Global Building Information Management System Market 2024-2028

Global Building Information Management System Market 2024-2028

The building information management system market is forecasted to grow by USD 15996.1 mn during 2023-2028, accelerating at a CAGR of 13.26% during the forecast period. The report on the building information management system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in global construction projects, increasing emphasis on designing energy-efficient and eco-friendly buildings, and supportive government initiatives and incentives for emerging smart cities.

Technavio's building information management system market is segmented as below:

By Sector

• Commercial
• Residential
• Industrial
• Institutional

By Type

• Software
• Hardware

By Geography

• Europe
• North America
• APAC
• South America
• Middle East and Africa

This study identifies the integration of cloud-based solutions for real-time collaboration as one of the prime reasons driving the building information management system market growth during the next few years. Also, increasing number of partnerships among bim software providers and construction firms and growing initiatives in providing bim certification programs will lead to sizable demand in the market.

The report on the building information management system market covers the following areas:

• Building information management system market sizing
• Building information management system market forecast
• Building information management system market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading building information management system market vendors that include ACCA software Spa, Accruent, Acuity Brands Inc., Autodesk Inc., Azbil Corp., Bentley Systems Inc., Bricsys NV, Delta Controls Inc., Eleco Plc, Honeywell International Inc., Johnson Controls International Plc., Nemetschek SE, Procore Technologies Inc., RIB Software GmbH, Schneider Electric SE, Siemens AG, Trane Technologies plc, Trimble Inc., and Vantage-BMS. Also, the building information management system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.