According to a market report by Lucintel, the future of the building information modeling (BIM) market looks promising with opportunities in the building, civil infrastructure, oil and gas, industrial, and utility industries. The global building information modeling market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $9 billion by 2025 with a CAGR of 9% to 11% from 2019 to 2025. The major drivers for this market are rapid urbanization, growth in infrastructure projects, and increase adoption of BIM for plan, design, and manage building project efficiently.
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In this market, software, services, project management support, software support and maintenance are the major types. Within the building information modeling (BIM) market, buildings, civil infrastructure, oil and gas, industrial, and utilities are the major end use industries.
Autodesk, Nemetschek, Trimble Navigation, Bentley Systems, Dassault Systèmes, Integraph, ENGworks, Operation Technology(Etap), Topcon, and Asite are among the major suppliers in the building information modeling (BIM) market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the building information modeling (BIM) market by offering, end use industry, project life cycle, and region. Lucintel has prepared a comprehensive research report entitled “Building Information Modeling (BIM) Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the building information modeling (BIM) market by offering, end use industry, project life cycle, and region as follows:
By Offering [$M shipment analysis for 2014 – 2025]:
Software
Architectural Design
Sustainability
Structure
MEP
Construction
Facility Management
Services
Software Support and Maintenance
Project Management and Support
By Product Life Cycle [$M shipment analysis for 2014 – 2025]:
Preconstruction
Construction
Operations
By End Use Industry [$M shipment analysis for 2014 – 2025]:
Residential and Commercial Buildings
Industrial
Civil Infrastructure
Oil & Gas
Utilities
Others
By Region [$M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
Asia Pacific
China
Japan
India
The Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/building-information-modeling-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.