Building Information Modeling Market By Component, By Deployment Mode, By Building Type, By Application, By End-User : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Building Information Modeling Market," The building information modeling market was valued at $7.9 billion in 2022, and is estimated to reach $34.2 billion by 2032, growing at a CAGR of 16% from 2023 to 2032.

Building Information Modeling Market - IMG1

Building information technology refers to a collaborative process that helps architects, engineers, real estate developers, contractors and manufacturers and other construction professionals to strategize, design and construct a structure within a 3D technology model.

Industries such as

1) construction, architecture, and engineering are increasingly adopting BIM technology. It allows for better collaboration, improved project visualization, and enhanced decision-making processes. Furthermore, BIM integrated with IoT sensors is a trend, enabling real-time monitoring of buildings and infrastructure. This integration provides valuable data for maintenance and operational purposes. Moreover, BIM usage is extending beyond design and construction phases to include facility management and maintenance. This lifecycle approach is establishing BIM as a valuable tool throughout the entire lifespan of a building and infrastructure.

The key factors such as

1) government mandating for building information modeling usage (BIM) and the increasing adoption of digital technology by construction sector are driving building information modeling market growth. Furthermore, increasing initial expenditure on BIM technology is expected to hamper the building information modeling market growth during the forecast period. Moreover, the emergence of virtual reality (VR) and augmented reality (AR) technologies and their integration with BIM is providing an opportunity for building information modeling market growth during the forecast period.

The building information modeling market is segmented based on component, deployment mode, project life cycle, building type, application, end-user and region. In terms of component, the market is divided into solution and service. By deployment mode the market is divided into on-premise and cloud. By building type, the market is divided into commercial, and residential. By application, the market is divided into planning and modelling, construction and design, asset management, building system analysis and maintenance scheduling. By end user, the market is divided into architects/engineers, contractors and others. By region-wise the market is divided into North America, Europe, Asia-Pacific and LAMEA.

The report analyzes the profiles of key players operating in the building information modeling market such as

1) Aveva Group Plc., Hexagon AB, Trimble Inc., Autodesk Inc., Beck Technolgy Ltd., Pentagon Solution Ltd., Nemetschek SE, Bentley Systems Inc., Dassault Systemes, and Asite Solutions Ltd. These players have adopted various strategies to increase their market penetration and strengthen their position in the building information modeling market.

Market players adopted different strategies for enhancing their services in the market and improving customer satisfaction. For instance, in July 2021, AVEVA Group PLC signed a partnership agreement with RIB Software (RIB), a global leader in digital technologies for construction, to enhance AVEVA's Project execution portfolio offering for process and plant industries. The integration will extend the AVEVA unified project execution solution to include new capabilities from the RIB MTWO platform such as

1) enhanced estimation and project cost controls, more powerful dashboards and KPI monitoring, and optimized construction management with full Connected Worker capabilities in the Cloud. Furthermore, in December 2020, Nemetschek Group acquired DEXMA. DEXMA is a rapidly expanding supplier of cutting-edge software as a service SaaS solutions for energy data management that use artificial intelligence (AI) and machine learning (ML) capabilities. The organization facilitates efficient measurement, tracking, and administration of energy expenses and usage for more than 4,000 clients across 30 nations. Therefore, such strategies are expected to boost the growth of the cloud data security market in the upcoming years.

Key Market Insights

By component type, solution segment was the highest revenue contributor to the market, and is estimated to $ 21626.23 million by 2032, with a CAGR of 15.1%. However, the service segment is expected to be the fastest growing segment with a CAGR of 17.9% during the forecast period.
By deployment mode, the on-premise segment dominated the global market, and is estimated to reach $ 18698.18 million by 2032, with a CAGR of 15.0%.
By building type, the commercial segment dominated the global market, and is estimated to reach $ 24893.57 million by 2032, with a CAGR of 17.9%.
By application, the planning and modelling segment dominated the global market, and is estimated to reach $ 10583.48 million by 2032, with a CAGR of 12.8%.
By end-user, architects/engineers segment dominated the global market, and is estimated to reach $ 16998.58 million by 2032, with a CAGR of 14.4%.
Based on region, North America was the highest revenue contributor, accounting for $ 2867.5 million in 2022, and is estimated to reach $ 7697.95 million by 2032, with a CAGR of 10.4%.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Investment Opportunities
Market share analysis of players by products/segments
Regulatory Guidelines
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Market share analysis of players at global/region/country level

Key Market Segments

By Deployment Mode

On-premise
Cloud

By Building Type

Commercial
Residential

By Application

Planning and Modelling
Construction and Design
Asset Management
Building System Analysis and Maintenance Scheduling

By End-User

Architects/Engineers
Contractors
Others

By Component

Solution
Service

By Region

North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

Bentley Systems, Incorporated
Nemetschek Group
Beck Technology Ltd.
Trimble, Inc.
HEXAGON AB
Pentagon Solutions Ltd.
Asite Solutions Ltd.
Autodesk Inc.
Dassault Systemes
AVEVA Group PLC.

Product Code: A00919

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Government mandating Building Information Modeling (BIM) usage
  - 3.4.1.2. Increase in adoption of digital technology by construction sector
- 3.4.2. Restraints
  - 3.4.2.1. Increase in initial expenditure on Building Information Modeling (BIM) technology
- 3.4.3. Opportunities
  - 3.4.3.1. Integration of virtual reality (VR) and augmented reality (AR) technologies with Building Information Modeling (BIM) technology

CHAPTER 4: BUILDING INFORMATION MODELING MARKET, BY COMPONENT

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Solution
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Service
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country

CHAPTER 5: BUILDING INFORMATION MODELING MARKET, BY DEPLOYMENT MODE

5.1. Overview
- 5.1.1. Market size and forecast
5.2. On-premise
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Cloud
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: BUILDING INFORMATION MODELING MARKET, BY BUILDING TYPE

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Commercial
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Residential
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country

CHAPTER 7: BUILDING INFORMATION MODELING MARKET, BY APPLICATION

7.1. Overview
- 7.1.1. Market size and forecast
7.2. Planning and Modelling
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
7.3. Construction and Design
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
7.4. Asset Management
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
7.5. Building System Analysis and Maintenance Scheduling
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country

CHAPTER 8: BUILDING INFORMATION MODELING MARKET, BY END-USER

8.1. Overview
- 8.1.1. Market size and forecast
8.2. Architects/Engineers
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by region
- 8.2.3. Market share analysis by country
8.3. Contractors
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by region
- 8.3.3. Market share analysis by country
8.4. Others
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by region
- 8.4.3. Market share analysis by country

CHAPTER 9: BUILDING INFORMATION MODELING MARKET, BY REGION

9.1. Overview
- 9.1.1. Market size and forecast By Region
9.2. North America
- 9.2.1. Key market trends, growth factors and opportunities
- 9.2.2. Market size and forecast, by Component
- 9.2.3. Market size and forecast, by Deployment Mode
- 9.2.4. Market size and forecast, by Building Type
- 9.2.5. Market size and forecast, by Application
- 9.2.6. Market size and forecast, by End-User
- 9.2.7. Market size and forecast, by country
  - 9.2.7.1. U.S.
  - 9.2.7.1.1. Market size and forecast, by Component
  - 9.2.7.1.2. Market size and forecast, by Deployment Mode
  - 9.2.7.1.3. Market size and forecast, by Building Type
  - 9.2.7.1.4. Market size and forecast, by Application
  - 9.2.7.1.5. Market size and forecast, by End-User
  - 9.2.7.2. Canada
  - 9.2.7.2.1. Market size and forecast, by Component
  - 9.2.7.2.2. Market size and forecast, by Deployment Mode
  - 9.2.7.2.3. Market size and forecast, by Building Type
  - 9.2.7.2.4. Market size and forecast, by Application
  - 9.2.7.2.5. Market size and forecast, by End-User
9.3. Europe
- 9.3.1. Key market trends, growth factors and opportunities
- 9.3.2. Market size and forecast, by Component
- 9.3.3. Market size and forecast, by Deployment Mode
- 9.3.4. Market size and forecast, by Building Type
- 9.3.5. Market size and forecast, by Application
- 9.3.6. Market size and forecast, by End-User
- 9.3.7. Market size and forecast, by country
  - 9.3.7.1. UK
  - 9.3.7.1.1. Market size and forecast, by Component
  - 9.3.7.1.2. Market size and forecast, by Deployment Mode
  - 9.3.7.1.3. Market size and forecast, by Building Type
  - 9.3.7.1.4. Market size and forecast, by Application
  - 9.3.7.1.5. Market size and forecast, by End-User
  - 9.3.7.2. Germany
  - 9.3.7.2.1. Market size and forecast, by Component
  - 9.3.7.2.2. Market size and forecast, by Deployment Mode
  - 9.3.7.2.3. Market size and forecast, by Building Type
  - 9.3.7.2.4. Market size and forecast, by Application
  - 9.3.7.2.5. Market size and forecast, by End-User
  - 9.3.7.3. France
  - 9.3.7.3.1. Market size and forecast, by Component
  - 9.3.7.3.2. Market size and forecast, by Deployment Mode
  - 9.3.7.3.3. Market size and forecast, by Building Type
  - 9.3.7.3.4. Market size and forecast, by Application
  - 9.3.7.3.5. Market size and forecast, by End-User
  - 9.3.7.4. Italy
  - 9.3.7.4.1. Market size and forecast, by Component
  - 9.3.7.4.2. Market size and forecast, by Deployment Mode
  - 9.3.7.4.3. Market size and forecast, by Building Type
  - 9.3.7.4.4. Market size and forecast, by Application
  - 9.3.7.4.5. Market size and forecast, by End-User
  - 9.3.7.5. Spain
  - 9.3.7.5.1. Market size and forecast, by Component
  - 9.3.7.5.2. Market size and forecast, by Deployment Mode
  - 9.3.7.5.3. Market size and forecast, by Building Type
  - 9.3.7.5.4. Market size and forecast, by Application
  - 9.3.7.5.5. Market size and forecast, by End-User
  - 9.3.7.6. Rest of Europe
  - 9.3.7.6.1. Market size and forecast, by Component
  - 9.3.7.6.2. Market size and forecast, by Deployment Mode
  - 9.3.7.6.3. Market size and forecast, by Building Type
  - 9.3.7.6.4. Market size and forecast, by Application
  - 9.3.7.6.5. Market size and forecast, by End-User
9.4. Asia-Pacific
- 9.4.1. Key market trends, growth factors and opportunities
- 9.4.2. Market size and forecast, by Component
- 9.4.3. Market size and forecast, by Deployment Mode
- 9.4.4. Market size and forecast, by Building Type
- 9.4.5. Market size and forecast, by Application
- 9.4.6. Market size and forecast, by End-User
- 9.4.7. Market size and forecast, by country
  - 9.4.7.1. China
  - 9.4.7.1.1. Market size and forecast, by Component
  - 9.4.7.1.2. Market size and forecast, by Deployment Mode
  - 9.4.7.1.3. Market size and forecast, by Building Type
  - 9.4.7.1.4. Market size and forecast, by Application
  - 9.4.7.1.5. Market size and forecast, by End-User
  - 9.4.7.2. Japan
  - 9.4.7.2.1. Market size and forecast, by Component
  - 9.4.7.2.2. Market size and forecast, by Deployment Mode
  - 9.4.7.2.3. Market size and forecast, by Building Type
  - 9.4.7.2.4. Market size and forecast, by Application
  - 9.4.7.2.5. Market size and forecast, by End-User
  - 9.4.7.3. India
  - 9.4.7.3.1. Market size and forecast, by Component
  - 9.4.7.3.2. Market size and forecast, by Deployment Mode
  - 9.4.7.3.3. Market size and forecast, by Building Type
  - 9.4.7.3.4. Market size and forecast, by Application
  - 9.4.7.3.5. Market size and forecast, by End-User
  - 9.4.7.4. South Korea
  - 9.4.7.4.1. Market size and forecast, by Component
  - 9.4.7.4.2. Market size and forecast, by Deployment Mode
  - 9.4.7.4.3. Market size and forecast, by Building Type
  - 9.4.7.4.4. Market size and forecast, by Application
  - 9.4.7.4.5. Market size and forecast, by End-User
  - 9.4.7.5. Australia
  - 9.4.7.5.1. Market size and forecast, by Component
  - 9.4.7.5.2. Market size and forecast, by Deployment Mode
  - 9.4.7.5.3. Market size and forecast, by Building Type
  - 9.4.7.5.4. Market size and forecast, by Application
  - 9.4.7.5.5. Market size and forecast, by End-User
  - 9.4.7.6. Rest of Asia-Pacific
  - 9.4.7.6.1. Market size and forecast, by Component
  - 9.4.7.6.2. Market size and forecast, by Deployment Mode
  - 9.4.7.6.3. Market size and forecast, by Building Type
  - 9.4.7.6.4. Market size and forecast, by Application
  - 9.4.7.6.5. Market size and forecast, by End-User
9.5. LAMEA
- 9.5.1. Key market trends, growth factors and opportunities
- 9.5.2. Market size and forecast, by Component
- 9.5.3. Market size and forecast, by Deployment Mode
- 9.5.4. Market size and forecast, by Building Type
- 9.5.5. Market size and forecast, by Application
- 9.5.6. Market size and forecast, by End-User
- 9.5.7. Market size and forecast, by country
  - 9.5.7.1. Latin America
  - 9.5.7.1.1. Market size and forecast, by Component
  - 9.5.7.1.2. Market size and forecast, by Deployment Mode
  - 9.5.7.1.3. Market size and forecast, by Building Type
  - 9.5.7.1.4. Market size and forecast, by Application
  - 9.5.7.1.5. Market size and forecast, by End-User
  - 9.5.7.2. Middle East
  - 9.5.7.2.1. Market size and forecast, by Component
  - 9.5.7.2.2. Market size and forecast, by Deployment Mode
  - 9.5.7.2.3. Market size and forecast, by Building Type
  - 9.5.7.2.4. Market size and forecast, by Application
  - 9.5.7.2.5. Market size and forecast, by End-User
  - 9.5.7.3. Africa
  - 9.5.7.3.1. Market size and forecast, by Component
  - 9.5.7.3.2. Market size and forecast, by Deployment Mode
  - 9.5.7.3.3. Market size and forecast, by Building Type
  - 9.5.7.3.4. Market size and forecast, by Application
  - 9.5.7.3.5. Market size and forecast, by End-User

CHAPTER 10: COMPETITIVE LANDSCAPE

10.1. Introduction
10.2. Top winning strategies
10.3. Product mapping of top 10 player
10.4. Competitive dashboard
10.5. Competitive heatmap
10.6. Top player positioning, 2022

CHAPTER 11: COMPANY PROFILES

11.1. Dassault Systemes
- 11.1.1. Company overview
- 11.1.2. Key executives
- 11.1.3. Company snapshot
- 11.1.4. Operating business segments
- 11.1.5. Product portfolio
- 11.1.6. Business performance
11.2. AVEVA Group PLC.
- 11.2.1. Company overview
- 11.2.2. Key executives
- 11.2.3. Company snapshot
- 11.2.4. Operating business segments
- 11.2.5. Product portfolio
- 11.2.6. Business performance
- 11.2.7. Key strategic moves and developments
11.3. HEXAGON AB
- 11.3.1. Company overview
- 11.3.2. Key executives
- 11.3.3. Company snapshot
- 11.3.4. Operating business segments
- 11.3.5. Product portfolio
- 11.3.6. Business performance
- 11.3.7. Key strategic moves and developments
11.4. Trimble, Inc.
- 11.4.1. Company overview
- 11.4.2. Key executives
- 11.4.3. Company snapshot
- 11.4.4. Operating business segments
- 11.4.5. Product portfolio
- 11.4.6. Business performance
- 11.4.7. Key strategic moves and developments
11.5. Autodesk Inc.
- 11.5.1. Company overview
- 11.5.2. Key executives
- 11.5.3. Company snapshot
- 11.5.4. Operating business segments
- 11.5.5. Product portfolio
- 11.5.6. Business performance
- 11.5.7. Key strategic moves and developments
11.6. Beck Technology Ltd.
- 11.6.1. Company overview
- 11.6.2. Key executives
- 11.6.3. Company snapshot
- 11.6.4. Operating business segments
- 11.6.5. Product portfolio
- 11.6.6. Key strategic moves and developments
11.7. Pentagon Solutions Ltd.
- 11.7.1. Company overview
- 11.7.2. Key executives
- 11.7.3. Company snapshot
- 11.7.4. Operating business segments
- 11.7.5. Product portfolio
11.8. Nemetschek Group
- 11.8.1. Company overview
- 11.8.2. Key executives
- 11.8.3. Company snapshot
- 11.8.4. Operating business segments
- 11.8.5. Product portfolio
- 11.8.6. Business performance
- 11.8.7. Key strategic moves and developments
11.9. Asite Solutions Ltd.
- 11.9.1. Company overview
- 11.9.2. Key executives
- 11.9.3. Company snapshot
- 11.9.4. Operating business segments
- 11.9.5. Product portfolio
- 11.9.6. Key strategic moves and developments
11.10. Bentley Systems, Incorporated
- 11.10.1. Company overview
- 11.10.2. Key executives
- 11.10.3. Company snapshot
- 11.10.4. Operating business segments
- 11.10.5. Product portfolio
- 11.10.6. Business performance
- 11.10.7. Key strategic moves and developments