Title: Building Information Modeling Market - Forecast (2021-2026)
1Building Information Modeling Market Forecast
(2021-2026)
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- Building Information Modeling Market Size is
forecast to reach 10.3 billion by 2026, at a
CAGR of 11.6 during forecast period 2021-2026.
Building Information Modeling (BIM) is a process
of generating and managing building data during
its complete lifecycle, from conceptual design
through operation of the building. - It is an integrated workflow that enables
architects, engineers, and builders to explore a
project digitally before building is built. BIM
helps AEC sector in better planning and designing
of the buildings, savings on materials, less
rework and support for prefabrication.
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- Key Takeaways
- The leading companies are continuously taking
active measures in the development of advanced
solutions along with new cloud technologies
benefitting the new players to enter into the
market with the similar software design
specifications. - Numerous players, low switching cost and low
product differentiation decreases the bargaining
power of suppliers. However, emergence of cloud
services have been witnessing growth with
innovative products and being commercialized at a
faster pace leading to significant product
differentiation among top market players.
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By Distribution Channel- Segment Analysis The
revenue of infrastructure segment is 2,282.63m
in 2020 and is expected to reach 5,340.67m by
2026 with a CAGR of 15.06 during forecast period
2021-2026. Infrastructure segment is estimated to
hold 47.9 of the total market share in Global
BIM market by the end of 2026. This is owing to
the government mandates for the adoption of BIM
in the countries including U.K., Germany and some
other developed and developing economies. Under
infrastructure, commercial will be the major
segment. However, infrastructure is evident as
the fastest growing segment with a CAGR of 15.06
during forecast period 2021-2026.
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- Building Information Modeling Market Industry
Outlook - Autodesk, Inc
- Nemetschek AG
- Dassault Systems AG
- Bentley Systems, Inc
- Trimble, Inc.
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Building Information Modeling Market - Forecast
(2021-2026) Learn More About the Report _at_
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We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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