Building Information Modelling Market Synopsis:
Building Information Modelling Market Size Was Valued at USD 9.3 Billion in 2023, and is Projected to Reach USD 29.6 Billion by 2032, Growing at a CAGR of 14.3% From 2024-2032.
BIM or Building Information Modeling is defined as the development of a digital model designed to facilitate the management of every aspect of a building. It uses application software to develop and manipulate virtual representations of the planned building structures and combining the input from the stakeholders, such as the architect, engineer, and construction project manager, across the life cycle of a construction project.
The market of Building Information Modelling (BIM) is growing rapidly as the need for the effective construction& infrastructure increases across the world. BIM is beneficial to the construction industry in that it helps to eliminate many wasteful practices, increase organizational efficiency and improve communication between design professionals and contractors. The growth of hi-tech innovations, including artificial intelligence, big data and machine learning, as well as cloud applications, is instrumental to BIM formulation resulting in improved design precision and operations.
BIM market will be the future in the AEC industries. It has emerged as an important source of developing better informed, more efficient and effective built environment assets and structures, and encouraging the use of digital twins, which are live replicas of buildings’ systems. The escalating adoption of smart cities and perhaps the inclusion of IoT devices are also putting pressure on the need for BIM solutions. It is gaining further market growth with the increased interaction on the research and development of new and better BIM software capabilities in the area of data representation and improved real-time data updates and functionality in more ways as well as in a collaborative manner.
Building Information Modelling Market Trend Analysis:
Cloud-Based BIM Solutions on the Rise
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The stagnation in the adoption rate of BIM is accompanied by a rapidly growing popularity of cloud solutions as part of the BIM market. The use of cloud computing brings several benefits to the use of BIM applications and they are improved collaboration, real-time information on the project and accessibility of the project data remotely. Since BIM models are uploaded on the cloud, project information is accessible to everyone in the cloud and therefore making work become easier and faster to complete.
- In BIM’s cloud-based approach, one can easily incorporate data flows from other sources to support collaboration between the teams and the general interaction and data exchange. The growth of Cloud technology is thus bringing the advantages of BIM tools to all sizes of organizations, including those small practices that could not afford to invest in the expensive physical systems associated with an on-premises implementation environment.
Integration with Internet of Things (IoT)
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A good prospect for BIM market is its connection with IoT – the Internet of Things. The use of BIM is being extended by advances in smart buildings and networked systems. The integration of IoT sensors into the BIM framework makes it possible for the stakeholders to monitor real-time building performance data that include; energy usage, temperatures, structural and others. This data can then be leveraged to enhance building operations diminishing on overall costs and enhancing efficiency. The marriage of IoT with BIM also creates the possibilities for predictive maintenance which IoT keeps checking the health of the equipment’s and notify the maintenance department before it breaks down.
- Furthermore, IoT integrated BIM can assist in the control of extensive projects particularly within our concentrated urban structures for several systems and services have to be integrated. IoT integrated smart city projects in particular stand to gain significantly from the integration capabilities that BIM provides. It is also beneficial in its relation to declining resource use and waste to enhance business functioning in support of more sustainable systems. With the development of the IoT technologies the integration with the BIM systems is estimated to open up a enormous potential in the construction industry to further expand and come up with new opportunities in the market.
Building Information Modelling Market Segment Analysis:
Building Information Modelling Market is Segmented on the basis of Building Type, Application, End User, and Region
By Building Type, Commercial segment is expected to dominate the market during the forecast period
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The constructions and infrastructure development for commercial purposes, this segment is predicted to dominate the BIM market in the foreseeable future. When it comes to commercial construction, different building types such as office, retail and A & D, hospitality and commercial construction necessarily involve numerous stakeholders and design elements and BIM plays a key role in the implementation of the projects.
- The complexity of the tasks and pressure for efficiency in terms of both cost and time, BIM technologies are incorporated into these projects. By utilizing BIM, designs and construction, and project management can easily integrate through better planning, few mistakes and early project completion. Furthermore, concerned projects are normally more voluminous in size, and the extent of data management facilitated by BIM solutions is highly valuable in this respect.
By Application, Planning and Modelling segment expected to held the largest share
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The planning and modelling segment is anticipated to account for the largest market share of BIM market throughout the forecast timeframe. Design and construction of projects require planning and modeling, and since BIM enables the modeling of planning and modeling processes into one, then this makes construction best practice.
- The segment encompasses applications that will enable architects and builders to model and explain the building designs as well as to estimate the resources needed for the construction phase. As a result, with increasing requirements for high levels of accuracy and coordination in starting project phases, BIM solutions are gaining popularity in the given area. When planning and modelling, BIM helps stakeholders to see problems before construction and avoid additional time and expenses.
Building Information Modelling Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
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The Building Information Modelling (BIM) market is projected to witness significant growth in North America, driven by strong government mandates, technological advancements, and the region’s early adoption of digital construction solutions. The United States and Canada are leading markets, fueled by substantial investments in infrastructure development, smart city initiatives, and sustainability-focused projects. Key industry players continue to innovate, offering integrated BIM solutions that enhance project efficiency, reduce operational costs, and improve asset management throughout the building lifecycle
- North America’s dominance is further reinforced by the presence of established construction firms, a mature real estate sector, and a growing emphasis on green building practices. Supportive regulatory frameworks mandating the use of BIM in public sector projects are accelerating adoption rates. Additionally, rising demand for advanced design visualization, risk management, and streamlined collaboration across stakeholders positions North America as a critical growth engine for the global BIM market during the forecast period.
Active Key Players in the Building Information Modelling Market
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Accenture (Ireland)
- Autodesk, Inc. (United States)
- Bentley Systems (United States)
- Dassault Systèmes (France)
- Hexagon AB (Sweden)
- IBM Corporation (United States)
- IMAGINiT Technologies (Canada)
- Innovate Construction (United States)
- Nemetschek AG (Germany)
- Oracle Corporation (United States)
- PTC Inc. (United States)
- RIB Software AG (Germany)
- Trimble Inc. (United States)
- Vectorworks, Inc. (United States)
- Viewpoint (United States)
- Other Active Players
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Global Building Information Modelling Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 9.3 Billion |
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Forecast Period 2024-32 CAGR: |
14.3% |
Market Size in 2032: |
USD 29.6 Billion |
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Segments Covered: |
By Building Type |
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By Application |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Building Information Modelling Market by Building Type
4.1 Building Information Modelling Market Snapshot and Growth Engine
4.2 Building Information Modelling Market Overview
4.3 Commercial
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Commercial: Geographic Segmentation Analysis
4.4 Residential
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Residential: Geographic Segmentation Analysis
Chapter 5: Building Information Modelling Market by Application
5.1 Building Information Modelling Market Snapshot and Growth Engine
5.2 Building Information Modelling Market Overview
5.3 Planning and Modelling
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Planning and Modelling: Geographic Segmentation Analysis
5.4 Construction and Design
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Construction and Design: Geographic Segmentation Analysis
5.5 Asset Management
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Asset Management: Geographic Segmentation Analysis
5.6 Building System Analysis and Maintenance Scheduling
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Building System Analysis and Maintenance Scheduling: Geographic Segmentation Analysis
Chapter 6: Building Information Modelling Market by End User
6.1 Building Information Modelling Market Snapshot and Growth Engine
6.2 Building Information Modelling Market Overview
6.3 Architects/Engineers
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Architects/Engineers: Geographic Segmentation Analysis
6.4 Contractors
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Contractors: Geographic Segmentation Analysis
6.5 Others
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Others: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Building Information Modelling Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 ACCENTURE (IRELAND)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 AUTODESK INC. (UNITED STATES)
7.4 BENTLEY SYSTEMS (UNITED STATES)
7.5 DASSAULT SYSTÈMES (FRANCE)
7.6 HEXAGON AB (SWEDEN)
7.7 IBM CORPORATION (UNITED STATES)
7.8 IMAGINIT TECHNOLOGIES (CANADA)
7.9 INNOVATE CONSTRUCTION (UNITED STATES)
7.10 NEMETSCHEK AG (GERMANY)
7.11 ORACLE CORPORATION (UNITED STATES)
7.12 PTC INC. (UNITED STATES)
7.13 RIB SOFTWARE AG (GERMANY)
7.14 TRIMBLE INC. (UNITED STATES)
7.15 VECTORWORKS INC. (UNITED STATES)
7.16 VIEWPOINT (UNITED STATES)
7.17 OTHER ACTIVE PLAYERS
Chapter 8: Global Building Information Modelling Market By Region
8.1 Overview
8.2. North America Building Information Modelling Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Building Type
8.2.4.1 Commercial
8.2.4.2 Residential
8.2.5 Historic and Forecasted Market Size By Application
8.2.5.1 Planning and Modelling
8.2.5.2 Construction and Design
8.2.5.3 Asset Management
8.2.5.4 Building System Analysis and Maintenance Scheduling
8.2.6 Historic and Forecasted Market Size By End User
8.2.6.1 Architects/Engineers
8.2.6.2 Contractors
8.2.6.3 Others
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Building Information Modelling Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Building Type
8.3.4.1 Commercial
8.3.4.2 Residential
8.3.5 Historic and Forecasted Market Size By Application
8.3.5.1 Planning and Modelling
8.3.5.2 Construction and Design
8.3.5.3 Asset Management
8.3.5.4 Building System Analysis and Maintenance Scheduling
8.3.6 Historic and Forecasted Market Size By End User
8.3.6.1 Architects/Engineers
8.3.6.2 Contractors
8.3.6.3 Others
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Russia
8.3.7.2 Bulgaria
8.3.7.3 The Czech Republic
8.3.7.4 Hungary
8.3.7.5 Poland
8.3.7.6 Romania
8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Building Information Modelling Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Building Type
8.4.4.1 Commercial
8.4.4.2 Residential
8.4.5 Historic and Forecasted Market Size By Application
8.4.5.1 Planning and Modelling
8.4.5.2 Construction and Design
8.4.5.3 Asset Management
8.4.5.4 Building System Analysis and Maintenance Scheduling
8.4.6 Historic and Forecasted Market Size By End User
8.4.6.1 Architects/Engineers
8.4.6.2 Contractors
8.4.6.3 Others
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 The Netherlands
8.4.7.5 Italy
8.4.7.6 Spain
8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Building Information Modelling Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Building Type
8.5.4.1 Commercial
8.5.4.2 Residential
8.5.5 Historic and Forecasted Market Size By Application
8.5.5.1 Planning and Modelling
8.5.5.2 Construction and Design
8.5.5.3 Asset Management
8.5.5.4 Building System Analysis and Maintenance Scheduling
8.5.6 Historic and Forecasted Market Size By End User
8.5.6.1 Architects/Engineers
8.5.6.2 Contractors
8.5.6.3 Others
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Building Information Modelling Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Building Type
8.6.4.1 Commercial
8.6.4.2 Residential
8.6.5 Historic and Forecasted Market Size By Application
8.6.5.1 Planning and Modelling
8.6.5.2 Construction and Design
8.6.5.3 Asset Management
8.6.5.4 Building System Analysis and Maintenance Scheduling
8.6.6 Historic and Forecasted Market Size By End User
8.6.6.1 Architects/Engineers
8.6.6.2 Contractors
8.6.6.3 Others
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkiye
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Building Information Modelling Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Building Type
8.7.4.1 Commercial
8.7.4.2 Residential
8.7.5 Historic and Forecasted Market Size By Application
8.7.5.1 Planning and Modelling
8.7.5.2 Construction and Design
8.7.5.3 Asset Management
8.7.5.4 Building System Analysis and Maintenance Scheduling
8.7.6 Historic and Forecasted Market Size By End User
8.7.6.1 Architects/Engineers
8.7.6.2 Contractors
8.7.6.3 Others
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
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Global Building Information Modelling Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 9.3 Billion |
|
Forecast Period 2024-32 CAGR: |
14.3% |
Market Size in 2032: |
USD 29.6 Billion |
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Segments Covered: |
By Building Type |
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By Application |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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