than just a buzzword; it's a paradigm shift in the way construction projects are conceptualized and executed.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95037387
Building Information Modeling Industry Size and Market Dynamics:
Global Growth: The BIM market was experiencing global growth, with regions such as North America, Europe, and the Asia-Pacific showing increased adoption. Emerging markets were also recognizing the benefits of BIM in improving construction efficiency and reducing costs.
Government Initiatives: Many governments were promoting the use of BIM through regulations and mandates. For example, some countries required BIM implementation in public infrastructure projects to enhance collaboration, reduce errors, and improve overall project outcomes.
Technological Advancements: Continuous technological advancements were enhancing BIM capabilities, incorporating features such as 4D and 5D BIM (time and cost dimensions), cloud-based BIM, and interoperability with other software applications used in the construction process.
Industry Collaboration: BIM encouraged collaboration and information sharing among various stakeholders in the construction lifecycle, including architects, engineers, contractors, and facility managers. This collaborative approach helped in minimizing errors, reducing rework, and improving project efficiency.
key players in the BIM industry included:
Autodesk, Inc.: Autodesk is a leading software company that provides a range of BIM solutions, including AutoCAD and Revit. These tools are widely used for 3D modeling, design, and collaboration in construction projects.
Nemetschek Group: The Nemetschek Group is a multinational software provider with a strong presence in the AEC (Architecture, Engineering, and Construction) industry. Its portfolio includes BIM solutions like ArchiCAD and Vectorworks.
Bentley Systems, Incorporated: Bentley Systems offers BIM and infrastructure software solutions, such as MicroStation and AECOsim Building Designer, which are utilized in the design, construction, and operation of infrastructure projects.
Trimble Inc.: Trimble provides advanced technologies for positioning, modeling, connectivity, and data analytics. Its BIM solutions, including Tekla Structures and SketchUp, cater to the construction and engineering sectors.
Dassault Systèmes: Dassault Systèmes offers BIM solutions through its CATIA and 3DEXPERIENCE platforms. These solutions are widely used in various industries, including construction, aerospace, and automotive.
Building Information Modeling Market Statistics and Growth Projections:
The Building Information Modeling (BIM) market is experiencing robust growth, driven by the increasing adoption of digital technologies in the construction and architecture sectors. Here are key statistics and growth projections for the BIM market:
Regional Distribution: The adoption of BIM is widespread globally, with key regions contributing to the market's growth. North America and Europe are significant contributors, given the high level of technological adoption in these regions. The Asia-Pacific region is also emerging as a prominent market for BIM, with increasing construction activities and infrastructure development.
Applications and Segments: BIM is applied across various segments of the construction industry, including residential, commercial, and infrastructure projects. The use of BIM is not limited to the design phase; it extends to construction, maintenance, and even the operational life of buildings. The versatility of BIM contributes to its growing relevance in diverse applications.
Technological Advancements: The BIM market continues to benefit from technological advancements. Integration with technologies such as Augmented Reality (AR) and Virtual Reality (VR) is enhancing the visualization and user experience. The adoption of advanced simulation and analysis tools within BIM platforms is contributing to more accurate and efficient design processes.
Digital Twin Technology: The concept of digital twins, where a virtual replica of a building is created and continuously updated, is gaining traction within the BIM market. This technology extends the benefits of BIM beyond the construction phase, supporting ongoing maintenance and optimization.
Global Construction Trends: The growth of the BIM market share is closely tied to global construction trends. As construction practices evolve, and infrastructure projects become more complex, the demand for BIM solutions is expected to rise, contributing to the market's expansion.
Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=95037387
In 2022, North America accounted for the greatest share of the BIM market; this trend is anticipated to continue in the anticipated year. Numerous ecosystem participants, including Autodesk Inc., Bentley Systems, Trimble Inc., Procore Technologies, Inc., Archidata Inc., etc., are responsible for the region's success. The region's architects, engineers, and consultants have used BIM widely, and as a result, the BIM market is anticipated to grow rapidly in the near future.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
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 Global Building Information Modeling Market Report: Industry Size, Share, Statistics, Companies, and Growth - 2028 here
News-ID: 3348759 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for BIM
Elevating Construction with BIM to BIM Studio's Smart BIM Services
Bim to Bim Studio is transforming the AEC industry with advanced Building Information Modeling (BIM) solutions. Our expert team offers BIM modeling, clash detection, 4D/5D scheduling, and MEP coordination services, helping construction companies streamline their projects with precision and efficiency.
With a client-focused approach, we deliver customized BIM strategies for architects, engineers, and contractors across the globe. Whether it's a large commercial project or a detailed infrastructure plan, Bim to Bim…
Insights into the BIM Modeling Services Market 2025: Healthy CAGR and Business S …
The worldwide "BIM Modeling Services Market" 2025 Research Report presents a professional and complete analysis of the Global BIM Modeling Services Market in the current situation. This report includes development plans and policies along with BIM Modeling Services manufacturing processes and price structures. the reports 2025 research report offers an analytical view of the industry by studying different factors like BIM Modeling Services Market growth, consumption volume, Market Size, Revenue,…
BIM Implementation Plan
Introduction
Building Information Modeling (BIM) is revolutionizing the construction and architecture industries, enabling better collaboration, increased efficiency, and improved project outcomes. A well-crafted BIM implementation plan is essential for maximizing its benefits. This blog outlines the critical steps to develop an effective BIM implementation plan that aligns with your organization's goals.
Establish Clear Objectives
Identify Goals: Start by defining what you want to achieve with BIM. This could range from improving collaboration and…
Tejjy Expands Architectural BIM Workforce Amid Growing Demand for BIM Services
Tejjy, being one of the leading architectural BIM and VDC services provider in Maryland, is looking forward to expanding its workforce to meet the rising Architectural BIM demand.
Expanding Team to Meet Industry Needs
Currently the company is actively seeking professionals skilled in various BIM roles, including:
MEP Modeler
Mechanical BIM Coordinator
BIM Architectural Designer
BIM engineer
The company's recent surge in federal and commercial projects necessitates…
Revit BIM Modeling Services and BIM Outsourcing Market Growth Drivers, and Compe …
Worldwide Market Reports announces the publication of its most recently generated research report titled, "Revit BIM Modeling Services and BIM Outsourcing Market - Forecast to 2030", which offers a holistic view of the Revit BIM Modeling Services and BIM Outsourcing market through systematic segmentation that covers every aspect of the target market. Revit BIM Modeling Services and BIM Outsourcing with 100+ market data Tables, Pie Chat, Graphs, and Figures spread…
Top BIM Company Prioritizing Onshore BIM Detailing in USA
Building Information Modeling (BIM) detailing is revolutionizing the architecture business in the digital age. It navigates the complexities of the 21st-century architectural world with precision, cutting-edge techniques combining engineering, construction, and architectural processes into a unified whole. With revolutionary tools, project teams improve communication, minimize information loss, and speed up problem-solving throughout the building's lifespan by using detailed 3D models of buildings.
The V.P. of Top BIM Company - "Transforming our…