Skip to main content

Global Business Jet Market: Industry Analysis and Forecast 2021-2027

Building Information Modelling Market: Technological Growth Map with an Impact-Analysis

The global building information modelling (BIM) market features a fairly competitive landscape with the presence of a large number of emerging players and several prominent players, observes Transparency Market Research (TMR). Some of the leading players are AECOM, Bentley Systems, Incorporated, Dassault Systemes S.A., Autodesk, Inc., and Dish’s Wally. Some of the top emerging players are Nemetschek Group and Synchro Software Ltd. Several players are launching scalable and affordable BIM solutions to meet the needs of small and medium-sized enterprises (SMEs) in order to gain a competitive edge over others.





The global building information modelling market stood at of US$2.7 bn in 2014 and is expected to reach a valuation of US$11.5 bn by 2022. The market is projected to rise at a significant CAGR of 19.1% from 2015 to 2022.





Request to View Sample of Report –









North America held the major share in 2015 and is projected to maintain its lead throughout the forecast period attributed to the wide adoption of integrated cloud-based solutions by the construction industry in various developed nations. The opportunities in the regional market is expected to surge to US$4.05 bn by the end of the forecast period.





Based on end user, the BIM market is segmented into end-users, architects, contractors, engineers, and developers. Among these, architects constitute the major end user segment and is projected to dominate throughout the forecast period. The substantial demand for BIM solutions among architects is driven by rapidly burgeoning engineering and construction projects.





The demand for improving productivity and competitiveness in the architecture, engineering, and construction industry is a key factor driving the adoption of building information modeling. The benefit of BIM solutions to simplify the complexity of various construction projects has led to its extensive adoption in various developed markets such as the U.S. and the U.K.





The presence of favorable government policies in various developing and developed nations has boosted the uptake of BIM solutions. For instance, the Government of Russia has recently approved a roadmap for the implementation of BIM across different stages of the life cycle of any capital facility. This will increasingly pave way for strategic development of building information modeling solutions for numerous civil construction projects in the nation. The demand for digitization of construction projects among policy makers in several countries of Europe is also expected to catalyze the growth of the building information modelling market.





The functionality of building information modelling to facilitate better collaboration across various stakeholders in the value chain in the construction industry is expected to boost its adoption in developed countries. In addition, the successful implementation of BIM by contractors and architects is largely motivated by better estimation of budgeting and the marked reduction in the maintenance cost. The popularity of automated BIM solutions over 3D building models is driven by the need for adoption in budget estimation, thereby accentuating the market.





The high capital investment required due for engaging the services of consulting firms is a key factors hindering the adoption of BIM, especially among SMEs. Furthermore, the paucity of required technical skill may impede the market to an extent. Nevertheless, the advent of scalable and cost-effective cloud-based BIM solutions has led an increased adoption among SMEs who have budget constrained or may lack adequate infrastructure. This is expected to open up lucrative growth avenues for market players in the coming years.





Numerous training sessions conducted in developed regions to demonstrate the use of BIM are developments expected to positively impact the market in the forthcoming years. Furthermore, the fast growing construction projects in urban areas in developing regions is further expected to accentuate the building information modelling market.





Request to View Brochure of Report –








Comments

Popular posts from this blog

Global Tablet Market: Industry Analysis and Forecast 2021-2027

  Global Tablet Market . The report will give the past market trends from 2015-2020 and forecast from 2021 to 2027 by considering 2020 a differently. The report forecast that market for Tablet will reach to XX Bn by 2027 and has given the regional break up by countries.   Get Free Sample Report: https://www.maximizemarketresearch.com/request-sample/115033 The report has covered the market drivers and different strategies implemented by key players for expansion and to retain their client base by focusing on market leaders, market followers and new entrants in the market or region. The drivers of the market and revenue of each key players in each segment are analysed to give deep insights in brief to make user understand the market scenario in less time. While forecasting for each year, rational behind forecast are given that are supposed to drive or restrain the market. Focus on each players and their sales by unit by brand make this report unique in the industry. The Tablet market fac

How lead generation has become a boon for businesses?

Be it a small or a large organization, lead generation is a service that is bringing business to all the companies. Lead generation is actually the blood in the vein of all organizations and giving a meaning even to run businesses. People who are aware of this service. Very good for you, but a lot of you must be thinking what exactly is this Lead generation and the Leads? Well, lead can be anyone,(typically a curious customer) who is interested in your service or product or looking for it already. A lead can come through various sources, like website, business page, word of mouth or even a call. It is the most important aspect of online marketing and helps in developing curiosity among people for your services and products so that they come running to you to buy them. Now when we know what lead is now it’s time to know why it’s so important in today’s businesses? Do you know the majority of salespeople are losing their will thinking that why they are not getting more customers? why th

Best Psychic In Paris | Best Psychic Reading Specialist in Paris

Guruji who had abilities altogether dimensions of astrology aptitudes. The Best Psychic in Paris through his understanding and learning on Astrology has helped a big number of his customers keep it up with a glad life. You will totally depend upon astrologer for his proposals. He will examine your horoscope outline, the planetary positions, their impact and you will mention your issues with him. He will provides a total account all of your issues whether its issues identified with hitched life, love connections, or on the off chance that you simply are confronting any medical issues, then forth. Our Guruji who is that the Best psychic reader can lookout of any issue of his customer and has been constantly fruitful. It is safe to mention that you simply are having a harsh time in your life and urgently need direction. Guruji psychic reader is strictly, what you would like. He is a mystic perusing proficient, with numerous long periods of involvement in her field. Through her capacities,