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Building Information Modeling (BIM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

February 2023 | 147 pages | ID: BD511304AAFCEN
IMARC Group

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The global building information modeling (BIM) market size reached US$ 7.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.9 Billion by 2028, exhibiting a growth rate (CAGR) of 15.9% during 2023-2028.

Building information modeling (BIM) refers to software that gives architecture, engineering, and construction (AEC) professionals adequate insights to plan, design, construct and manage buildings and infrastructure. It enables them to collaborate and create an accurate virtual model of a building and exchange data between different project parties. It aids in analyzing the quantitative and qualitative aspects of the construction, such as cost estimation, time requirement, and component procurement. Besides this, it also helps in undertaking operations post project completion, such as maintenance issues and project lifecycle management.

Building Information Modeling (BIM) Market Trends:
Due to rapid urbanization and a growing population, there is a significant rise in construction activities across the globe. This, in confluence with the increasing infrastructural projects, is positively influencing the sales of BIM solutions. Moreover, there is an increase in the adoption of BIM on account of its numerous advantages over other existing tools, such as CAD systems and paper-based design and modeling. For instance, it facilitates users to create an accurate and precise geometric virtual model with all the components and structures involved. Apart from this, technological advancements enabling data management at remote servers and inter-coordination between users is strengthening the market growth. Factors such as improving construction productivity, increasing trend of the internet of things (IoT) and stringent regulations about the usage of BIM by governments are also fueling the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global building information modeling (BIM) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on offering type, deployment mode, application, end use sector and end user.

Breakup by Offering Type:

Software
Services

Breakup by Deployment Mode:

On-premises
Cloud-based

Breakup by Application:

Preconstruction
Construction
Operations

Breakup by End Use Sector:

Commercial
Residential
Industrial

Breakup by End User:

Architects and Engineers
Contractors and Developers
Others

Breakup by Region:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., AECOM, Autodesk Inc., Aveva Group Plc (Schneider Electric), Beck Technology Ltd., Bentley Systems Incorporated, Dassault Syst?mes SE, Hexagon AB, Nemetschek SE and Trimble Inc.

Key Questions Answered in This Report

1. What was the size of the global building information modeling (BIM) market in 2022?
2. What is the expected growth rate of the global building information modeling (BIM) market during 2023-2028?
3. What are the key factors driving the global building information modeling (BIM) market?
4. What has been the impact of COVID-19 on the global building information modeling (BIM) market?
5. What is the breakup of the global building information modeling (BIM) market based on the offering type?
6. What is the breakup of the global building information modeling (BIM) market based on the deployment mode?
7. What is the breakup of the global building information modeling (BIM) market based on application?
8. What is the breakup of the global building information modeling (BIM) market based on the end use sector?
9. What is the breakup of the global building information modeling (BIM) market based on the end user?
10. What are the key regions in the global building information modeling (BIM) market?
11. Who are the key players/companies in the global building information modeling (BIM) market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL BUILDING INFORMATION MODELING MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY OFFERING TYPE

6.1 Software
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Services
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY DEPLOYMENT MODE

7.1 On-premises
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Cloud-based
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY APPLICATION

8.1 Preconstruction
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Construction
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Operations
  8.3.1 Market Trends
  8.3.2 Market Forecast

9 MARKET BREAKUP BY END USE SECTOR

9.1 Commercial
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Residential
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Industrial
  9.3.1 Market Trends
  9.3.2 Market Forecast

10 MARKET BREAKUP BY END USER

10.1 Architects and Engineers
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2 Contractors and Developers
  10.2.1 Market Trends
  10.2.2 Market Forecast
10.3 Others
  10.3.1 Market Trends
  10.3.2 Market Forecast

11 MARKET BREAKUP BY REGION

11.1 North America
  11.1.1 United States
    11.1.1.1 Market Trends
    11.1.1.2 Market Forecast
  11.1.2 Canada
    11.1.2.1 Market Trends
    11.1.2.2 Market Forecast
11.2 Asia Pacific
  11.2.1 China
    11.2.1.1 Market Trends
    11.2.1.2 Market Forecast
  11.2.2 Japan
    11.2.2.1 Market Trends
    11.2.2.2 Market Forecast
  11.2.3 India
    11.2.3.1 Market Trends
    11.2.3.2 Market Forecast
  11.2.4 South Korea
    11.2.4.1 Market Trends
    11.2.4.2 Market Forecast
  11.2.5 Australia
    11.2.5.1 Market Trends
    11.2.5.2 Market Forecast
  11.2.6 Indonesia
    11.2.6.1 Market Trends
    11.2.6.2 Market Forecast
  11.2.7 Others
    11.2.7.1 Market Trends
    11.2.7.2 Market Forecast
11.3 Europe
  11.3.1 Germany
    11.3.1.1 Market Trends
    11.3.1.2 Market Forecast
  11.3.2 France
    11.3.2.1 Market Trends
    11.3.2.2 Market Forecast
  11.3.3 United Kingdom
    11.3.3.1 Market Trends
    11.3.3.2 Market Forecast
  11.3.4 Italy
    11.3.4.1 Market Trends
    11.3.4.2 Market Forecast
  11.3.5 Spain
    11.3.5.1 Market Trends
    11.3.5.2 Market Forecast
  11.3.6 Russia
    11.3.6.1 Market Trends
    11.3.6.2 Market Forecast
  11.3.7 Others
    11.3.7.1 Market Trends
    11.3.7.2 Market Forecast
11.4 Latin America
  11.4.1 Brazil
    11.4.1.1 Market Trends
    11.4.1.2 Market Forecast
  11.4.2 Mexico
    11.4.2.1 Market Trends
    11.4.2.2 Market Forecast
  11.4.3 Others
    11.4.3.1 Market Trends
    11.4.3.2 Market Forecast
11.5 Middle East and Africa
  11.5.1 Market Trends
  11.5.2 Market Breakup by Country
  11.5.3 Market Forecast

12 SWOT ANALYSIS

12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 VALUE CHAIN ANALYSIS

14 PORTERS FIVE FORCES ANALYSIS

14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 PRICE ANALYSIS

16 COMPETITIVE LANDSCAPE

16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
  16.3.1 ABB Ltd.
    16.3.1.1 Company Overview
    16.3.1.2 Product Portfolio
  16.3.2 AECOM
    16.3.2.1 Company Overview
    16.3.2.2 Product Portfolio
    16.3.2.3 Financials
    16.3.2.4 SWOT Analysis
  16.3.3 Autodesk Inc.
    16.3.3.1 Company Overview
    16.3.3.2 Product Portfolio
    16.3.3.3 Financials
    16.3.3.4 SWOT Analysis
  16.3.4 Aveva Group Plc (Schneider Electric)
    16.3.4.1 Company Overview
    16.3.4.2 Product Portfolio
    16.3.4.3 Financials
  16.3.5 Beck Technology Ltd.
    16.3.5.1 Company Overview
    16.3.5.2 Product Portfolio
  16.3.6 Bentley Systems Incorporated
    16.3.6.1 Company Overview
    16.3.6.2 Product Portfolio
  16.3.7 Dassault Syst?mes SE
    16.3.7.1 Company Overview
    16.3.7.2 Product Portfolio
    16.3.7.3 Financials
    16.3.7.4 SWOT Analysis
  16.3.8 Hexagon AB
    16.3.8.1 Company Overview
    16.3.8.2 Product Portfolio
    16.3.8.3 Financials
    16.3.8.4 SWOT Analysis
  16.3.9 Nemetschek SE
    16.3.9.1 Company Overview
    16.3.9.2 Product Portfolio
    16.3.9.3 Financials
  16.3.10 Trimble Inc.
    16.3.10.1 Company Overview
    16.3.10.2 Product Portfolio
    16.3.10.3 Financials
    16.3.10.4 SWOT Analysis

LIST OF TABLES

Table 1: Global: Building Information Modeling Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Building Information Modeling Market Forecast: Breakup by Offering Type (in Million US$), 2023-2028
Table 3: Global: Building Information Modeling Market Forecast: Breakup by Deployment Mode (in Million US$), 2023-2028
Table 4: Global: Building Information Modeling Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Building Information Modeling Market Forecast: Breakup by End Use Sector (in Million US$), 2023-2028
Table 6: Global: Building Information Modeling Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 7: Global: Building Information Modeling Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Building Information Modeling Market Structure
Table 9: Global: Building Information Modeling Market: Key Players

LIST OF FIGURES

Figure 1: Global: Building Information Modeling Market: Major Drivers and Challenges
Figure 2: Global: Building Information Modeling Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Building Information Modeling Market: Breakup by Offering Type (in %), 2022
Figure 4: Global: Building Information Modeling Market: Breakup by Deployment Mode (in %), 2022
Figure 5: Global: Building Information Modeling Market: Breakup by Application (in %), 2022
Figure 6: Global: Building Information Modeling Market: Breakup by End Use Sector (in %), 2022
Figure 7: Global: Building Information Modeling Market: Breakup by End User (in %), 2022
Figure 8: Global: Building Information Modeling Market: Breakup by Region (in %), 2022
Figure 9: Global: Building Information Modeling Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 10: Global: Building Information Modeling (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Building Information Modeling (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Building Information Modeling (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Building Information Modeling (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Building Information Modeling (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Building Information Modeling (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Building Information Modeling (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Building Information Modeling (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Building Information Modeling (Preconstruction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Building Information Modeling (Preconstruction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Building Information Modeling (Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Building Information Modeling (Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Building Information Modeling (Operations) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Building Information Modeling (Operations) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Building Information Modeling (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Building Information Modeling (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Building Information Modeling (Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Building Information Modeling (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Building Information Modeling (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Building Information Modeling (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Building Information Modeling (Architects and Engineers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Building Information Modeling (Architects and Engineers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Building Information Modeling (Contractors and Developers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Building Information Modeling (Contractors and Developers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Building Information Modeling (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Building Information Modeling (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: North America: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: North America: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: United States: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: United States: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Canada: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Canada: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Asia Pacific: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Asia Pacific: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: China: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: China: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Japan: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Japan: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: India: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: India: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: South Korea: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: South Korea: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Australia: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Australia: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Indonesia: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Indonesia: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Others: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Others: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Europe: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Europe: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Germany: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Germany: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: France: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: France: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: United Kingdom: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: United Kingdom: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Italy: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Italy: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Spain: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Spain: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Russia: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Russia: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Latin America: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Latin America: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Brazil: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Brazil: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Mexico: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Mexico: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Middle East and Africa: Building Information Modeling Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Middle East and Africa: Building Information Modeling Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Global: Building Information Modeling Industry: SWOT Analysis
Figure 85: Global: Building Information Modeling Industry: Value Chain Analysis
Figure 86: Global: Building Information Modeling Industry: Porter’s Five Forces Analysis


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