Building Information Modeling Software Market Size [2022-2029] Industry Trends, Share, Growth, SWOT Analysis, Market Drivers

 The global Building Information Modeling Software Market Size is expected to rise with an impressive CAGR and generate the highest revenue by 2029. Fortune Business Insights™ in its latest report published this information. The report is titled "Building Information Modeling Software Market Size, Share and Trends Forecast". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period [2022 - 2029].

  • Fortune Business Insights says that the market value stood at US $ 5.2 Billion in 2019
  • By 2027, the Building Information Modeling Software Market size is expected to reach US $ 11.96 Billion
  • The market is expected to grow at a CAGR of 11.1% in the forecast period (2020-2027).
  • The growth rate of the Global Building Information Modeling Software Market is 11.1%, with an estimated value of US $ 11.96 Billion million by 2027.

Gather more insights about the market drivers, restrains and growth of the Global Building Information Modeling Software Market

Driving Factor:

High Demand for Commercial and Personal Infrastructures to Aid Growth

Nowadays, various cities worldwide are experiencing rapid improvements and technological developments. Hence, many people have started shifting to metropolitan cities. The surging demand for enhanced infrastructure for commercial and personal requirements in urban areas would propel the BIM market growth in the upcoming years. However, building information Modeling software solutions require constant service and maintenance. It therefore involves high cost spending. This factor may obstruct growth.


Major companies in Building Information Modeling Software Market Report are:

  • Autodesk Inc. (California, United States)
  • Dassault Systèmes SA (Vélizy-Villacoublay, France)
  • Bentley Systems Inc. (Pennsylvania, United States)
  • Nemetschek AG (Munich, Germany)
  • Beck Technology Ltd. (Texas, United States)
  • AVEVA Group Plc. (Cambridge, United Kingdom)
  • Hexagon AB (Sweden)
  • Pentagon Solution Ltd. (Belfast, N. Ireland)
  • Trimble Ltd. (California, United States)
  • Synchro Software Ltd. (London, UK)
  • Pinnacle Infotech (Mumbai, India)
  • Planon Group (Boston, United States)
  • LOD Planner Inc. (Los Angeles, United States)
  • ACCA software S.p.A. (Campania, Italy)
  • Vectorworks, Inc. (Maryland, United States)
  • Revit Modeling India (Gujrat, India)
  • Robert Mcneel & Associates (Washington, United States)

Pre-Post COVID-19 Impact on Global Building Information Modeling Software Market

COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks. 

In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Building Information Modeling Software Market, since end-user industries were still not operating at their full capacity.

Secondary Research:

This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global Building Information Modeling Software Market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research:

Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.

Estimation of Market Size

The total size of the Building Information Modeling Software Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:

Extensive secondary research was used to identify the industry’s key players.

The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.

All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.

FAQ's:

1. How big is Building Information Modeling Software Market?

The global building information modeling software market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 11.1% during the forecast period, to Reach USD 11.96 Billion by 2027, from USD 5.2 Billion in 2019

2. Who is the market leader in Building Information Modeling Software?

 Autodesk Inc., Dassault Systèmes SA, Bentley Systems Inc., Nemetschek AG, Beck Technology Ltd., AVEVA Group Plc., Hexagon AB, Pentagon Solution Ltd., Trimble Ltd., Synchro Software Ltd., Pinnacle Infotech, Planon Group, LOD Planner Inc., ACCA software S.p.A., Vectorworks, Inc., Revit Modeling India, Robert Mcneel & Associates
 
3. Which region is expected to hold the highest market share?
 
Europe is expected to hold the highest market share.

Major Points in Table of Content:

  • Introduction
    • Definition, By Segment
    • Research Methodology/Approach
    • Data Sources
  • Key Takeaways
  • Market Dynamics
    • Macro and Micro Economic Indicators
    • Drivers, Restraints, Opportunities and Trends
    • Impact of COVID-19
      • Short-term Impact
      • Long-term Impact
  • Competition Landscape
    • Business Strategies Adopted by Key Players
    • Consolidated SWOT Analysis of Key Players
  • Global Market Share Analysis and Matrix, 2020
  • Key Market Insights and Strategic Recommendations
  • Profiles of Key Players
    • Overview
      • Key Management
      • Headquarters etc.
    • Offerings/Business Segments
    • Key Details
      • Employee Size
      • Key Financials
        • Past and Current Revenue
        • Geographical Share
        • Business Segment Share
    • Recent Developments
  • Annexure / Appendix
    • Global Building Information Modeling Software Market Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029

TOC Continued...!

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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