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Report Outlook
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 15.1 billion by 2029 | 13.2% | North America |
| by Component | by Deployment | by Application | by End User |
|---|---|---|---|
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SCOPE OF THE REPORT
Building Information Modeling Market Overview
The global Building Information Modeling market size was valued at USD 5.13 billion in 2020, and is projected to reach USD 15.1 billion by 2029, with a CAGR of 13.2% from 2022 to 2029.
Building information modelling is a type of software that is used by real estate corporations, construction companies, architects, engineers, and construction experts for effective project life cycle management. The main objective of information modelling software development is to improve project performance and produce better results. Construction managers can interact and obtain information from relevant disciplines more effectively thanks to BIM. Due to better data coordination, improved stakeholder communication, and increased construction productivity, BIM users gain a competitive edge.
As economies and populations grow, there will be a greater need for infrastructure and housing, which will propel the global construction industry forward. With more construction taking place, more efficient working techniques will be needed. Building project managers, designers, and planners in the construction industry can all work more efficiently with BIM. As a result, the 3D model-based BIM method of carrying out building projects is growing in acceptance all over the world.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion) |
| Segmentation | By Component, By Deployment, By Application, By End User, By Region. |
| By Component
 |
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| By Deployment
 |
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| By Application
 |
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| By End User
 |
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| By Region
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Academics have advocated for the use of emerging technologies such as augmented reality (AR) and virtual reality (VR) to address some of BIM’s fundamental flaws and to open up a new area for advancement in the AEC industry. AR/VR technologies have the potential to improve BIM in a variety of ways, including real-time on-site collaboration, providing significant growth opportunities for the industry.
A building project adopts BIM during the pre-construction (design), construction, and operation phases. It combines all the components of a construction project into a single unit. If a problem arises, users working in different phases can consult the data from that project, preventing cost overrun. In order to avoid needless damage to walls, floors, or ceilings, for instance, plumbers and electricians use BIM to locate pipes and wires for maintenance purposes.
As economies and populations grow, there will be a greater need for infrastructure and housing, which will propel the global construction industry forward. With more construction taking place, more efficient working techniques will be needed. Building project managers, designers, and planners in the construction industry can all work more efficiently with BIM. As a result, the 3D model-based BIM method of carrying out building projects is growing in acceptance all over the world.
The use of augmented reality (AR) enables the construction sector to gain a thorough understanding of each stage of the project lifecycle. Project designers and architects can move different elements around and find any potential issues in the design before a problem arises thanks to reality modelling and 3D.
Builders and owners can estimate and lower the operational costs of the construction process with the aid of the BIM software. However, there is a significant upfront cost involved in putting this software into use. For the technologically advanced software to produce effective results that increase the overall expenditure on expensive network facilities, a suitable network is required. The cost of the software is also increased by the ongoing service and maintenance required.
Furthermore, the rising cost of engineering and construction investments is driving a need for sophisticated cost-cutting strategies. Similar to this, it is anticipated that the market will expand due to the rising number of smart city projects and the high demand for next-generation infrastructure.
Building Information Modeling Market Segment Analysis
The software segment’s share of the building information modelling market will grow significantly during the forecast period. BIM software is a 3D design programmed that can help with design optimization in the fields of architecture, construction, plant, and civil engineering. BIM models are virtualizations of the entire lifecycle of a project, from conception to completion. When BIM is used, projects can be completed more efficiently, affordably, and with less environmental impact. During the forecast period, the significant use of BMI software will drive the BIM market growth.
The building information modelling market is divided into two segments based on deployment: on-premise and cloud. Cloud computing is expected to have the largest market share during the forecast period due to its ease of use and low cost.
The use of BIM is expanding in the construction sector. Commercial, residential, and retail buildings make up the majority of the applications for buildings. These applications center on the adoption of BIM by businesses that are primarily in charge of working on the construction of commercial and retail buildings, including new work, additions, alterations, maintenance, and repairs. Building design with BIM typically occurs in the preconstruction stage, when a building’s 3D model is created and the direction of the entire building project is chosen. Due to the growing number of buildings or construction projects, including office buildings, shopping malls, and retail stores, the BIM market is dominated by applications for buildings.
Building Information Modeling Market Players
The global building information modelling companies profiled in the report 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. Mergers and acquisitions, joint ventures, capacity expansions, significant distribution, and branding decisions by established industry players to improve market share and regional presence. They are also engaged in ongoing R&D activities to develop new products and are focused on expanding the product portfolio. This is expected to increase competition and pose a threat to new entrants into the market.
Recent Development:
- In March 2023, Autodesk Inc. acquired UNIFI Labs, Inc. (US), an essential cloud software solution for organizing, accessing, and managing content in Revit, Civil 3D, Plant 3D, and other digital design tools. The digital asset management capabilities of UNIFI would enable Autodesk’s customer base a faster and more accessible BIM content.
- In April 2023, Asite acquired 3D Repo (UK), a pioneer in cloud-based Building Information Modelling (BIM) collaboration software. This acquisition strengthens Asite’s position as a leader in the digital engineering market, providing customers with advanced tools to manage the entire construction lifecycle.
Who Should Buy? Or Key stakeholders
- Research and development
- Agriculture
- End Use industries
- Aquaculture
- E-Commerce and Retail
- Horticulture & Floriculture
Building Information Modeling Market Regional Analysis
Geographically, the Building Information Modeling market is segmented into North America, South America, Europe, APAC and MEA.
- North America: includes the US, Canada, Mexico
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
North America will account for 38% of market growth during the forecast period. The information modelling market in North America is primarily being developed in the United States. The market growth in this region will be slower than in other regions. Early adoption of cutting-edge digital tools and government regulations requiring the use of BIM software are likely to accelerate market expansion. Similar to North America, South America will experience significant growth during the forecast period due to rising infrastructure and construction spending. By 2022, governments in other nations like Chile and Peru are likely to make it mandatory. This is anticipated to drive the growth of the building information modelling market in the area.
APAC is anticipated to experience the fastest market growth due to the widespread adoption of BIM in major construction and infrastructure projects. Government initiatives are also anticipated to play a significant role in propelling the BIM market in APAC. Authorities in the area have begun enforcing new rules pertaining to building construction permits. For instance, BIM documents and documents pertaining to green certification are already required, especially for public buildings, in Japan, China, and South Korea.
Key Market Segments: Building Information Modeling market
Building Information Modeling Market by Component, 2020-2029, (USD Billion)
- Software
- Services
Building Information Modeling Market by Deployment, 2020-2029, (USD Billion)
- On-Premise
- Cloud
Building Information Modeling Market by Application, 2020-2029, (USD Billion)
- Commercial
- Residential
- Infrastructure
- Industrial
Building Information Modeling Market by End User, 2020-2029, (USD Billion)
- Contractor
- Engineers & Developers
- Architects
Building Information Modeling Market by Regions, 2020-2029, (USD Billion)
- North America
- Europe
- Asia Pacific
- South America
- Middle East And Africa
Important Countries in All Regions Are Covered
Exactitude Consultancy Services Key Objectives:
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the building information modelling market over the next 7 years?
- Who are the major players in the building information modelling market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
- How is the economic environment affecting the building information modelling market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on building information modelling market?
- What is the current and forecasted size and growth rate of the global building information modelling market?
- What are the key drivers of growth in the building information modelling market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the building information modelling market?
- What are the technological advancements and innovations in the building information modelling market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the building information modelling market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the building information modelling market?
- What are the product offerings and specifications of leading players in the market?
- What is the pricing trend of toluene in the market and what is the impact of raw material prices on the price trend?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL BUILDING INFORMATION MODELING MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON BUILDING INFORMATION MODELING MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL BUILDING INFORMATION MODELING MARKET OUTLOOK
- GLOBAL BUILDING INFORMATION MODELING MARKET BY COMPONENT, 2020-2029, (USD BILLION)
- SOFTWARE
- SERVICES
- GLOBAL BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT, 2020-2029, (USD BILLION)
- ON-PREMISE
- CLOUD
- GLOBAL BUILDING INFORMATION MODELING MARKET BY APPLICATION, 2020-2029, (USD BILLION)
- COMMERCIAL
- RESIDENTIAL
- INFRASTRUCTURE
- INDUSTRIAL
- GLOBAL BUILDING INFORMATION MODELING MARKET BY END USE, 2020-2029, (USD BILLION)
- CONTRACTOR
- ENGINEERS & DEVELOPERS
- ARCHITECTS
- GLOBAL BUILDING INFORMATION MODELING MARKET BY REGION, 2020-2029, (USD BILLION)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
10. COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- AUTODESK INC.
- ASITE SOLUTION
- BECK TECHNOLOGY LTD.
- BENTLEY SYSTEMS INCORPORATED
- AVEVA GROUP PLC
- DASSAULT SYSTÈMES
- HEXAGON AB
- NEMETSCHEK SE
- PENTAGON SOLUTION LTD.
- TRIMBLE LTD. *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY REGION (USD BILLION) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA BUILDING INFORMATION MODELING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â US BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â US BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â US BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â US BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA BUILDING INFORMATION MODELING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â COLUMBIA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â COLUMBIA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â COLUMBIA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â COLUMBIA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA PACIFIC BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA PACIFIC BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA PACIFIC BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA PACIFIC BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA PACIFIC BUILDING INFORMATION MODELING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE BUILDING INFORMATION MODELING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â UK BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â UK BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â UK BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â UK BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â Â SPAIN BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 101Â Â Â Â Â Â Â Â Â Â Â SPAIN BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 102Â Â Â Â Â Â Â Â Â Â Â RUSSIA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 103Â Â Â Â Â Â Â Â Â Â Â RUSSIA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 104Â Â Â Â Â Â Â Â Â Â Â RUSSIA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 105Â Â Â Â Â Â Â Â Â Â Â RUSSIA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 106Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 107Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 108Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 109Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 110Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST & AFRICA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 111Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST & AFRICA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 112Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST & AFRICA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 113Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST & AFRICA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 114Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST & AFRICA BUILDING INFORMATION MODELING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 115Â Â Â Â Â Â Â Â Â Â Â UAE BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 116Â Â Â Â Â Â Â Â Â Â Â UAE BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 117Â Â Â Â Â Â Â Â Â Â Â UAE BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 118Â Â Â Â Â Â Â Â Â Â Â UAE BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 119Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 120Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 121Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 122Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 123Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 124Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 125Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 126Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029
TABLE 127Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST & AFRICA BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION) 2020-2029
TABLE 128Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST & AFRICA BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION) 2020-2029
TABLE 129Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST & AFRICA BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 130Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST & AFRICA BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION) 2020-2029Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY COMPONENT, USD BILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT, USD BILLION, 2020-2029
FIGURE 10Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY APPLICATION, USD BILLION, 2020-2029
FIGURE 11Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY END USE, USD BILLION, 2020-2029
FIGURE 12Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 13          PORTER’S FIVE FORCES MODEL
FIGURE 14Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY COMPONENT (USD BILLION), 2021
FIGURE 15Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY DEPLOYMENT (USD BILLION), 2021
FIGURE 16Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY APPLICATION (USD BILLION), 2021
FIGURE 17Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY END USE (USD BILLION), 2021
FIGURE 18Â Â Â Â Â Â Â Â Â Â GLOBAL BUILDING INFORMATION MODELING MARKET BY REGION (USD BILLION), 2021
FIGURE 19Â Â Â Â Â Â Â Â Â Â NORTH AMERICA BUILDING INFORMATION MODELING MARKET SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â EUROPE BUILDING INFORMATION MODELING MARKET SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA BUILDING INFORMATION MODELING MARKET SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â ASIA PACIFIC BUILDING INFORMATION MODELING MARKET SNAPSHOT
FIGURE 23Â Â Â Â Â Â Â Â Â Â MIDDLE EAST ASIA AND AFRICA BUILDING INFORMATION MODELING MARKET SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 25Â Â Â Â Â Â Â Â Â Â AUTODESK INC.: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â Â Â Â Â Â Â ASITE SOLUTION: COMPANY SNAPSHOT
FIGURE 27Â Â Â Â Â Â Â Â Â Â BECK TECHNOLOGY LTD.: COMPANY SNAPSHOT
FIGURE 28Â Â Â Â Â Â Â Â Â Â BENTLEY SYSTEMS INCORPORATED: COMPANY SNAPSHOT
FIGURE 29Â Â Â Â Â Â Â Â Â Â AVEVA GROUP PLC: COMPANY SNAPSHOT
FIGURE 30          DASSAULT SYSTÈMES: COMPANY SNAPSHOT
FIGURE 31Â Â Â Â Â Â Â Â Â Â HEXAGON AB: COMPANY SNAPSHOT
FIGURE 32Â Â Â Â Â Â Â Â Â Â NEMETSCHEK SE: COMPANY SNAPSHOT
FIGURE 33Â Â Â Â Â Â Â Â Â Â PENTAGON SOLUTION LTD.: COMPANY SNAPSHOT
FIGURE 34Â Â Â Â Â Â Â Â Â Â TRIMBLE LTD.: COMPANY SNAPSHOT
FAQ
The building information modeling market size had crossed USD 5.13 billion in 2020 and will observe a CAGR of more than 13.2% up to 2029 driven by the increasing demand to preserve agricultural products.
The upcoming trend in building information modeling market is an opportunity in enterprise applications is an opportunity for market growth.
The global building information modeling market registered a CAGR of 13.2% from 2022 to 2029. The knitted segment was the highest revenue contributor to the market.
The North America dominated the global industry in 2021 and accounted for the maximum share of more than 38% of the overall revenue. The early adoption of advanced digital tools and the government’s mandate on implementing BIM software is likely to boost the market growth.
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