UAE Building Information Modeling Software Market 2022: Industry Growth, Competitive Analysis, Future Prospects and Fore

Posted by Akio Komatsu on September 9th, 2024

According to MarkNtel Advisors study the UAE Building Information Modeling Software Market is projected to grow at a CAGR of around 22.5% during the forecast period, i.e., 2022-27.

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Key Findings of the Study: UAE Building Information Modeling Software market

Key Driver: Increasing Government Mandates for Building Information Modeling (BIM) Adoption

Various initiatives by the UAE government toward promoting the adoption of BIM technology have served as an added push to its increased demand in the country. The market witnessed modest growth during 2017-19 due to the rise in government mandates for BIM usage across Dubai, coupled with the rapidly expanding construction industry across the country. In 2015, Dubai Municipality issued Circular No. 207 that mandated using BIM solutions in Dubai's architectural & mechanical work for buildings above 20 floors & with areas larger than Dubai Municipality. Abu Dhabi Municipality announced the adoption of BIM technology for all the construction projects to explore innovative solutions for improving costs, timelines, & overall efficiency. Later in June 2019, the Dubai Road & Transport Authority (RTA) transformed its asset management processes into a BIM-enabled system. Hence, all these events indicate that the utilization of BIM solutions in the country shall continue surging significantly in the coming years.

For more detailed information about the UAE Building Information Modeling Software market report, click here – https://www.marknteladvisors.com/research-library/uae-building-information-modeling-software-market.html

Scope of the Report and UAE Building Information Modeling Software Market Segmentation:

By Deployment Mode

• On Premises
• Cloud-Based

By Project Lifecycle

• Pre-Construction Design
• Construction
• Operation
• Renovation & Retrofitting

By Industry

• Residential
• Commercial
• Public Infrastructure
• Healthcare
• Sports & Entertainment
• Industrial
• Oil & Gas

The Cloud-based deployment type dominated the market during the historical period, owing to its cost-effectiveness and easy accessibility.

UAE Building Information Modeling Software Market Development:

• In December 2021, Autodesk Inc. announced to acquire ProEst, a cloud-based estimating solution that generates detailed proposals & reports, manages bid-day processes, and performs digital take-offs. The acquisition would empower construction teams to manage their critical workflows on a single platform and strengthen Autodesk Construction Cloud’s preconstruction offerings.
• In March 2021, Autodesk, Inc. announced the launch of Autodesk Takeoff, which helps estimators perform 2D & 3D quantification workflows from a common data environment to increase collaboration, speed, & accuracy during the estimation process.

Geographical Analysis:

By Regions

• Al Dubai
• Abu Dhabi
• Sharjah
• Others (Fujairah, Ajman and Umm-AL Quwain)

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