Building Information Modelling Market, By Type of Solution (Software (Cloud-based software, On-premise software), Consultancy Services), By End User (Engineer, Architect, Contractor, Developer), By End-use Industry (Water and Wastewater Management, Rail T

Building Information Modelling Market, By Type of Solution (Software (Cloud-based software, On-premise software), Consultancy Services), By End User (Engineer, Architect, Contractor, Developer), By End-use Industry (Water and Wastewater Management, Rail Transit and Aviation, Bridges, Roads, and Highways, Energy Generation Facilities, Houses and Apartments, Educational Institutes and Commercial Spaces, Government Buildings, Factories and Warehouses, Dams and Others) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Building information modeling is basically a method supported by different technologies, tools and contracts involving the creation and management of digital models of physical and logical attributes of locations. The concept has its roots in disciplines such as geography, engineering, physics, computer science and software engineering. There are a variety of modeling techniques used for building properties, such as geometry, hydrology and thermodynamics, among others. These models can be analyzed with varying projections and calculations. In this way, the physical features of the location can be accurately represented to yield accurate predictions about climate, demographics, business prospects, and more. This method can also be used for predicting the location in the future, for example, for the purpose of building infrastructure.
Market Dynamics:
Increasing adoption of analytics in architecture, engineering and construction is expected to propel growth of the global building information modeling (BIM) market over the forecast period. For instance, in October 2021, Accelerating Digital Transformation Through BIM SmartMarket Report, a new study conducted by Dodge Data & Analytics, in partnership with Autodesk, demonstrated that building information modeling (BIM) is playing a major role in promoting adoption of analytics in architecture, engineering and construction.
Major players operating in the global building information modeling (BIM) market are focused on adopting partnership strategies to enhance their market share. For instance, in October 2021, Cooper Lighting Solutions, a manufacturer of indoor and outdoor lighting, partnered with BIMsmith to provide a new suite of Building Information Modeling (BIM) resources to the architecture and design community.
Key features of the study:
This report provides in-depth analysis of the global building information modeling (BIM) market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global building information modeling (BIM) market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Autodesk Inc., Nemetschek AG, Beck Technology Ltd., GRAITEC, Dassault Systemes SA, AECOM, Synchro Software Ltd., Pentagon Solutions Ltd, Tekla Corporation, and Bentley Systems Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global building information modeling (BIM) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global building information modeling (BIM) market
Detailed Segmentation:
Type of Solution
Software
Cloud-based software
On-premise software
Consultancy Services
End User
Engineer
Architect
Contractor
Developer
End-use Industry
Water and Wastewater Management
Rail Transit and Aviation
Bridges, Roads, and Highways
Energy Generation Facilities
Houses and Apartments
Educational Institutes and Commercial Spaces
Government Buildings
Factories and Warehouses
Dams and Others