Global Building Information Modeling Market Overview:
Building Information Modelling is a method for generating and managing information on a construction project across the project lifecycle. It allows smart use of resources, optimization of workflows and leads to productivity and profitability. It permits all concerned parties to assess the same information at the same time through the interoperability between different technological platforms. It leads to recovered outcomes through more effective communication and collaboration. Using BIM owners can improve building quality, reduce building lifecycle costs and better understand design projects, optimize operational efficiencies and increase occupancy.
Growth Drivers
- Improves Construction Productivity
Roadblocks
- Limited Number of Trained Professionals
Opportunities
- Increasing Number of Construction Projects Globally
- Growing Demand for Green Buildings
Challenges
- Lack of Information and Awareness about BIM
Competitive Landscape:
The global building information modeling (BIM) market is fairly merged with few leading providers of BIM offering application specific modules. The companies are adopting latest technology to sustain in the market.
Some of the key players profiled in the report are Autodesk (United States), Bentley Systems (United States), Dassault system SA (France), Tekla Corporation (United States), Nemetschek SE (Germany), Trimble Navigation Limited (United States), Intergraph Corporation (United States), Beijing Explorer Software (China), Glodon (China), Aconex (Australia) and Hongye Technology (China). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Building Information Modeling market by 2026. Considering Market by Deployment Mode, the sub-segment i.e. On-Premise will boost the Building Information Modeling market. Considering Market by Components, the sub-segment i.e. Software will boost the Building Information Modeling market.
Latest Market Insights:
On 27 Jun 2018 KEF Infra Strategic Merged with Katerra. The new company named KEF Katerra. KEF Katerra will be actively engaged in building critical infrastructure such as hospitals and schools.
What Can be Explored with the Building Information Modeling Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Building Information Modeling Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Building Information Modeling
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Building Information Modeling market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Building Information Modeling market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Software Developers, Government Agencies, Architects, Constructing Service Providers, Construction Companies, Research Institutes & Universities and Government Bodies (Regulating authorities and policy makers).
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.