Delaware, March 09, 2017 (GLOBE NEWSWIRE) -- The report “World Building Information Modeling (BIM) Market - Opportunities and Forecasts 2022”, available on MarketIntelReports, estimates that the market will drastically increase the construction of eco-friendly buildings.
Browse 31 Market Tables as well as 37 Figures which are spread through 105 Pages and an in-depth TOC on the “Building Information Modeling 2022” http://www.marketintelreports.com/report/allied0088/world-building-information-modeling-bim-market--opportunities-and-forecasts-2015--2022
Scope & Regional Forecast of the Building Information Modeling Market
Building information modeling can be described as a process which deals with creation of a digital representation of a building and its various characteristics. A BIM system comes in the form of various files which can be extracted and shared to enable smarter decision-making when it comes to a particular building. At this moment, BIM services help various players in designing, constructing and operating physical infrastructure. BIM construction is quite popular among architects and engineers as digital representations make understanding and sharing information easier. BIM technology has also been found to offer various benefits like superior return on investment, and saving time as well as money. Thus the integration of BIM design processes in the construction industry ensures that the Building Information Modeling Market will post healthy growth during the forecast period of 2015-2022.
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The Building Information Modeling Market revenue is predicted to breach the $11.7 billion mark, accompanied by a CAGR of 21.6%, by 2022. The primary growth drivers for this kind of significant market expansion are as follows: rapid growth in the number of construction projects being pursued on a global basis; rapidly spreading awareness of a BIM project as well as the various benefits that come along with it; and the growing adoption of automated models provided by building information management among the architecture as well as engineering segments. Even government initiatives regarding the implementation of building information processes are gradually being passed.
The Building Information Modeling Market has ensured that early adopters of BIM technology get to enjoy the fruits of superior data sharing and coordination. The growing popularity and adoption of cloud based solutions are only making BIM services easier to exploit from remote locations. Unlike traditional CAD software, BIM design processes encourage the creation of eco-friendly buildings by providing energy consumption simulations to construction personnel.
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Segmentations & Key Players Involved in the Building Information Modeling Market
The Building Information Modeling Market can be broken down into various segmentations on the basis of -
Geographical Location: North America, Europe, Asia-Pacific and LAMEA (Latin America, Middle East & Africa).
- Industry Vertical: Commercial, Residential, Infrastructure, Institutional and Industrial.
- End User: Architect/ Engineer, Contractor and Others.
- Development Type: On premise and Cloud-based.
- Solution: Software and Services.
Some of the key players involved in the Building Information Modeling Market are as follows:
- 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
Why buy this report?
- Get a detailed picture of the Building Information Modeling Market.
- Pinpoint growth sectors and identify factors driving change.
- Understand the competitive environment, the market’s major players and leading brands.
- A five-year forecast method is used in order to assess how the market is predicted to develop.
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