Building Information Modeling Market

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MarketsandMarkets Presents
Building Information Modeling Market worth
8,646.47 Million by 2020
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ilding-information-modeling-market-95037387.html
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According to a new market research report
Building Information Modeling Market by End
users, Types (Software, Services), Applications
(Commercial, Residential, Educational,
Industrial, Healthcare, Entertainment, and
sports) and by Geography - Analysis and Forecast
2013 - 2020, the total value of building
information modeling (BIM)market will be valued
at 8,646.47 Million by 2020 at an estimated CAGR
of 16.72. http//www.marketsandmarkets.com/Marke
t-Reports/building-information-modeling-market-950
37387.html Browse 111 Market Data Tables 80
Figures 230 pagesEarly buyers will receive 10
customization on this report.
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ilding-information-modeling-market-95037387.html
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Building information modeling is a process used
for designing and managing projects throughout
the project life cycle. The overall value chain
of the building information modeling market is
closely interlinked with the traditional
construction processes value chain and has been
expanding rapidly and shaping into a strong,
well-connected chain over the past few years.
Several new product developments and models have
come up, owing to the application potential of
BIM in various applications. The building
information modeling market is certainly a
fragmented one, for the BIM process has found
uses in major fields such as commercial,
residential, educational, and healthcare. The
industrial field offers a huge potential for BIM
to grow, especially due to the advanced and
suitable features offered by the BIM process over
the other ones. Commercial is the primary field
responsible for the commercial birth of building
information modeling on a large scale, while the
healthcare field is still an emerging market,
offering higher chances for the building
information modeling process to penetrate.
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ilding-information-modeling-market-95037387.html
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The report segments the building information
modeling market on the basis of types of
different end-users, types, applications, and
geographies. Furthermore, it contains revenue
forecasting and analyses trends in the market.
The geographic analysis contains an in-depth
classification for North America, Europe, and
APAC, which contains major countries covering the
market. The Middle-East and Africa have been
classified under RoW. Each of these geographies
has been further split by the major countries
existing in this market. The sections and
sub-segments in the report contain drivers,
restraints, opportunities, current market trends,
and the technology expected to revolutionize the
BIM domain.
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ilding-information-modeling-market-95037387.html
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The building information modeling market is
expected to grow from a market share of 2640.12
million in 2013 to 8646.47 million by 2020 at a
CAGR of 16.72. This market is growing rapidly in
many segments and applications with some of the
fast growth applications likely to double by 2020
in terms of market shares. Newer applications and
uses are continuously being devised for this
technology, which will further propel the market
growth in the coming five years. This growth is
expected due to the growing industrial sector for
the building information modeling
market. Players involved in the development of
building information modeling market include
Archidata Inc.(Canada), Asite Solutions Pvt. Ltd.
(U.K.), Autodesk, Inc. (U.S.), Beck Technology
Ltd. (U.S.), Bentley Systems, Inc.(U.S.),
Dassault Systèmes S.A (France), Design
Data(U.S.), Nemetschek AG (Germany), Solibri
Inc.(Finland), and Trimble Navigation,
Ltd.(U.S.).
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ilding-information-modeling-market-95037387.html
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ilding-information-modeling-market-95037387.html
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