Building Information Modeling Market

Building Information Modeling Market with COVID-19 impact analysis by Deployment Type (On Premises, Cloud), Offering Type, Project Lifecycle (Preconstruction, Construction, Operation), Application, End user, & Region - Global Forecast to 2026

Report Code: SE 2815 Oct, 2021, by marketsandmarkets.com

[229 Pages Report] The building information modeling market was valued at USD 5.4 billion in 2020 and is projected to reach USD 10.7 billion by 2026. It is expected to grow at a CAGR of 12.5% during the forecast period. Rising adoption of remote working due to COVID-19, rapid rise in urbanization globally, wide-ranging benefits of BIM realized by AEC industry, and growing government initiatives for adoption of BIM are contributing to the growth of the building information modeling market. Rising trend of IoT in construction sector, increasing trend of BIM, and growing focus of organizations on introducing new standards such as ISO 19650 in BIM market act as a growth opportunity for the market players.

Building Information Modeling Market

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Impact of Covid-19 on Building information modeling market

BIM is a process that generates a 3D model of buildings, infrastructure, and others for AEC experts to resourcefully plan, design, construct and manage their projects. BIM involves the generation and management of digital representations of physical and functional characteristics of places, as well as the representation of data through objects in the form of designs. Rising urbanization and infrastructure projects, growing benefits offered by BIM for the AEC industry, and increasing government mandates for BIM adoption are among the factors driving the growth of the BIM market. However, handling the initial high cost of BIM restrains the growth of the market. The increasing use of AR/VR, the surging adoption of Green BIM, rising trends of IoT, and growing trends of BIM are expected to provide growth opportunities to the BIM market players during the forecast period. Moreover, low digitization in the construction industry poses challenges to the BIM market.

With the onset of the COVID-19 crisis, the world is witnessing a health pandemic and an economic crisis. The worldwide outbreak of COVID-19 has forced many businesses to shut down their manufacturing plants and halt most of their operations. During this crisis, the main objective of the companies is to sustain their businesses by finding safer ways to continue their operations or find other sustainable ways to get the revenue stream flowing. The BIM market for the pre- and post-COVID-19 scenarios is analyzed further in the study.

The BIM market had witnessed a growing trend in the pre-COVID-19 scenario. As the worldwide population and economies grow, the increased need for housing and infrastructure development is likely to fuel the growth of the global construction industry, thereby creating a strong demand for BIM from construction professionals to plan, design, and manage building projects more efficiently. Thus, the 3D model-based approach of BIM in delivering construction projects has been gaining traction across the world. The architecture, engineering, and construction (AEC) industry consists of architects, engineers, and contractors who work together to make a project successful. Rising trends of advanced technologies have led to the growing adoption of innovative approaches in the working standards of the construction industry. BIM is one such approach that provides benefits such as visualization and collaboration, synchronization of design and construction planning, conflict detection, and cost reduction.

Market Dynamics:

Driver: Rising adoption of remote working due to COVID-19

The COVID-19 pandemic has severely impacted the construction and building industry. The fragmented and unorganized construction and infrastructure sector is facing extreme challenges because of the outbreak. Disturbances during the lockdown in manpower, material supply, plants, machinery, and construction projects are likely to restrict the expected growth of the industry. Further, the increasing cost of construction, as well as professional & skilled labor fees, is likely to impact industry growth.

However, the pandemic has resulted in the shift toward remote working environments. For instance, digital collaboration tools and software are enabling designers and structural engineers to work from remote locations to map future projects. This is expected to drive the growth of the software market. Besides, by using BIM software, engineers and builders can handle customer contracts, project management, sales, and other operations remotely. As per various builders and owners, this is an excellent time to upskill laborers and offer basic foundation knowledge with digital tools to increase efficiency. Software providers are also helping builders and contractors to gain full benefits from these solutions during the crisis.

For instance, from March to June 2020, Autodesk Inc. offered free access to its 81M 360 Design, 31M 360 Docs, Fusion Team, Fusion 360, and more. The company aimed to provide flexibility to project managers, workers, team members, and owners in this challenging environment of the COVID pandemic. This helped project managers to retain the onsite work with excellent productivity. Thus, the pandemic is expected to surge the demand for building information modeling software.

Restraint: High initial cost of BIM

Although there are huge benefits and cost savings associated with BIM, the initial cost observed is high. For instance, the cost of Autodesk’s Revit software is ~USD 3,500–4,500. Apart from the software cost, the cost of training and services is also high. Thus, the high initial cost associated with BIM would restrain the market growth.

Also, BIM software is promoted by various vendors by offering it for free or at a low price to students for learning purposes. Apart from cost, BIM software programs require a long duration of training. Despite these restraints, BIM software exhibits remarkable productivity, which, in turn, helps a firm increase its efficiency rate by up to 25–30%. BIM also helps mitigate design failures during construction, thereby saving time and resources.

Opportunity: Rising trend of IoT in construction sector

With the use of IoT in construction, modeling and ordering processes can become simpler, and the required material can be sent directly to the construction site, thus reducing the time required for ordering. IoT solutions can be used in prefabrication. Using prefabricated building components can lead to faster and more cost-effective solutions than traditional building methods, and it can be an added benefit for creating less construction waste. However, using prefab for large commercial buildings projects can be complex to coordinate along with the complete construction lifecycle. Thus, IoT can help solve this problem. During the construction of the Leadenhall Building, London, which had to be constructed in a small footprint but required large prefab components, RFID sensors were used to track individual prefab components, and it was possible to construct the complex building on time with perfection. Hence, the integration of BIM with IoT technology provides a comprehensive view of the status of the buildings.

Challenge: Low level of digitization in construction industry

There is a lower level of digitization in the construction industry than in other industries. By streamlining processes, the efficiency of up to 20% can be achieved through shorter construction times, higher quality, and lower costs with the help of BIM. Often, it is observed that large-scale construction projects take a longer time to finish and go beyond the budget; this results in lower financial returns for contractors. Furthermore, lower digitization hampers productivity as the construction industry has been slow in adopting process and technology innovations. For instance, project planning remains uncoordinated between offices and fields and is often done on paper, performance management is inadequate, and supply-chain practices are still unsophisticated. The industry has not yet embraced new digital technologies that need up-front investments, even if the long-term benefits are significant. R&D spending in the construction industry runs way behind that of other industries. The construction industry is lagging by almost 15–20 years from other industries such as automotive and ICT.

Based on the offering type, software to account a larger share during 2021–2026.

Software solutions used for BIM exhibit features such as interoperability between applications, easy visualization, and cost-effectiveness. The BIM software suite generally encompasses solutions for various objectives, such as architecture; sustainability; structures; mechanical, electrical, and plumbing (MEP); construction; and facility management in a project life cycle. Different types of BIM software solutions available in the market are Autodesk Revit Structure, Graphisoft ArchiCAD, Nemetschek ALLPLAN Architecture, Bentley Facilities Manager, and Tekla Structures. 3D BIM is increasingly being used by several architecture, engineering, and construction (AEC) professionals. 3D visualization of a project, reduction in costs and time, and flexibility of making changes in designs are the best features of the BIM software.

Preconstruction phase to hold a higher share during the forecast period.

BIM is adopted in the pre-construction (design), construction, and operation phases of a building project. It inculcates all the aspects of a building project into one package. Users working in different phases can refer to the data from a particular project if a problem arises; this prevents cost overrun. For example, BIM is used for maintenance purposes and helps plumbers and electricians locate pipes and wires to prevent unnecessary damage to walls, floors, or/and ceilings. As most of the BIM work is done in the preconstruction phase, this phase is likely to hold the largest market share in 2026.

Building application accounted for the largest share of the building information modeling market during the forecast period

BIM is gaining popularity in the construction industry. The buildings applications mainly include commercial, residential, and retail buildings. These applications focus on the adoption of BIM by firms that are primarily responsible for working on the construction (i.e., new work, additions, alterations, maintenance, and repairs) of commercial and retail buildings. BIM is mostly used for designing buildings during the preconstruction phase in which 3D modeling of a building is prepared, and the flow of the entire building project is decided. Building applications account for the largest share of the BIM market because of the increasing number of buildings or construction projects, along with business centers, shopping centers, and retail shops.

Building Information Modeling Market by Region

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North America to account for the largest market share during the forecast period

North America is one of the critical markets for BIM; it comprises the US, Canada, and Mexico. This region is the early adopter of advanced BIM technology, which is a recently developed innovative approach to design and construction. This technique has gained a foothold in the mainstream construction industry in North America. Several experts who implement BIM in their projects are based in this region. BIM is increasingly being adopted by contractors, engineers, and architects, and the count is growing considerably. They are using the BIM process for improving efficiency during the design and construction phases of a project, as well as for reducing project-related errors and gaining a high return on investments. Strong economic position and active government support have contributed to the large-scale adoption of advanced technologies in the construction segment, which further drives the BIM market growth in the region. Hence, the region is expected to continue to capture the largest share of the global BIM market.

Key Market Players

Autodesk (US), Nemetschek (Germany), Bentley Systems (US), Trimble (US), Dassault Systθmes (France), RIB Software (Germany), ASITE (UK), AVEVA (UK), and Hexagon (Sweden) are among the major players in the building information modeling market.

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Scope of the Report

Report Metric

Detail

Market Size Availability for Years

2017–2026

Base Year

2020

Forecast Period

2021–2026

Forecast Units

Value (USD)

Segments Covered

By deployment type, offering type, project lifecycle, application, end user, and region

Geographies Covered

North America, Europe, APAC, and RoW

Companies Covered

Autodesk, Nemestchek, Bentley Systems, Trimble, and Dassault Systemes.
A total of 20 players are covered.

This research report categorizes the building information modeling market, deployment type, offering type, project lifecycle, application, end user, and region

Based on Deployment Type:

  • On Premises Deployment
  • Cloud Deployment

By Offering Type:

  • Software
    • Architectural Design
    • Sustainability
    • Structures
    • MEP
    • Construction
    • Facility Management
  • Services
    • Software Support and Maintenance
    • Project Management and Support

By Project Lifecycle:

  • Preconstruction
  • Construction
  • Operation

By Application:

  • Buildings
  • Industrial
  • Civil Infrastructure
  • Oil & Gas
  • Utilities
  • Others

By End User:

  • AEC Professionals
  • Consultants & Facility Managers
  • Others

Based on the Region:

  • North America
  • Europe
  • APAC
  • RoW (South America, Middle East & Africa)

Recent Developments

  • In July 2021, Graphisoft, the leading BIM software solution developer for architecture, announced significant enhancements to BIMx and BIMcloud to boost security, storage space, and visualization and collaboration capabilities. In addition, the new 3D BIMx engine is available for Android users as well.
  • In May 2021, ALLPLAN, a global provider of BIM solutions for the AEC industry, presented an update of its cloud-based data management and collaboration platform, Bimplus. The latest release offers a wide range of new and improved functions for handling BIM models, clear document management, and the integration of guest viewers, which provides a truly digital environment for model collaboration.
  • In May 2020, Autodesk launched the upgraded version of the Autodesk Construction Cloud software with the release of a new platform called Autodesk Construction Cloud Connect. The upgraded version has several new application programming interfaces (APIs), enabling custom connections for BIM 360 and PlanGrid, as well as 15 new native integrations. Thus, the total number of directly integrated platforms in the Autodesk Construction Cloud ecosystem is more than 140.
  • In June 2021, The Nemetschek Group announced that its brands Allplan and SDS2 will join forces to create a strong and customer-focused product portfolio of BIM solutions for the entire structural workflow. With the merger, Allplan—a global provider of BIM design software solutions headquartered in Germany—is completing its offering with engineering detailing software for steel.
  • In October 2020, Autodesk, Inc. completed the acquisition of Pype and its portfolio of cloud-based software solutions for the construction industry.
  • In October 2020, POWERCHINA Huadong Engineering uses BIM capabilities of Bentley Systems to provide the foundation of a Digital Twin and transform the ancient Chinese city of Shaoxing.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 32)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS & EXCLUSIONS
    1.3 STUDY SCOPE
           1.3.1 MARKETS COVERED
           1.3.2 GEOGRAPHIC SCOPE
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 37)
    2.1 RESEARCH DATA
           FIGURE 1 BIM MARKET: PROCESS FLOW OF MARKET SIZE ESTIMATION
           FIGURE 2 BIM MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key industry insights
                    2.1.2.3 Breakdown of primaries
    2.2 MARKET SIZE ESTIMATION
           FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS
           FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): IDENTIFICATION OF REVENUE GENERATED BY COMPANIES FROM BIM OFFERINGS
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Approach for capturing market size by bottom-up analysis (demand side)
                               FIGURE 5 BIM MARKET: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Approach for capturing market size by top-down analysis (supply side)
                               FIGURE 6 BIM MARKET: TOP-DOWN APPROACH
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
           FIGURE 7 DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS
           FIGURE 8 ASSUMPTIONS FOR RESEARCH STUDY

3 EXECUTIVE SUMMARY (Page No. - 47)
    FIGURE 9 EFFECT OF COVID-19 ON BUILDING INFORMATION MODELING MARKET
    3.1 POST-COVID-19 SCENARIO
           TABLE 1 POST-COVID-19 SCENARIO: BUILDING INFORMATION MODELING MARKET, 2021–2026 (USD MILLION)
    3.2 OPTIMISTIC SCENARIO (POST-COVID-19)
           TABLE 2 OPTIMISTIC SCENARIO (POST-COVID-19): BUILDING INFORMATION MODELING MARKET, 2021–2026 (USD MILLION)
    3.3 PESSIMISTIC SCENARIO (POST-COVID-19)
           TABLE 3 PESSIMISTIC SCENARIO (POST-COVID-19): BUILDING INFORMATION MODELING MARKET, 2021–2026 (USD MILLION)
           FIGURE 10 SOFTWARE SEGMENT TO ACCOUNT FOR LARGER SIZE OF BIM MARKET, BY OFFERING TYPE, IN 2026
           FIGURE 11 ON-PREMISES DEPLOYMENT TYPE TO ACCOUNT FOR LARGER SIZE OF BIM MARKET IN 2026
           FIGURE 12 MARKET FOR BUILDINGS TO HOLD LARGEST SIZE DURING FORECAST PERIOD
           FIGURE 13 PRECONSTRUCTION PROJECT LIFE CYCLE PHASE TO HOLD LARGEST SHARE OF BIM MARKET IN 2026
           FIGURE 14 AEC PROFESSIONALS TO DOMINATE BIM MARKET, BY END USER, IN 2026
           FIGURE 15 NORTH AMERICA TO HOLD LARGEST SHARE OF GLOBAL BIM MARKET IN 2026

4 PREMIUM INSIGHTS (Page No. - 53)
    4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN BUILDING INFORMATION MODELING MARKET
           FIGURE 16 RISING ADOPTION OF REMOTE WORKING DUE TO COVID-19 TO FUEL GROWTH OF BUILDING INFORMATION MODELING MARKET FROM 2021 TO 2026
    4.2 BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE
           FIGURE 17 SOFTWARE TO HOLDER LARGER SIZE OF BUILDING INFORMATION MODELING MARKET FROM 2021 TO 2026
    4.3 BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE
           FIGURE 18 ARCHITECTURAL DESIGN SOFTWARE TYPE TO HOLD LARGEST SIZE OF BIM MARKET IN 2026
    4.4 BUILDING INFORMATION MODELING MARKET, BY SERVICE TYPE
           FIGURE 19 SOFTWARE SUPPORT AND MAINTENANCE SERVICES PROJECTED TO HOLD LARGER SHARE OF BIM MARKET IN 2026
    4.5 BUILDING INFORMATION MODELING MARKET, BY DEPLOYMENT TYPE
           FIGURE 20 ON-PREMISES DEPLOYMENT TYPE TO LEAD MARKET, IN TERMS OF SIZE, FROM 2021 TO 2026
    4.6 BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFE CYCLE
           FIGURE 21 PRECONSTRUCTION PROJECT LIFE CYCLE PHASE TO HOLD LARGEST SIZE OF BIM MARKET IN 2026
    4.7 BUILDING INFORMATION MODELING MARKET, BY END USER
           FIGURE 22 AEC PROFESSIONALS TO BE LARGEST END USERS OF BIM MARKET IN 2026
    4.8 BUILDING INFORMATION MODELING MARKET, BY APPLICATION
           FIGURE 23 BUILDINGS TO HOLD LARGEST SIZE OF BIM MARKET IN 2026
    4.9 BUILDING INFORMATION MODELING MARKET IN NORTH AMERICA, BY COUNTRY & OFFERING TYPE
           FIGURE 24 BUILDING INFORMATION MODELING MARKET IN NORTH AMERICA FOR SOFTWARE PROJECTED TO HOLD LARGER SHARE IN 2026
    4.10 BUILDING INFORMATION MODELING MARKET, BY COUNTRY
           FIGURE 25 BUILDING INFORMATION MODELING MARKET IN US EXPECTED TO HOLD LARGEST SHARE IN 2021

5 MARKET OVERVIEW (Page No. - 58)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 26 BIM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Rising adoption of remote working due to COVID-19
                    5.2.1.2 Rapid rise in urbanization globally
                    5.2.1.3 Wide-ranging benefits of BIM realized by AEC industry
                    5.2.1.4 Growing government initiatives for adoption of BIM
                               FIGURE 27 IMPACT OF DRIVERS ON BIM MARKET
           5.2.2 RESTRAINTS
                    5.2.2.1 High initial cost of BIM
                               FIGURE 28 IMPACT OF RESTRAINTS ON BIM MARKET
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Rising trend of IoT in construction sector
                    5.2.3.2 Increasing trend of BIM
                    5.2.3.3 Growing focus of organizations on introducing new standards such as ISO 19650 in BIM market
                               FIGURE 29 IMPACT OF OPPORTUNITIES ON BIM MARKET
           5.2.4 CHALLENGES
                    5.2.4.1 Low level of digitization in construction industry
                               FIGURE 30 IMPACT OF CHALLENGES ON BIM MARKET
    5.3 VALUE CHAIN ANALYSIS
           FIGURE 31 VALUE CHAIN ANALYSIS OF BIM
    5.4 CASE STUDY ANALYSIS
           5.4.1 BIM SOFTWARE BY AUTODESK USED FOR ISTANBUL METRO
           5.4.2 EMPRESA DESARROLLO URBANO DE MEDELLΝN (EDU) USED AUTODESK’S BIM FOR MICROSCALE URBAN PLANNING IN MEDELLΝN, COLOMBIA
           5.4.3 CPU PRIDE USED ONE SINGLE BIM MODEL BY NEMESTSCHEK FOR ASTONISHING BUILDING
           5.4.4 MEDABIL SISTEMAS CONSTRUTIVOS S.A. USED BENTLEY’S INTEROPERABLE RAM SOFTWARE
    5.5 PORTER’S FIVE FORCES MODEL
           TABLE 4 BUILDING INFORMATION MODELING MARKET: PORTER’S FIVE FORCES ANALYSIS
    5.6 TECHNOLOGY ANALYSIS
           5.6.1 AR/VR IN BIM
    5.7 PATENT ANALYSIS
           FIGURE 32 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
           TABLE 5 TOP 20 PATENT OWNERS IN LAST 10 YEARS
           FIGURE 33 NUMBER OF PATENTS GRANTED PER YEAR FROM 2010 TO 2020
    5.8 REGULATORY LANDSCAPE
           5.8.1 BS EN ISO 19650
                    5.8.1.1 BS EN ISO 19650–1
                    5.8.1.2 BS EN ISO 19650–2
                    5.8.1.3 BS EN ISO 19650–3:2020
                    5.8.1.4 BS EN ISO 19650–5:2020

6 BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE (Page No. - 70)
    6.1 INTRODUCTION
           FIGURE 34 BUILDING INFORMATION MODELLING MARKET, BY OFFERING TYPE
           FIGURE 35 SOFTWARE SEGMENT TO HOLD LARGER SIZE OF BUILDING INFORMATION MODELING MARKET IN 2026
           TABLE 6 BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2017–2020 (USD MILLION)
           TABLE 7 BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2021–2026 (USD MILLION)
    6.2 SOFTWARE
           FIGURE 36 ARCHITECTURAL DESIGN SOFTWARE TO LEAD BUILDING INFORMATION MODELING MARKET, IN TERMS OF SIZE, DURING FORECAST PERIOD
           TABLE 8 BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE, 2017–2020 (USD MILLION)
           TABLE 9 BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE, 2021–2026 (USD MILLION)
           TABLE 10 BUILDING INFORMATION MODELING MARKET FOR SOFTWARE, BY APPLICATION, 2017–2020 (USD MILLION)
           TABLE 11 BUILDING INFORMATION MODELING MARKET FOR SOFTWARE, BY APPLICATION, 2021–2026 (USD MILLION)
           TABLE 12 BUILDING INFORMATION MODELING MARKET FOR SOFTWARE, BY PROJECT LIFE CYCLE, 2017–2020 (USD MILLION)
           TABLE 13 BUILDING INFORMATION MODELING MARKET FOR SOFTWARE, BY PROJECT LIFE CYCLE, 2021–2026 (USD MILLION)
           TABLE 14 BUILDING INFORMATION MODELING MARKET FOR SOFTWARE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 15 BUILDING INFORMATION MODELING MARKET FOR SOFTWARE, BY REGION, 2021–2026 (USD MILLION)
           6.2.1 ARCHITECTURAL DESIGN
                    6.2.1.1 Architectural design software to lead BIM market, in terms of size, with its wide use in modeling projects by architects
                               TABLE 16 BUILDING INFORMATION MODELING MARKET FOR ARCHITECTURAL DESIGN SOFTWARE, BY APPLICATION, 2017–2020 (USD MILLION)
                               TABLE 17 BUILDING INFORMATION MODELING MARKET FOR ARCHITECTURAL DESIGN SOFTWARE, BY APPLICATION, 2021–2026 (USD MILLION)
                               TABLE 18 BUILDING INFORMATION MODELING MARKET FOR ARCHITECTURAL DESIGN SOFTWARE, BY PROJECT LIFE CYCLE, 2017–2020 (USD MILLION)
                               TABLE 19 BUILDING INFORMATION MODELING MARKET FOR ARCHITECTURAL DESIGN SOFTWARE, BY PROJECT LIFE CYCLE, 2021–2026 (USD MILLION)
                               TABLE 20 BUILDING INFORMATION MODELING MARKET FOR ARCHITECTURAL DESIGN SOFTWARE, BY REGION, 2017–2020 (USD MILLION)
                               TABLE 21 BUILDING INFORMATION MODELING MARKET FOR ARCHITECTURAL DESIGN SOFTWARE, BY REGION, 2021–2026 (USD MILLION)
           6.2.2 SUSTAINABILITY
                    6.2.2.1 Sustainability software to witness highest CAGR in BIM software market during forecast period
                               TABLE 22 BUILDING INFORMATION MODELING MARKET FOR SUSTAINABILITY SOFTWARE, BY APPLICATION, 2017–2020 (USD MILLION)
                               TABLE 23 BUILDING INFORMATION MODELING MARKET FOR SUSTAINABILITY SOFTWARE, BY APPLICATION, 2021–2026 (USD MILLION)
                               TABLE 24 BUILDING INFORMATION MODELING MARKET FOR SUSTAINABILITY SOFTWARE, BY PROJECT LIFE CYCLE, 2017–2020 (USD MILLION)
                               TABLE 25 BUILDING INFORMATION MODELING MARKET FOR SUSTAINABILITY SOFTWARE, BY PROJECT LIFE CYCLE, 2021–2026 (USD MILLION)
                               TABLE 26 BUILDING INFORMATION MODELING MARKET FOR SUSTAINABILITY SOFTWARE, BY REGION, 2017–2020 (USD MILLION)
                               TABLE 27 BUILDING INFORMATION MODELING MARKET FOR SUSTAINABILITY SOFTWARE, BY REGION, 2021–2026 (USD MILLION)
           6.2.3 STRUCTURES
                    6.2.3.1 Structural analysis is done to calculate stability, strength, and rigidity of structures to be built
                               TABLE 28 BUILDING INFORMATION MODELING MARKET FOR STRUCTURAL SOFTWARE, BY APPLICATION, 2017–2020 (USD MILLION)
                               TABLE 29 BUILDING INFORMATION MODELING MARKET FOR STRUCTURAL SOFTWARE, BY APPLICATION, 2021–2026 (USD MILLION)
                               TABLE 30 BUILDING INFORMATION MODELING MARKET FOR STRUCTURAL SOFTWARE, BY PROJECT LIFE CYCLE, 2017–2020 (USD MILLION)
                               TABLE 31 BUILDING INFORMATION MODELING MARKET FOR STRUCTURAL SOFTWARE, BY PROJECT LIFE CYCLE, 2021–2026 (USD MILLION)
                               TABLE 32 BUILDING INFORMATION MODELING MARKET FOR STRUCTURAL SOFTWARE, BY REGION, 2017–2020 (USD MILLION)
                               TABLE 33 BUILDING INFORMATION MODELING MARKET FOR STRUCTURAL SOFTWARE, BY REGION, 2021–2026 (USD MILLION)
           6.2.4 MEP
                    6.2.4.1 BIM helps MEP engineers keep design data coordinated, minimize errors, and experience enhanced collaboration
                               TABLE 34 BUILDING INFORMATION MODELING MARKET FOR MEP SOFTWARE, BY APPLICATION, 2017–2020 (USD MILLION)
                               TABLE 35 BUILDING INFORMATION MODELING MARKET FOR MEP SOFTWARE, BY APPLICATION, 2021–2026 (USD MILLION)
                               TABLE 36 BUILDING INFORMATION MODELING MARKET FOR MEP SOFTWARE, BY PROJECT LIFE CYCLE, 2017–2020 (USD MILLION)
                               TABLE 37 BUILDING INFORMATION MODELING MARKET FOR MEP SOFTWARE, BY PROJECT LIFE CYCLE, 2021–2026 (USD MILLION)
                               TABLE 38 BUILDING INFORMATION MODELING MARKET FOR MEP SOFTWARE, BY REGION, 2017–2020 (USD MILLION)
                               TABLE 39 BUILDING INFORMATION MODELING MARKET FOR MEP SOFTWARE, BY REGION, 2021–2026 (USD MILLION)
           6.2.5 CONSTRUCTION
                    6.2.5.1 BIM is mainly used for simulation, estimation of projects , and construction analysis in construction processes
                               TABLE 40 BUILDING INFORMATION MODELING MARKET FOR CONSTRUCTION SOFTWARE, BY APPLICATION, 2017–2020 (USD MILLION)
                               TABLE 41 BUILDING INFORMATION MODELING MARKET FOR CONSTRUCTION SOFTWARE, BY APPLICATION, 2021–2026 (USD MILLION)
                               TABLE 42 BUILDING INFORMATION MODELING MARKET FOR CONSTRUCTION SOFTWARE, BY PROJECT LIFE CYCLE, 2017–2020 (USD MILLION)
                               TABLE 43 BUILDING INFORMATION MODELING MARKET FOR CONSTRUCTION SOFTWARE, BY PROJECT LIFE CYCLE, 2021–2026 (USD MILLION)
                               TABLE 44 BUILDING INFORMATION MODELING MARKET FOR CONSTRUCTION SOFTWARE, BY REGION, 2017–2020 (USD MILLION)
                               TABLE 45 BUILDING INFORMATION MODELING MARKET FOR CONSTRUCTION SOFTWARE, BY REGION, 2021–2026 (USD MILLION)
           6.2.6 FACILITY MANAGEMENT
                    6.2.6.1 BIM allows facility managers to make informed decisions throughout life cycle
                               TABLE 46 BUILDING INFORMATION MODELING MARKET FOR FACILITY MANAGEMENT SOFTWARE, BY APPLICATION, 2017–2020 (USD MILLION)
                               TABLE 47 BUILDING INFORMATION MODELING MARKET FOR FACILITY MANAGEMENT SOFTWARE, BY APPLICATION, 2021–2026 (USD MILLION)
                               TABLE 48 BUILDING INFORMATION MODELING MARKET FOR FACILITY MANAGEMENT SOFTWARE, BY PROJECT LIFE CYCLE, 2017–2020 (USD MILLION)
                               TABLE 49 BUILDING INFORMATION MODELING MARKET FOR FACILITY MANAGEMENT SOFTWARE, BY PROJECT LIFE CYCLE, 2021–2026 (USD MILLION)
                               TABLE 50 BUILDING INFORMATION MODELING MARKET FOR FACILITY MANAGEMENT SOFTWARE, BY REGION, 2017–2020 (USD MILLION)
                               TABLE 51 BUILDING INFORMATION MODELING MARKET FOR FACILITY MANAGEMENT SOFTWARE, BY REGION, 2021–2026 (USD MILLION)
    6.3 SERVICES
           FIGURE 37 SOFTWARE SUPPORT AND MAINTENANCE SERVICES TO DOMINATE BUILDING INFORMATION MODELING MARKET DURING FORECAST PERIOD
           TABLE 52 BUILDING INFORMATION MODELING MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 53 BUILDING INFORMATION MODELING MARKET, BY SERVICE TYPE, 2021–2026 (USD MILLION)
           TABLE 54 BUILDING INFORMATION MODELING MARKET FOR SERVICES, BY APPLICATION, 2017–2020 (USD MILLION)
           TABLE 55 BUILDING INFORMATION MODELING MARKET FOR SERVICES, BY APPLICATION, 2021–2026 (USD MILLION)
           TABLE 56 BUILDING INFORMATION MODELING MARKET FOR SERVICES, BY PROJECT LIFE CYCLE, 2017–2020 (USD MILLION)
           TABLE 57 BUILDING INFORMATION MODELING MARKET FOR SERVICES, BY PROJECT LIFE CYCLE, 2021–2026 (USD MILLION)
           TABLE 58 BUILDING INFORMATION MODELING MARKET FOR SERVICES, BY REGION, 2017–2020 (USD MILLION)
           TABLE 59 BUILDING INFORMATION MODELING MARKET FOR SERVICES, BY REGION, 2021–2026 (USD MILLION)
           6.3.1 SOFTWARE SUPPORT AND MAINTENANCE
                    6.3.1.1 BIM software support and maintenance services benefit contractors and building owners
                               TABLE 60 BUILDING INFORMATION MODELING MARKET FOR SOFTWARE SUPPORT AND MAINTENANCE SERVICES, BY APPLICATION, 2017–2020 (USD MILLION)
                               TABLE 61 BUILDING INFORMATION MODELING MARKET FOR SOFTWARE SUPPORT AND MAINTENANCE SERVICES, BY APPLICATION, 2021–2026 (USD MILLION)
                               TABLE 62 BUILDING INFORMATION MODELING MARKET FOR SOFTWARE SUPPORT AND MAINTENANCE SERVICES, BY PROJECT LIFE CYCLE, 2017–2020 (USD MILLION)
                               TABLE 63 BUILDING INFORMATION MODELING MARKET FOR SOFTWARE SUPPORT AND MAINTENANCE SERVICES, BY PROJECT LIFE CYCLE, 2021–2026 (USD MILLION)
                               TABLE 64 BUILDING INFORMATION MODELING MARKET FOR SOFTWARE SUPPORT AND MAINTENANCE SERVICES, BY REGION, 2017–2020 (USD MILLION)
                               TABLE 65 BUILDING INFORMATION MODELING MARKET FOR SOFTWARE SUPPORT AND MAINTENANCE SERVICES, BY REGION, 2021–2026 (USD MILLION)
           6.3.2 PROJECT MANAGEMENT AND SUPPORT
                    6.3.2.1 Project management and support services help improve collaboration and control among various stakeholders
                               TABLE 66 BUILDING INFORMATION MODELING MARKET FOR PROJECT MANAGEMENT AND SUPPORT SERVICES, BY APPLICATION, 2017–2020 (USD MILLION)
                               TABLE 67 BUILDING INFORMATION MODELING MARKET FOR PROJECT MANAGEMENT AND SUPPORT SERVICES, BY APPLICATION, 2021–2026 (USD MILLION)
                               TABLE 68 BUILDING INFORMATION MODELING MARKET FOR PROJECT MANAGEMENT AND SUPPORT SERVICES, BY PROJECT LIFE CYCLE, 2017–2020 (USD MILLION)
                               TABLE 69 BUILDING INFORMATION MODELING MARKET FOR PROJECT MANAGEMENT AND SUPPORT SERVICES, BY PROJECT LIFE CYCLE, 2021–2026 (USD MILLION)
                               TABLE 70 BUILDING INFORMATION MODELING MARKET FOR PROJECT MANAGEMENT AND SUPPORT SERVICES, BY REGION, 2017–2020 (USD MILLION)
                               TABLE 71 BUILDING INFORMATION MODELING MARKET FOR PROJECT MANAGEMENT AND SUPPORT SERVICES, BY REGION, 2021–2026(USD MILLION)

7 BUILDING INFORMATION MODELING MARKET, BY DEPLOYMENT TYPE (Page No. - 99)
    7.1 INTRODUCTION
           FIGURE 38 BIM MARKET, BY DEPLOYMENT TYPE
           FIGURE 39 BIM MARKET FOR CLOUD DEPLOYMENT TYPE TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
           TABLE 72 BUILDING INFORMATION MODELING MARKET, BY DEPLOYMENT TYPE, 2017–2020 (USD MILLION)
           TABLE 73 BUILDING INFORMATION MODELING MARKET, BY DEPLOYMENT TYPE, 2021–2026 (USD MILLION)
    7.2 ON PREMISES
           7.2.1 ON-PREMISES DEPLOYMENT TYPE HELD LARGER MARKET SHARE IN 2020
    7.3 CLOUD
           7.3.1 BIM MARKET FOR CLOUD DEPLOYMENT TYPE TO GROW AT HIGHER CAGR DURING FORECAST PERIOD

8 BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFE CYCLE (Page No. - 103)
    8.1 INTRODUCTION
           FIGURE 40 PROJECT LIFE CYCLE OF BIM
           FIGURE 41 PRECONSTRUCTION PHASE TO DOMINATE BIM MARKET, BY PROJECT LIFE CYCLE, DURING FORECAST PERIOD
           TABLE 74 BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFE CYCLE, 2017–2020 (USD MILLION)
           TABLE 75 BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFE CYCLE, 2021–2026 (USD MILLION)
    8.2 PRECONSTRUCTION
           8.2.1 PRECONSTRUCTION PHASE TO DOMINATE BIM MARKET IN COMING YEARS
                    TABLE 76 BUILDING INFORMATION MODELING MARKET FOR PRECONSTRUCTION PHASE, BY OFFERING TYPE, 2017–2020 (USD MILLION)
                    TABLE 77 BUILDING INFORMATION MODELING MARKET FOR PRECONSTRUCTION PHASE, BY OFFERING TYPE, 2021–2026 (USD MILLION)
                    TABLE 78 BUILDING INFORMATION MODELING MARKET FOR PRECONSTRUCTION PHASE, BY SOFTWARE TYPE, 2017–2020 (USD MILLION)
                    TABLE 79 BUILDING INFORMATION MODELING MARKET FOR PRECONSTRUCTION PHASE, BY SOFTWARE TYPE, 2021–2026 (USD MILLION)
                    TABLE 80 BUILDING INFORMATION MODELING MARKET FOR PRECONSTRUCTION PHASE, BY SERVICE TYPE, 2017–2020 (USD MILLION)
                    TABLE 81 BUILDING INFORMATION MODELING MARKET FOR PRECONSTRUCTION PHASE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
    8.3 CONSTRUCTION
           8.3.1 MAJOR SUBTASKS ARE PERFORMED DURING CONSTRUCTION PHASE
                    TABLE 82 BUILDING INFORMATION MODELING MARKET FOR CONSTRUCTION PHASE, BY OFFERING TYPE, 2017–2020 (USD MILLION)
                    TABLE 83 BUILDING INFORMATION MODELING MARKET FOR CONSTRUCTION PHASE, BY OFFERING TYPE, 2021–2026 (USD MILLION)
                    TABLE 84 BUILDING INFORMATION MODELING MARKET FOR CONSTRUCTION PHASE, BY SOFTWARE TYPE, 2017–2020 (USD MILLION)
                    TABLE 85 BUILDING INFORMATION MODELING MARKET FOR CONSTRUCTION PHASE, BY SOFTWARE TYPE, 2021–2026 (USD MILLION)
                    TABLE 86 BUILDING INFORMATION MODELING MARKET FOR CONSTRUCTION PHASE, BY SERVICE TYPE, 2017–2020 (USD MILLION)
                    TABLE 87 BUILDING INFORMATION MODELING MARKET FOR CONSTRUCTION PHASE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
    8.4 OPERATION
           8.4.1 OPERATION PHASE HELPS IMPROVE BUILDING QUALITY AND EFFICIENCY
                    TABLE 88 BUILDING INFORMATION MODELING MARKET FOR OPERATION PHASE, BY OFFERING TYPE, 2017–2020 (USD MILLION)
                    TABLE 89 BUILDING INFORMATION MODELING MARKET FOR OPERATION PHASE, BY OFFERING TYPE, 2021–2026 (USD MILLION)
                    TABLE 90 BUILDING INFORMATION MODELING MARKET FOR OPERATION PHASE, BY SOFTWARE TYPE, 2017–2020 (USD MILLION)
                    TABLE 91 BUILDING INFORMATION MODELING MARKET FOR OPERATION PHASE, BY SOFTWARE TYPE, 2021–2026 (USD MILLION)
                    TABLE 92 BUILDING INFORMATION MODELING MARKET FOR OPERATION PHASE, BY SERVICE TYPE, 2017–2020 (USD MILLION)
                    TABLE 93 BUILDING INFORMATION MODELING MARKET FOR OPERATION PHASE, BY SERVICE TYPE, 2021–2026 (USD MILLION)

9 BUILDING INFORMATION MODELING MARKET, BY APPLICATION (Page No. - 113)
    9.1 INTRODUCTION
           FIGURE 42 BUILDING INFORMATION MODELING MARKET, BY APPLICATION
           FIGURE 43 BUILDINGS TO COMMAND BIM MARKET DURING FORECAST PERIOD
           TABLE 94 BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
           TABLE 95 BUILDING INFORMATION MODELING MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
    9.2 BUILDINGS
           9.2.1 BUILDINGS TO DOMINATE BIM MARKET, BY APPLICATION, DURING FORECAST PERIOD
                    TABLE 96 BUILDING INFORMATION MODELING MARKET FOR BUILDINGS, BY OFFERING TYPE, 2017–2020 (USD MILLION)
                    TABLE 97 BUILDING INFORMATION MODELING MARKET FOR BUILDINGS, BY OFFERING TYPE, 2021–2026 (USD MILLION)
                    FIGURE 44 ARCHITECTURAL DESIGN SOFTWARE TYPE TO HOLD LARGEST SIZE OF BUILDING INFORMATION MODELING MARKET FOR BUILDINGS DURING FORECAST PERIOD
                    TABLE 98 BUILDING INFORMATION MODELING MARKET FOR BUILDINGS, BY SOFTWARE TYPE, 2017–2020 (USD MILLION)
                    TABLE 99 BUILDING INFORMATION MODELING MARKET FOR BUILDINGS, BY SOFTWARE TYPE, 2021–2026 (USD MILLION)
                    TABLE 100 BUILDING INFORMATION MODELING MARKET FOR BUILDINGS, BY SERVICE TYPE, 2017–2020 (USD MILLION)
                    TABLE 101 BUILDING INFORMATION MODELING MARKET FOR BUILDINGS, BY SERVICE TYPE, 2021–2026 (USD MILLION)
    9.3 INDUSTRIAL
           9.3.1 BIM TO BE USED IN INDUSTRIAL APPLICATIONS FOR UPGRADING INDUSTRIAL FACILITIES AND CONSTRUCTION SITES
                    FIGURE 45 ARCHITECTURAL DESIGN SOFTWARE TO HOLD LARGEST SIZE OF BUILDING INFORMATION MODELING MARKET FOR INDUSTRIAL APPLICATIONS DURING FORECAST PERIOD
                    TABLE 102 BUILDING INFORMATION MODELING MARKET FOR INDUSTRIAL APPLICATIONS, BY OFFERING TYPE, 2017–2020 (USD MILLION)
                    TABLE 103 BUILDING INFORMATION MODELING MARKET FOR INDUSTRIAL APPLICATIONS, BY OFFERING TYPE, 2021–2026 (USD MILLION)
                    TABLE 104 BUILDING INFORMATION MODELING MARKET FOR INDUSTRIAL APPLICATIONS, BY SOFTWARE TYPE, 2017–2020 (USD MILLION)
                    TABLE 105 BUILDING INFORMATION MODELING MARKET FOR INDUSTRIAL APPLICATIONS, BY SOFTWARE TYPE, 2021–2026 (USD MILLION)
                    TABLE 106 BUILDING INFORMATION MODELING MARKET FOR INDUSTRIAL APPLICATIONS, BY SERVICE TYPE, 2017–2020 (USD MILLION)
                    TABLE 107 BUILDING INFORMATION MODELING MARKET FOR INDUSTRIAL APPLICATIONS, BY SERVICE TYPE, 2021–2026 (USD MILLION)
    9.4 CIVIL INFRASTRUCTURE
           9.4.1 CIVIL INFRASTRUCTURE TO HOLD SIGNIFICANT SHARE OF MARKET DUE TO HIGH ADOPTION OF BIM IN GOVERNMENT-BASED INFRASTRUCTURE PROJECTS
                    TABLE 108 BUILDING INFORMATION MODELING MARKET FOR CIVIL INFRASTRUCTURE APPLICATION, BY OFFERING TYPE, 2017–2020 (USD MILLION)
                    TABLE 109 BUILDING INFORMATION MODELING MARKET FOR CIVIL INFRASTRUCTURE APPLICATION, BY OFFERING TYPE, 2021–2026 (USD MILLION)
                    TABLE 110 BUILDING INFORMATION MODELING MARKET FOR CIVIL INFRASTRUCTURE APPLICATION, BY SOFTWARE TYPE, 2017–2020 (USD MILLION)
                    FIGURE 46 ARCHITECTURAL DESIGN SOFTWARE TYPE TO HOLD LARGEST SIZE OF BUILDING INFORMATION MODELING MARKET FOR CIVIL INFRASTRUCTURE APPLICATIONS DURING FORECAST PERIOD
                    TABLE 111 BUILDING INFORMATION MODELING MARKET FOR CIVIL INFRASTRUCTURE APPLICATION, BY SOFTWARE TYPE, 2021–2026 (USD MILLION)
                    TABLE 112 BUILDING INFORMATION MODELING MARKET FOR CIVIL INFRASTRUCTURE APPLICATION, BY SERVICE TYPE, 2017–2020 (USD MILLION)
                    TABLE 113 BUILDING INFORMATION MODELING MARKET FOR CIVIL INFRASTRUCTURE APPLICATION, BY SERVICE TYPE, 2021–2026 (USD MILLION)
    9.5 OIL & GAS
           9.5.1 OIL & GAS TO HOLD SIGNIFICANT SHARE OF BIM MARKET DUE TO USE OF MEP SOFTWARE
                    FIGURE 47 ARCHITECTURAL DESIGN SOFTWARE TO DOMINATE BUILDING INFORMATION MODELING MARKET FOR OIL & GAS APPLICATIONS DURING FORECAST PERIOD
                    TABLE 114 BUILDING INFORMATION MODELING MARKET FOR OIL & GAS APPLICATION, BY OFFERING TYPE, 2017–2020 (USD MILLION)
                    TABLE 115 BUILDING INFORMATION MODELING MARKET FOR OIL & GAS APPLICATION, BY OFFERING TYPE, 2021–2026 (USD MILLION)
                    TABLE 116 BUILDING INFORMATION MODELING MARKET FOR OIL & GAS APPLICATION, BY SOFTWARE TYPE, 2017–2020 (USD MILLION)
                    TABLE 117 BUILDING INFORMATION MODELING MARKET FOR OIL & GAS APPLICATION, BY SOFTWARE TYPE, 2021–2026 (USD MILLION)
                    TABLE 118 BUILDING INFORMATION MODELING MARKET FOR OIL & GAS APPLICATION, BY SERVICE TYPE, 2017–2020 (USD MILLION)
                    TABLE 119 BUILDING INFORMATION MODELING MARKET FOR OIL & GAS APPLICATION, BY SERVICE TYPE, 2021–2026 (USD MILLION)
    9.6 UTILITIES
           9.6.1 BIM REDUCES OVERALL CONSTRUCTION COST OF PROJECTS
                    TABLE 120 BUILDING INFORMATION MODELING MARKET FOR UTILITIES, BY OFFERING TYPE, 2017–2020 (USD MILLION)
                    TABLE 121 BUILDING INFORMATION MODELING MARKET FOR UTILITIES, BY OFFERING TYPE, 2021–2026 (USD MILLION)
                    TABLE 122 BUILDING INFORMATION MODELING MARKET FOR UTILITIES, BY SOFTWARE TYPE, 2017–2020 (USD MILLION)
                    FIGURE 48 ARCHITECTURAL DESIGN SOFTWARE TO HOLD LARGEST SHARE OF BUILDING INFORMATION MODELING MARKET FOR UTILITIES DURING FORECAST PERIOD
                    TABLE 123 BUILDING INFORMATION MODELING MARKET FOR UTILITIES, BY SOFTWARE TYPE, 2021–2026 (USD MILLION)
                    TABLE 124 BUILDING INFORMATION MODELING MARKET FOR UTILITIES, BY SERVICE TYPE, 2017–2020 (USD MILLION)
                    TABLE 125 BUILDING INFORMATION MODELING MARKET FOR UTILITIES, BY SERVICE TYPE, 2021–2026 (USD MILLION)
    9.7 OTHERS
           TABLE 126 BUILDING INFORMATION MODELING MARKET FOR OTHER APPLICATIONS, BY OFFERING TYPE, 2017–2020 (USD MILLION)
           TABLE 127 BUILDING INFORMATION MODELING MARKET FOR OTHER APPLICATIONS, BY OFFERING TYPE, 2021–2026 (USD MILLION)
           TABLE 128 BUILDING INFORMATION MODELING MARKET FOR OTHER APPLICATIONS, BY SOFTWARE TYPE, 2017–2020 (USD MILLION)
           TABLE 129 BUILDING INFORMATION MODELING MARKET FOR OTHER APPLICATIONS, BY SOFTWARE TYPE, 2021–2026 (USD MILLION)
           TABLE 130 BUILDING INFORMATION MODELING MARKET FOR OTHER APPLICATIONS, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 131 BUILDING INFORMATION MODELING MARKET FOR OTHER APPLICATIONS, BY SERVICE TYPE, 2021–2026 (USD MILLION)

10 BUILDING INFORMATION MODELING MARKET, BY END USER (Page No. - 134)
     10.1 INTRODUCTION
               FIGURE 49 BIM MARKET, BY END USER
               FIGURE 50 AEC PROFESSIONALS TO DOMINATE BIM MARKET, BY END USER, DURING FORECAST PERIOD
               TABLE 132 BUILDING INFORMATION MODELING MARKET, BY END USER, 2017–2020 (USD MILLION)
               TABLE 133 BUILDING INFORMATION MODELING MARKET, BY END USER, 2021–2026 (USD MILLION)
     10.2 AEC PROFESSIONALS
             10.2.1 AEC PROFESSIONALS TO CONTRIBUTE SIGNIFICANTLY TO BIM MARKET GROWTH IN COMING YEARS
                       TABLE 134 BUILDING INFORMATION MODELING MARKET FOR AEC PROFESSIONALS, BY TYPE, 2017–2020 (USD MILLION)
                       TABLE 135 BUILDING INFORMATION MODELING MARKET FOR AEC PROFESSIONALS, BY TYPE, 2021–2026 (USD MILLION)
     10.3 CONSULTANTS AND FACILITY MANAGERS
             10.3.1 CONSULTANTS AND FACILITY MANAGERS USE BIM TO AVOID OR REDUCE COST OVERRUNS AND DELAYS
                       TABLE 136 BUILDING INFORMATION MODELING MARKET FOR CONSULTANTS & FACILITY MANAGERS, 2017–2020 (USD MILLION)
                       TABLE 137 BUILDING INFORMATION MODELING MARKET FOR CONSULTANTS & FACILITY MANAGERS, 2021–2026 (USD MILLION)
     10.4 OTHERS

11 GEOGRAPHIC ANALYSIS (Page No. - 140)
     11.1 INTRODUCTION
               FIGURE 51 NORTH AMERICA TO HOLD LARGEST SHARE OF BUILDING INFORMATION MODELING MARKET DURING FORECAST PERIOD
               TABLE 138 BUILDING INFORMATION MODELING MARKET, BY REGION, 2017–2020 (USD MILLION)
               TABLE 139 BUILDING INFORMATION MODELING MARKET, BY REGION, 2021–2026 (USD MILLION)
     11.2 NORTH AMERICA
               FIGURE 52 NORTH AMERICA: SNAPSHOT OF BUILDING INFORMATION MODELING MARKET
               TABLE 140 BUILDING INFORMATION MODELING MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
               TABLE 141 BUILDING INFORMATION MODELING MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 142 BUILDING INFORMATION MODELING MARKET IN NORTH AMERICA, BY OFFERING TYPE, 2017–2020 (USD MILLION)
               TABLE 143 BUILDING INFORMATION MODELING MARKET IN NORTH AMERICA, BY OFFERING TYPE, 2021–2026 (USD MILLION)
               TABLE 144 BUILDING INFORMATION MODELING MARKET IN NORTH AMERICA, BY SOFTWARE TYPE, 2017–2020 (USD MILLION)
               TABLE 145 BUILDING INFORMATION MODELING MARKET IN NORTH AMERICA, BY SOFTWARE TYPE, 2021–2026 (USD MILLION)
               TABLE 146 BUILDING INFORMATION MODELING MARKET IN NORTH AMERICA, BY SERVICE TYPE, 2017–2020 (USD MILLION)
               TABLE 147 BUILDING INFORMATION MODELING MARKET IN NORTH AMERICA, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             11.2.1 US
                       11.2.1.1 Strong economic position and active government support contribute to large-scale adoption of advanced technologies in construction segment in US
             11.2.2 CANADA
                       11.2.2.1 Significant rise in use of BIM in Canada due to growing awareness about technology
             11.2.3 MEXICO
                       11.2.3.1 Initiatives by several organizations to fuel demand for BIM in Mexico
     11.3 EUROPE
               FIGURE 53 EUROPE: SNAPSHOT OF BUILDING INFORMATION MODELING MARKET
               TABLE 148 BUILDING INFORMATION MODELING MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
               TABLE 149 BUILDING INFORMATION MODELING MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 150 BUILDING INFORMATION MODELING MARKET IN EUROPE, BY OFFERING TYPE, 2017–2020 (USD MILLION)
               TABLE 151 BUILDING INFORMATION MODELING MARKET IN EUROPE, BY OFFERING TYPE, 2021–2026 (USD MILLION)
               TABLE 152 BUILDING INFORMATION MODELING MARKET IN EUROPE, BY SOFTWARE TYPE, 2017–2020 (USD MILLION)
               TABLE 153 BUILDING INFORMATION MODELING MARKET IN EUROPE, BY SOFTWARE TYPE, 2021–2026 (USD MILLION)
               TABLE 154 BUILDING INFORMATION MODELING MARKET IN EUROPE, BY SERVICE TYPE, 2017–2020 (USD MILLION)
               TABLE 155 BUILDING INFORMATION MODELING MARKET IN EUROPE, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             11.3.1 GERMANY
                       11.3.1.1 Increasing number of pilot projects would lead to higher adoption of BIM
             11.3.2 UK
                       11.3.2.1 UK to lead market in Europe due to government mandates for BIM
             11.3.3 FRANCE
                       11.3.3.1 Initiatives taken by construction companies to adopt BIM would surge BIM market growth
             11.3.4 ITALY
                       11.3.4.1 Implementation of decree BIM by government to fuel growth of BIM
             11.3.5 SPAIN
                       11.3.5.1 Rising adoption of BIM to ensure effective collaboration among government, construction players, and BIM experts
             11.3.6 REST OF EUROPE
     11.4 APAC
               FIGURE 54 APAC: SNAPSHOT OF BUILDING INFORMATION MODELING MARKET
               TABLE 156 BUILDING INFORMATION MODELING MARKET IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
               TABLE 157 BUILDING INFORMATION MODELING MARKET IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 158 BUILDING INFORMATION MODELING MARKET IN APAC, BY OFFERING TYPE, 2017–2020 (USD MILLION)
               TABLE 159 BUILDING INFORMATION MODELING MARKET IN APAC, BY OFFERING TYPE, 2021–2026 (USD MILLION)
               TABLE 160 BUILDING INFORMATION MODELING MARKET IN APAC, BY SOFTWARE TYPE, 2017–2020 (USD MILLION)
               TABLE 161 BUILDING INFORMATION MODELING MARKET IN APAC, BY SOFTWARE TYPE, 2021–2026 (USD MILLION)
               TABLE 162 BUILDING INFORMATION MODELING MARKET IN APAC, BY SERVICE TYPE, 2017–2020 (USD MILLION)
               TABLE 163 BUILDING INFORMATION MODELING MARKET IN APAC, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             11.4.1 CHINA
                       11.4.1.1 Rising investments in infrastructure to fuel growth of BIM in China
             11.4.2 JAPAN
                       11.4.2.1 Adoption of digital technologies in infrastructure projects to drive BIM market in Japan
             11.4.3 INDIA
                       11.4.3.1 BIM to be adopted more in public projects in India
             11.4.4 SOUTH KOREA
                       11.4.4.1 Government mandates to use BIM for public domain projects to drive market
             11.4.5 REST OF APAC
     11.5 ROW
               FIGURE 55 MIDDLE EAST & AFRICA TO DOMINATE BUILDING INFORMATION MODELING MARKET IN ROW DURING FORECAST PERIOD
               TABLE 164 BUILDING INFORMATION MODELING MARKET IN ROW, BY REGION, 2017–2020 (USD MILLION)
               TABLE 165 BUILDING INFORMATION MODELING MARKET IN ROW, BY REGION, 2021–2026 (USD MILLION)
               TABLE 166 BUILDING INFORMATION MODELING MARKET IN ROW, BY OFFERING TYPE, 2017–2020 (USD MILLION)
               TABLE 167 BUILDING INFORMATION MODELING MARKET IN ROW, BY OFFERING TYPE, 2021–2026 (USD MILLION)
               TABLE 168 BUILDING INFORMATION MODELING MARKET IN ROW, BY SOFTWARE TYPE, 2017–2020 (USD MILLION)
               TABLE 169 BUILDING INFORMATION MODELING MARKET IN ROW, BY SOFTWARE TYPE, 2021–2026 (USD MILLION)
               TABLE 170 BUILDING INFORMATION MODELING MARKET IN ROW, BY SERVICE TYPE, 2017–2020 (USD MILLION)
               TABLE 171 BUILDING INFORMATION MODELING MARKET IN ROW, BY SERVICE TYPE, 2021–2026 (USD MILLION)
             11.5.1 MIDDLE EAST AND AFRICA
                       11.5.1.1 BIM market for oil & gas industry to grow at fastest rate in Middle East & Africa during forecast period
             11.5.2 SOUTH AMERICA
                       11.5.2.1 Adoption of BIM in South America to be driven by AEC industry

12 COMPETITIVE LANDSCAPE (Page No. - 164)
     12.1 OVERVIEW
     12.2 TOP FIVE COMPANY REVENUE ANALYSIS
               FIGURE 56 BUILDING INFORMATION MODELING MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2016–2020
     12.3 MARKET RANKING ANALYSIS
               FIGURE 57 MARKET RANKING OF TOP 5 PLAYERS, 2020
     12.4 COMPETITIVE LEADERSHIP MAPPING
             12.4.1 STAR
             12.4.2 EMERGING LEADER
             12.4.3 PERVASIVE
             12.4.4 PARTICIPANT
                       FIGURE 58 BUILDING INFORMATION MODELING MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020
     12.5 SMALL AND MEDIUM ENTERPRISES (SME) EVALUATION MATRIX, 2020
             12.5.1 PROGRESSIVE COMPANY
             12.5.2 RESPONSIVE COMPANY
             12.5.3 DYNAMIC COMPANY
             12.5.4 STARTING BLOCK
                       FIGURE 59 BUILDING INFORMATION MODELING MARKET (GLOBAL), SME EVALUATION QUADRANT, 2020
     12.6 BUILDING INFORMATION MODELING MARKET: PRODUCT FOOTPRINT
               TABLE 172 COMPANY FOOTPRINT
               TABLE 173 OFFERING FOOTPRINT OF COMPANIES
               TABLE 174 APPLICATION FOOTPRINT OF COMPANIES
               TABLE 175 REGIONAL FOOTPRINT OF COMPANIES
     12.7 COMPETITIVE SITUATIONS AND TRENDS
             12.7.1 PRODUCT LAUNCHES
                       TABLE 176 BUILDING INFORMATION MODELING MARKET: PRODUCT LAUNCHES, FEBRUARY 2019–JULY 2021
             12.7.2 DEALS
                       TABLE 177 BUILDING INFORMATION MODELING MARKET: DEALS, FEBRUARY 2019–JULY 2021

13 COMPANY PROFILES (Page No. - 179)
(Business Overview, Products/solutions/services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
     13.1 INTRODUCTION
     13.2 KEY PLAYERS
             13.2.1 AUTODESK
                       FIGURE 60 AUTODESK: COMPANY SNAPSHOT
             13.2.2 NEMETSCHEK
                       FIGURE 61 NEMETSCHEK: COMPANY SNAPSHOT
             13.2.3 BENTLEY SYSTEMS
                       FIGURE 62 BENTLEY SYSTEMS: COMPANY SNAPSHOT
             13.2.4 TRIMBLE
                       FIGURE 63 TRIMBLE: COMPANY SNAPSHOT
             13.2.5 DASSAULT SYSTEMES
                       FIGURE 64 DASSAULT SYSTEMES: COMPANY SNAPSHOT
             13.2.6 RIB SOFTWARE
                       FIGURE 65 RIB SOFTWARE: COMPANY SNAPSHOT
             13.2.7 ASITE
                       FIGURE 66 ASITE: COMPANY SNAPSHOT
             13.2.8 AVEVA
                       FIGURE 67 AVEVA: COMPANY SNAPSHOT
             13.2.9 HEXAGON
                       FIGURE 68 HEXAGON: COMPANY SNAPSHOT
             13.2.10 ARCHIDATA
     13.3 OTHER KEY PLAYERS
             13.3.1 ACCA SOFTWARE
             13.3.2 ARCADIASOFT
             13.3.3 PROCORE TECHNOLOGIES
             13.3.4 CONCORA
             13.3.5 PΦYRY
             13.3.6 BECK TECHNOLOGY
             13.3.7 COMPUTERS AND STRUCTURES
             13.3.8 ROBERT MCNEEL & ASSOCIATES
             13.3.9 4M COMPANY
             13.3.10 CCT INTERNATIONAL

*Details on Business Overview, Products/solutions/services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

14 APPENDIX (Page No. - 223)
     14.1 DISCUSSION GUIDE
     14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     14.3 AVAILABLE CUSTOMIZATIONS
     14.4 RELATED REPORTS
     14.5 AUTHOR DETAILS

The study has involved four major activities in estimating the size of the building information modeling market. Exhaustive secondary research has been done to collect information on the market, the peer market, and the parent market. To validate these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the total market size. After that, market breakdown and data triangulation methods have been used to estimate the market for segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Factiva have been referred to identify and collect information for this study. These secondary sources included annual reports, press releases and investor presentations of companies, white papers, certified publications, articles by recognized authors, gold-standard and silver-standard websites, regulatory bodies, trade directories, and databases.

Primary Research

Extensive primary research has been conducted after understanding and analyzing the building information modeling market through secondary research. Several primary interviews have been conducted with key opinion leaders from both the demand-side and supply-side vendors across four major regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). Various primary sources from both the supply and demand sides of the market have been interviewed to obtain qualitative and quantitative information. The breakdown of primary respondents is as follows

Building Information Modeling Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Top-down and bottom-up approaches were followed to estimate and validate the size of the Building information modeling market and other dependent submarkets. Key players in the market were identified through secondary research, and their contribution to the market was determined through primary and secondary research. This entire research methodology is based on the study of annual and financial reports of top players, as well as on the interviews with experts (such as CEOs, VPs, directors, and marketing executives) for key insights (both quantitative and qualitative). All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters affecting the markets covered in this research study were accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets. The research methodology used to estimate the market size is as follows:

  • Identifying the entities offering software and solutions in the BIM market influencing the entire market
  • Analyzing major providers of BIM, studying their portfolios, and understanding different offerings for BIM
  • Analyzing trends pertaining to the use of different offering types of BIM for various industries
  • Tracking the ongoing and upcoming developments in the market such as investments made, R&D activities, product launches, collaborations, and partnerships, and forecasting the market based on these developments and other critical parameters
  • Carrying out multiple discussions with key opinion leaders to understand different offering types of BIM, applications and recent trends in the market, thereby analyzing the breakup of the scope of work carried out by major companies
  • Arriving at the market estimates by analyzing the revenue of the companies generated from each offering type of BIM, and then combining the same to get the market estimate
  • Segmenting the overall market into various other market segments
  • Verifying and cross-checking the estimate at every level from the discussion with key opinion leaders such as CXOs, directors, and operations managers, and finally with the domain experts in MarketsandMarkets
  • Studying various paid and unpaid sources of information such as annual reports, press releases, white papers, and databases

Data Triangulation

After arriving at the overall market size from the estimation process explained earlier, the global market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the building information modeling market has been validated using both the top-down and bottom-up approaches.

Report Objectives

  • To describe and forecast the BIM market, in terms of value, by offering type, deployment type, project life cycle, end user, and application
  • To describe and forecast the market, in terms of value, by region—North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
  • To provide detailed information regarding major factors influencing growth (drivers, restraints, opportunities, and challenges)
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contribution to the total market.
  • To strategically profile key players and comprehensively analyze their market position in terms of revenue and core competencies2, along with detailing the competitive landscape for market leaders
  • To provide a detailed impact of COVID-19 on the BIM market
  • To provide the impact of COVID-19 on the market segments and players operating in the BIM market
  • To analyze competitive developments, such as agreements, contracts, expansions, partnerships, acquisitions, and product launches, in the BIM market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information:

  • Detailed analysis and profiling of additional market players based on various blocks of the value chain.
COVID-19

Get in-depth analysis of the COVID-19 impact on the Building Information Modeling Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Building Information Modeling Market

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Report Code
SE 2815
Published ON
Oct, 2021
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