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Global Building Information Modeling Software Market to Grow at 17.04% CAGR to 2020, Technological Advances in Construction Industry

The Report Global Building Information Modeling Software Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz

 

Albany, NY -- (SBWIRE) -- 02/21/2017 -- About BIM Software

Factors, such as government mandates and support to use BIM solutions in construction projects, are driving the growth of the global BIM market. Governments in countries such as the US, the UK, and Singapore are promoting the use of BIM in construction as it helps to minimize errors and time taken for the execution of the construction projects. BIM software enables the creation of a vector-based representation of building plans in 3D formats for construction projects of buildings, railways, and roads among others. BIM not only presents a digital representation of physical characteristics but also captures the necessary data during the construction phase.

Technavios analysts forecast the global BIM software market to grow at a CAGR of 17.04% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global BIM software market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of BIM software worldwide.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global BIM Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Autodesk
AVEVA
Bentley Systems
Hexagon
NEMETSCHEK
Trimble

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Other prominent vendors
4M
CYPE Ingenieros
Dassault Systmes
Newforma
HSS Group
Pinnacle Infotech
Viewpoint Systems

Market driver
Growing government initiatives to support BIM adoption
For a full, detailed list, view our report

Market challenge
Rise in use of open-source software
For a full, detailed list, view our report

Market trend
Increasing popularity of cloud-based BIM solutions
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

Table of Contents

Table of Contents
PART 01: Executive summary
Key findings
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Global construction market: Overview
Global construction market
PART 06: Market overview
Technological advances in construction industry
BIM technology landscape
PART 07: Market size and forecast
Market size and forecast
PART 08: Geographical segmentation
BIM software market in EMEA
BIM software market in Americas
BIM software market in APAC
PART 09: Market drivers
Growing government initiatives to support BIM adoption
Need to reduce time taken for project completion
Increasing need to reduce project risk
Growth of global construction industry
PART 10: Impact of drivers
PART 11: Market challenges
Data security and privacy
Rise in use of open-source software
High cost of BIM software deployment
Resistance to adopt new technologies
PART 12: Impact of drivers and challenges
PART 13: Market trends
3D laser scanning in BIM
Increasing popularity of cloud-based BIM solutions
Availability of 5D BIM
Increased adoption of mobile apps for BIM
PART 14: Impact of trends
PART 15: Buying criteria
Cost
Interoperability
Scalability
Deployment options
Services and support
PART 16: Five forces analysis

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