New York, May 08, 2018: Building information modeling (BIM) is a 3D visual presentation of a technical drawing that includes the plan, elevation, and section of a building. It gives architects, engineers, and contractors a brief visualization or an overview of the building, and makes it easier to implement and convey the information more precisely. The BIM tool is considered to be one of the game-changing elements in the AEC industry.

    The high growth potential for building information modeling in emerging markets such as Asia-Pacific and complex structures of the healthcare organizations such as hospitals and medical centers provide new growth opportunities to players in this market. The building information modeling market has been segmented based on solution type, end-user, end-use industry, and geography. Based on solution type, the BIM market has been categorized into software and consultancy services.

    According to the Market Research Engine research report, in 2014, the global BIM market was valued at US$2.3 bn and is anticipated to reach a value of US$12 bn by the end of 2022, exhibiting a significant more than 18% CAGR between 2015 and 2022.

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    The global BIM market is segmented as follows:

    BIM Market Analysis, by Solution type

    • Software
    • Consultancy Service

    BIM Software Market Analysis, by Type

    • On-premise Software
    • Cloud-based Software

    BIM Market Analysis, by End-users

    • Architects
    • Contractors
    • Engineers
    • Developers

    The global BIM market, in the current situation, showsthe presence of key players including Autodesk Inc., Bentley Systems Inc.,AECOM, GRAITEC, Dassault Systemes SA, Nemetschek AG, Tekla Corporation, SynchroSoftware Ltd., Pentagon Solutions Ltd., and Beck Technology Ltd.

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    Table of Contents

    1 INTRODUCTION

    2 Research Methodology

    3 Executive Summary

    4 Premium Insights

    4.1 Attractive Market Opportunities in Building Information Modeling (BIM)
    4.2 BIM Market –By End User
    4.3 BIM Market in the Asia-Pacific Region
    4.4 The U.S. Commands the Highest Share in the Building Information Modeling Market
    4.5 Global BIM Software and Services Market With Respect to Different Sectors in 2020
    4.6 BIM Market, By Region
    4.7 Global Building Information Modeling Market By Geography and Vertical,2020

    5 Market Overview

    5.1 Introduction
    5.2 Evolution
    5.3 Market Segmentation
    5.3.1 Market, By End User
    5.3.2 Market, By Type
    5.3.3 Market, Byvertical
    5.4 Market Dynamics
    5.4.1 Drivers
    5.4.1.1 Optimized Project Performance and Increased Productivity
    5.4.1.2 Enhanced Communication and Coordination Throughout the Asset Lifecycle Management Process
    5.4.1.3 Government Mandates for the Usage of BIM in Various Developed Countries
    5.4.1 Restraints
    5.4.1.1 The High Cost of the Software Required for BIM
    5.4.1.2 Long Training Periods Decrease the Productivity of the Company
    5.4.2 Opportunities
    5.4.2.1 The Growing Demand for  Green Buildings
    5.4.2.2 Need for Integrated Process for Designing, Collaboration Coordination in the Aec Industry
    5.4.3 Challenge
    5.4.3.1 The Lack of Information and Awareness About BIM
    5.5 Burning Issue
    5.5.1 Reluctance of Firms to Adopt BIM From Traditional Processes

    6 Industry Trends

    7 Building Information Modeling Market Analysis, By Type

    8 Building Information Modeling Market, By  End User

    9 Building Information Modeling Market, By  Vertical

    10 Building Information Modeling Market, By Geography

    11 Competitive Landscape

    12 Company Profiles

    12.1 Introduction

    (Business Overview, Products & Services, Key Insights, Recent Developments, MnM View)*

    12.2 Autodesk, Inc.

    12.3 Nemetschek SE

    12.4 Trimble Navigation Limited

    12.5 Asite Ltd.

    12.6 Bentley Systems, Inc.

    12.7 Aveva

    12.8 RIB Software AG

    12.9 Dassault Systèmes

    12.10 Archidata Inc.

    12.11 Intergraph Corporation

    12.12 Key Innovators

    12.12.1 Beck Technology, Ltd.

    12.12.2 Computers and Structures, Inc.

    12.12.3 Robert Mcneel & Associates

    12.12.4 Cadsoft

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    Source: http://www.financeswire.com/building-information-modeling-bim-market-growth-industry-trends-report-2022