Building Information Modeling (BIM) Market Report by Offering Type (Software, Services), Deployment Mode (On-premises, Cloud-based), Application (Preconstruction, Construction, Operations), End Use Sector (Commercial, Residential, Industrial), End User (Architects and Engineers, Contractors and Developers, and Others), and Region 2024-2032

Building Information Modeling (BIM) Market Report by Offering Type (Software, Services), Deployment Mode (On-premises, Cloud-based), Application (Preconstruction, Construction, Operations), End Use Sector (Commercial, Residential, Industrial), End User (Architects and Engineers, Contractors and Developers, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A2377
Buy Now

Building Information Modeling (BIM) Market Size:

The global building information modeling (BIM) market size reached US$ 8.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 28.4 Billion by 2032, exhibiting a growth rate (CAGR) of 13.7% during 2024-2032. The market is experiencing steady growth driven by the growing awareness about maintaining sustainability, rising focus on cost-effective solutions, and technological advancements, such as the integration of digital tools, three-dimensional (3D) modeling software, cloud computing, and data analytics.

Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 8.6 Billion
Market Forecast in 2032
US$ 28.4 Billion
Market Growth Rate (2024-2032) 13.7%

Building Information Modeling (BIM) Market Analysis:

  • Market Growth and Size: The market is witnessing robust growth on account of the increasing focus on green building initiatives, along with the rising need for improved project efficiency.
  • Technological Advancements: Integration of artificial intelligence (AI) and machine learning (ML) benefit in enhancing predictive analytics within BIM systems.
  • Industry Applications: BIM finds applications in architecture, engineering, and urban planning.
  • Geographical Trends: North America leads the market, which can be accredited to the thriving construction industry. However, Asia Pacific is emerging as a fast-growing market due to favorable government initiatives.
  • Competitive Landscape: Key players are investing in research and development (R&D) activities to create and enhance BIM software solutions.
  • Challenges and Opportunities: While the market faces challenges, such as data security concerns, it also encounters opportunities in providing specialized BIM solutions for specific industries.
  • Future Outlook: The future of the building information modeling (BIM) market looks promising, with the integration of BIM in smart city projects. Furthermore, the increasing adoption of advanced technologies in the construction sector is anticipated to bolster the market growth.
     

Global Building Information Modeling (BIM) Market Report

Building Information Modeling (BIM) Market Trends:

Technological advancements

Technological advancements in BIM, such as the integration of digital tools, three-dimensional (3D) modeling software, cloud computing, and data analytics, assist in enhancing the construction and design of infrastructure. In addition, the rising adoption of BIM software due to its user-friendliness is supporting the market growth. Apart from this, cloud-based BIM solutions allow for real-time collaboration among project stakeholders, regardless of their physical location, fostering seamless communication and data sharing. Moreover, the integration of artificial intelligence (AI) and machine learning (ML) within BIM systems offers predictive analytics, enabling enhanced decision-making and problem-solving during project execution. In line with this, augmented reality (AR) and virtual reality (VR) technologies allow stakeholders to visualize BIM models in immersive environments. This aids in design reviews, client presentations, and on-site construction supervision. Furthermore, mobile applications for BIM enable field workers to access project information on-site, enhancing coordination, reducing errors, and improving the overall quality of project.

Rising focus on cost-effective solutions

The escalating demand for BIM on account of the rising focus on cost-effective solutions is propelling the growth of the market. In line with this, BIM contributes to substantial financial benefits by enhancing collaboration, reducing errors, and optimizing resource allocation. Moreover, it allows construction professionals to identify and resolve issues before they escalate and minimize costly rework through improved coordination and clash detection. Apart from this, it facilitates efficient resource utilization, leading to reduced material wastage and labor costs. In addition, the increasing adoption of BIM, as it minimizes delays and ensures that projects are completed on schedule and within budget, is contributing to the market growth. Furthermore, BIM facilitates collaborative design and decision-making among architects, engineers, contractors, and other stakeholders. This reduces the need for costly revisions and change orders, saving both time and money. Additionally, BIM integration with prefabrication and modular construction methods enables the off-site fabrication of building components. This results in faster construction, reduced labor costs, and minimized on-site disruptions.

Increasing awareness about maintaining sustainability

The rising awareness among individuals about maintaining sustainability is bolstering the growth of the market. In line with this, BIM provides essential tools for designing and constructing eco-friendly buildings. It allows architects and engineers to model energy-efficient systems, optimize material usage, and assess environmental impact. Moreover, BIM helps in achieving green building certifications and adhering to stringent environmental regulations by simulating the performance of sustainable design features. Besides this, the increasing adoption of BIM to reduce the carbon footprint and promote environmentally responsible construction practices is propelling the market growth. In addition, BIM tools can simulate the energy performance of the building, allowing for the optimization of heating, ventilation, and air conditioning (HVAC) systems, insulation, and other factors that impact energy efficiency. This results in buildings that consume less energy, reduce operational costs, and have a smaller carbon footprint. Apart from this, BIM allows for the evaluation of different construction materials based on their sustainability credentials.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

Building Information Modeling (BIM) Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on offering type, deployment mode, application, end use sector, and end user.

Breakup by Offering Type:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Software
  • Services
     

Software accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the offering type. This includes software and services. According to the report, software represented the largest segment.

Software comprises digital tools and platforms that enable users to create, manage, and manipulate three-dimensional (3D) models and associated project data. These software solutions are central to the BIM workflow and play a crucial role in facilitating collaboration and project management. Design and modeling software tools are used for creating 3D models and designs of buildings and infrastructure. Project management and collaboration software facilitate project planning, communication, and data sharing among stakeholders. Analysis and simulation software tools provide capabilities for simulating various aspects of construction, such as structural analysis, energy efficiency, and clash detection.

Services encompass a range of professional offerings that support the implementation and utilization of BIM in construction projects. These services are provided by BIM consulting firms and experts. BIM consulting and implementation services assist organizations in adopting BIM methodologies, workflows, and best practices. Moreover, BIM training and education are designed to upskill professionals in using software effectively.

Breakup by Deployment Mode:

  • On-premises
  • Cloud-based
     

On-premises holds the largest market share

A detailed breakup and analysis of the market based on the deployment mode have also been provided in the report. This includes on-premises and cloud-based. According to the report, on-premises accounted for the largest market share.

On-premises BIM solutions involve software and infrastructure that are installed and operated locally on the servers and computers of organizations. Organizations have full control over their data and BIM software, which benefits in maintaining data security. On-premises BIM software can be customized to meet specific project or organizational needs. They require a significant upfront investment in hardware, software licenses, and IT infrastructure.

Cloud-based BIM solutions, also known as software as a service (SaaS) offering, are hosted and delivered via the cloud, accessible through web browsers or mobile applications. They can be accessed from anywhere with an internet connection, promoting remote collaboration and flexibility. Cloud solutions offer scalability, allowing organizations to easily adjust resources and licensing based on project requirements. They have a subscription-based or pay-as-you-go pricing model, reducing the upfront capital expenditure.

Breakup by Application:

  • Preconstruction
  • Construction
  • Operations
     

Preconstruction represents the leading market segment

The report has provided a detailed breakup and analysis of the market based on the application. This includes preconstruction, construction, and operations. According to the report, preconstruction represented the largest segment.

Preconstruction applications of BIM involve its use in the initial phases of a building or infrastructure project, ranging from conceptual design through detailed planning and preparation before construction begins. BIM aids in creating 3D models for conceptual design, helping stakeholders visualize the appearance and layout of projects. It facilitates collaboration among architects, engineers, and designers, ensuring that design elements are coordinated and clash-free. BIM software can generate accurate cost estimates, helping project stakeholders develop budgets and financial plans.

Construction involves its use during the actual building phase, encompassing activities from project initiation to completion. BIM software helps construction managers with scheduling, resource allocation, and progress tracking. It also identifies clashes and conflicts in design and construction and reduces rework and delays. In addition, it assists in accurate material quantity calculations and procurement.

Operations focus on using BIM models and data for the maintenance, management, and operation of built assets after construction. BIM supports facilities managers in maintaining and optimizing building performance by providing detailed information about systems, equipment, and spaces. BIM data is used to track asset performance, plan maintenance, and make informed decisions throughout the lifecycle of assets. It aids in energy-efficient operations by monitoring and optimizing building systems for sustainability.

Breakup by End Use Sector:

  • Commercial
  • Residential
  • Industrial
     

Commercial exhibits a clear dominance in the market

The report has provided a detailed breakup and analysis of the market based on the end use sector. This includes commercial, residential, and industrial. According to the report, commercial represented the largest segment.

The commercial sector includes a wide range of projects, such as office buildings, retail spaces, hotels, and entertainment venues. BIM is used for designing and planning office spaces efficiently, ensuring optimal space utilization and functionality. It aids in designing retail store layouts for improved product placement. It also supports the design and construction of hotels and hospitality facilities, enhancing guest experiences.

The residential sector encompasses housing projects ranging from single-family homes to multi-unit residential complexes. BIM assists architects in designing residential structures, optimizing layouts, and ensuring compliance with building codes. It streamlines construction planning and scheduling for residential projects while reducing construction timelines. It is also used for customizing home designs to meet individual client preferences.

The industrial sector includes projects, such as factories, warehouses, manufacturing facilities, and industrial infrastructure. BIM supports the efficient layout and design of manufacturing facilities, optimizing workflow and equipment placement. Moreover, BIM data is used for managing and maintaining industrial plants and facilities, enhancing operational efficiency.

Breakup by End User:

  • Architects and Engineers
  • Contractors and Developers
  • Others
     

Architects and engineers represent the biggest market share

The report has provided a detailed breakup and analysis of the market based on the end user. This includes architects and engineers, contractors and developers, and others. According to the report, architects and engineers represented the largest segment.

Architects and engineers are utilizing BIM for creating detailed 3D models of building designs, enabling improved visualization and exploration of design alternatives. Engineers utilize BIM for structural analysis and simulation, ensuring the structural integrity of the building. BIM facilitates collaboration between architects and engineers, ensuring that design elements are coordinated and that any conflicts or clashes are identified and resolved early.

Contractors and developers are primarily responsible for the construction and execution phases of a project. They use BIM to create detailed construction schedules and plans and optimize resource allocation and sequencing. It identifies clashes and conflicts in the design and construction phase, reducing costly rework and delays. Contractors and developers leverage BIM for accurate cost estimation, budget management, and procurement.

Breakup by Region:

 

 
 

 

To get more information about this market, Request Sample

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

North America leads the market, accounting for the largest building information modeling (BIM) market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share due to the presence of advanced information technology (IT) infrastructure. In addition, the growing demand for BIM due to the thriving construction industry in the region is offering a positive market outlook. Furthermore, the increasing focus on green building practices is supporting the market growth.

Asia Pacific stands as another key region in the market, driven by favorable government initiatives. Apart from this, the wide availability of skilled labor, along with the rising number of BIM professionals in the region, is propelling the growth of the market.

Europe maintains a strong presence in the market, with the increasing adoption of BIM tools for designing and constructing eco-friendly structures. In addition, the rising number of infrastructure projects is impelling the market growth.

Latin America exhibits growing potential in the building information modeling (BIM) market on account of the increasing focus on green building initiatives. In line with this, the increasing utilization of BIM for project planning, design, coordination, and execution is supporting the market growth.

The Middle East and Africa region shows a developing market for building information modeling (BIM), primarily driven by favorable government initiatives. Besides this, the rising adoption of BIM technologies for accurate infrastructure development is impelling the market growth.

Leading Key Players in the Building Information Modeling (BIM) Industry:

Key players are investing in research and development (R&D) activities to create and enhance BIM software solutions. They are focusing on improving features, usability, and compatibility with other software platforms. In addition, various companies are offering training programs and resources to educate professionals about the effective use of their BIM tools in the construction and design industries. Besides this, they are working on integrating their software with other construction-related technologies, such as project management software, to offer comprehensive solutions for project stakeholders. Furthermore, companies are offering customization services to tailor BIM software to specific projects and client requirements, ensuring it meets the unique needs of different users.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

  • ABB Ltd.
  • AECOM
  • Autodesk Inc.
  • Aveva Group Plc (Schneider Electric)
  • Beck Technology Ltd.
  • Bentley Systems Incorporated
  • Dassault Systèmes SE
  • Hexagon AB
  • Nemetschek SE
  • Trimble Inc.
     

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

  • November 25, 2022: Bentley Systems Incorporated announced new capabilities of its iTwin Platform, significantly extending the scope and interoperability of infrastructure data that engineering firms and owner-operators can use to create and leverage digital twins in design, construction, and operations workflows.
  • September 27, 2022: Autodesk Inc. announced a suite of new capabilities across Autodesk Construction Cloud, making it easier for construction project teams to use and maximize the value of BIM from the office to the field. The enhancements provide all stakeholders with immediate access to model data and information, empowering team members to simplify workflows and make critical decisions faster. 
  • March, 2023: Trimble Inc. introduced the latest versions of its Tekla® software for constructible BIM, structural engineering and steel fabrication management. Tekla Structures 2023, Tekla Structural Designer 2023, Tekla Tedds 2023 and Tekla PowerFab 2023 offer significant improvements in construction productivity, efficiency, and quality.

Building Information Modeling (BIM) Market Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Scope of the Report Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
  • Offering Type
  • Deployment Mode
  • Application
  • End Use Sector
  • End User
  • Region
Offering Types Covered Software, Services
Deployment Modes Covered On-premises, Cloud-based
Applications Covered Preconstruction, Construction, Operations
End Use Sectors Covered Commercial, Residential, Industrial
End Users Covered Architects and Engineers, Contractors and Developers, Others
Regions Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABB Ltd., AECOM, Autodesk Inc., Aveva Group Plc (Schneider Electric), Beck Technology Ltd., Bentley Systems Incorporated, Dassault Systèmes SE, Hexagon AB, Nemetschek SE, Trimble Inc., etc.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Benefits for Stakeholders:

  • IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the building information modeling (BIM) market from 2018-2032.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the global building information modeling (BIM) market.
  • The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the building information modeling (BIM) industry and its attractiveness.
  • The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.

Key Questions Answered in This Report

The global building information modeling (BIM) market was valued at US$ 8.6 Billion in 2023.

We expect the global building information modeling (BIM) market to exhibit a CAGR of 13.7% during 2024-2032.

The rising applications of building information modeling software to plan, design, construct, and manage buildings and infrastructures are primarily driving the global building information modeling (BIM) market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing demand for Building Information Modeling (BIM) software across several infrastructural projects to remotely create a precise geometric virtual model with all the components and structures involved.

Based on the offering type, the global building information modeling (BIM) market can be segmented into software and services. Currently, software holds the majority of the total market share.

Based on the deployment mode, the global building information modeling (BIM) market has been divided into on-premises and cloud-based, where on-premises deployment currently exhibits a clear dominance in the market.

Based on the application, the global building information modeling (BIM) market can be categorized into preconstruction, construction, and operations. Currently, preconstruction accounts for the majority of the global market share.

Based on the end use sector, the global building information modeling (BIM) market has been segregated into commercial, residential, and industrial. Among these, the commercial sector currently holds the largest market share.

Based on the end user, the global building information modeling (BIM) market can be bifurcated into architects and engineers, contractors and developers, and others. Currently, architects and engineers exhibit a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global building information modeling (BIM) market include ABB Ltd., AECOM, Autodesk Inc., Aveva Group Plc (Schneider Electric), Beck Technology Ltd., Bentley Systems Incorporated, Dassault Systèmes SE, Hexagon AB, Nemetschek SE, and Trimble Inc.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Building Information Modeling (BIM) Market Report by Offering Type (Software, Services), Deployment Mode (On-premises, Cloud-based), Application (Preconstruction, Construction, Operations), End Use Sector (Commercial, Residential, Industrial), End User (Architects and Engineers, Contractors and Developers, and Others), and Region 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More