Building Information Management (BIM) Market Opportunities, Share, Key Insights by 2031Posted by Akshay Solanki on January 2nd, 2023 Global Building Information Management (BIM) Market report from Global Insight Services is the single authoritative source of intelligence on Building Information Management (BIM) Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Building Information Management (BIM) is a process for creating and managing information about a building or other physical infrastructure. BIM involves creating a digital model of the structure that can be used to track and manage data related to the building. This data can include everything from the dimensions of the building to the location of pipes and electrical wiring. BIM can be used to improve the efficiency of construction projects and to make it easier to manage the maintenance and operations of a building after it is completed.
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Key Trends
There is four key trends in Building Information Management (BIM) technology:
1. The use of BIM to create more energy-efficient buildings:
Building Information Management (BIM) can be used to create more energy-efficient buildings. BIM can be used to create a digital model of a building that can be used to simulate how the building will perform in different scenarios.
2. The use of BIM to create more sustainable buildings:
BIM can also be used to create more sustainable buildings. BIM can be used to create a digital model of a building that can be used to simulate how the building will perform in different scenarios.
3. The use of BIM to create more resilient buildings:
BIM can also be used to create more resilient buildings. BIM can be used to create a digital model of a building that can be used to simulate how the building will perform in different scenarios.
4. The use of BIM to create more user-friendly buildings:
BIM can also be used to create more user-friendly buildings. BIM can be used to create a digital model of a building that can be used to simulate how the building will be used by occupants.
Key Drivers
There are a few key drivers of the Building Information Management (BIM) market. The first driver is the increasing awareness of the benefits of BIM. More and more architects, engineers, and construction professionals are becoming aware of the potential benefits of BIM, such as improved coordination, better quality control, and increased efficiency.
The second driver is the growing availability of BIM software and services. In the past, BIM software was expensive and difficult to use. However, as the software has become more user-friendly and affordable, more companies are adopting BIM.
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The third driver is the increasing demand for BIM-related services. As more companies adopt BIM, there is a growing demand for services such as BIM consulting, BIM training, and BIM implementation.
The fourth driver is the government mandates. In many countries, the government is mandating the use of BIM for public projects. This is driving the adoption of BIM in the private sector.
The fifth driver is the changing nature of the construction industry. The construction industry is becoming more complex, and the use of BIM can help simplify the process.
These are the five key drivers of the Building Information Management (BIM) market.
Market Segments
The building information management market is segmented by component, application, end-user, and region. By component, the market is classified into solutions, and services. Based on the application, it is bifurcated into planning, modeling, construction, and others. On the basis of the end-user, it is divided into architects, engineers, contractors, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Key Players
The global building information management market includes players such as Nemetschek, Autodesk, Bentley Systems, Trimble, Dassault Systemes, RIB Software, ASITE, Aveva, Hexagon, Pentagon Solution Ltd, and others.
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