Building Information Modeling Market Growth 2023 Global Analysis, Opportunities, Challenges and Forecast by 2030


Building Information Modeling Market size was valued at USD 6.1 billion in 2023 and is expected to reach USD 13.9 billion by 2028, and grow at a CAGR of 12.3% over the forecast period 2022-2030.

Building Information Modeling Market Growth Overview

The market study examines the market in great detail for the forecast period. Extrinsic variables are the market's possibilities and challenges, while intrinsic elements are the market's drivers and restraints. This research provides a thorough examination of the global market. The report's market estimations are based on a combination of secondary research, primary interviews, and in-house expert reviews. The global Building Information Modeling market Growth has expanded at a faster rate with considerable growth rates over the last few years, and it is likely to increase significantly during the forecasted period.

The study contains several sections as well as an analysis of the market's major trends and variables. The market's drivers, restraints, opportunities, and challenges, as well as their impact on the market, are among the market dynamics aspects. These market estimations were developed by looking into the effects of different social, political, and economic aspects, as well as current market dynamics, on the growth of the Building Information Modeling market Growth. The chapter also includes a Porter's Five Forces analysis and a market degree of competition, in addition to a market overview that includes market dynamics. It covers the different market participants, such as system integrators, intermediaries, and end users, who make up the market ecosystem.

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The research study includes profiles of leading companies operating in the global Building Information Modeling Market.

Major Market Players

Autodesk, Aveva Group, Bentley Systems, Hexagon, Nemetschek, Trimble, Asite Solutions, Beck Technology, Dassault Systems, Pentagon Solution

Market Research Outlook

Over the projection period, the report predicts market revenue growth. A combination of primary and secondary research, as well as expert panel reviews, comprise the research process. Secondary research sources include press releases, yearly reports, and industry-related research articles. Additional resources for getting detailed data on chances for business advancement in the Building Information Modeling market Growth include industry periodicals, trade journals, government websites, and associations.

Building Information Modeling market Growth Market Segmentation

    BY COMPONENT:
  • Software and solution
  • Services
    By DEPLOYMENT MODE:
  • Cloud Deployment
  • On Premises Deployment
    By PROJECT LIFECYCLE:
  • Construction
  • Operation
  • Preconstruction
    By APPLICATION:
  • Industrial
  • Buildings
  • Civil Infrastructure
  • Utilities
  • Oil & Gas
  • Others
    By END USER:
  • Consultants & Facility Managers
  • AEC Professionals
  • Others

Building Information Modeling market Growth Market Segmentation, By Region

  • North America [United States, Canada]
  • Europe [Germany, France, U.K., Italy, Russia ]
  • Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
  • Latin America [Mexico, Brazil, Argentina]
  • Middle East & Africa [Turkey, Saudi Arabia, UAE]

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Regional Scenario

The COVID-19 epidemic has its own part in the complete research on the Building Information Modeling market Growth to understand its impact on the market. This information is critical for market participants to obtain insight into market behavior during the pandemic and different solutions to apply in order to mitigate the pandemic's negative consequences.

COVID-19 Impact Analysis

A closer look at the Building Information Modeling Market Growth allows you to learn about industry trends and market share. The survey also helps industry leaders provide up-to-date and reliable information on changing customer habits, needs, requirements, purchasing patterns and preferences. The goal of market research is to study the relationship between customer expectations and demand for a particular brand of product. Furthermore, the results of market research respond to the changing needs of market players.

Competitive Outlook

A business description and financial facts are also included in the company profile section. Companies in this section can be customized to meet the needs of the client. In a section dedicated only to prominent participants in the Building Information Modeling market Growth, our analysts provide insight into their financial statements, as well as key developments, product benchmarking, and SWOT analysis.

The study examines key market strategic developments such as acquisitions and mergers, new product launches, agreements, partnerships, collaborations, and joint ventures, research and development, and geographic expansion of top competitors in the Building Information Modeling market Growth on a worldwide and regional level.

Table of Content


1. Introduction

2. Research Methodology

3. Market Dynamics

4. Impact Analysis

5. Value Chain Analysis

6. Porter’s 5 Forces Model

7. PEST Analysis

Continued…

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Published in

Technology

Published on

Mar 06, 2023

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