Title: Building Information Modeling Market - Forecast(2022 - 2027) (1)
1Building Information Modeling MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Building Information Modeling Market Size is
forecast to reach 10.3 billion by 2026, at
a CAGR of 11.6 during forecast period 2021-2026. - Building Information Modeling (BIM) is a process
of generating and managing building data during
its complete lifecycle, from conceptual design
through operation of the building. - It is an integrated workflow that enables
architects, engineers, and builders to explore a
project digitally before building is built. - BIM helps AEC sector in better planning and
designing of the buildings, savings on materials,
less rework and support for prefabrication.
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- Key Takeaways
- The leading companies are continuously taking
active measures in the development of advanced
solutions along with new cloud technologies
benefitting the new players to enter into the
market with the similar software design
specifications. - Numerous players, low switching cost and low
product differentiation decreases the bargaining
power of suppliers. However, emergence of cloud
services have been witnessing growth with
innovative products and being commercialized at a
faster pace leading to significant product
differentiation among top market players. - Association.
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- By Distribution Channel- Segment Analysis
- Architects are a growing market for BIM tools
with the segment growing at 14.2 CAGR through
2026. Construction sector is strategically
significant globally, job creation and for the
delivery and maintenance of built environment.
BIM is being extensively adopted widely in the
public sector and offers the opportunity to
achieve accuracy and certainty in the delivery of
products services. In Singapore, to make the
construction industry successful, the BIM
electronic submission has become compulsory for
practitioners to submit architectural plans in
the BIM format for regulatory approval.
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- Building Information Modeling Market Industry
Outlook - Autodesk, Inc.
- Nemetschek AG
- Dassault Systems AG
- Bentley Systems, Inc.
- Trimble, Inc.
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Building Information Modeling Market -
Forecast(2022 - 2027) Learn
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193/building-information-modeling-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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