Published by TMR Research Insights
Posted on August 5, 2021
10 min readLast updated: January 21, 2026
Building Information Modeling (BIM) Solutions Market: Introduction
Transparency Market Research delivers key insights on the global building information modeling (BIM) solutions market. In terms of revenue, the global building information modeling (BIM) solutions market is estimated to expand at a CAGR of ~15% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global building information modeling (BIM) solutions market.
Building information modeling (BIM) is a 3D visual presentation of a technical drawing, which includes plan, elevation, and section of a building. It is a kind of digital fabrication system in which the actual model of the building with accurate value is digitally constructed. Apart from 3D visualization, BIM also covers 4D and 5D, which comprise time and cost plans, respectively.
Besides, building information modeling (BIM) is being widely adopted across the world due to technical advancements in the field of architecture, engineering, and construction (AEC), and the demand for dedicated designing software has increased greatly. As a result, the market is anticipated to witness healthy growth rate during the forecast period.
Building Information Modeling (BIM) Solutions Market: Dynamics
Government initiatives to boost BIM adoption rate: As per the McGraw Hill Construction Report 2018 on business information modeling, approximately 90% of project owners in Germany always or either often demand the usage of BIM software. Meanwhile, 78% of contractors engaged in AEC are using BIM software in South Korea. The development of BIM signals the presence of new possibilities for the construction industry. The adoption of BIM has risen across the globe over the past few years. Few instances of governments supporting the use of BIM in architecture and construction are highlighted below:
For More Industry Insight, Request Sample@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=82309
Building Information Modeling (BIM) Solutions Market: Prominent Regions
North America is projected to hold a strong position in the global building information modeling (BIM) solutions market during the forecast period, due to technological advancements and significant adoption of the BIM technology with the latest trends in technology in the architecture, engineering and construction (AEC) industry in the region. The adoption of BIM solutions have increased considerably in the past few years. Furthermore, growth of the construction industry and increase in awareness about the benefits of BIM tools with its launch in early 2000 are expected to support the market growth in the region. The U.S construction industry has standardized construction standards by using building information modeling (BIM) in order to improve return on investment (ROI) both for contractors and engineers. Additionally, the U.S. Government has mandated the use of the BIM technology for government construction projects in the country.
Buy this Premium Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=82309<ype=S
However, the building information modeling (BIM) solutions market in Asia Pacific is estimated to expand at a robust pace during the forecast period. The market in Asia Pacific is predominantly driven by extensive government policies and investment in smart cities projects. The building information modeling solutions market in Asia Pacific is anticipated to expand at a significant pace during the forecast period due to growing architecture, engineering, and construction industry in China, Japan, India, Australia, and ASEAN.
Additionally, the adoption level of BIM for large construction projects in China is extremely high. Initiatives have been taken by the government to enhance the implementation of BIM for small and medium construction organizations. This, in turn, is likely to trigger the growth of the building information modeling solutions market. Furthermore, initiatives are being taken to boost BIM deployment in member countries of the Association of Southeast Asian Nations (ASEAN) (Cambodia, Malaysia, Laos, Philippines, Singapore, Thailand, Vietnam, Myanmar, and Brunei Darussalam). For instance, Singapore’s Building Construction Authority (BCA) made it mandatory for all new construction to include BIM technologies. This, in turn, is likely to offer significant opportunities to the building information modeling (BIM) solutions market.
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Follow Us: Twitter | LinkedIn
Building Information Modeling (BIM) Solutions Market: Introduction
Transparency Market Research delivers key insights on the global building information modeling (BIM) solutions market. In terms of revenue, the global building information modeling (BIM) solutions market is estimated to expand at a CAGR of ~15% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global building information modeling (BIM) solutions market.
Building information modeling (BIM) is a 3D visual presentation of a technical drawing, which includes plan, elevation, and section of a building. It is a kind of digital fabrication system in which the actual model of the building with accurate value is digitally constructed. Apart from 3D visualization, BIM also covers 4D and 5D, which comprise time and cost plans, respectively.
Besides, building information modeling (BIM) is being widely adopted across the world due to technical advancements in the field of architecture, engineering, and construction (AEC), and the demand for dedicated designing software has increased greatly. As a result, the market is anticipated to witness healthy growth rate during the forecast period.
Building Information Modeling (BIM) Solutions Market: Dynamics
Government initiatives to boost BIM adoption rate: As per the McGraw Hill Construction Report 2018 on business information modeling, approximately 90% of project owners in Germany always or either often demand the usage of BIM software. Meanwhile, 78% of contractors engaged in AEC are using BIM software in South Korea. The development of BIM signals the presence of new possibilities for the construction industry. The adoption of BIM has risen across the globe over the past few years. Few instances of governments supporting the use of BIM in architecture and construction are highlighted below:
For More Industry Insight, Request Sample@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=82309
Building Information Modeling (BIM) Solutions Market: Prominent Regions
North America is projected to hold a strong position in the global building information modeling (BIM) solutions market during the forecast period, due to technological advancements and significant adoption of the BIM technology with the latest trends in technology in the architecture, engineering and construction (AEC) industry in the region. The adoption of BIM solutions have increased considerably in the past few years. Furthermore, growth of the construction industry and increase in awareness about the benefits of BIM tools with its launch in early 2000 are expected to support the market growth in the region. The U.S construction industry has standardized construction standards by using building information modeling (BIM) in order to improve return on investment (ROI) both for contractors and engineers. Additionally, the U.S. Government has mandated the use of the BIM technology for government construction projects in the country.
Buy this Premium Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=82309<ype=S
However, the building information modeling (BIM) solutions market in Asia Pacific is estimated to expand at a robust pace during the forecast period. The market in Asia Pacific is predominantly driven by extensive government policies and investment in smart cities projects. The building information modeling solutions market in Asia Pacific is anticipated to expand at a significant pace during the forecast period due to growing architecture, engineering, and construction industry in China, Japan, India, Australia, and ASEAN.
Additionally, the adoption level of BIM for large construction projects in China is extremely high. Initiatives have been taken by the government to enhance the implementation of BIM for small and medium construction organizations. This, in turn, is likely to trigger the growth of the building information modeling solutions market. Furthermore, initiatives are being taken to boost BIM deployment in member countries of the Association of Southeast Asian Nations (ASEAN) (Cambodia, Malaysia, Laos, Philippines, Singapore, Thailand, Vietnam, Myanmar, and Brunei Darussalam). For instance, Singapore’s Building Construction Authority (BCA) made it mandatory for all new construction to include BIM technologies. This, in turn, is likely to offer significant opportunities to the building information modeling (BIM) solutions market.
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Follow Us: Twitter | LinkedIn
Explore more articles in the Research Reports category
