Artificial Intelligence in BIM and Increasing Demand for BIM Based Cloud Collaboration Presents Opportunities

DUBLIN, July 7, 2022 /PRNewswire/ — The “Building Information Modeling Market Report: Trends, Forecast and Competitive Analysis” report has been added to ResearchAndMarkets.com’s offering.

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The market 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 for planning, designing, and managing building projects efficiently.
Emerging trends, which has a direct impact on the dynamics of the industry, includes development of Artificial Intelligence in BIM, increasing demand for BIM based cloud collaboration, and emergence of modular construction and prefabrication. 

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 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.

The study includes trends and forecast for the global building information modeling market by offering, product life cycle, end use industry, and region as follows:

By Offering [$M shipment analysis for 2014 – 2025]:

By Product Life Cycle [$M shipment analysis for 2014 – 2025]:

  • Preconstruction

  • Construction

  • Operations

By End Use Industry [$M shipment analysis for 2014 – 2025]:

By Region [$M shipment analysis for 2014 – 2025]:

  • North America

  • United States

  • Canada

  • Mexico

  • Europe

  • Germany

  • United Kingdom

  • Italy

  • Asia Pacific

  • China

  • Japan

  • India

  • The Rest of the World

Key Topics Covered:

1. Executive Summary

2. Building Information Modeling Market Background and Classification
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2014 to 2025
3.1 Macroeconomic Trends and Forecast
3.2 Global Building Information Modeling Market Trends and Forecast
3.3 Global Building Information Modeling Market by End Use Industry
3.3.1: Buildings
3.3.2: Civil Infrastructure
3.3.3: Oil & Gas
3.3.4: Industrial
3.3.5: Utilities
3.3.6: Others
3.4 Global Building Information Modeling Market by Offering
3.4.1: Software
3.4.1.1 Architectural Design
3.4.1.2 Construction
3.4.1.3 Sustainability
3.4.1.4 Structures
3.4.1.5 Mechanical, Electrical, and Plumbing
3.4.1.6 Facility Management
3.4.2: Services
3.4.2.1: Project Management Support
3.4.2.2: Software Support and Maintenance
3.5: Global Building Information Modeling Market by Project Life Cycle
3.5.1: Pre-Construction
3.5.2: Construction
3.5.3: Operation

4. Market Trends and Forecast Analysis by Region

5. Competitive Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Geographical Reach
5.4: Porter’s Five Forces Analysis

5. Competitive Analysis

6. Growth Opportunity and Strategic Analysis
6.1 Growth Opportunities Analysis
6.2: Emerging Trends in Global Building Information Modeling Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Building Information Modeling Market
6.3.3: Mergers, Acquisitions and Joint Ventures in the Global Building Information Modeling Market

 Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/1y0u6q

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