Building Information Modeling Market Size, Share & Growth

Building Information Modeling Market by Offering (Software, Services), Deployment Type (On-Premises), Project lifecycle (Pre construction), End User (AEC Professionals), Application (Planning & Modelling) and Region - Global Forecast to 2029

Report Code: SE 2815 Jul, 2024, by marketsandmarkets.com

Updated on : October 22, 2024

Building Information Modeling (BIM) Market Size

The Building Information Modeling Market size is projected to reach from USD 8.0 billion in 2024 to USD 14.8 billion by 2029; growing at a CAGR of 13.1% between 2024 to 2029.

The increasing demand for BIM software is driven by various factors, including heightened sustainability concerns, expanding construction activities, supportive government policies, and the need for improved collaboration. Additionally, opportunities in emerging markets, advancements in technology integration, and enhanced facility management are expected to further boost the adoption of BIM software.

Building Information Modeling Market

Building Information Modeling Market

Building Information Modeling Market Forecast to 2029

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Building Information Modeling (BIM) Market Trends and Dynamics:

Driver: Enables building management systems and facility management systems

BIM's integration with Building Management Systems (BMS) and Facility Management Systems (FMS) enhances building operations and maintenance by improving efficiency and effectiveness. BIM offers comprehensive data on a building’s design, construction, and performance. This data can be integrated into the BMS to enable improved control and monitoring of building systems such as HVAC, lighting, and security. For FMS, BIM data assists in managing building assets like equipment, furniture, and fixtures. The detailed information from BIM, including asset locations, conditions, and maintenance histories, enables more effective asset management and planning. The integration of sensors within buildings has led to the development of intelligent buildings. These smart buildings not only monitor usage patterns but also detect issues such as pipe leaks, identifying moisture buildup before it can cause mold and health problems.

Restraint: High initial cost of BIM

Implementing BIM software, such as Autodesk Revit and ArchiCAD, involves significant expenses. The cost of licensing, whether through subscriptions or one-time payments, represents a substantial initial investment. Additionally, BIM software demands robust computing power, necessitating high-performance computers and potentially additional servers to manage data processing and storage. Consequently, upgrading existing hardware or acquiring new equipment incurs further costs.

Opportunity: Integration of VR and AR technologies with BIM solutions

Virtual Reality (VR) and Augmented Reality (AR) technologies significantly enhance the visualization of Building Information Modeling (BIM) models by allowing stakeholders to experience designs in immersive 3D environments. This capability improves the understanding of complex architectural and engineering designs, facilitating better communication and collaboration among clients, architects, and construction teams. By enabling interactive design reviews, project stakeholders can explore virtual models in real-time, which aids in receiving immediate feedback and making informed decisions during the design phase. Consequently, potential issues can be identified and addressed more effectively, improving design quality and reducing the likelihood of errors during construction. The modern technique of integrating VR with BIM is highly valuable. It primarily facilitates a thorough analysis of problems and the discussion of alternative solutions. Interacting with the BIM model to visualize the geometry of elements and consult parametric data enhances the collaborative project development process significantly.

Challenge: Complying with BIM standards across multiple geographies

While BIM endeavors to streamline real-time communication and model visualization among stakeholders, ensuring compliance with AEC (Architecture, Engineering, and Construction) and BIM standards presents a significant challenge. This challenge is compounded when multiple stakeholders are involved, each with their own set of compliance requirements. Effectively managing the complex landscape of AEC and BIM standards requires careful attention to detail and a comprehensive grasp of regulatory frameworks. Various regions and industries may impose specific standards, adding layers of complexity to compliance efforts. Additionally, the dynamic nature of these standards requires constant vigilance and adaptation to maintain compliance throughout the project lifecycle.

Building Information Modeling Market Ecosystem

The prominent players in the building information modeling market share are Autodesk Inc. (US), Nemetschek Group (Germany), Bentley Systems, Incorporated (US), Trimble Inc. (US), Dassault Systèmes (France). These companies have been operating in the market for several years and possess a diversified product portfolio, state-of-the-art technologies, and strong global sales and marketing networks.

Building Information Modeling Market by Ecosystem

Building Information Modeling Market Share Segmentation

Software offering type to account for the largest share of the building information modeling market in 2023.

Software solutions used for Building Information Modeling (BIM) are expected to capture largest market share during the forecast period. These solutions offer various features such as interoperability between applications, intuitive visualization capabilities, and cost-effectiveness. BIM software suites typically encompass tools tailored for different project objectives across the lifecycle, including architecture, sustainability, structural design, mechanical, electrical, and plumbing (MEP), construction management, and facility maintenance. 3D BIM software is increasingly adopted by architecture, engineering, and construction (AEC) professionals due to its ability to provide comprehensive 3D visualization of projects.

Pre construction project lifecycle to dominate building information modeling market during the forecast period.

Using BIM in the pre-construction phase ensures designs comply with local building codes and regulations, facilitating the permit approval process and reducing associated delays. Additionally, BIM helps identify and resolve clashes between different building systems (such as structural, mechanical, electrical, and plumbing) early in the design process. This early detection minimizes the risk of costly rework and construction delays.

On-premises deployment type to register the largest share building information modeling market during the forecast period.

The on-premise segment is expected to witness the largest share during the forecast period. Larger firms in the AEC industry, such as Autodesk and Nemetschek, offer on-premise software solutions for customers in industrial, healthcare, and residential sectors. One of the primary reasons for adopting on-premise BIM software is that organizations maintain complete control over their data, as it is physically stored on their premises. This control over data flow is particularly appealing to many firms. Additionally, on-premise deployment is feasible for small- and medium-sized enterprises because it simplifies data management, allowing them to handle their data more efficiently and securely within their own infrastructure.

AEC professionals to grow at highest CAGR during the forecast period.

BIM software offers AEC professionals robust project management features, including cost estimation, scheduling, and clash detection. These capabilities enhance project outcomes and help ensure deadlines are met. Additionally, BIM aids in designing and constructing more sustainable and energy-efficient buildings, a growing priority in the industry. This focus on sustainability is increasing the demand for BIM tools among environmentally-conscious professionals.

Building Information Modeling Industry Regional Analysis

The Asia Pacific region is projected to grow at the highest CAGR during the forecast period.

The Asia Pacific region is rapidly adopting digital technologies, including Building Information Modeling (BIM), as construction companies aim to enhance efficiency, productivity, and collaboration. This surge in adoption is driven by a construction boom in the region, fueled by population growth, urbanization, and economic development, which in turn is increasing the demand for BIM software. The favorable economic conditions and the expanding construction activities in the Asia Pacific are expected to sustain the high growth rate of the building information modeling industry. As construction firms continue to embrace digital solutions to meet the demands of large-scale projects, BIM adoption is likely to grow even further.

Building Information Modeling Market by Region

Building Information Modeling Market by Region

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Top Building Information Modeling Companies - Key Market Players

These companies have used organic and inorganic growth strategies, such as product launches, acquisitions, and partnerships to strengthen their position in the market.

Building Information Modeling Market Reprot Scope

Report Metric

Details

Estimated Market Size

USD 8.0 billion

Expected Market Size

USD 14.8 billion

Growth Rate

CAGR of 13.1%

Market Size Availability for Years

2020–2029

Base Year

2023

Forecast Period

2024–2029

Forecast Units

Value (USD)

Segments Covered

By Offering Type, By Deployment Type, By Project Phase, By Vertical, By Application, By End User

Geographies Covered

North America, Europe, Asia Pacific, and RoW

Companies Covered

Autodesk Inc. (US), Nemetschek Group (Germany), Bentley Systems, Incorporated (US), Trimble Inc. (US), Dassault Systèmes (France), Schneider Electric (France), Asite (UK), Procore Technologies, Inc. (US), Hexagon AB (Sweden), Archidata Inc. (Canada), ACCA software (Italy), pinnacleinfotech.com (US), Concora (US), AFRY AB (Sweden), Beck Technology  (US), Computers and Structures, Inc. (US), Robert McNeel & Associates (TLM, Inc.) (US), SierraSoft (Italy), Safe Software Inc (Canada), FARO (US), 4M S.A. (Greece), Geo-Plus (Canada), CYPE (Spain), MagiCAD Group (Finland) and Revizto SA (Switzerland)

Building Information Modeling Market Highlights

This research report categorizes the building information modeling market share based on offering type, deployment type, project phase, vertical, application, end user, and region.

Segment

Subsegment

By Offering Type

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

By Deployment Type

  • Introduction
  • On-Premises Deployment
  • Cloud Deployment

By Project Phase

  • Introduction
  • Pre-Construction
  • Construction
  • Operations

By Vertical

  • Introduction
  • Residential       
  • Industrial          
  • Commercial
  • Other Verticals

By Application

  • Introduction
  • Planning & Modelling
  • Construction & Design
  • Asset Management
  • Building System Analysis & Maintenance Scheduling
  • Other Applications

By End User

  • Introduction
  • AEC Professionals
  • Consultants & Facility Managers
  • Other end users

By Region

  • Introduction
  • North America
    • Impact of Recession
    • US
    • Canada
    • Mexico
  • Europe
    • Impact of Recession
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Impact of Recession
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • ROW
    • Impact of Recession
    • Middle East & Africa
      • GCC
      • Rest of Middle East & Africa
  • South America

Recent Developments in Building Information Modeling Industry

  • In March 2024, Autodesk has introduced several new features in Autodesk Construction Cloud (ACC) designed to help project leaders and teams prevent costly mistakes. These features, including Specifications, Work Planning capabilities, and Model-Based Progress Tracking, provide teams with critical project insights drawn from data, enabling them to make informed decisions. The updated Model Viewer also enhances field collaboration by enabling teams to concentrate on construction rather than spending time searching for essential information.
  • In January 2024, ALLPLAN, a leading global provider of BIM solutions for the AEC industry, has revealed that users of Allplan Subscription will now enjoy enhanced functionality for interconnected 2D and 3D workflows. A new addition to Allplan Subscription is Allplan Cloud, a comprehensive solution that seamlessly integrates Allplan desktop and cloud applications, enabling users to maximize their data utilization. Allplan Cloud incorporates a robust cloud-based BIM collaboration platform, which now features the latest addition: Bimplus Overlay functionality.
  • In August 2023, Bentley Systems, Incorporated, a leader in infrastructure engineering software, announced its acquisition of Blyncsy, a company known for its innovative AI services tailored for transportation departments to enhance operations and maintenance. This acquisition strengthens Bentley’s iTwin Ventures portfolio by advancing the creation and dissemination of comprehensive infrastructure asset analytics within the digital twin ecosystem.
  • In January 2023, Trimble acquired Ryvit, a provider of Integration Platform-as-a-Service (iPaaS) solutions for the construction sector. Ryvit creates connections between widely used applications and data sources, facilitating information sharing both within and across organizations. This enables project teams to access accurate information promptly for informed decision-making. The acquisition enhances Trimble Construction One, Trimble's connected, cloud-based construction management platform, which improves speed, efficiency, and accuracy throughout the construction project lifecycle. With Trimble Construction One, customers gain better visibility into real-time project status and cash flow, resulting in more confident and reliable project delivery.
  • In December 2022, Dassault Systèmes, Egis, and B4 partnered for a project to rebuild cities in Ukraine. The French government supports the project with a grant from the French Treasury. The project will combine Dassault Systèmes' 3DEXPERIENCE platform and Egis' and B4's construction engineering expertise in a two-phase approach: a damage assessment and reconstruction cost analysis in the Chernihiv Oblast, followed by a strategic master planning for reconstruction in the city of Chernihiv.

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INTRODUCTION
25
RESEARCH METHODOLOGY
30
EXECUTIVE SUMMARY
44
PREMIUM INSIGHTS
49
MARKET OVERVIEW
52
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Need for better building management systems and facility management systems
    - Sustainability promoted through low carbon emissions during construction
    - Rapid urbanization globally
    - Government initiatives promoting use of BIM
    RESTRAINTS
    - High initial cost of BIM
    OPPORTUNITIES
    - Integration of VR and AR technologies with BIM solutions
    - Focus of stakeholders in construction industry on improving safety
    - Rise in trend of IoT in construction sector
    - Increase in adoption of BIM Automation
    CHALLENGES
    - Complying with BIM standards across multiple geographies
    - Low level of digitalization in construction industry
  • 5.3 SUPPLY CHAIN ANALYSIS
  • 5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
  • 5.5 ECOSYSTEM MAPPING
  • 5.6 INVESTMENT AND FUNDING SCENARIO
  • 5.7 PRICING ANALYSIS
    AVERAGE SUBSCRIPTION PRICE OF BUILDING INFORMATION MODELING
    AVERAGE SUBSCRIPTION PRICE TREND
    AVERAGE SUBSCRIPTION PRICE OF BUILDING INFORMATION MODELING, BY REGION
  • 5.8 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.9 PORTER’S FIVE FORCES ANALYSIS
    THREAT OF NEW ENTRANTS
    THREAT OF SUBSTITUTES
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    INTENSITY OF COMPETITIVE RIVALRY
  • 5.10 CASE STUDIES
    TRIMBLE BIM TECHNOLOGIES TO BE IMPLEMENTED IN INFRASTRUCTURE CONSTRUCTION
    SORDONI CONSTRUCTION SERVICES THRIVED WITH BECK TECHNOLOGY’S SOFTWARE TRAINING
    XL CONSTRUCTION UTILIZED PROCORE’S BIM TO SHARE DESIGN ACROSS PROJECT TEAMS TO DETECT FLAWS AND MINIMIZE REWORK
    BECK GROUP AIMED TO SAVE TIME AND ACHIEVE FINANCIAL GAINS WITH DEPLOYMENT OF PROCORE’S BIM 360 SUITES
    PINNACLE EXECUTED 3D BIM AT MUSCAT INTERNATIONAL AIRPORT FOR DESIGN AND CONSTRUCTION OF CARGO AND MRO FACILITIES
  • 5.11 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGIES
    - 3D Modeling
    - Cloud Collaboration
    COMPLEMENTARY TECHNOLOGIES
    - IoT in BIM
    - AR/VR in BIM
    ADJACENT TECHNOLOGY
    - Digital Twins
  • 5.12 TRADE ANALYSIS
    IMPORT SCENARIO
    EXPORT SCENARIO
  • 5.13 PATENT ANALYSIS
  • 5.14 KEY CONFERENCES AND EVENTS
  • 5.15 STANDARDS AND REGULATORY LANDSCAPE
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    STANDARDS
    - BS EN ISO 19650
BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE
86
  • 6.1 INTRODUCTION
  • 6.2 SOFTWARE
    ARCHITECTURAL DESIGN
    - Use of BIM tools in maintaining quality and efficiency in architectural projects
    SUSTAINABILITY
    - Need to reduce project costs and ensure sustainable operations and maintenance
    STRUCTURAL DESIGN & ANALYSIS
    - Need to meet safety standards with structural design & analysis software
    MEP
    - Minimized construction errors through 3D models
    CONSTRUCTION
    - Use of simulations and analysis to enhance construction quality and safety
    FACILITY MANAGEMENT
    - Offering guidance to facility managers to make informed decisions regarding optimizing workflow management
  • 6.3 SERVICES
    SOFTWARE SUPPORT & MAINTENANCE
    - Highly adopted by contractors and building owners
    PROJECT MANAGEMENT & SUPPORT
    - Services including strategic advice and process improvement to effectively manage project workflow
BUILDING INFORMATION MODELING MARKET, BY DEPLOYMENT TYPE
103
  • 7.1 INTRODUCTION
  • 7.2 ON-PREMISES
    DEMAND FOR GOOD CONTROL OVER DATA SECURITY AND PUBLIC PRIVACY
  • 7.3 CLOUD
    DEMAND FOR HIGHLY SCALABLE, COST-EFFECTIVE, AND ACCESSIBLE SOLUTIONS
BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE
106
  • 8.1 INTRODUCTION
  • 8.2 PRE-CONSTRUCTION
    BENEFITS OF PRE-CONSTRUCTION PROJECT VISUALIZATION, COST PLANNING, ARCHITECTURAL DESIGNING, AND DETAILING TASKS
  • 8.3 CONSTRUCTION
    DEMAND FOR ASSISTANCE IN COMPLETING PROJECTS EFFICIENTLY AT LOWER COST
  • 8.4 OPERATION
    INFORMATION MODELS TO IMPROVE QUALITY AND EFFICIENCY DURING LAST PHASE OF CONSTRUCTION
BUILDING INFORMATION MODELING MARKET, BY VERTICAL
112
  • 9.1 INTRODUCTION
  • 9.2 BUILDINGS
    RISE IN NUMBER OF INTERNET OF THINGS (IOT)-INCORPORATED SMART BUILDINGS
  • 9.3 INDUSTRIAL
    USE OF BIM BY FACILITY MANAGERS TO MANAGE INDUSTRIAL OPERATIONS AND SMOOTH WORKFLOW
  • 9.4 CIVIL INFRASTRUCTURE
    RISE IN ADOPTION OF BIM IN GOVERNMENT-BASED INFRASTRUCTURE PROJECTS
  • 9.5 OIL & GAS
    ADVANTAGES OF COMPREHENSIVE 3D MODEL INCLUDING DETAILED INFORMATION ON FACILITY FUNCTIONALITY
  • 9.6 UTILITIES
    GROWING IMPLEMENTATION OF BIM IN UTILITIES TO REDUCE REWORK AND DELAYS TO DRIVE SEGMENTAL GROWTH
  • 9.7 OTHER VERTICALS
BUILDING INFORMATION MODELING MARKET, BY APPLICATION
121
  • 10.1 INTRODUCTION
  • 10.2 PLANNING & MODELING
    NEED FOR BETTER SCENARIO ANALYSIS AND DECISION-MAKING IN PLANNING
  • 10.3 CONSTRUCTION & DESIGN
    BENEFITS OF VISUALIZING AND CREATING SMOOTH CONSTRUCTION WORKFLOW
  • 10.4 ASSET MANAGEMENT
    ASSET PLANNING TO HELP IN STREAMLINING REPAIRS, MAINTENANCE, AND REMODELING
  • 10.5 BUILDING SYSTEM ANALYSIS & MAINTENANCE SCHEDULING
    MORE ACCURATE PERFORMANCE AND EFFICIENT BUILDING ASSETS LIFECYCLE
BUILDING INFORMATION MODELING MARKET, BY END USER
123
  • 11.1 INTRODUCTION
  • 11.2 AEC PROFESSIONALS
    ACCESS TO BETTER DESIGN INSIGHT AND PRACTICAL DESIGN SOLUTIONS
  • 11.3 CONSULTANTS & FACILITY MANAGERS
    NEED FOR COMPREHENSIVE VIEW OF BUILDING MAINTENANCE, REPAIRS, AND ENERGY USAGE
  • 11.4 OTHER END USERS
BUILDING INFORMATION MODELING MARKET, BY REGION
127
  • 12.1 INTRODUCTION
  • 12.2 NORTH AMERICA
    NORTH AMERICA: IMPACT OF RECESSION ON MARKET
    US
    - Technology adoption by construction companies and work of government-owned BIM programs
    CANADA
    - Community built by BIM professionals to involve BIM implementation in most public projects
    MEXICO
    - Rise in use of BIM in academic field
  • 12.3 EUROPE
    EUROPE: IMPACT OF RECESSION
    UK
    - Successfully developed several government projects with BIM design, planning, and documentation
    GERMANY
    - Adoption of BIM triggered by pilot projects
    FRANCE
    - Support for adoption of BIM by French Building Federation and other such organizations, along with construction companies
    ITALY
    - BIM adoption in construction encouraged by Italian Ministry for Infrastructures and Transport
    SPAIN
    - Increase in deployment due to cost savings and efficiency, especially in upcoming projects
    REST OF EUROPE
  • 12.4 ASIA PACIFIC
    ASIA PACIFIC: IMPACT OF RECESSION
    CHINA
    - Increase in government initiatives to address slow adoption by fragmented construction industry
    JAPAN
    - Expansion of BIM solutions in residential construction
    INDIA
    - Initiatives encouraging energy efficiency within construction sector
    SOUTH KOREA
    - Government mandates for use of BIM in public domain projects
    REST OF ASIA PACIFIC
  • 12.5 REST OF THE WORLD (ROW)
    ROW: IMPACT OF RECESSION ON BIM MARKET
    MIDDLE EAST & AFRICA
    - Infrastructural projects supported by standards and skilled professionals in Middle East & Africa
    - GCC Countries
    - Rest of the Middle East & Africa
    SOUTH AMERICA
    - AEC industry to be biggest contributor to South American BIM market
COMPETITIVE LANDSCAPE
155
  • 13.1 OVERVIEW
  • 13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
    PRODUCT PORTFOLIO
    REGIONAL FOCUS
    MANUFACTURING FOOTPRINT
    ORGANIC/INORGANIC STRATEGIES
  • 13.3 REVENUE ANALYSIS
  • 13.4 BIM SOFTWARE MARKET SHARE ANALYSIS
  • 13.5 COMPANY VALUATION AND FINANCIAL METRICS
  • 13.6 BRAND/PRODUCT COMPARISON
  • 13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT
  • 13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
  • 13.9 COMPETITIVE SITUATIONS AND TRENDS
    PRODUCT LAUNCHES
    DEALS
    OTHERS
COMPANY PROFILES
193
  • 14.1 KEY PLAYERS
    AUTODESK INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    NEMETSCHEK GROUP
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    BENTLEY SYSTEMS, INCORPORATED
    - Business overview
    - Products/Solutions/Services offered
    - Recent Developments
    - MnM view
    TRIMBLE INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    DASSAULT SYSTÈMES
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    SCHNEIDER ELECTRIC
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    ASITE
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    HEXAGON AB
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    PROCORE TECHNOLOGIES, INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    ARCHIDATA INC.
    - Business overview
    - Products/Solutions/Services offered
  • 14.2 OTHER PLAYERS
    ACCA SOFTWARE
    PINNACLE INFOTECH SOLUTIONS
    CONCORA
    AFRY AB
    BECK TECHNOLOGY
    COMPUTERS AND STRUCTURES, INC.
    ROBERT MCNEEL & ASSOCIATES (TLM, INC.)
    4M S.A.
    SIERRASOFT
    SAFE SOFTWARE INC.
    FARO
    GEO-PLUS
    CYPE
    MAGICAD GROUP
    REVIZTO SA
APPENDIX
251
  • 15.1 DISCUSSION GUIDE
  • 15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 15.3 CUSTOMIZATION OPTIONS
  • 15.4 RELATED REPORTS
  • 15.5 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 INCLUSIONS & EXCLUSIONS
  • TABLE 2 KEY SECONDARY SOURCES
  • TABLE 3 KEY PRIMARY PARTICIPANTS
  • TABLE 4 BREAKDOWN OF PRIMARIES
  • TABLE 5 KEY ASSUMPTIONS: MACRO- AND MICRO-ECONOMIC ENVIRONMENT
  • TABLE 6 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON BUILDING INFORMATION MODELING MARKET
  • TABLE 7 MARKET GROWTH ASSUMPTIONS
  • TABLE 8 RISK ASSESSMENT
  • TABLE 9 BUILDING INFORMATION MODELING MARKET PLAYER: ROLE IN ECOSYSTEM
  • TABLE 10 AVERAGE SUBSCRIPTION PRICE OF BIM SOFTWARE PROVIDED BY KEY PLAYERS, 2023 (USD)
  • TABLE 11 AVERAGE SUBSCRIPTION PRICE OF BUILDING INFORMATION MODELING SOFTWARE, 2020–2023 (USD)
  • TABLE 12 AVERAGE SUBSCRIPTION PRICE TREND OF BENTLEY SYSTEMS, INCORPORATED (OPENBUILDINGS DESIGNER), BY REGION, 2020–2023 (USD)
  • TABLE 13 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
  • TABLE 14 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
  • TABLE 15 BIM MARKET: PORTER’S FIVE FORCES ANALYSIS
  • TABLE 16 IMPORT DATA FOR BIM PRODUCTS COVERED UNDER HS CODE 8302, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 17 EXPORT DATA FOR BIM PRODUCTS COVERED UNDER HS CODE 8302, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 18 KEY PATENTS IN BUILDING INFORMATION MODELING (BIM) MARKET, 2021–2024
  • TABLE 19 BUILDING INFORMATION MODELING MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025
  • TABLE 20 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 21 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 22 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 23 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 24 BIM SOFTWARE MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 25 BIM MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 26 BIM MARKET, BY SOFTWARE TYPE, 2020–2023 (USD MILLION)
  • TABLE 27 BUILDING INFORMATION MODELING MARKET, BY SOFTWARE TYPE, 2024–2029 (USD MILLION)
  • TABLE 28 BUILDING INFORMATION MODELING SOFTWARE MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 29 BUILDING INFORMATION MODELING SOFTWARE MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 30 BUILDING INFORMATION MODELING SOFTWARE MARKET, BY PROJECT LIFECYCLE, 2020–2023 (USD MILLION)
  • TABLE 31 BUILDING INFORMATION MODELING SOFTWARE MARKET, BY PROJECT LIFECYCLE, 2024–2029 (USD MILLION)
  • TABLE 32 BUILDING INFORMATION MODELING SOFTWARE MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 33 BUILDING INFORMATION MODELING SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 34 NORTH AMERICA: BUILDING INFORMATION MODELING SOFTWARE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 35 NORTH AMERICA: BUILDING INFORMATION MODELING SOFTWARE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 36 EUROPE: BUILDING INFORMATION MODELING SOFTWARE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 37 EUROPE: BUILDING INFORMATION MODELING SOFTWARE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 38 ASIA PACIFIC: BUILDING INFORMATION MODELING SOFTWARE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 39 ASIA PACIFIC: BUILDING INFORMATION MODELING SOFTWARE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 40 ROW: BUILDING INFORMATION MODELING SOFTWARE MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 41 ROW: BUILDING INFORMATION MODELING SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 42 BUILDING INFORMATION MODELING MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 43 BIM MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 44 BUILDING INFORMATION MODELING SERVICES MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 45 BUILDING INFORMATION MODELING SERVICES MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 46 BUILDING INFORMATION MODELING SERVICES MARKET, BY PROJECT LIFECYCLE, 2020–2023 (USD MILLION)
  • TABLE 47 BUILDING INFORMATION MODELING SERVICES MARKET, BY PROJECT LIFECYCLE, 2024–2029 (USD MILLION)
  • TABLE 48 BUILDING INFORMATION MODELING SERVICES MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 49 BUILDING INFORMATION MODELING SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 50 NORTH AMERICA: BUILDING INFORMATION MODELING SERVICES MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 51 NORTH AMERICA: BUILDING INFORMATION MODELING SERVICES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 52 EUROPE: BUILDING INFORMATION MODELING SERVICES MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 53 EUROPE: BUILDING INFORMATION MODELING SERVICES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 54 ASIA PACIFIC: BUILDING INFORMATION MODELING SERVICES MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 55 ASIA PACIFIC: BUILDING INFORMATION MODELING SERVICES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 56 ROW: BUILDING INFORMATION MODELING SERVICES MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 57 ROW: BUILDING INFORMATION MODELING SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 58 BUILDING INFORMATION MODELING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2020–2023 (USD MILLION)
  • TABLE 59 BUILDING INFORMATION MODELING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)
  • TABLE 60 BUILDING INFORMATION MODELING MARKET, BY PROJECT LIFECYCLE, 2020–2023 (USD MILLION)
  • TABLE 61 BUILDING INFORMATION MODELING (BIM) MARKET, BY PROJECT LIFECYCLE, 2024–2029 (USD MILLION)
  • TABLE 62 PRE-CONSTRUCTION BIM MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 63 PRE-CONSTRUCTION BIM SOFTWARE MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 64 CONSTRUCTION BUILDING INFORMATION MODELING SOFTWARE MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 65 CONSTRUCTION BIM MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 66 OPERATION BUILDING INFORMATION MODELING (BIM) MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 67 OPERATION BIM MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 68 BUILDING INFORMATION MODELING MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 69 BIM MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 70 BUILDING INFORMATION MODELING SOFTWARE MARKET IN BUILDINGS VERTICAL, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 71 BIM SOFTWARE MARKET IN BUILDINGS VERTICAL, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 72 MARKET IN INDUSTRIAL VERTICAL, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 73 MARKET IN INDUSTRIAL VERTICAL, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 74 MARKET IN CIVIL INFRASTRUCTURE VERTICAL, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 75 MARKET IN CIVIL INFRASTRUCTURE VERTICAL, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 76 MARKET IN OIL & GAS VERTICAL, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 77 BUILDING INFORMATION MODELING MARKET IN OIL & GAS VERTICAL, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 78 BUILDING INFORMATION MODELING (BIM) MARKET IN UTILITIES VERTICAL, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 79 BIM MARKET IN UTILITIES VERTICAL, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 80 MARKET IN OTHER VERTICALS, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 81 MARKET IN OTHER VERTICALS, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 82 MARKET, BY END USER, 2020–2023 (USD MILLION)
  • TABLE 83 MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 84 MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 85 MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 86 NORTH AMERICA: BUILDING INFORMATION MODELING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 87 NORTH AMERICA: BUILDING INFORMATION MODELING (BIM) MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 88 NORTH AMERICA: BIM SOFTWARE MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 89 NORTH AMERICA: MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 90 US: MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 91 US: MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 92 CANADA: BUILDING INFORMATION MODELING (BIM) MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 93 CANADA: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 94 MEXICO: MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 95 MEXICO: MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 96 EUROPE: MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 97 EUROPE: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 98 EUROPE: MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 99 EUROPE: MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 100 UK: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 101 UK: BIM MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 102 GERMANY: BIM MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 103 GERMANY: BUILDING INFORMATION MODELING (BIM) MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 104 FRANCE: MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 105 FRANCE: MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 106 ITALY: MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 107 ITALY: MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 108 SPAIN: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 109 SPAIN: MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 110 REST OF EUROPE: BUILDING INFORMATION MODELING (BIM) MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 111 REST OF EUROPE: MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 112 ASIA PACIFIC: BIM SOFTWARE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 113 ASIA PACIFIC: BIM MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 114 ASIA PACIFIC: MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 115 ASIA PACIFIC: MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 116 CHINA: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 117 CHINA: MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 118 JAPAN: MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 119 JAPAN: MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 120 INDIA: BUILDING INFORMATION MODELING (BIM) MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 121 INDIA: MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 122 SOUTH KOREA: BIM MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 123 SOUTH KOREA: BUILDING INFORMATION MODELING MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 124 REST OF ASIA PACIFIC: MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 125 REST OF ASIA PACIFIC: MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 126 ROW: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 127 ROW:  MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 128 MIDDLE EAST & AFRICA: BUILDING INFORMATION MODELING (BIM) MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 129 MIDDLE EAST & AFRICA: BUILDING INFORMATION MODELING MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 130 ROW: BIM MARKET, BY OFFERING TYPE, 2020–2023 (USD MILLION)
  • TABLE 131 ROW: MARKET, BY OFFERING TYPE, 2024–2029 (USD MILLION)
  • TABLE 132 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
  • TABLE 133 BIM MARKET: DEGREE OF COMPETITION, 2023
  • TABLE 134 OFFERING TYPE FOOTPRINT, 2023
  • TABLE 135 VERTICAL FOOTPRINT, 2023
  • TABLE 136 END USER FOOTPRINT, 2023
  • TABLE 137 APPLICATION FOOTPRINT, 2023
  • TABLE 138 REGIONAL FOOTPRINT, 2023
  • TABLE 139 BUILDING INFORMATION MODELING MARKET: LIST OF KEY STARTUPS/SMES, 2023
  • TABLE 140 BUILDING INFORMATION MODELING (BIM) MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (OFFERING TYPE FOOTPRINT), 2023
  • TABLE 141 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (END USER FOOTPRINT), 2023
  • TABLE 142 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (APPLICATION FOOTPRINT), 2023
  • TABLE 143 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (VERTICAL FOOTPRINT), 2023
  • TABLE 144 BUILDING INFORMATION MODELING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (REGION FOOTPRINT), 2023
  • TABLE 145 PRODUCT LAUNCHES, JANUARY 2020–APRIL 2024
  • TABLE 146 DEALS, JANUARY 2020–APRIL 2024
  • TABLE 147 OTHERS, JANUARY 2020–APRIL 2024
  • TABLE 148 AUTODESK INC.: COMPANY OVERVIEW
  • TABLE 149 AUTODESK INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 150 AUTODESK INC.: PRODUCT LAUNCHES
  • TABLE 151 AUTODESK INC.: DEALS
  • TABLE 152 NEMETSCHEK GROUP: COMPANY OVERVIEW
  • TABLE 153 NEMETSCHEK GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 154 NEMETSCHEK GROUP: PRODUCT LAUNCHES
  • TABLE 155 NEMETSCHEK GROUP: DEALS
  • TABLE 156 NEMETSCHEK GROUP: EXPANSIONS
  • TABLE 157 BENTLEY SYSTEMS, INCORPORATED: COMPANY OVERVIEW
  • TABLE 158 BENTLEY SYSTEMS, INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 159 BENTLEY SYSTEMS, INCORPORATED: PRODUCT LAUNCHES
  • TABLE 160 BENTLEY SYSTEMS, INCORPORATED: DEALS
  • TABLE 161 TRIMBLE INC.: COMPANY OVERVIEW
  • TABLE 162 TRIMBLE INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 163 TRIMBLE INC.: PRODUCT LAUNCHES
  • TABLE 164 TRIMBLE INC.: DEALS
  • TABLE 165 DASSAULT SYSTÈMES: COMPANY OVERVIEW
  • TABLE 166 DASSAULT SYSTÈMES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 167 DASSAULT SYSTÈMES: PRODUCT LAUNCHES
  • TABLE 168 DASSAULT SYSTÈMES: DEALS
  • TABLE 169 SCHNEIDER ELECTRIC: COMPANY OVERVIEW
  • TABLE 170 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 171 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES
  • TABLE 172 SCHNEIDER ELECTRIC: DEALS
  • TABLE 173 ASITE: COMPANY OVERVIEW
  • TABLE 174 ASITE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 175 ASITE: PRODUCT LAUNCHES
  • TABLE 176 ASITE: DEALS
  • TABLE 177 ASITE: EXPANSIONS
  • TABLE 178 HEXAGON AB: COMPANY OVERVIEW
  • TABLE 179 HEXAGON AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 180 HEXAGON AB: PRODUCT LAUNCHES
  • TABLE 181 HEXAGON AB: DEALS
  • TABLE 182 PROCORE TECHNOLOGIES, INC.: COMPANY OVERVIEW
  • TABLE 183 PROCORE TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 184 PROCORE TECHNOLOGIES, INC.: PRODUCT LAUNCHES
  • TABLE 185 PROCORE TECHNOLOGIES, INC.: DEALS
  • TABLE 186 PROCORE TECHNOLOGIES, INC.: EXPANSIONS
  • TABLE 187 ARCHIDATA INC.: COMPANY OVERVIEW
  • TABLE 188 ARCHIDATA INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
LIST OF FIGURES
 
  • FIGURE 1 BUILDING INFORMATION MODELING MARKET SEGMENTATION
  • FIGURE 2 STUDY PERIOD CONSIDERED
  • FIGURE 3 BUILDING INFORMATION MODELING (BIM) MARKET: RESEARCH DESIGN
  • FIGURE 4 RESEARCH APPROACH
  • FIGURE 5 KEY DATA FROM SECONDARY SOURCES
  • FIGURE 6 BREAKDOWN OF PRIMARIES, BY COMPANY TYPE, DESIGNATION, AND REGION
  • FIGURE 7 KEY DATA FROM PRIMARY SOURCES
  • FIGURE 8 KEY INDUSTRY INSIGHTS
  • FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS
  • FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  • FIGURE 11 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • FIGURE 12 APPROACH 1 (SUPPLY-SIDE ANALYSIS): REVENUE GENERATED BY COMPANIES FROM SALES OF BIM PRODUCTS
  • FIGURE 13 APPROACH 1 (TOP-DOWN, SUPPLY-SIDE): ILLUSTRATION OF REVENUE ESTIMATION FOR ONE COMPANY IN BIM MARKET
  • FIGURE 14 BUILDING INFORMATION MODELING MARKET: DATA TRIANGULATION
  • FIGURE 15 MARKET, 2020–2029 (USD BILLION)
  • FIGURE 16 BUILDINGS SEGMENT TO CAPTURE LARGER MARKET SHARE IN MARKET
  • FIGURE 17 BUILDING INFORMATION MODELING SOFTWARE OFFERING TO WITNESS HIGHER CAGR DURING FORECAST PERIOD (USD MILLION)
  • FIGURE 18 AEC PROFESSIONALS TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD (USD MILLION)
  • FIGURE 19 CLOUD-BASED BIM SOLUTIONS TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
  • FIGURE 20 PRE-CONSTRUCTION BUILDING INFORMATION MODELING TO ACCOUNT FOR LARGER MARKET SHARE IN 2029
  • FIGURE 21 NORTH AMERICA TO LEAD MARKET BY 2029
  • FIGURE 22 RAPID URBANIZATION WORLDWIDE TO BOOST BIM MARKET GROWTH
  • FIGURE 23 BUILDING INFORMATION MODELING SOFTWARE TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 AND 2029
  • FIGURE 24 BUILDING INFORMATION MODELING DURING CONSTRUCTION PHASE TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 25 ON-PREMISE DEPLOYMENT TO CAPTURE MAJORITY OF MARKET SHARE IN 2024 AND 2029
  • FIGURE 26 AEC PROFESSIONALS AND BUILDINGS ACCOUNTED FOR LARGEST SEGMENTAL SHARES OF BUILDING INFORMATION MODELING (BIM) MARKET IN 2023
  • FIGURE 27 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN BUILDING INFORMATION MODELING MARKET DURING FORECAST PERIOD
  • FIGURE 28 MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 29 DRIVERS AND THEIR IMPACT ON BIM MARKET
  • FIGURE 30 RESTRAINTS AND THEIR IMPACT ON BUILDING INFORMATION MODELING (BIM) MARKET
  • FIGURE 31 OPPORTUNITIES AND THEIR IMPACT ON MARKET
  • FIGURE 32 CHALLENGES AND THEIR IMPACT ON MARKET
  • FIGURE 33 SUPPLY CHAIN OF BIM MARKET
  • FIGURE 34 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES IN BIM MARKET
  • FIGURE 35 BUILDING INFORMATION MODELING ECOSYSTEM
  • FIGURE 36 BUILDING INFORMATION MODELING MARKET: INVESTMENT AND FUNDING, 2018–2024 (USD MILLION)
  • FIGURE 37 AVERAGE SUBSCRIPTION PRICE OF BIM SOFTWARE OFFERED BY KEY PLAYERS, 2023 (USD)
  • FIGURE 38 AVERAGE SUBSCRIPTION PRICE OF BUILDING INFORMATION MODELING, BY OFFERING TYPE, 2020–2023 (USD)
  • FIGURE 39 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
  • FIGURE 40 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
  • FIGURE 41 PORTER’S FIVE FORCES ANALYSIS
  • FIGURE 42 IMPORT DATA FOR BIM PRODUCTS COVERED UNDER HS CODE 8302, BY COUNTRY, 2019–2023 (USD MILLION)
  • FIGURE 43 EXPORT DATA FOR BIM PRODUCTS COVERED UNDER HS CODE 8302, BY COUNTRY, 2019–2023 (USD MILLION)
  • FIGURE 44 NUMBER OF PATENTS GRANTED FOR BUILDING INFORMATION MODELING, 2014–2023
  • FIGURE 45 SOFTWARE SEGMENT TO LEAD BUILDING INFORMATION MODELING MARKET THROUGHOUT FORECAST PERIOD
  • FIGURE 46 ON-PREMISE DEPLOYMENT TO LEAD BUILDING INFORMATION MODELING (BIM) MARKET THROUGHOUT FORECAST PERIOD
  • FIGURE 47 BUILDING INFORMATION MODELING IN PRE-CONSTRUCTION PHASE TO LEAD MARKET THROUGHOUT FORECAST PERIOD
  • FIGURE 48 ADOPTION OF BUILDING INFORMATION MODELING IN BUILDINGS VERTICAL TO CAPTURE LARGEST MARKET SHARE IN 2024 AND 2029
  • FIGURE 49 AEC PROFESSIONALS TO LEAD BIM MARKET THROUGHOUT FORECAST PERIOD
  • FIGURE 50 NORTH AMERICA TO BE LARGEST MARKET IN 2024 AND 2029
  • FIGURE 51 NORTH AMERICA: BUILDING INFORMATION MODELING MARKET SNAPSHOT
  • FIGURE 52 EUROPE: BIM MARKET SNAPSHOT
  • FIGURE 53 ASIA PACIFIC: BUILDING INFORMATION MODELING (BIM) MARKET SNAPSHOT
  • FIGURE 54 FIVE-YEAR REVENUE ANALYSIS OF TOP FIVE PLAYERS IN BUILDING INFORMATION MODELING MARKET, 2019–2023 (USD MILLION)
  • FIGURE 55 BUILDING INFORMATION MODELING: MARKET SHARE ANALYSIS, 2023
  • FIGURE 56 COMPANY VALUATION, 2024 (USD MILLION)
  • FIGURE 57 FINANCIAL METRICS, 2024 (EV/EBITDA)
  • FIGURE 58 BRAND/PRODUCT COMPARISON
  • FIGURE 59 MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
  • FIGURE 60 COMPANY FOOTPRINT, 2023
  • FIGURE 61 BUILDING INFORMATION MODELING MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
  • FIGURE 62 AUTODESK INC.: COMPANY SNAPSHOT
  • FIGURE 63 NEMETSCHEK GROUP: COMPANY SNAPSHOT
  • FIGURE 64 BENTLEY SYSTEMS, INCORPORATED: COMPANY SNAPSHOT
  • FIGURE 65 TRIMBLE INC.: COMPANY SNAPSHOT
  • FIGURE 66 DASSAULT SYSTÈMES: COMPANY SNAPSHOT
  • FIGURE 67 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
  • FIGURE 68 HEXAGON AB: COMPANY SNAPSHOT
  • FIGURE 69 PROCORE TECHNOLOGIES, INC.: COMPANY SNAPSHOT

 

The study involved four major activities in estimating the size of the building information modeling market. Exhaustive secondary research has been conducted to collect information on the market, the peer markets, and the parent market. Both top-down and bottom-up approaches have been employed to estimate the total market size. Market breakdown and data triangulation methods have also been used to estimate the market for segments and subsegments.

Secondary Research

Revenues of companies offering building information modeling solutions have been obtained from the secondary data available through paid and unpaid sources. The revenues have also been derived by analyzing the product portfolio of key companies, and these companies have been rated according to the performance and quality of their products.

Various secondary sources have been referred to in the secondary research process for identifying and collecting information important for this study. Secondary sources include corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers; IoT technologies journals and certified publications; articles by recognized authors; gold-standard and silver-standard websites; directories; and databases.

Secondary research has been conducted mainly to obtain critical information about the market’s value chain, the total pool of key players, market classification and segmentation according to the industry trends to the bottom-most level, geographic markets, and key developments from both demand- and technology-oriented perspectives. Secondary data has been collected and analyzed to determine the overall market size, further validated by primary research.

Primary Research

Extensive primary research has been conducted after understanding and analyzing the current scenario of the building information modeling market through secondary research. Several primary interviews have been conducted with key opinion leaders from both demand and supply sides across 4 major regions: North America, Europe, Asia Pacific, and RoW. Approximately 25% of the primary interviews have been conducted with the demand side, while 75% have been conducted with the supply side. Primary data has been collected mainly through telephonic interviews, which consist of 80% of the total primary interviews. questionnaires and e-mails have also been used to collect data.

After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primary. This along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report. 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

The bottom-up procedure has been employed to arrive at the overall size of the building information modeling market.

  • Identifying approximate revenues of companies involved in the building information modeling ecosystem
  • Identifying different offerings of players in the building information modeling market
  • Analyzing the global penetration of each building information modeling offering through secondary and primary research
  • Conducting multiple discussion sessions with key opinion leaders to understand the building information modeling solutions and their applications; analyzing the breakup of the work carried out by each key company
  • Verifying and crosschecking estimates at every level with key opinion leaders, including chief executive officers (CEO), directors, and operation managers, and then, finally, with the domain experts of MarketsandMarkets
  • Studying various paid and unpaid sources of information, such as press releases, white papers, and databases of the company- and region-specific developments undertaken in the building information modeling market

Building Information Modeling Market
 Size, and Bottom-Up Approach

The top-down approach has been used to estimate and validate the total size of the building information modeling market.

  • Focusing initially on the top-line investments and expenditures made in the building information modeling ecosystem, further splitting into offering and listing key developments in key market areas
  • Identifying all major players offering a variety of building information modeling solutions, which have been verified through secondary research and a brief discussion with industry experts
  • Analyzing revenues, product mix, and geographic presence for which all identified players offer building information modeling products to estimate and arrive at the percentage splits for all key segments
  • Discussing these splits with industry experts to validate the information and identify key growth domains across all major segments
  • Breaking down the total market based on verified splits and key growth domains across all segments

Building Information Modeling Market
 Size, and Top-Down Approach

Data Triangulation

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

Market Definition

BIM is a digital representation of the physical and functional characteristics of a building or infrastructure project. BIM integrates various aspects of the design, construction, and operation phases, facilitating collaboration among architects, engineers, contractors, and other stakeholders. It enables the creation, management, and sharing of accurate and reliable project data throughout its lifecycle. It involves creating and managing a 3D model that contains detailed information about the project’s geometry, spatial relationships, materials, quantities, and other relevant data. BIM software goes beyond traditional 2D drafting by incorporating intelligent 3D models that contain detailed information about the project’s components and their interactions. BIM improves collaboration, enhances visualization and analysis, optimizes project planning, supports sustainability, and facilitates efficient facility management. Its adoption has revolutionized the construction industry, driving better project outcomes and increased productivity.

Key Stakeholders

  • Raw material suppliers
  • Original equipment manufacturers (OEMs)
  • Original design manufacturers (ODM)
  • Research institutes
  • Building information modeling solution provider
  • Forums, alliances, and associations
  • Governments and financial institutions
  • Analysts and strategic business planners

Report Objectives

  • To describe and forecast the size of the building information modeling (BIM) market, in terms of offering type, deployment type, project lifecycle, application, and end user, in terms of value
  • To describe and forecast the market size of various segments across four key regions—North America, Europe, Asia Pacific, and Rest of the World (RoW), in terms of value
  • To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the building information modeling market
  • To provide an overview of the value chain pertaining to the building information modeling ecosystem and the average selling prices of building information modeling solutions
  • To strategically analyze the ecosystem, tariff and regulatory landscape, patent landscape, Porter’s five forces, import and export scenarios, trade landscape, and case studies about the market under study
  • To strategically analyze micromarkets1 regarding individual growth trends, prospects, and contributions to the overall market
  • To analyze opportunities in the market for stakeholders by identifying high-growth segments
  • To provide a competitive landscape for market leaders
  • To analyze strategies adopted by players in the building information modeling market, such as product launches and developments, acquisitions, partnerships, agreements, expansions, and mergers
  • To profile key players in the building information modeling market and comprehensively analyze their market ranking based on their revenue, market share, and core competencies2

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

  • Detailed analysis and profiling of additional market players based on various blocks of the supply chain
Custom Market Research Services

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Report Code
SE 2815
Published ON
Jul, 2024
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