Global Building Information Modeling BIM Market to reach USD 15.12 Bn by 2029, emerging at a CAGR of 12.4% percent and forecast 2022-2029
The global Building Information Modelling (BIM) market research study is an in-depth examination of the industry, market, and key players. The analysis divided the market into demand and supply-side sectors. The global Building Information Modelling (BIM) research also includes market segment, technology, and investment trends, as well as a competitive landscape.
Global Building Information Modeling BIM Market Overview:
This Global Building Information Modeling BIM Market analysis provides a comprehensive examination of current and emerging trends and dynamics within the level sensor market. It conducts an in-depth market forecast for the primary market segments spanning from 2021 to 2027. Extensive analysis of the Global Building Information Modeling BIM Market is carried out through meticulous monitoring of critical product positioning and the competitive landscape's top players. Key competitors are profiled, and their strategies are thoroughly dissected to gain a profound understanding of the competitive landscape within the Global Building Information Modeling BIM Market.
The COVID-19 pandemic has significantly impacted the Global Building Information Modeling BIM industry. The downturn in the economy and workforce shortages have led to the suspension of Global Building Information Modeling BIM production facilities. This, in turn, has resulted in a pronounced and extended decrease in production utilization. Travel restrictions and facility closures have further contributed to keeping employees away from their workplaces, thereby causing a deceleration in the growth of the Global Building Information Modeling BIM Market throughout 2020. However, the adverse effects of COVID-19 on the Global Building Information Modeling BIM Markets are anticipated to be transitory. The industry is poised for a swift rebound by early 2021 due to the heightened demand for Global Building Information Modeling BIM technologies.
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COVID-19 Impact on Global Building Information Modeling BIM Market:
The Global Building Information Modeling BIM Industry encountered substantial challenges as a result of the COVID-19 pandemic, triggering widespread repercussions. Disruptions and manpower shortages prompted the closure of production facilities, culminating in a significant and protracted reduction in production utilization. Imposed travel limitations and facility shutdowns hindered on-site operations, exacerbating the market's sluggishness throughout 2020. Notwithstanding these adverse consequences, the detrimental effects of the COVID-19 pandemic on this industry are anticipated to be short-lived, with a swift resurgence anticipated by the beginning of 2021. This rebound is set to be fueled by a heightened demand for Global Building Information Modeling BIM technologies.
Global Building Information Modeling BIM Market Drivers:
Building information modelling has been used in a variety of industries, resulting in a flurry of new product advancements and software models. The market is being driven by commercial construction, such as retail and office complexes. End-users of BIM solutions include architects, contractors, engineers, and developers. The rapidly increasing number of construction projects, increased global awareness of BIM and its associated benefits, and increased demand for automated models in the architecture, engineering, and construction (ACE) industry have all facilitated its adoption in the construction industry, particularly for commercial and infrastructure projects.
Global Building Information Modeling BIM Market Segmentation:
The analysis includes comprehensive quantitative insights that provide a clear understanding of the Global Building Information Modeling BIM Market potential across various categories. It also encompasses country-specific analysis for each covered region. The study examines crucial factors influencing the market, coupled with detailed profiles of key companies in the industry.
by Component
• Software
• Services
by Project Phase
• Pre-Construction
• Construction
• Post-Construction
by Application
• Commercial
• Residential
• Industrial
• Public Infrastructure
by End-User
• Architect and Engineers
• Facility or Construction Managers
• Builders and Contractors
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Key Players:
This research report provides in-depth quantitative insights on market potential across numerous categories, as well as country-specific assessments for each covered area. The report examines the key market factors and is supplemented by detailed profiles of...
• Autodesk Inc.
• Dassault Systemes SA
• Bentley Systems Inc.
• Nemetschek AG
• Beck Technology Ltd.
• AVEVA Group Plc.
• Hexagon AB
• Pentagon Solution Ltd.
• Trimble Ltd.
• Synchro Software Ltd.
• Pinnacle Infotech
• Planon Group
• LOD Planner Inc.
• ACCA software S.p.A.
• Vectorworks, Inc.
• Revit Modeling India
Regional Analysis:
The regional segment of the Global Building Information Modeling BIM Market analysis includes factors that influence individual markets and changes in regulations impacting present and future market trends. Various indicators, such as downstream and upstream value chain analysis, technological trends, Porter's Five Forces analysis, and case studies, are used to predict market scenarios in different regions. The analysis also considers the presence and influence of players in each region, as well as the challenges they face due to competition from local and domestic brands, be it substantial or minimal.
In summary, this Global Building Information Modeling BIM market analysis comprehensively examines the level sensor market, providing insights into current trends, drivers, segmentation, key players, and regional dynamics. The study aids in understanding the market's current state and its potential trajectory in the coming years.
Table Of Content:
1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Building Information Modeling (BIM) Market Size, by Market Value (US$ Mn)
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2021
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Building Information Modeling (BIM) Market
3.4. Geographical Snapshot of the Building Information Modeling (BIM) Market, By Manufacturer share
Key Questions Answered in the Global Building Information Modeling BIM Market Report are:
- Which segment emerged as the leading segment in the Global Building Information Modeling BIM market?
- Which are the key players in the Global Building Information Modeling BIM market?
- What trends are likely to emerge in the Global Building Information Modeling BIM market in the coming years?
- What will be the Global Building Information Modeling BIM market size by 2027?
- Which company held the largest share in the Global Building Information Modeling BIM market in 2020?
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