Global Building Information Modeling (BIM) Market: Current and Future Trends

Report Code: IFT295A

Publish Date: Nov 2023

Publisher: BCC Publishing

Category: Information Technology

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Report Highlights

The report provides an overview of the global BIM market and analyzes market trends. Using 2022 as the base year, the report provides estimated market data for the forecast period from 2023 to 2028. This report has segmented the market based on component, deployment, project life cycle, application and region. The report also highlights significant trends and challenges that affect the market and the vendor landscape.

Report Includes

  • An overview of the global market for building information modeling (BIM)
  • An estimate of the market size, and analyses of global market trends with data from 2022 and 2023, estimates for 2024 and 2026, and projections of compound annual growth rates (CAGRs) through 2028
  • An evaluation of the current and future market potential and quantification of the market by component, deployment, project life cycle, application, end-user, and region
  • Discussions of market opportunities for BIM applications, industry structure and regulatory scenarios
  • A look at how BIM enables its users to plan, design and manage building projects more efficiently
  • Detailed ESG performance analysis for BIM market, discussion on current status of ESG and carbon footprint and environmental impact in the global BIM market, and government initiatives and regulations
  • Discussions of technologies such as paper-based design, modeling software and CAD systems, and how they help in increasing efficiency, productivity, quality, infrastructure value, and sustainability
  • A market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and patent activity
  • Company profiles of major players within the industry

Report Scope

The report provides an overview of the global BIM market and analyzes market trends. This report has segmented the market based on component, deployment, project life cycle, application and region. Using 2022 as the base year, the report provides estimated market data for the forecast period from 2023 to 2028. Revenue forecasts for this period are segmented by component, deployment, project life cycle, application and geographical region. Market values have been estimated based on the total revenue of BIM software and solution providers.

The report covers the market for BIM and the user base across different regions. It also highlights significant trends and challenges that affect the market and the vendor landscape.

The market covers solutions and services related to BIM, which helps lower maintenance costs, environmental, social, governance (ESG), EHS monitoring and energy savings to achieve a net zero carbon footprint. Also, it includes how advanced technologies are integrated with software solutions to monitor, predict and analyze businesses to reduce their carbon footprints. The report excludes the hardware components that significantly contribute to the global BIM market.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $8.1 billion
Market size forecast $14.6 billion
Growth rate CAGR of 11.3% for the forecast period of 2023-2028
Units considered $ Millions
Segments covered Component, Deployment, Project Life Cycle, Application, End User
Regions covered North America, Europe, Asia-Pacific, Rest of the World (RoW)
Countries covered U.S., Canada, Mexico, Germany, France, U.K., Russia, Finland, Austria, China, India, Japan, Singapore, Malaysia, Latin America, Middle East and Africa
Key Market Drivers
  • Government Initiatives Promoting BIM Usage
  • BIM Growth in the Construction Industry
Companies studied
ASITEAUTODESK INC.
BECK TECHNOLOGYBENTLEY SYSTEMS INC.
DASSAULT SYSTÈMESHEXAGON AB
NEMETSCHEK SEPENTAGON SOLUTIONS LTD.
TRIMBLE INC.TOPCON POSITIONING SYSTEMS INC.
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Frequently Asked Questions (FAQs)

Global market for BIM was valued at $8.1 billion in 2022 and will reach $14.6 billion by 2028, at a compound annual growth rate (CAGR) of 11.3% during the forecast period 2023-2028.
The key factors driving the growth of the BIM market include government initiatives promoting the usage of BIM, growth in the construction industry, and increasing demand for green buildings.
Global BIM market is based on component, deployment, project life cycle, application, and end-user.
By the end of 2028, the commercial segment will continue to dominate the global BIM market.
North America holds the highest market share in the global BIM market.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

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Title/Chapter NamePagesMember Price
Full Report: Global Building Information Modeling (BIM) Market: Current and Future Trends71Free

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Global Building Information Modeling (BIM) Market: Current and Future Trends
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