Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 8.9 Billion

Market Size (2029)

USD 21.10 Billion

CAGR (2024-2029)

15.3%

Fastest Growing Segment

Services

Largest Market

North America

Market Overview

Global Building Information Modeling Market has valued at USD 8.9 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 15.3% through 2029. The Building Information Modeling (BIM) market encompasses a wide range of software solutions, services, and collaborative tools designed to enhance the planning, design, construction, and management of buildings and infrastructure. BIM is a digital representation of the physical and functional characteristics of a facility, serving as a shared knowledge resource for information about a facility, forming a reliable basis for decisions during its lifecycle from inception onward. The market is segmented by solutions, including software and services, deployment types such as on-premise and cloud-based, end-users including architects, engineers, contractors, and facility managers, and applications in sectors like commercial, residential, industrial, and infrastructure. BIM software facilitates a collaborative environment, enabling all stakeholders—architects, engineers, contractors, and owners—to work on a unified model. This collaborative approach significantly improves efficiency, reduces errors, and minimizes rework by ensuring that all project participants are working with the most current and accurate data. Key functionalities of BIM software include 3D modeling, clash detection, cost estimation, construction simulation, and project scheduling, all of which contribute to better project outcomes and lifecycle management.

The increasing adoption of BIM is driven by its ability to deliver substantial cost and time savings. By providing a holistic view of a project, BIM allows for better planning and visualization, leading to more informed decision-making and fewer changes during the construction phase. Additionally, BIM enhances communication and collaboration among stakeholders, which is critical for complex projects. Governments and regulatory bodies across the globe are also recognizing the benefits of BIM, mandating its use for public infrastructure projects, thereby driving market growth. Technological advancements, such as the integration of BIM with augmented reality (AR), virtual reality (VR), and artificial intelligence (AI), are further expanding the capabilities and applications of BIM. These technologies enable immersive design and construction experiences, predictive analytics, and automated workflows, thereby improving the accuracy and efficiency of BIM processes. The shift towards sustainable building practices and green construction is another significant factor propelling the adoption of BIM, as it supports energy-efficient designs and lifecycle assessments. The growing trend of smart cities and digital twins, where virtual models replicate physical assets and systems, relies heavily on BIM data. This trend underscores the importance of BIM in the future of urban development and infrastructure management. The BIM market is a dynamic and rapidly evolving sector that plays a crucial role in modern construction and facility management. Its ability to streamline processes, improve collaboration, and support sustainable practices positions it as an indispensable tool for the future of the construction industry..

Key Market Drivers

 Increasing Adoption of Digital Transformation in Construction

The surge in digital transformation within the construction industry is a primary driver for the Building Information Modeling (BIM) market. As construction projects become increasingly complex, the necessity for advanced tools that enhance precision, efficiency, and collaboration is paramount. BIM offers a robust digital representation of the physical and functional characteristics of a facility, which significantly aids in planning, designing, managing, and constructing buildings and infrastructure. This digital approach mitigates many of the traditional inefficiencies found in construction projects, such as design errors, resource mismanagement, and schedule delays. The construction industry is witnessing a paradigm shift toward smarter and more sustainable buildings. BIM facilitates this shift by enabling the integration of energy efficiency and sustainability considerations early in the design process. For instance, architects and engineers can simulate the energy performance of a building, assess the environmental impact of various materials, and optimize designs for better sustainability outcomes. This capability aligns with the growing regulatory requirements and market demand for green buildings, further accelerating the adoption of BIM.

The global push for smart cities and infrastructure development also propels the BIM market. Governments and private sector stakeholders are increasingly investing in smart infrastructure projects, where BIM plays a critical role. By providing a comprehensive and precise model of infrastructure components, BIM helps in the efficient management of urban infrastructure, enhancing the quality of life for residents. The integration of IoT and other smart technologies with BIM models facilitates real-time monitoring and management, leading to more responsive and resilient infrastructure systems. The adoption of BIM is being driven by the increasing requirement for seamless collaboration among stakeholders. Construction projects involve multiple stakeholders, including architects, engineers, contractors, and owners, who must work cohesively to ensure project success. BIM provides a unified platform that fosters collaborative workflows, reduces miscommunication, and ensures that all stakeholders are on the same page. This collaborative aspect not only enhances project efficiency but also leads to better decision-making and higher-quality outcomes.

Government Mandates and Supportive Regulations

Government mandates and supportive regulations are significantly driving the adoption of Building Information Modeling (BIM) across the construction industry. Many governments worldwide have recognized the substantial benefits of BIM in improving construction efficiency, reducing costs, and enhancing project outcomes. Consequently, they have implemented regulations that mandate or strongly encourage the use of BIM for public infrastructure projects. These mandates are particularly prevalent in regions such as Europe, North America, and parts of Asia, where construction standards and practices are continuously evolving. In Europe, the EU Public Procurement Directive encourages the use of BIM for publicly funded construction projects, which has led to a significant increase in BIM adoption across member states. Countries like the United Kingdom, Germany, and France have established national BIM standards and requirements, ensuring that public sector projects utilize BIM methodologies. These mandates not only drive BIM adoption but also set a precedent for the private sector to follow, creating a ripple effect throughout the construction industry.

In North America, the U.S. General Services Administration (GSA) and various state governments have implemented BIM requirements for federal buildings and infrastructure projects. These mandates are aimed at improving project delivery, reducing lifecycle costs, and enhancing the sustainability of federal assets. The Canadian government has also been proactive in promoting BIM through various initiatives and guidelines, further bolstering the market. In Asia, countries such as Singapore and China are leading the charge in BIM adoption. The Building and Construction Authority (BCA) of Singapore has mandated BIM for architectural, structural, and MEP projects, supported by incentives and training programs to facilitate smooth implementation. China’s government, recognizing the potential of BIM to revolutionize its vast construction industry, has also introduced policies and standards to accelerate BIM adoption across the country. These government mandates and supportive regulations are not only driving BIM adoption but also fostering a culture of innovation and continuous improvement within the construction industry. They encourage stakeholders to invest in BIM training and development, ensuring a skilled workforce capable of leveraging BIM to its full potential. Furthermore, these regulations promote the standardization of BIM practices, which is crucial for interoperability and collaboration across different projects and stakeholders.

Technological Advancements and Integration with Emerging Technologies

Technological advancements and the integration of emerging technologies are key drivers propelling the growth of the Building Information Modeling (BIM) market. The construction industry is undergoing a digital transformation, with BIM at the forefront, enabling the adoption of cutting-edge technologies such as artificial intelligence (AI), machine learning, the Internet of Things (IoT), augmented reality (AR), and virtual reality (VR). These technologies are revolutionizing how construction projects are designed, managed, and executed, offering unprecedented levels of efficiency, accuracy, and collaboration. AI and machine learning are enhancing BIM capabilities by enabling predictive analytics, automated design optimization, and advanced data management. These technologies allow for more accurate forecasting of project timelines, costs, and potential risks, enabling proactive decision-making and reducing the likelihood of costly errors and delays. For instance, AI algorithms can analyze vast amounts of data from past projects to predict the performance and outcomes of new designs, ensuring more reliable and efficient project planning.

The integration of IoT with BIM is transforming construction site management and facility operations. IoT sensors and devices can provide real-time data on various parameters such as temperature, humidity, equipment usage, and worker safety. This data can be seamlessly integrated into BIM models, offering a comprehensive view of the construction site and enabling real-time monitoring and management. IoT-enhanced BIM models facilitate better resource allocation, improve site safety, and optimize building performance throughout its lifecycle. AR and VR technologies are also playing a pivotal role in driving BIM adoption. These technologies enable immersive visualization and simulation of BIM models, allowing stakeholders to experience and interact with digital representations of buildings and infrastructure in a realistic manner. AR and VR can be used for virtual walkthroughs, design reviews, and construction planning, enhancing stakeholder engagement and collaboration. They also facilitate training and education, helping construction professionals to better understand and utilize BIM tools and methodologies. Advancements in cloud computing and data storage are making BIM more accessible and scalable. Cloud-based BIM solutions enable seamless collaboration among stakeholders, regardless of their geographical location. They provide a centralized platform for storing, accessing, and managing BIM data, ensuring that all project participants have real-time access to the latest information. This enhances communication, reduces the risk of errors, and improves overall project efficiency. The integration of emerging technologies with BIM is driving significant advancements in the construction industry. These technologies are enhancing the capabilities of BIM, making it a more powerful tool for improving project outcomes, reducing costs, and fostering innovation. As these technologies continue to evolve, their synergy with BIM will further accelerate the digital transformation of the construction industry, unlocking new opportunities for growth and development..


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Key Market Challenges

Integration and Interoperability Issues

The Building Information Modeling (BIM) market faces significant challenges related to integration and interoperability of BIM software with other existing systems and technologies. As BIM adoption increases across the construction industry, the need for seamless integration with legacy systems, various project management tools, and other construction technologies becomes paramount. However, achieving this interoperability is complex due to the diverse range of software and platforms used by different stakeholders within the construction ecosystem, including architects, engineers, contractors, and owners. One major issue is the lack of standardized protocols and data formats across BIM software applications. While efforts such as the Industry Foundation Classes (IFC) standard aim to address this, widespread implementation and adherence to such standards remain inconsistent. As a result, data exchange between different BIM tools can be fraught with errors, leading to information loss, misinterpretation, and inefficiencies in project workflows. This fragmentation hinders the collaborative potential of BIM, limiting its effectiveness in delivering comprehensive and coordinated project outcomes. Integrating BIM with other technologies like Geographic Information Systems (GIS), enterprise resource planning (ERP) systems, and facility management software poses additional challenges. These integrations are essential for creating a holistic digital twin of the built environment, enabling better decision-making throughout the project lifecycle. However, the technical complexities involved in linking these disparate systems, along with the varying levels of digital maturity among stakeholders, make such integrations difficult to achieve. Another critical aspect is the human factor—training and expertise required to manage and operate integrated BIM environments. Many construction professionals may not be sufficiently skilled in using advanced BIM tools or understanding the nuances of data interoperability. This skills gap can lead to resistance in adopting integrated BIM solutions, further exacerbating the challenge. Addressing these integration and interoperability issues requires a multi-faceted approach. The industry must continue to develop and enforce robust standards for data exchange and interoperability. Investment in training and education programs to upskill the workforce is crucial to ensure that all stakeholders can effectively utilize BIM technologies. Additionally, fostering collaboration between software developers, industry bodies, and construction firms can drive the creation of more interoperable solutions, ultimately enhancing the value and impact of BIM in the construction sector.

High Implementation Costs and ROI Concerns

Another significant challenge facing the Building Information Modeling (BIM) market is the high implementation costs and concerns regarding return on investment (ROI). While the long-term benefits of BIM, such as improved project efficiency, reduced errors, and enhanced collaboration, are well-documented, the initial costs associated with adopting and implementing BIM can be prohibitively high for many construction firms, particularly small to medium-sized enterprises (SMEs). The costs of BIM adoption extend beyond merely purchasing software licenses. They include substantial investments in hardware, training, and process re-engineering. Advanced BIM software often requires high-performance computing systems to handle complex models and large datasets. Additionally, the transition to BIM necessitates comprehensive training programs to equip staff with the necessary skills to utilize these tools effectively. This training is not a one-time expense but an ongoing need as BIM technologies evolve and new features are introduced. The implementation of BIM often requires a fundamental shift in traditional project workflows and business processes. This transition can be disruptive and necessitates a cultural change within organizations to embrace new ways of working. The time and resources required to manage this change add to the overall implementation costs. For many firms, especially those operating on thin margins, the financial burden and operational disruption can be significant deterrents to BIM adoption.

ROI concerns further compound this challenge. While BIM is designed to deliver substantial long-term benefits, quantifying these benefits in concrete financial terms can be difficult. Construction projects are inherently complex and influenced by numerous variables, making it challenging to attribute cost savings or efficiency gains directly to BIM implementation. This uncertainty can make it hard for firms to justify the upfront investment to stakeholders and decision-makers who demand clear, measurable ROI. The benefits of BIM often accrue over multiple projects and over the long term. This extended timeframe for realizing returns can be a deterrent for firms looking for quick wins or operating under short-term financial pressures. The lack of immediate, tangible benefits can lead to skepticism about the value of BIM, further hindering its adoption. To overcome these challenges, the industry must focus on demonstrating the tangible benefits of BIM through case studies and pilot projects that showcase clear ROI. Financial incentives, such as subsidies or tax breaks for BIM adoption, could also help mitigate the initial costs. Moreover, developing scalable, cost-effective BIM solutions tailored to the needs of SMEs can facilitate broader adoption. By addressing these financial and ROI concerns, the BIM market can expand more rapidly, delivering its full potential to the construction industry..

Key Market Trends

Growing Adoption of Cloud-Based BIM Solutions

The Building Information Modeling (BIM) market is witnessing a significant shift towards cloud-based solutions, driven by the need for enhanced collaboration and accessibility. Cloud-based BIM platforms enable real-time collaboration among stakeholders, including architects, engineers, contractors, and owners, regardless of their geographical locations. This trend is particularly advantageous for large-scale and complex construction projects that require seamless coordination and communication among diverse teams. By leveraging cloud technology, BIM solutions facilitate the sharing of updated project data, models, and documents, reducing the risk of errors and miscommunication. The scalability and flexibility offered by cloud-based BIM solutions allow organizations to adapt to changing project requirements and scale their operations efficiently. The ability to store vast amounts of data on the cloud eliminates the need for expensive on-premises infrastructure, leading to cost savings and improved resource allocation. Additionally, cloud-based BIM platforms often come with advanced security features, ensuring the protection of sensitive project information from cyber threats and unauthorized access. The integration of cloud technology with BIM is also driving the adoption of advanced analytics and artificial intelligence (AI) capabilities. By harnessing the power of AI and machine learning, cloud-based BIM solutions can analyze large datasets to provide actionable insights, optimize construction processes, and predict potential issues before they arise. This proactive approach to project management enhances decision-making and contributes to the successful completion of projects within budget and on time.

The increasing trend of remote work, accelerated by the COVID-19 pandemic, has highlighted the importance of cloud-based solutions in the construction industry. With remote access to BIM data and models, project teams can continue to collaborate effectively, even when working from different locations. This flexibility has become a critical factor for organizations looking to maintain productivity and continuity in their operations. The growing adoption of cloud-based BIM solutions is transforming the construction industry by enabling real-time collaboration, improving data accessibility, and enhancing project management through advanced analytics. As organizations continue to recognize the benefits of cloud technology, the demand for cloud-based BIM platforms is expected to rise, driving further innovation and growth in the BIM market.

Integration of BIM with IoT and Smart Technologies

The integration of Building Information Modeling (BIM) with the Internet of Things (IoT) and smart technologies is emerging as a transformative trend in the construction industry. This convergence is driving the development of intelligent building solutions that enhance operational efficiency, reduce costs, and improve occupant experiences. IoT-enabled BIM platforms allow real-time monitoring and management of building systems, providing valuable insights into energy usage, occupancy patterns, and maintenance needs. One of the key benefits of integrating BIM with IoT is the ability to create digital twins—virtual replicas of physical buildings that mirror their real-time performance. Digital twins leverage data from IoT sensors embedded in building systems to provide a comprehensive view of the building’s operational status. This capability enables facility managers to monitor and optimize building performance, identify potential issues before they escalate, and implement predictive maintenance strategies. As a result, the integration of BIM and IoT contributes to significant cost savings and extends the lifespan of building assets. The use of smart technologies in conjunction with BIM is driving the adoption of sustainable building practices. IoT sensors can monitor environmental conditions, such as temperature, humidity, and air quality, allowing building managers to optimize HVAC systems for energy efficiency and occupant comfort. By incorporating real-time data into BIM models, architects and engineers can design buildings that meet sustainability standards and reduce their carbon footprint. This trend aligns with the growing emphasis on green building initiatives and regulatory requirements aimed at promoting energy-efficient construction.

The integration of BIM with IoT also enhances construction site safety and productivity. IoT-enabled wearables and sensors can track worker movements, monitor environmental conditions, and detect potential hazards in real-time. This data is fed into BIM models to provide a comprehensive view of site conditions, enabling project managers to implement safety measures and optimize workflows. As a result, the combination of BIM and IoT contributes to safer and more efficient construction practices. The adoption of smart technologies in building management is fostering the development of smart cities. By integrating BIM with IoT, city planners and developers can create interconnected urban environments that leverage data to enhance infrastructure management, improve public services, and optimize resource allocation. This trend is driving the evolution of urban planning and construction, paving the way for more sustainable and livable cities. The integration of BIM with IoT and smart technologies is revolutionizing the construction industry by enabling intelligent building solutions, promoting sustainability, and enhancing safety and productivity. As the adoption of IoT continues to grow, the synergy between BIM and smart technologies is expected to drive further innovation and growth in the BIM market.

 Increased Emphasis on Sustainability and Green Building Practices

The Building Information Modeling (BIM) market is experiencing a growing emphasis on sustainability and green building practices, driven by increasing environmental awareness and stringent regulatory requirements. As the construction industry seeks to reduce its carbon footprint and promote energy-efficient buildings, BIM is emerging as a critical tool for achieving these goals. BIM enables architects, engineers, and contractors to design, construct, and operate buildings with a focus on sustainability, optimizing resource usage and minimizing environmental impact. One of the primary ways BIM contributes to sustainability is through energy modeling and analysis. BIM platforms allow designers to simulate and evaluate the energy performance of buildings during the design phase, identifying opportunities for energy savings and efficiency improvements. By incorporating data on building materials, insulation, HVAC systems, and lighting, BIM enables the creation of energy-efficient designs that comply with green building standards such as LEED and BREEAM. This capability helps reduce operational energy consumption and lower greenhouse gas emissions, contributing to the overall sustainability of the built environment.

BIM facilitates the use of sustainable building materials and construction methods. By providing detailed information on material properties and performance, BIM allows project teams to select environmentally friendly materials that meet sustainability criteria. BIM also supports the implementation of prefabrication and modular construction techniques, which reduce waste, minimize on-site disruptions, and enhance construction efficiency. These practices align with the principles of sustainable construction and contribute to the reduction of construction-related environmental impacts. The emphasis on sustainability is also driving the adoption of lifecycle assessment (LCA) in BIM workflows. LCA involves evaluating the environmental impacts of a building throughout its entire lifecycle, from design and construction to operation and demolition. BIM platforms can integrate LCA data, enabling project teams to assess the long-term sustainability of their designs and make informed decisions that enhance the building’s overall environmental performance. This holistic approach to sustainability ensures that buildings are designed and managed with consideration for their long-term impact on the environment.

Regulatory requirements and incentives are encouraging the adoption of sustainable building practices. Governments and organizations worldwide are implementing policies and incentives to promote energy-efficient and sustainable construction. BIM’s ability to streamline compliance with these regulations and provide documentation for green building certifications makes it an invaluable tool for construction professionals aiming to meet sustainability targets and gain competitive advantages in the market. The increased emphasis on sustainability and green building practices is driving the adoption of BIM in the construction industry. BIM’s capabilities in energy modeling, material selection, prefabrication, and lifecycle assessment support the creation of environmentally friendly buildings that meet regulatory standards and contribute to a sustainable future. As environmental concerns continue to grow, the role of BIM in promoting sustainability is expected to expand, driving further growth and innovation in the BIM market.

Segmental Insights

Component Insights

Software segment dominates in the global building information modeling market in 2023. The Building Information Modeling (BIM) market in the software segment is experiencing robust growth, driven by several key factors. Foremost among these is the increasing adoption of BIM by the architecture, engineering, and construction (AEC) industry. As construction projects become more complex, there is a growing need for improved collaboration, enhanced project visualization, and efficient project management. BIM software addresses these needs by providing a comprehensive platform for creating and managing digital representations of physical and functional characteristics of places. This capability enhances collaboration among stakeholders, reduces errors and rework, and improves overall project efficiency. Technological advancements in cloud computing and data analytics are significantly propelling the BIM software market. The integration of BIM with cloud technology facilitates real-time collaboration and data sharing among project teams, irrespective of their geographical locations. This seamless connectivity ensures that all stakeholders have access to the latest project information, which helps in minimizing delays and cost overruns. Additionally, the incorporation of advanced data analytics into BIM software allows for better decision-making by providing insights into project performance, resource allocation, and risk management. Government mandates and regulations are also playing a crucial role in driving the adoption of BIM software. Many countries have introduced regulations that require the use of BIM for public infrastructure projects. For instance, the UK government has mandated the use of BIM Level 2 for all centrally procured public sector projects. Such regulations are encouraging construction firms to adopt BIM software to comply with legal requirements, thus boosting market growth.

Sustainability and green building initiatives are further contributing to the demand for BIM software. BIM enables the simulation and analysis of building performance, including energy consumption and environmental impact. This capability supports the design and construction of sustainable buildings, which is becoming increasingly important in the context of global environmental challenges. As a result, construction firms are leveraging BIM software to meet sustainability goals and gain a competitive edge in the market. The rising trend of smart cities and digital twins is another significant driver for the BIM software market. Smart city projects require sophisticated planning and management, which BIM software can provide. Digital twin technology, which creates a virtual replica of physical assets, relies heavily on BIM for accurate and up-to-date information. This integration of BIM with digital twin technology is enhancing the efficiency and effectiveness of smart city projects, thereby driving the demand for BIM software. BIM software market is being driven by the increasing complexity of construction projects, technological advancements, government regulations, sustainability initiatives, and the rise of smart cities. These factors are collectively contributing to the growing adoption of BIM software in the AEC industry, paving the way for significant market expansion.


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Regional Insights

North America region held the largest market share in 2023. The Building Information Modeling (BIM) market in North America is experiencing robust growth driven by several key factors, reflecting the region's commitment to advancing construction and infrastructure development through digital transformation. One of the primary drivers is the increasing adoption of government regulations and mandates that promote the use of BIM for public infrastructure projects. Governments at federal, state, and local levels are recognizing the benefits of BIM in enhancing project efficiency, reducing costs, and improving overall project outcomes. These regulations are encouraging construction firms to adopt BIM technologies to stay compliant and competitive in the market.  Another significant driver is the growing demand for sustainable and energy-efficient buildings. BIM enables precise modeling and analysis of building performance, allowing architects and engineers to design structures that minimize environmental impact and optimize energy use. This is particularly relevant in North America, where there is a strong emphasis on green building practices and adherence to LEED (Leadership in Energy and Environmental Design) standards. The ability of BIM to integrate with various simulation tools for energy analysis and sustainability assessments is propelling its adoption in the region.

Technological advancements in BIM software are also a crucial driver of market growth. Innovations such as cloud-based BIM platforms, mobile applications, and enhanced collaboration tools are making BIM more accessible and user-friendly for construction professionals. These advancements facilitate real-time collaboration among stakeholders, streamline workflows, and improve project coordination. The integration of BIM with emerging technologies like artificial intelligence (AI), machine learning, and the Internet of Things (IoT) is further enhancing its capabilities, allowing for predictive analytics, automated design optimization, and smarter building management. The increasing complexity of construction projects in North America is another factor driving BIM adoption. As urbanization continues to rise, there is a growing need for sophisticated construction methods that can handle large-scale, multifaceted projects. BIM provides a comprehensive solution for managing complex project data, improving accuracy, and reducing the likelihood of errors and rework. This leads to significant cost savings and shorter project timelines, which are critical advantages in the highly competitive construction industry. Construction industry in North America is facing a shortage of skilled labor, which is compelling companies to seek innovative solutions to maintain productivity. BIM helps address this challenge by automating various aspects of the design and construction process, reducing the reliance on manual labor and enabling more efficient use of available resources. BIM market in North America is being driven by a combination of regulatory support, the push for sustainable construction, technological advancements, increasing project complexity, and the need to address labor shortages. As these factors continue to evolve, BIM is set to play a pivotal role in transforming the construction industry, driving innovation, and enhancing the quality and efficiency of building projects across the region.

Recent Developments

  • In November 2022, Bentley announced new capabilities of its iTwin Platform, significantly extending the scope and interoperability of infrastructure data that engineering firms and owner-operators can use to create and leverage digital twins in design, construction, and operations workflows where the new iTwin Platform capabilities will power Bentley Infrastructure Cloud, a set of solutions that span the end-to-end infrastructure lifecycle and value chain, encompassing ProjectWise, SYNCHRO, and AssetWise.
  • In September 2022, Autodesk announced a suite of new capabilities across the auto desk construction cloud reality, making it easier for construction project teams to use and maximize the value of BIM from the office to the field. The improvements enable team members to streamline workflows and make important choices more quickly by giving all stakeholders instant access to essential model data and information.

Key Market Players

  • Autodesk Inc.
  • Nemetschek Group
  • Bentley Systems
  • Trimble Inc.
  • Dassault Systèmes
  • Schneider Electric
  • Asitev
  • Procore Technologies, Inc.
  • Hexagon
  • Archidata Inc.

By Component

By Project Phase

By Application

By End User

By Region

  • Software
  • Services
  • Pre-Construction
  • Construction
  • Post Construction
  • Commercial
  • Residential
  • Industrial
  • Public Infrastructure
  • Architect & Engineers
  • Facility & Construction Managers
  • Builders & Contractors
  • North America
  • Europe
  • South America
  • Middle East & Africa
  • Asia Pacific

Report Scope:

In this report, the Global Building Information Modeling Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Building Information Modeling Market, By Component:

o   Software

o   Services

  • Building Information Modeling Market, By Project Phase:

o   Pre-Construction

o   Construction

o   Post Construction

  • Building Information Modeling Market, By Application:

o   Commercial

o   Residential

o   Industrial

o   Public Infrastructure

  • Building Information Modeling Market, By End User:

o   Architect & Engineers

o   Facility & Construction Managers

o   Builders & Contractors

  • Building Information Modeling Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  Germany

§  France

§  United Kingdom

§  Italy

§  Spain

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Asia-Pacific

§  China

§  India

§  Japan

§  South Korea

§  Australia

o   Middle East & Africa

§  Saudi Arabia

§  UAE

§  South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Building Information Modeling Market.

Available Customizations:

Global Building Information Modeling Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Building Information Modeling Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]   

Table of content

1.    Service Overview

1.1.    Market Definition

1.2.    Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.    Baseline Methodology

2.2.    Key Industry Partners

2.3.    Major Association and Secondary Sources

2.4.    Forecasting Methodology

2.5.    Data Triangulation & Validation

2.6.    Assumptions and Limitations

3.    Executive Summary

4.    Impact of COVID-19 on Global Building Information Modeling Market

5.    Voice of Customer

6.    Global Building Information Modeling Market Overview

7.    Global Building Information Modeling Market Outlook

7.1.    Market Size & Forecast

7.1.1.    By Value

7.2.    Market Share & Forecast

7.2.1.  By Component (Software, Services)

7.2.2.  By Project Phase (Pre-Construction, Construction, Post Construction)

7.2.3.  By Application (Commercial, Residential, Industrial, Public Infrastructure)

7.2.4.  By End User (Architect & Engineers, Facility & Construction Managers, Builders & Contractors)

7.2.5.  By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

7.3.    By Company (2023)

7.4.    Market Map

8.    North America Building Information Modeling Market Outlook

8.1.    Market Size & Forecast

8.1.1.    By Value

8.2.    Market Share & Forecast

8.2.1.    By Component

8.2.2.    By Project Phase

8.2.3.    By Application

8.2.4.    By End User

8.2.5.    By Country

8.2.5.1.        United States Building Information Modeling Market Outlook

8.2.5.1.1.        Market Size & Forecast

8.2.5.1.1.1.    By Value

8.2.5.1.2.        Market Share & Forecast

8.2.5.1.2.1.               By Component

8.2.5.1.2.2.               By Project Phase

8.2.5.1.2.3.               By Application

8.2.5.1.2.4.               By End User

8.2.5.2.        Canada Building Information Modeling Market Outlook

8.2.5.2.1.        Market Size & Forecast

8.2.5.2.1.1.    By Value

8.2.5.2.2.        Market Share & Forecast

8.2.5.2.2.1.               By Component

8.2.5.2.2.2.               By Project Phase

8.2.5.2.2.3.               By Application

8.2.5.2.2.4.               By End User

8.2.5.3.        Mexico Building Information Modeling Market Outlook

8.2.5.3.1.        Market Size & Forecast

8.2.5.3.1.1.    By Value

8.2.5.3.2.        Market Share & Forecast

8.2.5.3.2.1.               By Component

8.2.5.3.2.2.               By Project Phase

8.2.5.3.2.3.               By Application

8.2.5.3.2.4.               By End User

9.    Europe Building Information Modeling Market Outlook

9.1.    Market Size & Forecast

9.1.1.  By Value

9.2.    Market Share & Forecast

9.2.1.    By Component

9.2.2.    By Project Phase

9.2.3.    By Application

9.2.4.    By End User

9.2.5.    By Country

9.2.5.1.        Germany Building Information Modeling Market Outlook

9.2.5.1.1.        Market Size & Forecast

9.2.5.1.1.1.    By Value

9.2.5.1.2.        Market Share & Forecast

9.2.5.1.2.1.               By Component

9.2.5.1.2.2.               By Project Phase

9.2.5.1.2.3.               By Application

9.2.5.1.2.4.               By End User

9.2.5.2.        France Building Information Modeling Market Outlook

9.2.5.2.1.        Market Size & Forecast

9.2.5.2.1.1.    By Value

9.2.5.2.2.        Market Share & Forecast

9.2.5.2.2.1.               By Component

9.2.5.2.2.2.               By Project Phase

9.2.5.2.2.3.               By Application

9.2.5.2.2.4.               By End User

9.2.5.3.        United Kingdom Building Information Modeling Market Outlook

9.2.5.3.1.        Market Size & Forecast

9.2.5.3.1.1.    By Value

9.2.5.3.2.        Market Share & Forecast

9.2.5.3.2.1.               By Component

9.2.5.3.2.2.               By Project Phase

9.2.5.3.2.3.               By Application

9.2.5.3.2.4.               By End User

9.2.5.4.        Italy Building Information Modeling Market Outlook

9.2.5.4.1.        Market Size & Forecast

9.2.5.4.1.1.    By Value

9.2.5.4.2.        Market Share & Forecast

9.2.5.4.2.1.               By Component

9.2.5.4.2.2.               By Project Phase

9.2.5.4.2.3.               By Application

9.2.5.4.2.4.               By End User

9.2.5.5.        Spain Building Information Modeling Market Outlook

9.2.5.5.1.        Market Size & Forecast

9.2.5.5.1.1.    By Value

9.2.5.5.2.        Market Share & Forecast

9.2.5.5.2.1.               By Component

9.2.5.5.2.2.               By Project Phase

9.2.5.5.2.3.               By Application

9.2.5.5.2.4.               By End User

10. South America Building Information Modeling Market Outlook

10.1. Market Size & Forecast

10.1.1.    By Value

10.2. Market Share & Forecast

10.2.1. By Component

10.2.2. By Project Phase

10.2.3. By Application

10.2.4. By End User

10.2.5. By Country

10.2.5.1.     Brazil Building Information Modeling Market Outlook

10.2.5.1.1.   Market Size & Forecast

10.2.5.1.1.1.             By Value

10.2.5.1.2.   Market Share & Forecast

10.2.5.1.2.1.            By Component

10.2.5.1.2.2.            By Project Phase

10.2.5.1.2.3.            By Application

10.2.5.1.2.4.            By End User

10.2.5.2.     Colombia Building Information Modeling Market Outlook

10.2.5.2.1.   Market Size & Forecast

10.2.5.2.1.1.             By Value

10.2.5.2.2.   Market Share & Forecast

10.2.5.2.2.1.            By Component

10.2.5.2.2.2.            By Project Phase

10.2.5.2.2.3.            By Application

10.2.5.2.2.4.            By End User

10.2.5.3.     Argentina Building Information Modeling Market Outlook

10.2.5.3.1.   Market Size & Forecast

10.2.5.3.1.1.             By Value

10.2.5.3.2.   Market Share & Forecast

10.2.5.3.2.1.            By Component

10.2.5.3.2.2.            By Project Phase

10.2.5.3.2.3.            By Application

10.2.5.3.2.4.            By End User

11. Middle East & Africa Building Information Modeling Market Outlook

11.1. Market Size & Forecast

11.1.1.    By Value

11.2. Market Share & Forecast

11.2.1. By Component

11.2.2. By Project Phase

11.2.3. By Application

11.2.4. By End User

11.2.5. By Country

11.2.5.1.     Saudi Arabia Building Information Modeling Market Outlook

11.2.5.1.1.   Market Size & Forecast

11.2.5.1.1.1.             By Value

11.2.5.1.2.   Market Share & Forecast

11.2.5.1.2.1.            By Component

11.2.5.1.2.2.            By Project Phase

11.2.5.1.2.3.            By Application

11.2.5.1.2.4.            By End User

11.2.5.2.     UAE Building Information Modeling Market Outlook

11.2.5.2.1.   Market Size & Forecast

11.2.5.2.1.1.             By Value

11.2.5.2.2.   Market Share & Forecast

11.2.5.2.2.1.            By Component

11.2.5.2.2.2.            By Project Phase

11.2.5.2.2.3.            By Application

11.2.5.2.2.4.            By End User

11.2.5.3.     South Africa Building Information Modeling Market Outlook

11.2.5.3.1.   Market Size & Forecast

11.2.5.3.1.1.             By Value

11.2.5.3.2.   Market Share & Forecast

11.2.5.3.2.1.            By Component

11.2.5.3.2.2.            By Project Phase

11.2.5.3.2.3.            By Application

11.2.5.3.2.4.            By End User

12. Asia Pacific Building Information Modeling Market Outlook

12.1. Market Size & Forecast

12.1.1.    By Value

12.2. Market Size & Forecast

12.2.1. By Component

12.2.2. By Project Phase

12.2.3. By Application

12.2.4. By End User

12.2.5. By Country

12.2.5.1.     China Building Information Modeling Market Outlook

12.2.5.1.1.   Market Size & Forecast

12.2.5.1.1.1.             By Value

12.2.5.1.2.   Market Share & Forecast

12.2.5.1.2.1.            By Component

12.2.5.1.2.2.            By Project Phase

12.2.5.1.2.3.            By Application

12.2.5.1.2.4.            By End User

12.2.5.2.     India Building Information Modeling Market Outlook

12.2.5.2.1.   Market Size & Forecast

12.2.5.2.1.1.             By Value

12.2.5.2.2.   Market Share & Forecast

12.2.5.2.2.1.            By Component

12.2.5.2.2.2.            By Project Phase

12.2.5.2.2.3.            By Application

12.2.5.2.2.4.            By End User

12.2.5.3.     Japan Building Information Modeling Market Outlook

12.2.5.3.1.   Market Size & Forecast

12.2.5.3.1.1.             By Value

12.2.5.3.2.   Market Share & Forecast

12.2.5.3.2.1.            By Component

12.2.5.3.2.2.            By Project Phase

12.2.5.3.2.3.            By Application

12.2.5.3.2.4.            By End User

12.2.5.4.     South Korea Building Information Modeling Market Outlook

12.2.5.4.1.   Market Size & Forecast

12.2.5.4.1.1.  By Value

12.2.5.4.2.   Market Share & Forecast

12.2.5.4.2.1.            By Component

12.2.5.4.2.2.            By Project Phase

12.2.5.4.2.3.            By Application

12.2.5.4.2.4.            By End User

12.2.5.5.     Australia Building Information Modeling Market Outlook

12.2.5.5.1.   Market Size & Forecast

12.2.5.5.1.1.             By Value

12.2.5.5.2.   Market Share & Forecast

12.2.5.5.2.1.            By Component

12.2.5.5.2.2.            By Project Phase

12.2.5.5.2.3.            By Application

12.2.5.5.2.4.            By End User

13. Market Dynamics

13.1.   Drivers

13.2.   Challenges

14. Market Trends and Developments

15. Company Profiles

15.1.   Autodesk Inc.

15.1.1.        Business Overview

15.1.2.        Key Revenue and Financials  

15.1.3.        Recent Developments

15.1.4.        Key Personnel

15.1.5.        Key Product/Services Offered

15.2.   Nemetschek Group

15.2.1.        Business Overview

15.2.2.        Key Revenue and Financials  

15.2.3.        Recent Developments

15.2.4.        Key Personnel

15.2.5.        Key Product/Services Offered

15.3.   Bentley Systems

15.3.1.        Business Overview

15.3.2.        Key Revenue and Financials  

15.3.3.        Recent Developments

15.3.4.        Key Personnel

15.3.5.        Key Product/Services Offered

15.4.   Trimble Inc.

15.4.1.        Business Overview

15.4.2.        Key Revenue and Financials  

15.4.3.        Recent Developments

15.4.4.        Key Personnel

15.4.5.        Key Product/Services Offered

15.5.   Dassault Systèmes

15.5.1.        Business Overview

15.5.2.        Key Revenue and Financials  

15.5.3.        Recent Developments

15.5.4.        Key Personnel

15.5.5.        Key Product/Services Offered

15.6.   Schneider Electric

15.6.1.        Business Overview

15.6.2.        Key Revenue and Financials  

15.6.3.        Recent Developments

15.6.4.        Key Personnel

15.6.5.        Key Product/Services Offered

15.7.   Asitev

15.7.1.        Business Overview

15.7.2.        Key Revenue and Financials  

15.7.3.        Recent Developments

15.7.4.        Key Personnel

15.7.5.        Key Product/Services Offered

15.8.   Procore Technologies, Inc.

15.8.1.        Business Overview

15.8.2.        Key Revenue and Financials  

15.8.3.        Recent Developments

15.8.4.        Key Personnel

15.8.5.        Key Product/Services Offered

15.9.   Hexagon

15.9.1.        Business Overview

15.9.2.        Key Revenue and Financials  

15.9.3.        Recent Developments

15.9.4.        Key Personnel

15.9.5.        Key Product/Services Offered

15.10.Archidata Inc.

15.10.1.     Business Overview

15.10.2.     Key Revenue and Financials  

15.10.3.     Recent Developments

15.10.4.     Key Personnel

15.10.5.     Key Product/Services Offered

16. Strategic Recommendations

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the global building information modeling market was USD 8.9 Billion in 2023.

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In 2023, Software Segment held the largest share. The Building Information Modeling (BIM) market in the software segment is driven by increasing demand for efficient project management, enhanced collaboration, and improved accuracy in design and construction processes, fueled by growing adoption of advanced digital technologies in the construction industry.

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In 2023, North America held the largest share. The Building Information Modeling (BIM) market in North America is driven by increasing demand for efficient project management, advancements in cloud technology, and government mandates for BIM usage in large-scale infrastructure projects, enhancing productivity and collaboration in the construction sector.

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The major drivers for the global building information modeling market include infrastructure development and urbanization, sustainability and green building practices, digital transformation in construction, government mandates and regulations, etc.

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Srishti Verma

Business Consultant
Press Release

Global Building Information Modeling Market Expands with Software Segment at a robust CAGR

Jul, 2024

The adoption of BIM is driven by its ability to enhance project coordination, reduce errors, improve collaboration among stakeholders, and optimize construction project timelines and costs efficientl