Global Building Information Modeling Market 2022-2026

Global Building Information Modeling Market 2022-2026

Technavio has been monitoring the building information modeling market and it is poised to grow by $ 8.42 bn during 2022-2026, accelerating at a CAGR of 19.14% during the forecast period. Our report on the building information modeling 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 of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising in work from a home model, the growing need for building automation to enhance business outcomes, and rapid population growth increases the demand for residential sectors.

The building information modeling market analysis includes type segment and geographic landscape.

Technavio's building information modeling market is segmented as below:

By Type

• Software
• Services

By Geographical Landscape

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

This study identifies the rising urbanization and infrastructure projects as one of the prime reasons driving the building information modeling market growth during the next few years. Also, the emergence of customized building information modeling software and increasing integration of IoT with building information modeling software will lead to sizable demand in the market.

Technavio 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. Our report on the building information modeling market covers the following areas:

• Building information modeling market sizing
• Building information modeling market forecast
• Building information modeling market industry analysis

Technavio's 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 modeling market vendors that include 4M SA Advanced Software Engineering Systems, ABB Ltd., ACCA software Spa, AECOM, Asite Solutions Ltd., Autodesk Inc., AVEVA Group Plc, Bentley Systems Inc., Cadsoft Corp., Dassault Systemes SE, GRAITEC Innovation SAS, Hexagon AB, Nemetschek SE, Pinnacle Infotech Inc., Planner, Planon Shared Services BV, Schneider Electric SE, Siemens AG, The Beck Group, and Trimble Inc. Also, the building information modeling 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.