BIM Software Market Overview:
The BIM Software industry is projected to grow
from USD 8.41 billion in 2022 to USD 25.61 billion by 2030, exhibiting a
compound annual growth rate (CAGR) of 14.9% during the forecast period (2022 -
2030). The building information modelling market is developing due to the
rising acceptance of remote working due to COVID-19, rapid worldwide
urbanisation, wide-ranging advantages of BIM realised by the AEC industry, and
increased government programs for BIM adoption. The expanding trend of IoT in
the construction industry, the strong trend of BIM, and organisations' rising
emphasis on establishing new standards like ISO 19650 in the BIM market provide
market participants with potential for expansion.
BIM software can offer builders valuable
information about construction projects. These insights are useful for a
variety of jobs.
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Key Players:
Key Companies in the BIM
Software includes,
- Trimble Inc
- Autodesk Inc.
- PKPM (Beijing Jianli Technology Co., Ltd)
- Integrated Environmental Solutions Limited
(IES Ltd.)
- Glodon Company Limited
- Shanghai Luban Software Co., Ltd
The main duties are construction, planning, and
processing. BIM software facilitates effective collaboration, decision-making,
performance, plus project cost estimation. There are numerous advantages to
using this software in the construction business.
Regional Classification:
Asia Pacific, Europe, and North America make up the
BIM software market. North America is a high-potential area with the highest
proportion of the market. In addition, the market for building investments is
rising. In this area, new product releases and advancements are anticipated.
Another area with strong market growth is the Asia Pacific.
Construction in the area is high as a result of the
increased urbanisation. The industry's infrastructural upgrades are also a
driving force. BIM software is becoming more popular as a result of government
backing. All of these aspects will fuel the Asia Pacific market's rapid rise.
Europe is the 3rd largest continent in the world. Growth would be aided by the
existence of top BIM Software Market Players. These players have made enormous
contributions to the worldwide market.
Segmental Analysis:
The global BIM software market has been segmented
based on software model, applications and end-user, and region.
Based on software model, the BIM software market
has been segmented into 3D, 4D, 5D, and others. The 3D segment accounted for
the largest market share in 2032.
Based on application, the BIM software market has
been segmented into building, public infrastructure, industrial, and others.
The buildings segment accounted for the largest market share in 2032.
Based on end-user, the BIM software market has been
segmented into architects, contractor, engineers, and others. The architects
segment accounted for the largest market share in 2032.
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Industry News:
With the rapid growth of the world's population,
there's been an increase in demand for housing, with different governments
worldwide providing incentives to encourage the development of the sector.
Companies worldwide are using BIM to improve their efficiency in the
residential structural system, making this a promising growth field for the BIM
industry.
BIM software is widely used in the building
industry. The BIM software market is becoming increasingly competitive. New
players can join the game. Market expansions, acquisitions, collaborations, and
partnerships will result as a result of this. In addition, in the following
years, new technologies, as well as developments, are predicted.
In recent years, the advent of computer software
has caused a paradigm change in the architecture planning and modelling sector.
Digital design resources, computer-controlled manufacturing,
computer-controlled connection, and interconnectedness have ushered in a new
era of design and construction.
Building information modelling (BIM) has grown in
popularity due to its several advantages over previous tools like paper-based
design and modelling and computer-aided design (CAD) systems. BIM enables users
to generate an exact, precise, geometric virtual model that includes all the
building's structures and components.
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