Building Information Modelling Software Market by Component (Software, Services), by Project Phase (Pre-Construction, Construction, Post Construction), by Application (Commercial, Residential, Industrial, Public Infrastructure), by End-User (Architect, Engineers, Facility or Construction Managers, Builders, Contractors), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (UK, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by The Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of the Middle East & Africa), by Asia Pacific (Japan, China, India, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The Building Information Modelling Software Market size was valued at USD 5.20 USD billion in 2023 and is projected to reach USD 17.06 USD billion by 2032, exhibiting a CAGR of 18.5 % during the forecast period.BIM is a kind of virtual design and modelling software tool that is used to optimize workflow and design to construct and manage structures and large building infrastructural projects. The BIM software provides tools like view multiple boards , customizable templates, interactive collaboration, automation, real-time reporting, mobile mobility, etc. BIM comprises several models the schematic model, markup model, design model, quantity model, fabrication model, and asset model. It is applied in the architecture, construction, engineering and the real estate industries through the process of designing commercial, industrial and residential properties for the architecture industry, analyzing and planning real estate projects, and facility management. Moreover, infrastructure projects are planned and managed for the infrastructure industry which serves this purpose. BIM usage results in increased productivity and project delivery speed through the optimization of project processes, a cut on all errors, and the advancement of cooperation between stakeholders. Along with this, BIM improves rework and results in savings of costs by identifying and resolving potential problems before of a project’s start. Realising the power of BIM, company dealings are getting to the fore, and the demand for BIM solutions keeps on swelling.
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End-User:
The Building Information Modelling Software Market is expected to witness significant growth over the forecast period, driven by the increasing adoption of BIM in construction projects, government regulations, and the incorporation of advanced technologies. However, challenges related to skilled professionals, data management, and security need to be addressed for sustainable market growth.
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 18.5 % % from 2019-2033 |
Segmentation |
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Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 18.5 % % from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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