info@marketresearchfuture.com 📞 +1 628 258 0071(US)  📞 +44 2035 002 764(UK)
BIM Software Market Research Report - Global Forecast till 2030

BIM Software Market Research Report: Information By Software Model (3D, 4D, 5D and Others), Applications (Buildings, Public Infrastructure, Industrial and Others), End-User (Architects and Engineer, Contractors and Others) and Region (North America, Asia-Pacific, Europe, Middle East & Africa and South America) - Forecast till 2030

ID: MRFR/ICT/7292-CR | November 2020 | Region: Global | 177 pages

BIM Software Market Speak to Analyst Request a Free Sample

BIM Software Market Snapshot


The global BIM Software Market is estimated to grow by 13.75%. BIM is also known as the building information model is high-end 3D software. This solution is used in architecture, building and construction. Professionals have a wide range of applications through BIM software. This software can provide insight for the builders regarding construction projects. These insights are helpful to carry out various tasks.


Constructing, planning and processing are the major tasks. The benefits of this software are plenty that helps the construction industry. Effective collaboration, performance, decision making and project cost estimation are operations through BIM software. The growing construction works in many regions is surging demand for the BIM software market. Residential building construction is increasing in recent years.


 Also, the government is supporting this construction for infrastructural development. Due to these many benefits, the BIM software has a high customer base. The BIM Software Market Segments will boost the profitability of this market. There is both hardware and software-based in the market. However, these software services are gaining more traction in many regions. Further, the preconstruction phase of the market is most preferred among end-users. All these factors will have an immense impact on BIM software market value. 


COVID Analysis 


The global covid pandemic is causing many challenges to the global market. The BIM software market witnesses a few difficulties in this period. BIM is software that helps in the resourceful planning of construction projections. Plan, design, construct and managing the projects are some of the features of this software. Rising urbanisation is a driving factor for this market. Many industries are shutting down.


The production rate and supply chain issues are high for many markets. Pre covid market scenario was profitable for the BIM software market. The rate of residential construction was high leading to high revenue. However, an outbreak of the virus is slowing down market operations. The construction market is suffering from losses. It is impeding the growth of the BIM software market. Onsite constructions have reduced immensely. However, in the upcoming years, BIM software market growth is higher. Innovation in the market will lead to high profitability. 


Market Dynamics 



  • Crucial Market Drivers 


Digital collaborations are crucial drivers of the market. Due to covid 19, the operational strategy of the BIM software market is changing. There are fewer plants, machines, supply and materials available in the pandemic. The covid 19 virus is restricting the operations of the construction industry. However, digital collaborations are tools that sustain the market demand. Remote working is providing more scope for the market. Many architects are working remotely for future projects. The adoption of BIM is higher in the period.


Through remote work handling, customer contracts and project planning is possible. Through digital planning process of the market is improving. These tools in the BIM software are enabling workers to maintain productivity. Engineers and builders are on a common platform by using this technology. Planning and decision making is effective through BIM software. Being in the same ground helps to carry out various tasks efficiently.


Government initiatives are driving demand for the BIM software market. Most governments support construction projects. These buildings enhance the infrastructure of any region. Governmental initiatives for the market will bring more favourable changes. The investments and adoption rate will increase in upcoming years. Also, the future scope for the market is widening due to these factors. 



  • The Market Growth Opportunities 


The growing IoT trend will bring exceptional growth opportunities. IoT model processing is simpler and efficient. The adoption of IoT in BIM software can reduce the overall time on site. With IoT prefabrications are possible in the market. Fabrication in buildings can lead to cost efficiency and construction benefits. Wastage is reduced by half through this process. IoT is the solution to various construction problems.


Tracking prefab, wastage, cost and time to construct is possible through BIM. This launch of IoT in the market will attract many end-users. This will expand the overall BIM Software Market Size. Further, the increase in the sustainable building will provide more scope for the market. Sustainable building has more demand in the market. Sustainable building can reduce overall expenditure by the construction industry.


Also, energy efficiency and environmental friendliness are attainable. The BIM software is a perfect solution for a suitable building. The customer trend to construct sustainable building provides more development possibilities. Rapid urbanization is another factor that will spark growth. In upcoming years, urbanisation is massive. This will lead to new residences and infrastructures. The BIM Software Market Analysis shows stable growth in upcoming years. 



  • The Market Restraints 


The high initial cost of BIM is the restraining factor of the market. The initial cost for the software’s high. Also, the added cost of BIM software is more. Training and services lead to more capital spending by construction industries. In the long run, BIM is software that can guarantee high retunes and less wastage.


 However, high initial cost acts as a barrier to adoption. Long duration of training and cost can affect the market growth. There are much more benefits of the technology that make the cost worthy. Mitigating issues in construction and saving time, resources are remarkable features. Due to these benefits restraints are less effective on market growth. 



  • The Market Challenges 


Low digitization is a challenging factor of the market. Digitization in the construction industry is much lower than in other markets. Lower costs, high performance, quality construction and efficiency are attainable only through BIM.


 Digitalization can bring a wide range of benefits to the market. The project will not go beyond budget when using this technology.. The low adoption rate can slow down innovations and developments in the market. There are long terms benefits for the industry. However, a lack of awareness or inclination to adopt technology can affect market expansion. 


Cumulative Growth Analysis 


BIM Software Market Growth is stable over the forecast period. There are plenty of factors that boost demand in the market. The building application segment of the market is gaining more traction. These applications are used in effective residential and commercial constructions. Digital collaborations are crucial drivers of the market. Remote working is suitable in the pandemic to sustain growth. Also, governmental support is a major factor driving demand. However, the high initial cost is a limitation in the market. Also, less digitization can cause a downfall for the BIM Software Business. There are high market growth opportunities such as IoT that increase profitability. 



  • Value Chain Analysis 


North America is anticipated to dominate the BIM software market. US, Canada and Mexico are major countries that contribute to high growth. North America is an early adopter of BIM technology. Also, it is a region holing maximum BIM Software Market Share. 


There is an innovative approach to construction through BIM. The BIM Software Market Companies create exceptional impact in the region. The contractors, architects and engineers have higher adoption of the technology. This software is essential for every phase of PPP construction. Also, rising investment for the technology will bring much revenue to the market. 


Segment Overview 


By Deployment 



  • Cloud deployment 

  • On-premise deployment 


By Offering Type 



  • Project management 

  • Architectural design 

  • Software management and support 

  • Sustainability 

  • Facility management 

  • Constructions 


By Project Lifecycle 



  • Operation 

  • Preconstruction 

  • Post-construction 


By Application 



  • Utilities 

  • Industrial gas 

  • Civil infrastructure 

  • Building 


By End-Users 



  • Consultants 

  • Architects 

  • Constructors 


By Region 



  • Asia pacific 

  • Europe 

  • North America 


Competitive Landscape 


Competition in the BIM software market is rising. The entrance of new players is possible. Many construction industries are supporting BIM software. Due to this, market expansions, collaborations, acquisitions and partnerships will happen. Also, new technologies and developments in expected in upcoming years. 


Regional Analysis 


The BIM software market is fragmented into Asia Pacific, Europe and North America. North America is a high potential region with maximum shares. Also, construction investments are surging in the market. New product launches and innovations are expected in this region. The Asia Pacific is another region with high market growth.


The rapid urbanisation increase construction in the region. The infrastructural developments are another driving factor of the market. Government support is increasing investment for BIM software. All these factors will contribute to high expansion in Asia pacific market. Europe is the third large regional player. The presence of top BIM Software Market Players will lead to growth. The contributions by these players are immense for the global market. 


The key players of the BIM software market are 



  1. Hexagon

  2. Nemetschek

  3. Trimble 

  4. RIB Software

  5. ASITE  

  6. Autodesk

  7. Bentley Systems

  8. AVEVA

  9. Dassault Systèmes


Recent Developments 



  1. The key players of the market are launching 3D BIM solutions. This development will tract more need users towards the market. 



  1. The key players are updating clod based BIM. This development will lead to effective market operations and storage. 

  2. The key player in establishing a new portfolio for the cloud market. This will boost the overall revenue of the market. 


Market Overview



  1. Market Overview Highlights 

  2. Analysis Based Upon COVID 19

  3. Explanation Upon The Market Dynamics

  4. Value Chain Analysis

  5. Market Segmentation Overview

  6. The Regional Analysis

  7. Competitive Landscape Analysis

  8. Recent Developments



Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :

The global BIM software market valuation can reach BIM Software Market by 2030.

The global BIM software market size in 2018 was USD 3,174.86 million in 2018.

The global BIM software market growth is expected to be 13.75% from 2020 to 2030

Collaboration between architects, engineers, and builders on a common platform, government mandates for adoption of BIM, and efforts for sustainable construction are major growth enablers of the global BIM software market.

Implementation of the software is the major challenge of the global BIM software market.