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The global BIM in construction market attained a value of about USD 4.38 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 15% to reach nearly USD 15.42 billion by 2032.
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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, 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:
By end-users, the market is divided into:
The market can be broadly categorised on the basis of its application segments into:
Based on deployment model, the market is divided into:
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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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.
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:
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 | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Phase of Work |
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| Breakup by End-User |
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| Breakup by Application |
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| Breakup by Deployment Model |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global BIM in construction market attained a value of nearly USD 4.38 billion.
The market is projected to grow at a CAGR of 15% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 15.42 billion by 2032.
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.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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