The Global Building Information Modeling (BIM) Market would garner a revenue of $11.7 billion by 2022, registering a CAGR of 21.6% during 2016 -2022. Check complete report @ http://www.marketintelreports.com/report/allied0088/world-building-information-modeling-bim-market--opportunities-and-forecasts-2015--2022

1. World Building Information Modeling (BIM)
Market
Published on – 01 April, 2016 | Number of pages : 105
Single User Price: $ 4740
Click Here To Check Complete Report
“World Building Information Modeling (BIM) Market Market
by Manufacturers, Regions, Type and Application, Forecast to
2021”

2. Avail more information from Sample Brochure of
The Global Building Information Modeling (BIM) Market would garner a revenue of
$11.7 billion by 2022, registering a CAGR of 21.6% during 2016 -2022. The Asia-Pacific
region is expected to witness an upsurge in demand owing to the exponentially
growing construction industry and supportive government regulations for mandating
the use of BIM. Furthermore, BIM is forecast to gain increasing adoption across
various sectors such as commercial and infrastructure construction.
The commercial and infrastructure construction industry have been witnessing
increasing demand for automation of technical drawings and database in the recent
years. Further, the supportive government regulations pertaining to mandating the
use of BIM in commercial projects, booming real estate industry and growing
awareness of the benefits of BIM, among architects and contractors, would drive its
adoption, globally. In the current scenario, BIM has emerged as an ideal alternative
to traditional CAD software, owing to its suitability over a variety of operational
issues such as cost management, handling raw data & information and alignment of
processes associated with construction projects. Thus, BIM is expected to exhibit an
upward growth trend across widespread verticals.

3. The commercial and infrastructure construction industries would continue to be
the leading consumers of BIM in the future, constituting nearly 63% of the global
market by 2022. Moreover, the infrastructure industry is expected to grow at the
fastest rate during the forecast period.
Cloud-based deployment type dominates the market currently and is expected to
grow at the fastest CAGR during the forecast period, owing to its cost
effectiveness and easy accessibility. Software segment constituted the majority of
market share in 2015 and would continue its dominance over services market
during the forecast period.

4. Key findings of the Building Information Modeling (BIM) Market:
• BIM market is expected to grow at a remarkable rate owing to supportive government
regulations mandating the adoption of BIM software for construction projects
• Software segment would continue to dominate the overall market with nearly three-fourth
market share by 2022.
• Contractors segment is expected to grow at the fastest CAGR for constructability analysis,
logistics purposes and job site planning, among others.
• Cloud based deployment mode is expected to dominate the market throughout the forecast
period owing to its cost-effectiveness and easy availability
• BIM software would find widespread applications in commercial and infrastructure construction
projects owing to supportive government regulations
The prominent players, offering BIM solutions across the globe include Autodesk, Inc.,
Nemetschek AG and Bentley Systems, Inc., among others. Market participants focus on the
technological advancements in both fields, viz., software and services, that work in combination
with each other. These players offer customized solutions to improve their market presence and
customer base. For instance, in the year 2015, a leading player in BIM, Autodesk, Inc., announced
the launch of Autodesk BIM 360 Docs, which would enable its users to categorize all files available
in various formats for effective data management.

5. Building Information Modeling (BIM), is a digital representation of a construction project, which can be
used by architects, engineers and other construction professionals. It helps in planning, designing,
constructing, operating and maintaining the diverse physical infrastructure coupled with speedy data
exchange among the involved entities. Nowadays, this software tool is becoming exceptionally popular
among end users owing to its lucrative advantages such as increased return on investments (ROIs), time
and money saving. Rapidly increasing number of construction projects globally, rising awareness of BIM
and associated benefits, and the growing demand for automated models in architecture, engineering
and construction (AEC) industry, have been facilitating its adoption in construction industry, especially
for commercial and infrastructure projects. Moreover, government mandates regarding usage of BIM in
building constructions would further boost its adoption worldwide.
Enhanced data communication and coordination among various stakeholders coupled with improved
construction productivity provides a leading edge to the BIM users. However, high cost of software and
limited number of trained professionals are hindering the market growth to an extent. Technological
advancements to manage data at a remote server and improved user inter-coordination enabled
effectively by cloud based solutions have created ample opportunities for the market growth. Recently
launched mobile applications by market leaders such as Autodesk, Inc. and Bentley Systems, Inc., to
provide better access to their services have been widely accepted among customers, owing to their
superior advantages over traditional CAD software. BIM encourages development of green buildings
through energy simulation and prefabrication techniques with effective data exchange during the
development of a project, thereby propelling the market growth.

6. World Building Information Modeling market is segmented based on solution, software deployment
type, end user, vertical and geography. BIM has been increasingly adopted across different verticals
encompassing commercial, residential, institutional, industrial and infrastructure. The adoption rate
among commercial and infrastructure is growing rapidly owing to mandates in accordance to
government regulations. BIM software models are either delivered through cloud or on premise modes
to the customers. Cloud-based solutions are gaining increased popularity among customers owing to
cost effectiveness and easy access over on premise models. Geographically, BIM market is segmented
into North America, Europe, Asia-Pacific and Latin America, Middle East and Africa (LAMEA). Asia-Pacific
would be the fastest growing region owing to the high adoption of BIM in countries such as China, India
and Japan. The key players profiled in the report include Beck Technology, Ltd., Autodesk, Inc., Dassault
Systemes SA, Trimble Navigation Ltd., Synchro Software Ltd., Pentagon Solutions Ltd., Bentley Systems,
Inc., AECOM, Nemetschek AG. and Asite Solutions Limited.KEY BENEFITS:
• The Building Information Modeling marketstudy provides an in-depth analysis of the BIM market with
current and future trends to elucidate the imminent investment pockets in the market.
• The Building Information Modeling market report provides information regarding key drivers,
restraints and opportunities with their impact analysis.
• Porter’s five forces and SWOT analyses of key market players in the industry have been provided to
highlight the growth strategies adopted by them.
• The value chain analysis of the industry signifies the key intermediaries involved and elaborates their
roles and value additions at every stage in the value chain.
• The quantitative analysis of the market during the period of 2015-2022 has been provided to
elaborate the market potential.

7. BUILDING INFORMATION MODELING (BIM) MARKET BY SEGMENTS:
The BIM market is segmented based on solution, software deployment type, end user, vertical
and geography.
BIM Market by Solution
• Software
• Service
BIM Software Market by Deployment Type
• On premise
• Cloud-based
BIM Market by End User
• Architect/Engineer
• Contractor
• Others

8. BIM Market by Vertical
• Commercial
• Residential
• Infrastructure
• Institutional
• Industrial
BIM Market by Geography
• North America
• Europe
• Asia-Pacific
• Latin America, Middle East and Africa (LAMEA)
Key Players
• Beck Technology, Ltd.
• Autodesk, Inc.
• Dassault Systemes SA
• Trimble Navigation Ltd.
• Synchro Software Ltd.
• Pentagon Solutions Ltd.
• Bentley Systems, Inc.
• AECOM
• Nemetschek AG
• Asite Solutions Limited

9. World Building Information Modeling (BIM) Market
Market by Manufacturers, Regions, Type and Application,
Forecast to 2021
A detailed qualitative analysis of the factors responsible for driving and restraining
growth of World Building Information Modeling (BIM) Market Market by
Manufacturers, Regions, Type and Application, Forecast to 2021 and future
opportunities are provided in the report.
Contact:
1-302-261-5343
sales@marketintelreports.com
www.marketintelreports.com
Click here to order a copy of World
Building Information Modeling (BIM)
Market Report

10. World Building Information Modeling (BIM) Market
Market by Manufacturers, Regions, Type and Application,
Forecast to 2021
A detailed qualitative analysis of the factors responsible for driving and restraining
growth of World Building Information Modeling (BIM) Market Market by
Manufacturers, Regions, Type and Application, Forecast to 2021 and future
opportunities are provided in the report.
Contact:
1-302-261-5343
sales@marketintelreports.com
www.marketintelreports.com
Click here to order a copy of World
Building Information Modeling (BIM)
Market Report