Reports
Global BIM in Construction Market: By Phase of Work: Construction, Operation; By End-User: Engineers, Contractors; By Application: Residential, Non-Residential; By Deployment Model; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global BIM in Construction Market Outlook
The global BIM in construction market attained a value of about USD 3.3 billion in 2021. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 15.20% to reach nearly USD 7.6 billion by 2027.
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Increasing Construction Activities Augmenting the Market for BIM in Construction
The growing demand for rapid construction of houses and infrastructures owing to the rising global population is surging the adoption of BIM and driving the industry growth. As the construction industry is one of the most accident-prone sectors, BIM is increasingly being deployed to identify potential risks and hazards, hence surging the safety of the workers.
With the growing requirement to efficiently predict cost information of building construction, BIM is leveraged to provide cost modelling while enhancing cost-effectiveness, thereby providing further impetus to the market for BIM in construction.
The increasing adoption of cloud-based BIM to streamline workflow while boosting cost-effectiveness in the construction industry is propelling the market growth. The wide accessibility offered by cloud-based BIM enables the quick exchange of information. It also enhances the flexibility of construction modelling, due to which it is increasingly preferred. Moreover, the development of cloud-based BIM that provides enhanced safety and security is expected to bolster the growth of the BIM in construction industry in the coming years.
BIM in Construction: Market Segmentation
BIM in construction, variously known as building information modelling in construction, is a solution that is deployed to construct and design modern buildings by utilising various design methods and tools. It collects the information related to construction activities digitally to establish a continuous flow of information. It enhances the cost-effectiveness, safety, and time-efficiency of construction projects.
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The major phases of work of BIM in construction are:
- Construction
- Operation
By end-users, the market is divided into:
- Engineers
- Contractors
The market can be broadly categorised on the basis of its application segments into:
- Residential
- Non-Residential
Based on deployment model, the market is divided into:
- On-Premise
- Cloud-based
The EMR report looks into the regional markets of BIM in construction like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Integration of Artificial Intelligence (AI) in BIM to Drive the Market for BIM in Construction
The integration of the latest technologies like artificial intelligence (AI) is expected to augment the growth of the market. AI-enabled BIM software can automate and enhance the process of modelling buildings to streamline workflow. As artificial intelligence (AI) rapidly assesses a large amount of data, it is predicted to bolster the accuracy of building information modelling (BIM) software while providing meaningful insights to builders, which is anticipated to drive the market for BIM in construction. In addition, the potential deployment of AI-enabled BIM software is estimated to enhance the accuracy of construction processes, which is predicted to fuel the industry growth. With the increasing investments to boost the capabilities of BIM software, the BIM in construction industry is poised to grow robustly in the forecast period.
The rising trend of green buildings is increasing the requirement for optimal designs, building techniques, and strategies for their construction. This, in turn, is leading to a surge in the adoption of BIM to produce and analyse the capabilities of sustainable designs, which is driving the growth of the industry. Additionally, BIM also enables engineers to compare the energy and resource efficiency during construction, which is significantly contributing to the market growth.
Key Industry Players in the Global BIM in Construction Market
The report presents a detailed analysis of the following key players in the global BIM in construction market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Autodesk Inc.
- Aveva Group PLC
- Hexagon AB
- Oracle Corporation
- Procore Technologies, Inc.
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Phase of Work, End-User, Application, Deployment Model, Region |
| Breakup by Phase of Work | Construction, Operation |
| Breakup by End-User | Engineers, Contractors |
| Breakup by Application | Residential, Non-Residential |
| Breakup by Deployment Model | On-Premise, Cloud-based |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Autodesk Inc., Aveva Group PLC, Hexagon AB, Oracle Corporation, Procore Technologies, Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global BIM in Construction Market Analysis
8.1 Key Industry Highlights
8.2 Global BIM in Construction Historical Market (2018-2022)
8.3 Global BIM in Construction Market Forecast (2023-2028)
8.4 Global BIM in Construction Market by Phase of Work
8.4.1 Construction
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Operation
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global BIM in Construction Market by End-User
8.5.1 Engineers
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Contractors
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global BIM in Construction Market by Application
8.6.1 Residential
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Non-Residential
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global BIM in Construction Market by Deployment Model
8.7.1 On-Premise
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Cloud-based
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.8 Global BIM in Construction Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America BIM in Construction Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe BIM in Construction Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific BIM in Construction Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America BIM in Construction Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa BIM in Construction Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Autodesk Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Aveva Group PLC
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Hexagon AB
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Oracle Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Procore Technologies, Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global BIM in Construction Market: Key Industry Highlights, 2018 and 2028
2. Global BIM in Construction Historical Market: Breakup by Phase of Work (USD Million), 2018-2022
3. Global BIM in Construction Market Forecast: Breakup by Phase of Work (USD Million), 2023-2028
4. Global BIM in Construction Historical Market: Breakup by End-User (USD Million), 2018-2022
5. Global BIM in Construction Market Forecast: Breakup by End-User (USD Million), 2023-2028
6. Global BIM in Construction Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global BIM in Construction Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global BIM in Construction Historical Market: Breakup by Deployment Model (USD Million), 2018-2022
9. Global BIM in Construction Market Forecast: Breakup by Deployment Model (USD Million), 2023-2028
10. Global BIM in Construction Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global BIM in Construction Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America BIM in Construction Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America BIM in Construction Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe BIM in Construction Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe BIM in Construction Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific BIM in Construction Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific BIM in Construction Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America BIM in Construction Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America BIM in Construction Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa BIM in Construction Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa BIM in Construction Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global BIM in Construction Market Structure
Key Questions Answered in the Report
In 2021, the global BIM in construction market attained a value of nearly USD 3.3 billion.
The market is projected to grow at a CAGR of 15.20% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 7.6 billion by 2027.
The market is being aided by the rising demand for rapid construction, the increasing use of BIM to prevent accidents on construction sites, and the growing adoption of cloud-based BIM.
The industry is expected to be fuelled by the rising development of green buildings, the growing demand for automation in the construction industry, and the integration of artificial intelligence (AI) in BIM software.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major phases of BIM in construction in the industry are construction and operation.
The various end-users of BIM in construction are engineers and contractors.
The significant applications in the market are residential and non-residential.
The different deployment models of BIM in construction are on-premise and cloud-based.
The major players in the industry are Autodesk Inc., Aveva Group PLC, Hexagon AB, Oracle Corporation, and Procore Technologies, Inc., among others.
Analyst Review
The global BIM in construction market attained a value of nearly USD 3.3 billion in 2021, driven by the rising adoption of cloud-based BIM in the construction industry. Aided by the integration of artificial intelligence (AI) in BIM software, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 15.20%. The market is projected to reach about USD 7.6 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its phases of work, the BIM in construction industry can be segmented into construction and operation. On the basis of end-users, the industry is divided into engineers and contractors. By application, the market is categorised into residential and non-residential. Based on deployment model, the market is bifurcated into on-premise and cloud-based. The major regional markets for BIM in construction are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Autodesk Inc., Aveva Group PLC, Hexagon AB, Oracle Corporation, and Procore Technologies, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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