Building Information Modelling Market Analysis
The Building Information Modelling Market size will touch USD 8000
million at a whopping 14.9% CAGR between 2018- 2023, as per the current Market
Research Future (MRFR) analysis. Building information Modelling or BIM is a
form of software that is used by AEC professionals, construction firms, and
real estate companies for effective project life cycle management.
Leading Players:
Key contenders profiled in the global BIM market
report include Archidata Inc, RIB Software SE, Bentley Systems, Trimble Inc,
Asite Limited, Nemetschek SE, Hexagon AB, Aveva Group Plc, Dassault Systèmes,
and Autodesk Inc.
Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/2044
Various factors are propelling the global building
information Modelling market share. According to the recent MRFR report, such
factors include the demand for building information Modelling in the
construction industry, an increasing number of infrastructure projects, rising
urbanization, growing awareness about the benefits of BIM for the AEC industry,
and rising mandates by the government to adopt BIM. Additional factors adding
market growth include the developing economies, growing need for infrastructure
and housing development, and growing worldwide population.
On the contrary, lack of construction safety
equipment, scarcity of skilled labor, and shortage of parts, construction
equipment, and materials due to the COVID-19 outbreak may impede the global
building information Modelling market growth over the forecast period.
Market Segmentation
The MRFR report highlights an inclusive segmental
analysis of the global building information Modelling market based on the
project lifecycle, product, industry, and end user.
By product, the global building information Modelling
market is segmented into BIM training services, BIM software, and BIM project
management. Of these, the BIM software segment will lead the market over the
forecast period. It is predicted to touch USD 1300 million and at a 16.2% CAGR
by 2023.
By project lifecycle, the global building
information Modelling market is segmented into pre-construction, operation, and
construction. Of these, the pre-construction segment will dominate the market
over the forecast period. It is predicted to touch USD 1400 million at a 14.9%
CAGR by 2023.
By end user, the global building information Modelling
market is segmented into engineers, government, and architects. Of these, the
engineers segment will have a major share in the market over the forecast
period. It is likely to touch USD 1300 million at a 14.4% CAGR by 2023.
By industry, the global building information Modelling
market is segmented into commercial, residential sports, entertainment, oil and
gas industries, healthcare, industrial, and others. Of these, the commercial
segment will command the largest share in the market over the forecast period.
It is predicted to touch USD 744 million at an 18.3% CAGR by 2023.
Regional Analysis
Based on the region, the global building information
Modelling market report covers the recent trends and growth opportunities
across the Asia Pacific (APAC), North America, Europe, Latin America, & the
Middle East and Africa. Of these, North America will lead the market over the
forecast period. It is likely to touch USD 1350 million at an 11.2% CAGR by
2023. The growing adoption of cloud-based engineering software, coupled with a
huge number of headquarters, companies, architects, construction companies, and
consultants employed, are adding to the global building information Modelling
market growth in the region.
The building information Modelling market in Europe
is predicted to hold the second-largest share over the forecast period. It is
likely to touch USD 1180 million at a 17% CAGR by 2023. Increased infrastructural
development and high disposable income are adding to the global building
information Modelling market growth in the region.
The building information Modelling market in the
APAC region is predicted to grow at a fast pace over the forecast period. Increasing
smart cities, coupled with the rise in construction activities across
Singapore, China, and Japan is adding to the global building information Modelling
market in the region.
The building information Modelling market in the
LAMEA is predicted to have sound growth over the forecast period.
Get Complete Report Details at: https://www.marketresearchfuture.com/reports/building-information-modelling-market-2044
About Market Research Future:
At
Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
No comments:
Post a Comment