Building Information Modelling Market with a CAGR of 5.2% by 2028. Specification, Growth Drivers, Industry Analysis Forecast – 2021 to 2028

Building Information Modelling Market


Building Information Modelling (BIM) is an intelligent, model-based technique for designing and managing building projects in a timely, cost-effective, and environmentally friendly manner. All of the information gathered during the design, construction, management, and maintenance stages are merged into digital models that are accessible to all construction partners. BIM aids in the creation of a virtual project in the early stages of development, which is referred to as virtual construction.

A fundamental reason pushing the use of building information modeling in the design, engineering, and construction industries is the growing demand for increased efficiency and competitiveness.

Building Information Modelling Market technology improves productivity by reducing costs and time. Furthermore, sophisticated features like reducing project management time, reducing rework, and improving quality have raised BIM demand in the construction industry.

Resistance to change is the most significant impediment to the market's expansion.

Other significant challenges that will continue to stymie the industry's growth prospects include the complexity of the operation and a shortage of educated personnel to handle the software with the requisite competency, as well as the danger of mistreatment that could result in time and money loss. Furthermore, a lack of BIM standards and a lack of customer awareness are limiting industry expansion.

Taxonomy of the Global Building Information Modeling (BIM) Market

The global building information modeling market is divided into three categories based on the services provided:

Software

Service

Key Companies in global building information modeling Market

Major players operating in the global building information modeling market include Autodesk Inc., Nemetschek SE, Trimble Navigation Ltd., Bentley System, Inc., Asite Ltd, AVEA, RIB Software AG, Dassault Systems, Archidata, Inc., Intergraph Corporation, Beck Technology Ltd., Computer & Structure, Inc., Robert Michael & Associates, and Cadsoft

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