Building Information Modelling (BIM) Market Projected to Hit USD 25.61 Billion at a 14.9% CAGR by 2030 – Report by Market Research Future (MRFR)

Research Reports

Jul 20, 2023

Market Research Future Insights

According to MRFR analysis, Building Information Modelling (BIM) market is expected to register a CAGR of ~ 14.9% from 2022 to 2030 and hold a value of over USD 25.61 billion by 2030. The global Building Information Modeling (BIM) market has been experiencing significant growth over the past few years.

The increasing adoption of BIM technology across various industries, such as construction, architecture, engineering, and facility management, is driving market growth. The market is also being fueled by the growing demand for efficient project management, cost control, and sustainability in the construction sector.

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Key Players

  • Autodesk Inc.
  • Hexagon AB
  • Trimble Inc.
  • Dassault Systemes SA
  • Nemetschek S
  • Bentley Systems
  • Aveva Group PLC
  • Rib Software SE
  • Archidata Inc.
  • Procore Technologies, Inc.
  • Arcadiasoft
  • Acca Software
  • Beck Technology Ltd.

 

Regional Analysis

North America has been a prominent market for BIM, driven by the presence of major market players, technological advancements, and government initiatives. The United States and Canada are the key contributors to the BIM market in this region. The adoption of BIM in North America is primarily due to the need for improved infrastructure management, cost efficiency, and sustainability in the construction industry.

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Europe is another significant market for BIM, with countries like the United Kingdom, Germany, France, and Italy leading the adoption. The European construction industry has recognized the benefits of BIM in terms of reducing project costs, improving collaboration, and enhancing building performance. Government regulations and initiatives promoting the use of BIM have also contributed to its growth in this region.

The Asia Pacific region has witnessed rapid growth in the BIM market, driven by the booming construction industry and increasing infrastructure development activities. Countries such as China, Japan, India, and South Korea are key contributors to the market. Rising urbanization, population growth, and government initiatives to develop smart cities have propelled the adoption of BIM in this region.

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Market Segmentation

Building Information Modelling (BIM) market has been segmented into Component, Project Lifecycle, Deployment Model, and End User.

Component:  BIM Software, BIM Services

Project Lifecycle: Pre-construction, Construction, Operation

Deployment Model: On-premise, On-cloud

End User:  Government, Architect, Engineering, Contractors, Facility Managers, Maintenance Technicians, Academic

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Tags: BIM Market, Building Information Modelling (BIM) Market, Building Information Modelling (BIM) Market Share, Building Information Modelling (BIM) Market Size, US Building Information Modelling (BIM) Market, UK BIM Market See Campaign: https://www.marketresearchfuture.com/reports/building-information-modelling-market-2044

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