This report on the Building Information Modelling (BIM) market is a thorough analysis of the size, share, demand, growth, gross profits, earnings, and revenue of the industry. It evaluates the data gathered to give an extensive view of the trends and predicts the possible developments in the forecasted duration. For this study, the historical data has been collected from the years 2016 and 2017 while taking 2018 as the base year to estimate the rise of the industry in the years 2019 to 2026.
In 2017, the valuation of Building Information Modelling crossed USD 4 billion. It is projected to cross USD 15 billion by 2024 and continue rising rapidly in the following years. The physical functional properties and characteristics of places represented in a digital format with the help of various tools and technologies constitute the BIM process. The concept of BIM has existed long back since the 1970s. In traditional representations, only two-dimensional (2D) technical drawings of the building design were possible. However, now modern BIM solutions have moved beyond 3D, with time as the fourth dimension (4D) and cost as the fifth dimension (5D). BIM is used to plan, design, construct, operate, and maintain various infrastructures such as electricity, water, gas, communication utilities, roads, bridges, tunnels, etc. BIM is helpful in designing and managing an infrastructure throughout its life cycle.
Major players in the market include
- Tekla Corporation
- Pentagon Solutions Ltd
- Nemetschek AG
- Beck Technologies Ltd
- Bentley Systems Inc
- AECOM Global Inc
- Synchro Software Ltd
- Autodesk Inc
- Dassault Systemes
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Some Key Highlights From the Report
In June 2021, Amcor launched dual chamber pouch in Europe for drug and medical device combination packaging. The Dual Chamber Pouch (DCP) of Amcor has already been tested and commercialized in the U.S. The new packaging solution is expected to support healthcare customers in meeting the complex requirements of Building Information Modelling. It utilizes a high strength foil laminate that protects contents from moisture, light, and oxygen ingress to support drug efficacy and extend shelf life.
Segments Covered in the report:
This report forecasts revenue growth at a global, regional country level, and provides an analysis of the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this report, Reports and Data have segmented into the global Building Information Modelling market on the basis of services, deployment type, organization size, end-user, applications, and region:
Market segment based on Solution:
- Software
- Service
Market segment based on End User:
- Architect/Engineer
- Contractor
Market segment based on Deployment:
- Cloud-based
- On-premise
Market segment based on Vertical:
- Commercial
- Residential
- Infrastructure
- Institutional Industrial
Market segment based on the Country/Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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