The global building information modeling market is expected to reach USD 21.15 Billion by 2032, at a CAGR of 12.4% during the forecast period 2023 to 2032.
Building Information Modeling (BIM) is a digital approach used in the architecture, engineering, and construction industry to create and manage a central, shared model that contains all relevant information about a building project.
This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Building Information Modeling market. The survey included a diverse set of players, including a balance of leading and growing manufacturers for business profiling, such as;
Autodesk Inc., Bentley Systems, Inc., Trimble Inc., Nemetschek SE, Dassault Systèmes SE, Hexagon AB, PlanGrid Inc., Procore Technologies Inc., Asite Ltd., AVEVA Group plc, Graphisoft SE, Bluebeam Inc., Newforma LLC, Viewpoint Inc., Archidata Inc., RIB Software SE, Innovaya LLC, Thinkproject AG
Our expert team is consistently working on updated data and information on the key player’s related business processes that value the market for future strategies and predictions
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Market Segmentation:
By Deployment Type (On-Premises Deployment and Cloud Deployment
By Application (Industrial, Civil Infrastructure, Oil & Gas, Utilities, and Others)
Covered in this Report:
1. Go-to-market Strategy.
2. Neutral perspective on the market performance.
3. Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status.
4. Customized regional/country reports as per request and country level analysis.
5. Potential & niche segments and regions exhibiting promising growth covered.
6.Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Industry Developments:
In November 2022, Bentley has unveiled enhanced capabilities for its iTwin Platform, which greatly broaden the range and interoperability of infrastructure data available for engineering firms and owner-operators to utilize in creating and leveraging digital twins in design, construction, and operations workflows. These new features of the iTwin Platform will serve as the backbone of Bentley Infrastructure Cloud, a comprehensive suite of solutions that encompass the entire infrastructure lifecycle and value chain, including ProjectWise, SYNCHR, and iTwin Platform. This expansion of the iTwin Platform’s capabilities empowers users with advanced tools for managing and collaborating on data, enabling more streamlined and efficient workflows throughout the entire infrastructure industry.
Regional Analysis for Building Information Modeling Market:
✫ North America: (U.S., Canada, Mexico)
✫ Europe: (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific: (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America: (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa: (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
⏩ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
⏩ Top-down and bottom-up approach for regional analysis
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Frequently asked questions:
➥ What is the market size of the Building Information Modeling market?
➥ What is the market growth rate of the Building Information Modeling market?
➥ What are the Building Information Modeling market opportunities and threats faced by the vendors in the global Building Information Modeling Industry?
➥ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➥ What focused approach and constraints are holding the Building Information Modeling market?
➥ What are the different sales, marketing, and distribution channels in the global industry?
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