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Segments and Application of a BIM Market Place

Building Information Modelling (BIM) is an eminent tool helping in the analysis of the qualitative and quantitative aspects of the project. BIM Market is a place where the global and regional market is considered focusing on its different segments and key factors and parameters affecting that market. This market analysis helps formulate strategies that result in increasing the profitability of the project. 

This BIM Market is split based on solution type or product, end-users / application, end-use segments, and geography. BIM solution or software again is split into software and consultancy services. Most of the market players offer BIM based on software and BIM services. Features like visualizations, cost-effectiveness, and interoperability are exhibited by BIM modeling services. This Software is applied or encompasses solutions like architecture, MEP, sustainability, structural BIM, facility management of the construction process. While the Software segment is the largest shareholder of the BIM market, it is majorly dominated by the architecture and construction software. The Software product could be 3D BIM Management of Design Models, 4D BIM Management of Schedule, and 5D BIM Management of Costs. 


Based on applications or end-users, the BIM Market comprises Architects, Contractors, AEC Engineering firms, developers, owners, etc. Among these, the contractors, engineers, architects, and developers are the major users of BIM Solutions. The users of BIM are applying, or its application is in a variety of end-use industries to deploy BIM Solutions. This includes rail transit and aviation; roads, bridges, and highways; education institutes and commercial spaces; water and wastewater; aviation and rail transit; government buildings; energy generation facilities, factories, and warehouses; apartments and houses; dams among others. It was observed that the rail transit and aviation sector was holding the major share of the market in 2020 when revenue generation was considered.

BIM Services providers in India use it extensively in building applications to overcome the cost and time wastage that helps reduce the overall project delays. With some of the advanced BIM Services like Clash Detection and Coordination, 3D Modelling, Structural BIM services, etc it brings about efficient strategy, design, construction, and management of the buildings. Buildings hold the major chunk of market share as compared to any other application due to the fact the number of construction projects or buildings likes shopping centers, business spaces and retail shops are more. 

While the BIM Market based on region or geography is segmented as the Asia Pacific (China, Japan, South Korea, India, and ASEAN), North America (the US and Canada), Europe (Germany, France, UK, and Italy) and Rest of the world region (Latin America, Middle East, and Africa.


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Location: United States

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