Global Building Information Modeling (BIM) Extraction Software Market Set to Soar from USD 1.95 Billion in 2018 to USD xx Billion by 2028; Spurred by Rising Demand for 3D Modelling and Cloud Services, Says Study

The global Building Information Modeling (BIM) Extraction Software market is anticipating a prominent surge in growth as per the latest report published by leading market research firm, Dataintelo. The market size, which was valued at USD 1.95 billion in 2018, is projected to skyrocket to USD XX billion by 2028. As per the report, the market is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.2% during 2019-2028. The predicted escalation is ascribed to the massive demand for BIM-based 3D models and the increased adoption rate of cloud-based software services throughout the world.

The BIM Extraction Software market's impressive growth potential is further accentuated by fostering demand for green buildings, industrial facilities, and smart cities. Research suggests a rising trend of constructing these infrastructures with a BIM approach, thus pushing the demand for BIM Extraction Software.

BIM Extraction Software is an open, interdependent ecosystem of software that extracts information from Building Information Models (BIM) and other built assets. It manages, manipulates, and refines that data into useful deliverables. The profound benefits it offers, such as cost and time efficiency, improved risk management, and enhanced productivity, have propelled its adoption in various construction projects worldwide.

The report emphasizes the importance of BIM in current architectural, engineering, and construction (AEC) industries, and how essential the role of BIM Extraction Software is. It also strategically presents the competitive landscape in various regions globally, providing a detailed analysis of the main market players, their products, and the overall market growth.

Growth in demand for BIM Extraction Software indicates a shift towards more tech-driven and sustainable practices in the construction industry. This shift is not only boosting the software market but also sets a promising outlook for the entire architectural and construction industry's future. As the world moves towards smart cities and green buildings, the demand for BIM Extraction Software seems only set to increase

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/78051

𝐓𝐡𝐢𝐬 𝐢𝐬 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐜𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬:

The building information modeling (bim) extraction software market has been segmented on the basis of𝐄𝐱𝐭𝐫𝐚𝐜𝐭𝐢𝐨𝐧 𝐒𝐨𝐟𝐭𝐰𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐲𝐩𝐞
● On-premise Software
● Cloud-based Software

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
● Water and Waste Water
● Rail Transit and Aviation
● Energy Generation Facilities
● Roads
● Bridges
● and Highways
● Houses and Apartments
● Factories and Warehouses
● Educational Institutes and Commercial Spaces
● Government Buildings
● Dams
● Healthcare Facilities
● Sports and Recreational Infrastructure

𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭
● Software
● Services

𝐄𝐧𝐝-𝐮𝐬𝐞𝐫
● Architects
● Engineers
● Contractors
● Owners
● Facility Managers

𝐑𝐞𝐠𝐢𝐨𝐧
● Asia Pacific
● North America
● Latin America
● Europe
● Middle East & Africa

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
● Assemble Systems Autodesk Aveva Bentley ClearEdge3D FARO Geo-matching Gexcel Innovaya Leica Microsoft Nemetschek PointCab Safe SierraSoft Synchro 3D Reshaper Tekla Trimble Vectorworks



Segment Analysis:

The building information modeling (BIM) extraction software market can be segmented primarily into two types - on-premise software and cloud-based software. Providing efficiency, flexibility, and cost-effectiveness, these software types are widely applied across several domains. They are integrated into multiple applications like water and wastewater management, rail transit and aviation, energy generation facilities, roads, bridges, and highways. These software also find applicability in the construction of houses and apartments, factories and warehouses, educational institutes and commercial spaces, government buildings, dams, healthcare facilities, and sports and recreational infrastructure.

The market is further segmented based on components incorporated-software and services. Software forms the backbone of the BIM extraction system, and services accompany them for maintenance and customer assistance. The end-users of this market are diverse, ranging from architects, engineers, contractors, owners, and facility managers, each benefiting from its unique features and capabilities.

Regional Analysis:

Geographically, the building information modeling (bim) extraction software market spreads across Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. The North American region holds significant market share due to the substantial investment in infrastructure development and a surge in the adoption of advanced technologies. However, the Asia Pacific region is expected to witness high growth rate in the forecast period due to the rapidly developing construction sector, particularly in emerging economies like China and India.

Meanwhile, Europe is also a crucial player in the market with a high adoption rate of BIM extraction software technologies, courtesy of its advanced IT infrastructure. Latin America and the Middle East & Africa region also anticipate growth, focusing on modernizing their infrastructure and adopting advanced construction planning tools. The key players in the market who are playing significant roles in the development and innovation within this field are Assemble Systems, Autodesk, Aveva, Bentley, ClearEdge3D, FARO, Geo-matching, Gexcel, Innovaya, Leica, Microsoft, Nemetschek, PointCab Safe, SierraSoft, Synchro, 3D Reshaper, Tekla, Trimble, and Vectorworks

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/78051

Market Drivers:

1. Increasing tendency towards construction automation: Businesses of all sizes are increasingly adopting automation technology to increase efficiency, and the construction sector is no exception. This increased inclination towards automation is driving the adoption of Building Information Modeling(BIM) extraction software.

2. Growing need for improved construction efficiency: The need for improved construction project scheduling, enhanced pre-construction planning, cost optimization are some of the factors driving the adoption of BIM extraction software.

3. Government regulations/support: Many governments across the globe are making it mandatory to use BIM technologies for government construction projects. Such regulations encourage companies to adopt BIM extraction software, thus driving its market.

4. Integration of Cloud and BIM: The integration of cloud technology with BIM empowers teams to collaborate more efficiently and facilitate the extraction and sharing of information.

Opportunities:

1. Demand for green buildings: The increasing demand for sustainable or green buildings is likely to offer growth opportunities for the BIM extraction software market.

2. IoT and AI in Construction: The integration of IoT and AI with BIM can further enhance the process of building design, construction and operations, offering significant opportunities for the BIM extraction software market.

3. Development in emerging economies: Rapid urbanization and construction activities in emerging economies offer significant growth opportunities for the BIM extraction software market as these emerging markets are rapidly adopting advanced construction technologies.

4. Infrastructure development: The growing focus on infrastructure development by various governments across the globe may further boost the demand for BIM extraction software

𝐘𝐨𝐮 𝐜𝐚𝐧 𝐝𝐢𝐫𝐞𝐜𝐭𝐥𝐲 𝐛𝐮𝐲 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐟𝐫𝐨𝐦: https://dataintelo.com/checkout/78051

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