—
Building Information Modelling Market Scenario:According to the recent report by Market Research Future (MRFR), the global market is slated to acquire a momentous market valuation of USD 8000 million, by 2024 at a steady 14.9% CAGR over the review period.
BIM enables the formation of vector-based depiction in 3D formats for construction projects such as buildings, railways, and roads, which has increased its global popularity and demand, consequently contributing to the expansion of the market at a rapid pace. Advantages such as enhanced importance to value-added tasks, improved site-safety, a greater understanding of design concepts, and lessened wastage of the raw materials required in construction are growing the demand for the market over the review period. BIMs also provide cost-effective results at a nominal capital investment coupled with lower risk and higher control, improved quality and integration. These factors are also contributing to the growth of the market notably. The usage of innovative 3D laser scanning which adapts the data of current constructions into a set of data points and can be imported to the Building Information Modelling Market is also fueling the demand for the market over the assessment period.
Therefore, 3D laser scanning is a favorable trend in BIM market fueling its growth over the forecast period. Cloud data management is noted to be the subsequent major trend in the BIM market. As market players are working in partnership with BIM and VDC to enhance their businesses, the data recovery and management, hence, is likely to gain prominence. Consequently, companies are increasingly coupling cloud-based software application with BIM to expand the market growth over the forecast period.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/2044
Major Key Players:
The key players identified in the global building information modeling market are Hexagon AB, Autodesk Inc., Nemetschek SE, Aveva Group Plc, Dassault Systèmes, Trimble Inc., Bentley Systems, RIB Software SE, Asite Limited, and Archidata Inc.
Segmental Analysis:
The global BIM market has been segmented based on the end-user, industry, product, and project lifecycle. Based on the product, the BIM market is segmented into BIM software, BIM Training services, BIM project management. BIM software estimated to progress at a CAGR of 16.2% through the review period.
On the basis of project lifecycle, the market is segmented into pre-construction, construction, and operation. Pre-construction has the most substantial market value and is projected to grow at a CAGR of 14.9% through the assessment period.
Based on the end-user, the BIM market is segmented into government, engineers, and architects. Engineers are the most significant segment of the BIM market and are estimated to advance at a CAGR of 14.4% during the review period.
on the basis of industry, the market for BIM solutions is segmented into healthcare, residential, commercial, entertainment, oil & gas industries, industrial, sports, and others. The commercial segment is likely to mature at a CAGR of 18.3% over the forecast period.
Regional Analysis:
The building information modeling has been segmented into regions such as Europe, North America, Asia Pacific (APAC), and the rest of the world.
The North American region is accounted for the largest market share and is anticipated to develop at a CAGR of 11.2% throughout the assessment period. Factors such as the higher disposable income of consumers, established ICT industry, are generating substantial demand for commercial as well as residential construction which is projected to fuel the BIM market in the North American region over the forecast period.
The European region is the second-largest regional market for building information modeling solutions and is estimated to grow at a CAGR of 17%. Developing countries and considerable government initiatives in the construction industry of European nations are one of the foremost factors in the widespread adoption of BIM in the construction industry. These factors are expected to drive the European BIM market over the review period.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/building-information-modelling-market-2044
Table of Contents
1. Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure:
1.3.1 Global Building Information Modelling Market: By Product
1.3.2 Global Building Information Modelling Market: By End User
1.3.3 Global Building Information Modelling Market: By Industry
1.3.5 Global Building Information Modelling Market: By Region
Continued…
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Release ID: 88922241
Google
RSS