The global Building Information Modelling (BIM) market size was USD 6.00 Billion in 2021 and register a revenue CAGR of 12.3% over the forecast period, according to the latest analysis by Emergen Research. Rising demand for Virtual Reality (VR) or Augmented Reality (AR) in building construction and compulsory adoption of BIM due to government mandates in various countries are key factors driving global building information modelling market revenue growth. VR software enables Architecture, Engineering, Construction (AEC) professionals to visualize the BIM model in a realistic setting. BIM software provides useful tools for visualizing a building\'s logistical issues and construction impact. Construction managers can predict the installment of construction machinery by observing BIM models. Architects and engineers can use 3D modeling, in identifying space difficulties, collisions, and constraints in design. Additionally, they provide a common environment for many project participants for better cooperation. This is expected to drive revenue growth of the market

The latest Building Information Modelling (BIM) Market study, blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2021 –  2032   .The report is furnished with the latest updates about the current market scenario with regards to the COVID-19 pandemic. The report considers COVID-19 as a key contributor to the dynamically altered market scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

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Covid 19 impact analysis:

The latest report by Emergen Research, titled ‘Global Building Information Modelling Market,’ studies a wide spectrum of factors impacting the performance of the Building Information Modelling market. The report includes a historical analysis of the market from 2017 to 2018 to provide the reader with a deep understanding of the current market scenario. Moreover, it offers accurate market estimations for the forecast period (2019-2027). The latest market research report is a compilation of the latest growth trends and the emerging market segments. The report adeptly draws readers’ attention to the ever-changing patterns of the Building Information Modelling industry and its prominent facets, infrastructural properties, and highly dynamic environment. The report lists down some critically important parameters that help the market bolster its global foothold and contribute substantially to future revenue generation. Our team of experts has included specific details related to the Building Information Modelling industry.

Major companies profiled in the market report include

Autodesk Inc., Bentley Systems, Incorporated, Nemetschek Group, Trimble Inc., Dassault Systèmes, RIB Software SE, Asite, AVEVA Group plc, Hexagon AB, and Bimobject AB.

Research objectives:

The report is the latest document encompassing the profound changes in the market dynamics and trends that followed the COVID-19 outbreak. The global health crisis has led to massive changes in the global economic scenario and, particularly, this business sphere. The pandemic has drastically affected the Building Information Modelling market with disruptions to supply chains and volatility in prices and demands. The remarkable impact of the pandemic on the Building Information Modelling industry and its crucial segments has been depicted in the report. However, the market is expected to regain momentum in the post-COVID scenario, as per market experts.

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https://www.emergenresearch.com/industry-report/building-information-modelling-market  

Emergen Research has segmented the global building information modelling market based on deployment, component, project lifecycle, application, and region:

·         Deployment Outlook (Revenue, USD Billion, 2019–2030)

o    On Premises

o    Cloud

·         Component Outlook (Revenue, USD Billion, 2019–2030)

o    Software

o    Services

·         Project Lifecycle Outlook (Revenue, USD Billion, 2019–2030)

o    Preconstruction

o    Construction

o    Operation

·         Application Outlook (Revenue, USD Billion, 2019–2030)

o    Planning & Modelling

o    Construction & Design

o    Asset Management

o    Building System Analysis & Maintenance Scheduling

o    Others

Regional Outlook:

The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Building Information Modelling market, gauging their revenue share over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Key Objectives of the Global Building Information Modelling Market Report:

·         The report sheds light on the fundamental Building Information Modelling market drivers, restraints, opportunities, threats, and challenges.

·         It elaborates on the new, promising arenas in the leading market regions.

·         It examines the latest research & development projects and technological innovations taking place in the key regional segments.

·         The research report reviews the regulatory framework for creating new opportunities in various regions of the market

·         It focuses on the new revenue streams for the players in the emerging markets.

·         Furthermore, the report offers vital details about the rising revenue shares and the sizes of the key product segments.

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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