Building Information Modelling Market, by Solution Type (Software and Services), by Project Type (Pre-construction, Construction, and Other), by Verticals (Commercial, Residential, infrastructure, Institutional, Industrial, and other), and by Geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

  • To Be Published : Sep 2018 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Building Information Modelling (BIM) is an intelligent and model-based process that provides insights for creating and managing construction projects at a fast pace, economically, and in a highly sustainable. All the data are collected during the design, construction, management, and maintenance phases are incorporated into digital models that can be used by all construction partners. BIM helps in building a virtual project at the initial state of construction and it is known as virtual construction.

Increasing demand for improving productivity and competitiveness in the architecture, engineering, and construction industries is a key factor driving adoption of building information modeling 

Building Information Modelling (BIM) technology helps in increasing productivity by minimizing costs and time. Moreover, due to various advanced features such as minimizing the duration of project management, reduce rework, and improve quality have increased demand for BIM in construction industry.

Also, increasing government support for the implementation of BIM in various projects have further driven market growth. For instance, the U.K. government projects that BIM would help in 20–30 percent reduction in the lifecycle cost of its public-sector assets built after 2016.

Resistance to Change is the major hindering factor in the growth of the market

Complexity in operation and lack of trained professionals to operate the software with the required proficiency, and the possibility of mishandling that may lead to loss of time and cost are among the other substantial factors that will continue to hinder the industry growth prospects. Furthermore, lack of BIM standards and low consumer awareness are also negatively impacting growth of the market.

Global Building Information Modelling (BIM) Market: Taxonomy

On the basis of offering, the global building information modeling market is segmented into:

  • Software
  • Service

On the basis of the project type, the global building information modeling market is segmented into:

  • Pre-Construction
  • Construction
  • Other

On the basis of vertical, the global building information modeling market is segmented into:

  • Commercial
  • Residential
  • Infrastructure
  • Institutional
  • Industrial
  • Others

Global building information modeling - Regional Insight

On the basis of geography, the global business information modeling market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The US held a dominant position in the market and is projected to retain its dominance throughout the forecast period. Supportive government initiatives in the country creates a highly conducive environment for growth of the BIM market in the region. For instance, United States General Services Administration (GSA) formulated the National BIM Program in 2003. According to this program certain policies are mandated for the BIM adoption in all Public Buildings Service projects.

Europe is expected to be the second largest market during the forecast period. The increasing construction industry become one of the major driver for the growth of the market in this region. For instance, the number of new buildings construction had been increased by 7.5 percent to US$ 87.4 billion (Euro 70.9 billion) 2016 as compared to previous year.

Key Companies in global building information modelling Market

Major players operating in the global building information modelling market include Autodesk Inc., Nementschek 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 Mcheel & Associates, and Cadsoft

Research Methodology

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  • Primary Research (Trade Surveys and Experts Interviews)
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In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

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Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

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  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

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  • Distributors
  • End-users

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