Building Information Modeling (BIM) Market to Reach US$ 12 Billion by 2022

New York, January 16: Market Research Engine has published a new report titled as “Building Information Modeling (BIM) Market (Solution - Software, Consultancy Service; Software Solutions - End-user - Architects, Contractors, Engineers, Developers) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2022”

According to the Market Research Engine research report, in 2014, the global BIM market was valued at US$2.3 bn and is anticipated to reach a value of US$12 bn by the end of 2022, exhibiting a significant more than 18% CAGR between 2015 and 2022.

Browse Full Report: https://www.marketresearchengine.com/reportdetails/building-information-modeling-market

Building information modeling (BIM) is a 3D visual presentation of a technical drawing that includes the plan, elevation, and section of a building. It gives architects, engineers, and contractors a brief visualization or an overview of the building, and makes it easier to implement and convey the information more precisely. The BIM tool is considered to be one of the game-changing elements in the AEC industry.

The high growth potential for building information modeling in emerging markets such as Asia-Pacific and complex structures of the healthcare organizations such as hospitals and medical centers provide new growth opportunities to players in this market. The building information modeling market has been segmented based on solution type, end-user, end-use industry, and geography. Based on solution type, the BIM market has been categorized into software and consultancy services.

The global BIM market, in the current situation, showsthe presence of key players including Autodesk Inc., Bentley Systems Inc.,AECOM, GRAITEC, Dassault Systemes SA, Nemetschek AG, Tekla Corporation, SynchroSoftware Ltd., Pentagon Solutions Ltd., and Beck Technology Ltd.

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The global BIM market is segmented as follows:

BIM Market Analysis, by Solution type

• Software
• Consultancy Service

BIM Software Market Analysis, by Type

• On-premise Software
• Cloud-based Software

BIM Market Analysis, by End-users

• Architects
• Contractors
• Engineers
• Developers

On the Basis of End Users:

The global building information modeling (BIM) market based on end user is categorized into construction manager/general contractor, architect, engineer,owner and others.

On the Basis of Verticals:

The building information modeling market (BIM) based on verticals has been segmented into commercial, residential,educational, healthcare, entertainment, industrial, sports, and others.

BIM Market Analysis, by Geography

• North America
o U.S.
o Rest of North America

• Europe
o EU7
o CIS
o Rest of Europe

• Asia-Pacific
o Japan
o China
o Australasia
o Rest of Asia Pacific

• Middle East and Africa (MEA)
o GCC Countries
o North Africa
o South Africa
o Rest of MEA

• Latin America
o Brazil
o Rest of Latin America

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