The latest study on the Building Information Modelling (BIM) Market industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 - 2032 . The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic. The report considers 2017-2018 as historical years, 2019 as the base year, and 2020- 2032 as the forecast timeline. The report offers strategic recommendations to the key stakeholders and investors to help them ascertain maximum returns on their investments and formulate new strategic business plans.
The global Building Information Modelling (BIM) market size was USD 6.00 Billion in 2021 and register a revenue CAGR of 12.3% over the forecast period, according to the latest analysis by Emergen Research. Rising demand for Virtual Reality (VR) or Augmented Reality (AR) in building construction and compulsory adoption of BIM due to government mandates in various countries are key factors driving global building information modelling market revenue growth. VR software enables Architecture, Engineering, Construction (AEC) professionals to visualize the BIM model in a realistic setting. BIM software provides useful tools for visualizing a building\'s logistical issues and construction impact. Construction managers can predict the installment of construction machinery by observing BIM models. Architects and engineers can use 3D modeling, in identifying space difficulties, collisions, and constraints in design.
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Covid 19 impact analysis:
The report includes a historical analysis of the market from 2017 to 2018 to provide the reader with a deep understanding of the current market scenario. Moreover, it offers accurate market estimations for the forecast period (2019-2027). The latest market research report is a compilation of the latest growth trends and the emerging market segments. The report adeptly draws readers’ attention to the ever-changing patterns of the Building Information Modelling industry and its prominent facets, infrastructural properties, and highly dynamic environment. The report lists down some critically important parameters that help the market bolster its global foothold and contribute substantially to future revenue generation. Our team of experts has included specific details related to the Building Information Modelling industry, such as product offerings, sales and revenue estimates, leading regions, key market contenders, and technological upgradation in the report.
Major companies profiled in the market report include
Autodesk Inc., Bentley Systems, Incorporated, Nemetschek Group, Trimble Inc., Dassault Systèmes, RIB Software SE, Asite, AVEVA Group plc, Hexagon AB, and Bimobject AB.
Research objectives:
The report is the latest document encompassing the profound changes in the market dynamics and trends that followed the COVID-19 outbreak. The global health crisis has led to massive changes in the global economic scenario and, particularly, this business sphere. The pandemic has drastically affected the Building Information Modelling market with disruptions to supply chains and volatility in prices and demands. The remarkable impact of the pandemic on the Building Information Modelling industry and its crucial segments has been depicted in the report. However, the market is expected to regain momentum in the post-COVID scenario, as per market experts.
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Emergen Research has segmented the global building information modelling market based on deployment, component, project lifecycle, application, and region:
· Deployment Outlook (Revenue, USD Billion, 2019–2030)
- On Premises
- Cloud
· Component Outlook (Revenue, USD Billion, 2019–2030)
- Software
- Services
· Project Lifecycle Outlook (Revenue, USD Billion, 2019–2030)
- Preconstruction
- Construction
- Operation
· Application Outlook (Revenue, USD Billion, 2019–2030)
- Planning & Modelling
- Construction & Design
- Asset Management
- Building System Analysis & Maintenance Scheduling
- Others
Regional Outlook:
The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Building Information Modelling market, gauging their revenue share over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Objectives of the Global Building Information Modelling Market Report:
- The report sheds light on the fundamental Building Information Modelling market drivers, restraints, opportunities, threats, and challenges.
- It elaborates on the new, promising arenas in the leading market regions.
- It examines the latest research & development projects and technological innovations taking place in the key regional segments.
- The research report reviews the regulatory framework for creating new opportunities in various regions of the market
- It focuses on the new revenue streams for the players in the emerging markets.
- Furthermore, the report offers vital details about the rising revenue shares and the sizes of the key product segments
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About Emergen Research :
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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