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Rapid Increase in Use of Building Information Modeling (BIM) for Infrastructure Projects Expected to Reach $8,646.47 Million by 2020

Building Information Modeling Market by End users, Types (Software, Services), Applications (Commercial, Residential, Educational, Industrial, Healthcare, Entertainment, and sports) and by Geography - Analysis and Forecast 2013 – 2020.

The building information modeling market is expected to grow from a market share of $2640.12 Million in 2013 to $8646.47 Million by 2020 at a CAGR of 16.72%.

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The building information modeling market is growing rapidly in many segments and applications with some of the fast growing applications likely to double by 2020 in terms of market shares. Newer applications and uses are continuously being devised for this technology, which will further propel the market in the coming five years.

The report segments the building information modeling market on the basis of different end-users, types, applications, and geographies. Furthermore, it contains revenue forecasting and analyses trends in the market. The geographic analysis contains an in-depth classification for North America, Europe, and APAC, which contain major countries covering the market. The Middle-East and Africa have been classified under RoW. Each of these geographies has been further split by the major countries existing in this market. The sections and sub-segments in the report contain drivers, restraints, opportunities, current market trends, and the technology expected to revolutionize the building information modeling (BIM) domain.

Building information modeling market report has been defined as the process which is implemented with different types of software and services available for various end-users such as contractors, architects, developers, Facilities Managers (FMs), building product manufacturers, and others across different fields such as commercial, residential, educational, healthcare, entertainment, sports, and so on.

Players involved in the development of building information modeling market include Archidata Inc.(Canada), Asite Solutions Pvt. Ltd. (U.K.), Autodesk, Inc. (U.S.), Beck Technology Ltd. (U.S.), Bentley Systems, Inc.(U.S.), Dassault Systèmes S.A (France), Design Data(U.S.), Nemetschek AG (Germany), Solibri Inc.(Finland), and Trimble Navigation, Ltd.(U.S.).

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Furthermore, it contains revenue forecasting and analyses trends in the market. The geographic analysis contains an in-depth classification for North America, Europe, and APAC, which contain major countries covering the market. The Middle-East and Africa have been classified under RoW. Each of these geographies has been further split by the major countries existing in this market.

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