Global Building Information Modeling Market 2021-2025: Trends, Forecasts and Competitive Analysis.
M2 PRESSWIRE-April 7, 2021-: Global Building Information Modeling Market 2021-2025: Trends, Forecasts and Competitive Analysis
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RDATE:07042021
The "Building Information Modeling Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering. The future of the building information modeling market looks promising with opportunities in buildings, civil infrastructure, oil & gas, industrial, and utilities. Following a decline in 2020 due to the COVID-19 outbreak, the market will witness recovery in 2021, and it is expected to reach an estimated $9 billion by 2025 with a CAGR of 9% to 11% from 2019 to 2025. The major drivers for this market are rapid urbanization, growth in infrastructure projects, and increase adoption of BIM to plan, design, and manage building projects efficiently.Emerging trends, which has a direct impact on the dynamics of the industry, includes development of Artificial Intelligent in BIM, increasing demand for BIM based cloud collaboration, and emergence of modular construction and prefabrication. Some major BIM companies profiled in this report include Autodesk, ENGworks, Bentley, Trimble, Hexagon, Nemetschek, and others.Software for building information modelling will remain the largest segment over the forecast period due to increasing demand in architecture, engineering, and construction (AEC) as it offers various benefits, such as interoperability between applications, easy visualization, and cost-effectiveness.Buildings will remain the largest segment during the forecast period due to the increasing number of residential buildings and construction projects and increasing adoption of BIM modelling to reduce cost and delay by efficiently planning, designing, constructing and managing buildings.North America will remain the largest region in the forecast period due to wide adoption of BIM by architects, engineers, and consultants for planning, designing, and construction of residential and infrastructure projects and favorable government support for BIM modelling.
Key Topics Covered: 1. Executive Summary2. Building Information Modeling Market Background and Classification2.1: Introduction, Background, and Classifications2.2: Supply Chain2.3: Industry Drivers and Challenges3. Market Trends and Forecast Analysis from 2014 to 20253.1 Macroeconomic Trends and Forecast3.2 Global Building Information Modeling Market Trends and Forecast3.3...
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