Albany, NY -- (SBWIRE) -- 02/22/2019 -- With rapid urbanization and industrialization, a great need to construct various structures is occurring, consequently driving the global building information modeling market. Companies are rapidly churning out user friendly solutions, which promise to drastically increase the demand for BIM solutions in future.

The global building information modeling market is segregated into various segments on the basis of type, solution type, end user industries, and end users. Under end-users, contractors, architects, engineers, and developers comprise the key segments in the market.

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Of these, the architects segment held a leading spot with a share of about 38% in 2014. However, experts believe that the adoption of BIM software solutions could surge among contractors during the forthcoming years, thus making it the leading segment. Furthermore, owing to a rapidly increasing number of construction projects, the architects segments could also portray a leading stance in the global building information modeling market during the forecast period.

By end-use, major segments present in the market are dam, education institutes and commercial spaces, roads, bridges and highways, energy generation facilities, government buildings, houses and apartments, rail transit and aviation, factories and warehouses, and others.

Of these, the roads and highways and rail transit and aviation segments showcase maximum utilization of BIM solutions. Nevertheless, increasing investments in infrastructural development, majorly in developed economies is expected to highly boost the demand of BIM solutions in the roads, highways, and bridges segments, in future.

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Geography-wise, the global building information modeling market is spread across North America, Asia Pacific, the Middle East and Africa, Europe, and Latin America. Of these, North America and Asia Pacific have depicted maximum growth in the market owing to a fantastic demand for BIM solutions. Among both regions, North America portrays a leading presence in the market with a share of over 33% gained in 2014.