New York, January 30, 2023 /PRNewswire/ — According to Technavio, Global Building Information Modeling Software Market size is US$18.05 billion From 2022 to 2026.the market is CAGR 20.12% during the forecast period. APAC will hold the largest share of the global market in 2022, and the region’s market is estimated to see his 34% incremental growth. Gain deeper insight into market research. Buy Report!
Building Information Modeling Software Market – Five Forces
The global cloud data warehouse market is segmented and the five forces analysis covers:
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bargaining power of buyers
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Threat of new entrants
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threat of rivals
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bargaining power of suppliers
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Threat of substitutes
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Porter’s interpretation of the five models helps you strategize on the details of your entire business. Download sample report
Building Information Modeling Software Market – Customer Landscape
This report includes the adoption lifecycle of the market from innovator stage to laggard stage. Based on the penetration rate, we focus on the adoption rate in different regions. In addition, the report also includes key purchasing criteria and price sensitivity factors to help companies evaluate and develop growth strategies.
Building Information Modeling Software Market – Segmentation Assessment
Segment overview
Technavio is a product (software and services) and geography (North America, Europe,Asia Pacific, middle east When AfricaWhen South America).
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Market growth will be significant for the software segment during the forecast period. BIM software standardizes the construction process by enabling efficient planning, design, construction and management of buildings and infrastructure. It provides an opportunity for contractors to increase the profitability and efficiency of their projects and deliver quality work. With the growth of the global construction industry, the demand for BIM software is expected to increase during the forecast period.
geography overview
Geographically, the global building information modeling software market is segmented as follows: North America, Europe,Asia Pacific, middle east When AfricaWhen South AmericaThis report offers actionable insights and estimates the contribution of every region to the growth of the global building information modeling software market.
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APAC will account for 34% of market growth during the forecast period. The growth of the regional market is driven by increasing construction of commercial and industrial buildings and economic development in countries such as: China, India, JapanWhen Indonesia.
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Building Information Modeling Software Market – market dynamics
Key Factors Driving Market Growth
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The market is driven by increasing requirements for large-scale project management.
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BIM software automates processes, manages resources and maintains regular follow-ups to ensure maximum output.
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Adopting BIM solutions for large-scale project management increases productivity.
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This provides an opportunity for organizations to handle project-related inquiries easily and effectively, thereby ensuring efficient process management.
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BIM solutions also automate sales leads to help increase sales.
Key trends impacting the market
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The growth of 5D BIM has been recognized as a major trend in the market.
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3D BIM has certain limitations in that it provides a platform for integrating time and cost factors.
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This has led to the emergence of 5D BIM which considers more dimensions.
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With 5D BIM, investors can easily assess information on various factors such as productivity rates and real-time cost estimates.
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The emergence of 5D BIM will have a positive impact on market growth during the forecast period.
Key challenges hindering market growth
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High implementation and operating costs are one of the major challenges affecting market growth.
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Several small businesses in the construction industry are holding back on BIM software and looking for a budget-friendly solution.
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BIM support and maintenance costs are high because these solutions are complex and require trained professionals to use the software.
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Moreover, most SMEs are reluctant to invest large sums in small projects and are skeptical about the return on investment.
Drivers, trends, and challenges are the market dynamics factors that describe business outcomes and sustainability. Find some insights from our sample reports!
What are the key data covered in this Building Information Modeling Software Market report?
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CAGR of the market during the forecast period
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Detailed information on the factors driving the growth of the Building Information Modeling Software Market 2022-2026
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Precise estimates of the market size and market contribution of building information modeling software with focus on the parent market
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Accurate prediction of upcoming trends and changes in consumer behavior
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Building Information Modeling Software Market Industry Growth North America, Europe,Asia Pacific, middle east When AfricaWhen South America
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In-depth analysis of market competitive landscape and vendor details
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Comprehensive Analysis of Factors Hindering the Growth of Building Information Modeling Software Market Vendors
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Related reports:
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of Building Information Modeling Market The size is projected to increase by US$8.42 billion It will accelerate at a CAGR of 19.14% from 2021 to 2026. The rise of the work-from-home model is particularly boosting the growth of the architectural information modeling market, but factors such as the low rate of digitization in the construction industry may hinder the market growth.
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of 5-D Building Information Modeling Market The size is expected to increase to US$840.99 million From 2021 to 2026, the market growth momentum will accelerate at a CAGR of 15.68%. The advantages of 5-D BIM over its predecessors are driving the growth of the 5-D building information modeling market in particular, but factors such as high implementation and operating costs are likely to hamper the market growth. I have.
Building Information Modeling Software Market Size |
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report coverage |
detail |
page number |
135 |
base year |
2021 |
Forecast period |
2022-2026 |
Growth Momentum and CAGR |
Accelerate at a CAGR of 20.12% |
Market growth 2022-2026 |
US$18.05 billion |
market structure |
fragmented |
Year-over-year growth rate (%) from 2022 to 2023 |
13.64 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, South America |
Execution of market contribution |
Asia Pacific 34% |
major countries |
USA, Japan, China, UK, France |
competitive environment |
Key vendors, vendor market positioning, competitive strategies, industry risks |
Main company introduction |
ABB Ltd., ACCA software Spa, AECOM, Asite Solutions Ltd., Autodesk Inc., AVEVA Group Plc, Bentley Systems Inc., Cadsoft Corp., Dassault Systemes SE, GRAITEC Innovation SAS, Hexagon AB, Nemetschek SE, Pinnacle Infotech Inc. , Plannerly, Planon Shared Services BV, Schneider Electric SE, Siemens AG, The Beck Group, Trimble Inc., 4M SA Advanced Software Engineering Systems |
market dynamics |
Parent market analysis, market growth drivers and obstacles, fast and slow growth segment analysis, COVID-19 impact and recovery analysis, future consumer dynamics, and market landscape analysis for the forecast period. |
Customization range |
If the data you’re looking for isn’t in the report, contact an analyst to customize the segment. |
table of contents:
1.executive summary
2 Market Outlook
3 Market size
4 Five Forces Analysis
5 Market Segmentation by Product
6 Customer Situation
7 Geographical landscape
8 Factors, Challenges and Trends
9 Vendor Landscape
10 vendor analysis
11 Appendix
about us
Technavio is the world’s leading technology research and advisory firm. Their research and analysis focuses on emerging market trends, with actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market position. provide. With over 500 expert analysts, Technavio’s report library consists of over 17,000 reports covering 800 technologies across 50 countries. Their customer base consists of companies of all sizes, including over 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify existing and potential market opportunities and compete within changing market scenarios. Evaluate power.
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