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Building Information Modeling Market is expected to reach $9 Billion by 2025 – An exclusive market research report by Lucintel

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Building Information Modeling Market is expected to reach $9 Billion by 2025 – An exclusive market research report by Lucintel

December 02
20:46 2021
Building Information Modeling Market is expected to reach $9 Billion by 2025 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Building Information Modeling Market
Trends, opportunities and forecast in building information modeling market to 2025 by product life cycle (pre-construction, construction, and operation), offering (software and service), end use industry (buildings, civil infrastructure, industrial, utilities, oil & gas, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that building information modeling provides attractive opportunities in buildings, civil infrastructure, oil & gas, industrial, and utilities. The building information modeling market is expected to reach $9 billion by 2025 with a CAGR of 10%. In this market, software is the largest segment by offering, whereas residential and commercial building is largest by end use industry. Development of Artificial Intelligent in BIM, Increasing demand for BIM based cloud collaboration, and emergence of modular construction and prefabrication provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/building-information-modeling-market.aspx

Based on offering, the building information modeling market is segmented into software, and service. The software segment accounted for the largest share of the market in 2020 due to increasing demand in architecture, engineering, and construction (AEC) as it offers various benefits, such as interoperability between applications, easy visualization, and cost effectiveness.

Browse in-depth TOC on “Building Information Modeling Market”

85 – Tables

81 – Figures

198 – Pages

The building information modeling market is marked by the presence of several big and small players. Some of the prominent players offering building information modeling include Autodesk, Nemetschek Group, Hexagon AB, RIB Software, EMGworks, Trimble, Dassault Systemes, Asite Solution, Topcon.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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